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Finger [1]
3 years ago
14

Allocation of resources is inefficient only if:________

Business
1 answer:
weqwewe [10]3 years ago
6 0

Answer:

<em><u> we produce the goods and services that  people value less</u></em>

<em><u>Explanation:</u></em>

<em><u>Remember, </u></em> an inefficient activity is one that<em> fails</em> to achieve maximum productivity with minimum wasted effort.

Let's take for example a mobile producer (manufacturer) decides to allocate its resorces into producing<em> laptops.</em> However, it later determined that the allocated resources were inefficient since most consumers according to a  survey now prefer <em>tablet</em> <em>computers. </em>The company received low sales volume as result.

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In a free market​ system, ____. A. central planning determines supply B. government forces primarily determine prices C. most ne
natka813 [3]

Answer: Option E

Explanation: In a free market system the prices of goods and services produced are determined by the market forces of demand and supply. This are also known as open market.

The intervention of govt. in regulating such markets is very minimal. Thus, the control in such markets stands in hands of private owners. Therefore, the private owners produce with the single aim of profit maximization in such economies.

Hence we can conclude that the right option is E.

4 0
3 years ago
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5 0
3 years ago
Charismatic leaders ________
AfilCa [17]

Answer:

C

Explanation:

one it makes sense & it fits in the context of the sentence

7 0
4 years ago
jorge has a new job in an office.Which of the following safety procedures will he most likely need to learn
igomit [66]

APEX-

A. What safety equipment to wear

B. How to use ladders safely

C. how to handle blood safely

D. How to exit safely in the event of a Fire


If this is correct then D would make the most sense, I remember doing computer applications too <3 hopefully this helps


5 0
3 years ago
Read 2 more answers
By diversifying, investors help minimize ________
Yuliya22 [10]
<span>By diversifying, investors help minimize : Risk

In investment term, diversifying means placing your investments into SEVERAL TYPE of investments (Such as placing some on bonds, placing some on IT market, placing some investment on food products, etc). By doing this, you won't lost all of your investment in case one type of market crashed down.
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