Answer:
a. Anywhere inside or on the production possibilities frontier.
Explanation:
In an economy, the allocative efficiency may be defined as the economic state where the production of various goods or services is aligned with the preferences with the consumers.
The allocative efficiency always materializes at the intersection of the supply curves and the demand curves.
On the
the price for a supply
with the demand for the product
at that price, and thus all the products are sold.
It occurs anywhere on the production possibilities frontier or on the inside of the frontier.
Therefore, the correct option is (a).
So the thing here is that n workers produce n units of output, and so the total product of labor equals the number of workers: q = L
will differ by labor because the extra workers creates one more units of output,
= ∆q/∆L= 1
will differ by how much labour was put into it:divide both sides of the production function,
= q/L= 1
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Hope this helps, now you know the answer and how to do it. HAVE A BLESSED AND WONDERFUL DAY! As well as a great rest of Black History Month! :-)
- Cutiepatutie ☺❀❤
Answer and Explanation:
The computation of the net worth statement is shown below:
Assets
Checking account $800
Scooter $2,000
Total assets $2,800 (A)
Liabilities
OWed to jaycee Auto $920
River college $125
Total liabilities $1,045 (B)
Net worth $1,755 (A - B)
Answer:
The correct answer is: reduce stress and enhance adjustment.
Explanation:
Families bond with their surrounding society promotes a friendly atmosphere in society. Cooperation, kindness, respect, and honesty are core values that families should share among them. By doing this, their atmosphere is likely to be <em>less stressful</em> and adults and children can <em>adapt to the community</em> easier.
Answer:
(E). A person receives clear information about performance effectiveness from the work itself.
Explanation:
According to the Job characteristics model, an employee gets motivation from the job itself, and there are five characteristics that improve an employee's performance on the job. One of these characteristics is "feedback".
The model defines feedback as the <u>extent to which an employee receives information about how effective his or her job performance has been.</u>