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rodikova [14]
3 years ago
8

When a competitive market achieves allocative efficiency, it implies that:

Business
1 answer:
valentinak56 [21]3 years ago
7 0
Well allocative efficiency is: o<span>ptimal levels of all goods are produced and sold to consumers who value them most</span>
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Variables that are based on some objective physical (gender, ethnicity), measurable (age, income), or other classification attri
prohojiy [21]

Answer:

Demographic segmentation

Explanation:

Demographic segmentation can be defined as a market segmentation in which variables such as gender, ethnicity, age, income, occupation of potential customers are taken into consideration.

The market is divided into segment according to age, race, religion, gender, family size, ethnicity, income, and education.

Demographic segmentation makes information such as who will buy your products, where to sell your product, how to market your product available to the producer.

It ensures that customers are well cared for. When a producer focus on a particular group of customers, they will be more committed and dedicated to satisfying their customers. Demographic segmentation ensures customer satisfaction.

6 0
4 years ago
The impact lag facing the Fed is
Annette [7]

Answer: A: the time required for monetary policies to take effect

Explanation:

The impact lag also known as the response lag is the time it takes for corrective monetary and fiscal policies, designed to smooth out the economic cycle or respond to an adverse economic event, to affect the economy once they have been implemented.

For instance, during the last recession, several policies were introduced by the government to manage the situation . The time it takes for the citizens to feel the impact of these policies is known as the impact lag phase.

6 0
3 years ago
Cecelia's government provides for her basic needs. In return, Cecelia works in the factory downtown, as she always has since the
amid [387]
The choices can be found elsewhere and as follows:

<span>A. a market system
B. a planned system
C. a mixed system
D. none of the above

I think the correct answer is option B. </span>Cecelia's government can be considered a planned system. It <span>is an economic </span>system<span> in which inputs are based on direct allocation. Hope this answers the question. Have a nice day.</span>
5 0
4 years ago
Which of the following is true of email?
Oliga [24]

Answer:D

Explanation:

7 0
3 years ago
Logistics systems should be designed to achieve customer service goals while maintaining lowest possible financial investment in
shepuryov [24]

Logistics system should be designed to achieve customer service goals while maintaining lowest possible financial investment in inventory.

The main purpose of logistics system is to increase the experience of the customer  and to improve profits of the organization. Reducing the cost of inventory may add to the profits of the company.

Managing the inventory is an instinct part of the smooth running of businesses. Recognizing which and how much stock has to be ordered, is useful to continue the inventory levels and content the customers. Timely delivery of the product adds to the customer satisfaction.

To learn more about inventory here

brainly.com/question/15118949

#SPJ4

8 0
1 year ago
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