It is True that when an allocation of resources maximizes total surplus, the result is said to be efficient.
This is based on the governmental policies indicators, which state that the equilibrium of supply and demand maximizes total surplus.
This is because, at the equilibrium of supply and demand, the output point is deemed efficient.
This situation is because there is no other price and quantity combination that can lead to a higher level of total surplus.
Hence, in this case, it is concluded that the statement above is True.
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Answer:
b. Financial statements are frequently the basis used for performance evaluations.
Explanation:
The financial statements are the accounting reports of an organization, through these documents it is possible to analyze what is the financial situation of a company in the internal and external environment, what are its greatest strengths and weaknesses.
They are instruments for evaluating organizational performance because they provide essential information about the general accounting situation of a company, which ensures greater reliability for a manager to make a decision directed to correct a problem or strategic implementation to achieve a certain result. It also allows stakeholders to analyze essential data and information when deciding to invest or do business with a particular company.
Answer: a motion for summary disposition or summary judgement.
Explanation:
A summary judgement is also known as summary disposition or judgement as a matter of law. A summary judgement is a judgement that is entered by a court for a party at the expense of another party which is summarized. It is a judgement without a full trial.
Summary judgement can be as a result of discretion in the case or merits of a case. The above case is an example as both parties agree to the facts with Delta supporting it with sworn statements.
