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ser-zykov [4K]
3 years ago
13

What is true of the product combination that satisfies allocative efficiency? Select all that apply: a. It is the combination of

products that society most desires. b. It is one of many combinations of products that use all available resources. c. It is the combination of products that is most beneficial to the firms, but not buyers. d. It is a combination of products that is outside of the production possibilities frontier.
Business
1 answer:
elena-14-01-66 [18.8K]3 years ago
6 0

Answer:

The answer is a. It is the combination of products that society most desires.

Explanation:

Allocative efficiency means that the particular mix of goods being produced that is, the specific choice along the production possibilities frontier represents the allocation that society most desires.

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azamat

Answer:

Investment in stock C is $122450.3311 rounded off to $122450.33

Explanation:

A portfolio which is equally as risky as market should have a beta equal to the beta of the market as beta is a measure of the riskiness. The beta of market is always equal to 1. The formula for beta of a portfolio is as follows:

Portfolio beta = wA * Beta A + wB * Beta B + ... + wN * Beta N

Where w represents the weight of each stock in the portfolio.

Let investment in stock C be x

1 = 146000/500000 * 0.91 + 134000/500000 * 1.36 + x/500000 * 1.51

1 = 0.26572  +  0.36448 + 1.51x / 500000

1 - 0.6302 = 1.51x / 500000

0.3698 * 500000 = 1.51x

1844900 / 1.51 = x

x = $122450.3311 rounded off to $122450.33

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3 years ago
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2 years ago
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A department is looking for an entry-level cashier. One of the job applicants is a cashier with 30 years of experience as a cash
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The reason why the manager wants the person with 6 months of experience is the fact that a person with 30 years of experience is overqualified for an entry level position.

<h3>What is an entry level position?</h3>

An entry level position is a job that is designated for the people that have just left school.

The kind of people that are fitted for such positions are those that have just graduated from the university.

The person with 30 years of experience does not fit into this category.

Read more on entry level here:

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Answer:

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