Answer: B. an output of the product that is less than the amount consistent with ideal economic efficiency
Explanation: Economic efficiency is the state in which all available resources are optimally allocated to serve each individual or entity in the best way while reducing to the minimum, waste and inefficiency. In reality, economic efficiency has shown that nothing can be improved without something else being hurt.
When competitive forces are weak, it leads to decrease in output as economic efficiency is only maximized when price is equal to marginal revenue because at this point both profit and efficiency are maximized.
Because They formed a colony of fishermen who lived and worked in the swamps and bayous.
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What is the usual relationship between a country’s standard of living and literacy rate of that country? Usually the relationship between a country's standard of living and literacy rate directly relate to one another. When a country has a high standard of living, the literacy rate is also high because the norms are set to a higher standard. In society, everything relates to one another and because of one thing comes another outcome and so on.
Answer:
D
Explanation:
The fact that dating sites are likely more efficient than meeting in person and would be the first step of knowing people.