How has globalization made countries more interdependent? Check all that apply.
Countries now rely on one another for vital resources.
Countries now rely on each other for new industries.
Countries now rely on one another for chances to import.
Countries now rely on one another for an employment base.
Countries rely on each other for cheaper products.
Countries now rely on one another for chances to export.
so its 1,2,3,5,6
Answer:
A.
Explanation:
Allocative efficiency is when the markets are working in the most economically efficient manner and there are no externalities (no over production or under production of economic goods and services).
Markets are allocative efficiency when the price equals the marginal cost.
Allocative efficiency is at an output which maximizes total consumer welfare.
is reached when no one can be made better off without making someone else worse off.
Occurs when the value that consumers place on a good or service (reflected in the price they are willing and able to paid) equals the cost of the factors resources used up in production.
Answer:
Total period costs= $12,500
Explanation:
iving the following information:
Salaries for assembly workers $32,000
Cost of materials $1,400
Lubricants for machines $680
Accountant’s salary $4,600
Factory supervisor’s salary $4,700
Sales commissions $3,200
Period costs are not directly tied to the production process.
Period costs:
Accountant’s salary $4,600
Factory supervisor’s salary $4,700
Sales commissions $3,200
Total period costs= 12,500
<span>Ctrl+End
Although this is actually a shortcut method in excel for accomplishing the task in the above named question, there is no other direct methods for selecting the last set of data one is working with in Microsoft excel.</span>
A firm has a marginal cost of $20 and charges a price of $40. the lerner index for this firm is 0.50.
<h3>
What is Lerner index?</h3>
Lerner index, in economics is a measure of the market power of a firm. Formalized by the Russian-British economist Abba P. Lerner in 1934.
The Lerner index is expressed in the following formula:
Lerner index = P - MC/P
where P represents the price of the good set by the firm and MC represents the firm's marginal cost.
The index measures the percentage markup that a firm is able to charge over its marginal cost.
The index ranges from a low value of 0 to a high of 1.
The higher the value of the Lerner index, the more the firm is able to charge over its marginal cost, hence the greater its monopoly power.
To learn more about Lerner Index, refer
brainly.com/question/19091231
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