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Luba_88 [7]
3 years ago
15

Efficiency

Business
1 answer:
Andru [333]3 years ago
6 0

Answer:

d. refers to how evenly the benefits from using resources are distributed between members of society.

Explanation:

d. refers to how evenly the benefits from using resources are distributed between members of society.

It means how evenly the benefits are distributed among the member how scarce the resources are. In other words it means how much benefits are obtained from the least resources available.

It also means to maximize the benefits with the resources available.

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Which of the following scenarios is an example of monopolistic competition?
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Lesley Torres is a project manager for the campaign​ "Action against Deforestation in​ Indonesia." She recently faced a glitch w
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8 0
3 years ago
Based on predicted production of 17,000 units, a company anticipates $255,000 of fixed costs and $216,750 of variable costs. The
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Answer:

fixed costs = $255,000

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Explanation:

A flexible budget is prepared in order to compare how budgeted revenues and costs actually worked out. In other words, if actual revenues and costs were similar to the budget previously prepared. A flexible budget adjusts actual results and helps management control how efficient the company was in following their budget. That is why a flexible budget is done after the budgeted period is over.

Fixed costs should not change (that is why they are fixed), but variable costs should change if the actual output was different than the budgeted output.

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