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Alja [10]
2 years ago
6

Economists consider governments to be "wasteful:" - whenever they over- or underallocate resources to a project. - only when the

y overallocate resources to a project. - only when they underallocate resources to a project. - whenever they attempt to correct a market failure.
Business
1 answer:
ahrayia [7]2 years ago
3 0

Answer:

The correct answer is: whenever they over- or under-allocate resources to a project.

Explanation:

A government is considered to be wasteful by the economists if it over-allocates or under-allocates resources on a project. Whenever resources are not efficiently or optimally allocated it is considered wasteful.

In case resources are over-allocated, the reason is given that the excess resources could have been used somewhere else.

In case resources are under-allocated, the reason is given that the given resources will not be able to provide the desired output.

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Suppose one rental car company raises its prices and the rival car companies leave their prices unchanged. But when another rent
Karo-lina-s [1.5K]

Answer:

This situation is an example of cross Price elasticity of Demand

Explanation:

If change in Price in Rental Company A doesn't necessitate change in prices in Rental companies B.C.D.E & F

Then the products A has on offer are not close substitutes to the rival companies

However where Rental company G lowers his price and it immediately triggers a Price reduction in Companies B to F, then obviously they offer similar products that are close substitutes and serve similar segment or channel of the Market Size. Thus failure to lower their Price will automatically see Customers rent cars more from Company G.

This situation is an example of cross Price elasticity of Demand

7 0
3 years ago
Kroger, a supermarket chain, has committed to source 100 percent of wild-caught seafood in its seafood departments from fisherie
saul85 [17]

Answer:

Kroger has the buying objective of responsible  sourcing and supply chain sustainability.

Explanation:

Responsible sourcing involves procuring materials for a business where ethics and long-term sustainability are the watchwords.

The only to way to ensure suppliers do the right in business is for their customers to assess them based on ethics and sustainability,hence supplier that does not conform to ideal business ethics is at the risk of losing business. No doubt that  suppliers are forced to the right thing in ensuring the environment and their host communities do not suffer hardship emanating from their operational hazards.

8 0
3 years ago
Х
Scilla [17]

Answer: It is A. Accounts Receivable.

4 0
2 years ago
A series of stages that products pass through in their lifetime, characterized by changing product demands over time is defined
Rashid [163]
Product Life Cycle, for which the stages include launch, growth, saturation and decline. Hope it helps!
3 0
3 years ago
Honeycutt Co. is comparing two different capital structures. Plan I would result in 12,700 shares of stock and $109,250 in debt.
irina [24]

Answer: $47.50

Explanation:

The Price per share under Plan I can be calculated by the formula;

Price per share = Value of debt / (Number of shares under all-equity plan - Number of shares under Plan)

= 109,250 / ( 15,000 - 12,700)

= 109,250 / 2,300

= $47.50

5 0
3 years ago
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