Answer: B. an output of the product that is less than the amount consistent with ideal economic efficiency
Explanation: Economic efficiency is the state in which all available resources are optimally allocated to serve each individual or entity in the best way while reducing to the minimum, waste and inefficiency. In reality, economic efficiency has shown that nothing can be improved without something else being hurt.
When competitive forces are weak, it leads to decrease in output as economic efficiency is only maximized when price is equal to marginal revenue because at this point both profit and efficiency are maximized.
Answer:
He oversaw the construction of schools and universities.
\ Explanation:
They are most likely suffering from an anxiety disorder
Answer: Gold
Explanation: Gold (Au) in its bulk form, like the metal in a wedding ring, is not considered a magnetic material. Technically, it is classified as “diamagnetic”, meaning that it can be repelled by a magnetic field, but cannot form a permanent magnet. ... Magnetism is caused by unpaired electrons surrounding the atoms of the material.
