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vovikov84 [41]
3 years ago
5

Production efficiency is a situation in which the economy is getting all that it can from its resources and​ _____ produce mor

e of one good or service without producing​ _____ of something else.
Business
1 answer:
Dennis_Churaev [7]3 years ago
4 0

Answer:

Cannot, Less

Explanation:

Production efficiency or productive efficiency is the efficient utilization of resources with view to achieving the lowest cost of production. Production efficiency is achieved when an economy is operating on her production possibility curve.

When an economy attained the level of Productive efficiency, it means it can no longer increase production of any commodity without a trade-off for other similar commodity.

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Explanation:

4 0
3 years ago
Many small firms seek to establish a particular niche in the market, realizing that they cannot afford to operate on a larger sc
Karolina [17]

Answer:

Letter A is correct. <u>Fostering competition.</u>

Explanation:

In this case, it is correct to say that small businesses are fostering competition.

Competition in the business world can be defined as a situation where two or more companies that supply products are rivals in the quest to conquer the same market and the same customers.

Large companies often have some dominance and influence over the market, which means that they impose various barriers to market entry by other competing companies, especially if they are micro-companies. In the case of the above question, when there are a large number of small companies looking to establish themselves in a specific niche in the market, due to possible retaliation by large companies, together, they are exerting an influence on the market that promotes competition.

4 0
3 years ago
The aggregate demand curve shows a ________ relationship between ________ and aggregate output ________.
dezoksy [38]
Why should i ever care just kidding 
6 0
3 years ago
Evaluate this statement: "If the yield of two bonds having equal maturity changes the same amount, the price of the lower coupon
AfilCa [17]

Answer:

FALSE

Explanation:

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We must understand that in the end of the life of a bond(maturity), the value should always match the face value thus, the difference in bond market price arise from coupon payment.

If a bonds coupon payment is 40 dollars while another bond coupon payment  is 80 dollars the present value of the second will be more influenced from the interest rate as there are more dollars in the future to discount.

8 0
3 years ago
Coursework beyond that of a bachelor's degree is known as interdisciplinary.<br><br> True<br> False
Marysya12 [62]

Answer:

false

Explanation:

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