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dybincka [34]
3 years ago
15

When a competitive market maximizes economic surplus, it implies that the rev: 05_10_2018.a.marginal benefit of having the produ

ct is greater than the marginal cost.b.buyers are getting the maximum consumer surplus from the product.c.combined consumer and producer surplus is maximized.d.quantity demanded is lower than the quantity supplied.
Social Studies
1 answer:
Tom [10]3 years ago
3 0

The correct answer is letter C.

Explanation: Perfectly competitive markets are defined by two characteristics: The goods offered for sale are all the same and the buyers and sellers are so numerous that not a single buyer or seller can influence the market price. The wheat market is an example of a market with perfect competition.

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The conclusion that can be drawn from the research shows that the choice of cars among the men and the woman is subject according to their opinions and needs.

While the women made a choice due to the need to have a reliable car (hence not needing a new one in few years to come ), the men made their choice based on the colour of the car (inoder to bring out the beauty of the car).

Explanation:

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4 years ago
The infliction of mental suffering is usually easier to detect than other forms of abuse. True or false?.
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The infliction of mental suffering is usually easier to detect than other forms of abuse. This statement is True

<h3>What is Mental suffering?</h3>
  • Mental suffering, sometimes known as "mental anguish," is the discomfort, dysfunction, or misery of the mind; it typically follows bodily pain or injury.
  • It also refers to emotional distress brought on by another person's actions, including extremely unpleasant feelings like worry, despair, sorrow, grief, horror, shame, or rage.
  • It is significant to remember that discomfort, whether mental or emotional, is typically brought on by an outside source and, when severe enough, may serve as a foundation for suing for damages in a tort case.
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  • The objective test for determining whether such an assumption is acceptable calls for a cap on compensation for non-economic damages of between $250,000 and $500,000 for all non-economic damages.

To know more about mental suffering with the given link brainly.com/question/10449105

#SPJ4

6 0
2 years ago
Write any 4 appropriate suggestions to make society an ideal one.​
Mama L [17]
  • Answer:
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  • Respect all value or norms of all the people.
  • Proper health facility to all the people of society.
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6 0
3 years ago
Explain the meaning of cultism
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Explanation:

Cultism is basically the practice of a cult and a commitment to something. Hope this helped :)

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3 years ago
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