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Luden [163]
3 years ago
6

The distinction between efficiency and equality can be described as follows:

Business
1 answer:
larisa [96]3 years ago
5 0

Answer:

The correct answer is the letter b. Efficiency refers to maximizing the size of the pie; equality refers to distributing the pie fairly among members of society.

Explanation:

Efficiency is about maximizing production while minimizing costs, ie producing as much as possible with available resources. Equality refers to the distribution of production, that is, the division into economically considered fair parts of what was produced among the agents of society. In the example, efficiency would be to produce the largest pie possible given the existing resources. Equality would be the distribution of the pie considered socially fair.

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Goryan [66]

Answer:

It will order 3,865 booklets

Explanation:

We need to use the formula for Economic Optimal Quantity

Q_{opt} = \sqrt{\frac{2DS}{H}}

Where:

D = annual demand

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H= Holding Cost

Q_{opt} = \sqrt{\frac{2*70,000*80}{.75}}

Q_{opt} =3,864.37

It will order 3,865 booklets

<u>How to Remember:</u>

Demand per year and order cost goes in the dividend.

Holding cost goes in the divisor.

6 0
3 years ago
One of the purposes of the US judicial system is to _____.
Norma-Jean [14]

the answer is B, resolve conflicts peacefully

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3 years ago
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Chad, who owns the only coffee shop in Rivercity, learns that Jose is about to open a competing coffee shop in the same small to
Leya [2.2K]

Answer:

Rivercity Coffee Shop

Chad cannot sue Jose.  The $10,000 is paid to Jose is a bribe.  Since a bribe is not legal, it cannot form the basis for an enforceable contract.

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Explanation:

For a contract to be enforceable, it cannot be illegal.  A bribe is illegal.  The basis for the contract is illegal.  Therefore, Chad cannot sue Jose.  Since Jose decided to breach the contract, neither Chad nor Jose is entitled to any compensation.  Jose cannot be held liable for non-performance.

6 0
3 years ago
What triggers security questions using walmarts moneygram?
arlik [135]
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3 years ago
Giancarlo has received an inheritance from his rich uncle and is contemplating the purchase of a Suzuki XL7. In an attempt to ma
Effectus [21]

Answer:

Giancarlo’s initial investment in the Suzuki XL7 is $17,122

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8 0
3 years ago
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