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VMariaS [17]
4 years ago
9

​What is the relationship between total surplus and economic efficiency?

Business
1 answer:
mrs_skeptik [129]4 years ago
3 0

Answer: When total surplus gets maximized, then economy meet economic efficiency.

Explanation:

Economic efficiency is described as a thinking that there is one possible way to make situation better by imposing a cost on another.

Total surplus is described as the sum of producer and consumer surplus.

It gets maximized in a perfect competition (hit free-market equilibrium).

i.e. It gets maximized when both consumer and producer surplus is maximum, and then the economy meet economic efficiency.

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Enzo just started his own IT company and is taking a marketing course to learn how to create more effective business marketing m
ASHA 777 [7]

Answer:

Guidelines are:

  1. Every business is created to address a problem. he should briefly define the problem and mention how his business will solve it
  2. He should include his target market and market segmentation
  3. Include relevant social impact made
  4. He should know his likely audience and what's motivating them and channel his pitch to address their interests
  5. Own the pitch and be prepared to answer questions regarding it

Explanation:

7 0
3 years ago
The price of a European call option on a non-dividend-paying stock with a strike price of $50 is $6. The stock price is $51, the
klemol [59]

Answer: 2.09

Explanation:

Given the following ;

Strike price (K) = $50

Price (c) = $6

Rate (r) = 6% = 0.06

Stock price (So) = $51

Time (T) = 1

Recall, relation for a put-call parity(p) is given by:

p + So = c + Ke^-(rT)

p = c + [Ke^-(rT)] - So

p = 6 + [50e^-(0.06 × 1)] - 51

p = 6 + [50×e^-0.06] - 51

p = 6 + (50 × 0.9417645) - 51

p = 6 + 47.0882267 - 51

p = 53.0882267 - 51

p = 2.0882267

p = 2.09

4 0
3 years ago
A major ethical dilemma in modern business stems from the growth of environmentalism and the “green” lifestyle. Businesses argue
Westkost [7]

Businesses have a moral obligation that must be politically enforced.

Explanation:

Businesses working from profits often use indiscriminate measures to garner profits for themselves while using their capital as economically as they can.

This includes the exploitation of workers. To counter this, we have trade unions.

Similar is the situation for conservation<u>. Environmental issues indirectly affect the whole population of the country and every company has a part in it. Hence environmentally secure sanctions need to be put in place even if it eats into the company's profits.</u>

8 0
3 years ago
Which of the following international operations strategies uses decentralized authority with substantial autonomy at each busine
Alexeev081 [22]

Answer:

C. multidomestic

Explanation:

In a multidomestic international operations strategy, foreign branches of a multi national corporation decide their own strategy as per that country's needs, tastes, traditions and culture.

In such cases, the strategies adopted at branches could be entirely different from those employed by the parent company.

Such a strategy ensures a greater degree of independence or autonomy and at the same time, allows delegation of authority to the lowest level i.e decentralization.

Delegation refers to assigning of authority by a superior to his immediate subordinate. When delegation is carried out to the lowest organizational level, it is referred to as decentralization.

3 0
4 years ago
Terrell has an employer-sponsored 401(k) plan that he contributes to, and his employer matches 25% of his 401(k) contributions.
Elza [17]
The answer is 6250 buddy.

You're welcome
-From Hockey
8 0
3 years ago
Read 2 more answers
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