Answer: Economic efficiency in a free market occurs when C) the sum of consumer surplus and producer surplus is maximized.
Explanation: Economic efficiency happens when resources are distributed in a way that allows for the least amount of waste so that there is little inefficiency. When all items are maximized, there is little waste happening and therefor the economic has achieved economic efficiency.
Answer:
The number of equivalent units using the weighted-average method is 185,000.
Explanation:
Determine the number of units completed and transferred out.
Number of units completed and transferred out = Units in beginning
+ Units started and completed during the month
=35,000+110,000
=145,000
Therefore, the number of units completed and transferred out is 145,000 units.
It is given that the beginning units completed is 35,000, and the units started and completed are 110,000. They are added to calculate the number of units completed and transferred out. Therefore, the number of units completed and transferred out is 145,000 units.
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Determine the number of equivalent units using the weighted-average method.
Equivalent units = Number of units completed and transferred out + Additional units in process ×Percentagecompleted
=145,000+(40,000×100%)
=185,000
Answer: affect aggregate demand directly.
Explanation:
Monetarists believe that money supply is very important in determining the economic growth of an economy and this is why they advocate for monetary authorities to get involved in the monetary system in order to guide the growth of the economy.
To monetarists, the supply of money influences consumption as well as investment and so directly affects aggregate demand because both consumption and investment are components of aggregate demand. For instance, an increase in money supply increases both consumption and investment and so increases aggregate demand.
an economy produces 2,400 units of output, employing 60 units of input, and the price of the input is $30 per unit. the level of productivity in this economy is 40
<h3>
What is productivity?</h3>
- It is possible to study patterns in salary growth, wage levels, and technical advancement by further segmenting labor productivity.
- Productivity increase is directly related to corporate earnings and shareholder returns.
- Productivity is a measure of a company's production process efficiency at the corporate level.
- It is calculated by comparing the number of units produced to employee labor hours or by comparing the company's net sales to employee labor hours.
- Productivity is calculated as a company's output divided by the units utilized to produce that output.
- In the workplace, productivity simply refers to how much "work" is completed in a given amount of time.
To learn more about productivity with the given link
brainly.com/question/23987161
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The best answer for this question would be A. :)
