1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
oee [108]
3 years ago
15

An economic outcome is said to be efficient if the economy is a getting all it can get from the scarce resources it has availabl

e. b conserving on resources, rather than using all available resources. c using all of the resources it has available. d able to produce more than what is currently being produced without additional resources.
Business
1 answer:
Anni [7]3 years ago
8 0

Answer:

The correct answer is option a.

Explanation:

An economic outcome is said to e efficient if the economy can produce the maximum amount of goods and services using all the scarce resources it has. If the production of anyone good cannot be increased without decreasing the production of any other good, the production is said to be efficient.

If the economy can increase production without additional resources then the current level of production is not efficient.

You might be interested in
What can I do to block out screaming/ fighting parents?
Triss [41]

Answer:

Tell them to shut up and let you do your work

Explanation:

5 0
3 years ago
Read 2 more answers
Shelley wants to cash in her winning lottery ticket. She can either receive eight $100,000 semiannual payments starting today, o
Aleksandr-060686 [28]

Answer:

single-amount payment $925,160

Explanation:

Given data:

Amount $100,000

Rate 6%

interest semi annually 3%

Number of period 5

Lumpsum Payment = A\times {PVAF@ I,n}

                                = A\times {PVAF@ 3\%,5}

calculation for PVAF

PVAF @ I,N =\frac{(1-(1+I)^-N)}{I}

[email protected] 3%,5 = \frac{(1-(1+0.03)^{-5})}{0.03}

                          =4.58

                   

Lumpsum Payment =202000*4.58

                               =925160

6 0
3 years ago
An executive of a large steel company put the blame for lower net income for a recent fiscal period on the ""shift in product mi
rodikova [14]

Answer:

A business can improve its average contribution ratio and its overall profitability, by shifting its sales mix to include more products with high contribution margin ratios.

In this case American steel company shift in product mix is due to a higher proportion of export sales. This shift caused to decline net income of the company. This is because the contribution margin ratio on export sales may lower than the other product mix. So, the shift of product mix to low contribution sales will cause to decline the net income.

3 0
3 years ago
The market supply curve indicates the rev: 05_10_2018 Multiple Choice maximum prices that buyers are willing and able to pay for
Yakvenalex [24]

Answer:

The market supply curve shows the minimum prices that all the sellers in the market will be willing to accept for the product.

Explanation:

The market supply curve of a product is the summation of individual supply curves. It represents the minimum acceptable prices of the product that all the firms in the market will be willing to accept.  

The market supply curve is an upward line representing the law of supply. The law of supply states that other things being constant the supply of a product will be directly related to its price. this means that with an increase in the price level, the output level will increase as well.

4 0
3 years ago
____ is a way to minimize technical problems with your computer
KATRIN_1 [288]
Troubleshooting is a way to minimize technical problems with the computer.
6 0
3 years ago
Read 2 more answers
Other questions:
  • Regina Corp. is a property and casualty insurance company in its third year of operations and has a net loss of $100,000. Regina
    12·1 answer
  • Axiom International, an Australian company, wants to expand its operations to China, a country that is politically, culturally,
    8·1 answer
  • Complete the following sentence.
    12·1 answer
  • What is the broad term that refers to all other terms listed below. The term can apply to all divisions and departments​ (such a
    6·1 answer
  • Time Warner Cable uses its sales reports broken down by geographic regions as part of its marketing research to determine which
    13·1 answer
  • The two main types of e-commerce are
    5·1 answer
  • Suppose that Fizzo and Pop Hop are the only two firms that sell orange soda. The following payoff matrix shows the profit (in mi
    13·1 answer
  • Contingency theories propose that the effectiveness of a particular style of leader behavior depends on the Multiple Choice situ
    5·1 answer
  • The weekly demand for an item in a retail store follows a uniform distribution over the range 70 to 83. What would be the weekly
    7·1 answer
  • Where do you pay a bill by credit card when the bill was not entered through the enter bills window?
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!