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GalinKa [24]
3 years ago
5

When every good or service is produced up to the point where the last unit provides a marginal benefit to society equal to the m

arginal cost of producing​ it, ________ occurs.
Business
1 answer:
Lelu [443]3 years ago
3 0

Answer:

<u>Allocative efficiency </u>

Explanation:

Marginal benefit refers to the extra satisfaction derived from purchase of an extra unit of a good or a service.

Marginal cost refers to the extra cost incurred when an additional unit of a good or a service is produced.

When marginal cost is equal to the marginal benefit, it is the most efficient situation wherein optimal blend of commodities is produced.

Allocative efficiency refers to producers providing that blend of goods which are most desired by the society at the optimal level of production.

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Baby boomers are interested in _____ brands, or products that reflect a certain time period, and are targeted with products like
Alex Ar [27]

Answer:

Option A: retro

Explanation:

Difference factors influence consumers to buy certain things. These factors are used to segment consumers. The segmentation is done includes: behavioural, demographic, geographic and psychographic.

Baby boomers fall under the demographic segmentation under the age classification of generations (includes: seniors, baby boomers, generation X and generation Y( college age students).

Today's college age students compose the largest generation. The baby boomer generation is the second largest and over the last thirty years or so, has been a very attractive market for sellers. Retro (old) brands or products that companies "bring back" for a period of time we're aimed at baby boomers during the economic downturn. A perfect example is the Pepsi throwback and Mountain Dew throwback, which are made with cane sugar like they were "back in the good old days" instead of corn syrup.

Therefore, the option that best suits the question is option A, RETRO.

6 0
3 years ago
Read 2 more answers
Given the following information about the closed economy of Brittania, what is the level of investment spending and private savi
arlik [135]

Answer:

$270 million; $220 million; $50 million

Explanation:

Given that,

GDP = $ 1260.00 million

T = $ 320.00 million

C = $ 720.00 million

G = $ 270.00

Formula for calculating GDP by expenditure method is as follows:

GDP = Consumption + Investment spending + Government spending

$1,260 = $720 + Investment spending + $270

$1,260 = $990 + Investment spending

$1,260 - $990 = Investment spending

$270 million = Investment spending

Private savings refers to the savings of the households. It is calculated by  subtracting the taxes and consumption spending from the income level.

Private savings:

= GDP - Taxes - Consumption spending

= $1,260 - $320 - $720

= $220 million

Public savings refers to the savings done by the government. Public savings is calculated by subtracting the government expenditure from the taxes.

Public savings = Taxes - Government spending          

                        = $320 - $270

                        = $50 million

Therefore, a positive public savings indicates that there is a budget surplus.

6 0
3 years ago
A $1000 par value bond with 5 years to maturity and a 6% coupon has a yield to maturity of 8%. Interest is paid semiannually. Ca
Katarina [22]

Answer:

$918.89

Explanation:

For computing the current price of the bond we need to apply the present value formula i.e to be shown in the attachment

Given that,  

Future value = $1,000

Rate of interest = 8%  ÷ 2 = 4%

NPER = 5 years × 2 = 10 years

PMT = $1,000 × 6% ÷ 2 = $30

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

So, after applying the above formula, the current price of the bond is $918.89

7 0
3 years ago
Pl lumber stock is expected to return 22 percent in a booming economy, 15 percent in a normal economy, and lose 2 percent in a r
LekaFEV [45]
                    Expected rate of return           Probabilities
Booming                22%                                    5%
Normal                  15%                                   92%
Recession               2%                                     3%

The expected rate of return on this stock is solved by multiply each expected rate of return to its corresponding probability and getting the sum of all products.

Booming: 0.22 x 0.05 =  0.011
Normal:   0.15 x  0.92 = 0.138
Recession 0.02 x 0.03 =<u> 0.0006</u>
Sum total                     0.1496  or 14.96% is the expected rate of return on this stock

3 0
3 years ago
At the beginning of the video, we learn that Rosalie’s sales numbers have declined. The Marketing Director, Product Development
Volgvan

Answer:

The answer is letter A. Environmental Scanning.

Explanation:

At the beginning of the video, we learn that Rosalie’s sales numbers have declined. The Marketing Director, Product Development lead, and Sales Manager proceed to engage in a broad discussion of the different factors that may have led this decline. They are engaging in a process known as _Environmental Scanning._______.

5 0
3 years ago
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