Answer: B. an output of the product that is less than the amount consistent with ideal economic efficiency
Explanation: Economic efficiency is the state in which all available resources are optimally allocated to serve each individual or entity in the best way while reducing to the minimum, waste and inefficiency. In reality, economic efficiency has shown that nothing can be improved without something else being hurt.
When competitive forces are weak, it leads to decrease in output as economic efficiency is only maximized when price is equal to marginal revenue because at this point both profit and efficiency are maximized.
Answer:
They're the birth place of Democracy.
Explanation:
Ancient Greece was considered as the first civilizations that introduced the concept of Democracy.
The building in Ancient Greece was designed to accommodate a lot of audiences facing one specific direction where the speaker can present his/her case. The Roman civilization adopted this building and some principles from Greek's democracy.
American leaders in the past used these concept as a replacement for British' monarchy. They found that mimicking the building can be a source of inspiration that remind them about the core foundation of democratic government.
Answer:
yes it I true that there is a great possibility of hydropower generation in Nepal, the electricity has not been supplied as required because of the following reasons:
1.lack of capital
2.lack of good manpower
3.lack of technology
4.due to corruption
5.lack of construction tools
