Answer: B. Each firm produces up to the point where the price of the good equals the marginal cost of producing the last unit.
Explanation:
Allocative efficiency means that the point chosen on the production possibility frontier is socially preferred.
In a perfectly competitive market, allocative efficency is achieved at the point where price equals the marginal cost of production. At this price producer and consumer surplus is maximised.
The answer is image oriented advertising. This type of advertising
tends to focus more on the products of which they assume of which are more
presentable and are favorable for their consumers that will be worth trying or
buying of by the consumers.
False ...................
1. Money is a very valuable thing that helps you live. You can get money by getting a job, but there are lots of other ways to get money.
2. money helps with you being able to afford things. Money can get you a house, a tv, or even a phone.
Answer:
C
Explanation:
Do to the rEASON I FOUND ONLINE