1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
DENIUS [597]
3 years ago
6

Suppose you were assigned the task of choosing a price that maximized economic surplus. What price would you​ choose? ​ Why? A.

Choose a price of zero because that is where consumer surplus​ (the area under the demand curve and above the​ price) is maximized. B. Choose a price ceiling below the equilibrium so that consumers​ won't have to pay too much. C. Choose the price where the quantity demanded equals the quantity supplied because that is the equilibrium condition. D. Choose the price where the quantity supplied is maximized because that is where output is the greatest. E. Choose the highest price possible because that is where producer surplus​ (the area above the supply curve and below the​ price) is maximized.
Business
1 answer:
mote1985 [20]3 years ago
8 0

Answer:

C. Choose the price where the quantity demanded equals the quantity supplied because that is the equilibrium condition.

Explanation:

The equilibrium price is the most ideal because at this price the consume is willing to buy, if price goes above this the consumer may look for an alternative and this will further increase surplus.

Also when there is surplus the suppliers will find a way to sell competitively at the equilibrium price.

You might be interested in
Which of the following government actions would increase the supply of cars in the United States?a. the establishment of an exci
yaroslaw [1]
I think it would be the third option
5 0
3 years ago
. Specifically what recruiting sources would you use to attract participants to the Techtonic Academy, and apprenticeship progra
Sholpan [36]

The use of current employees as brand ambassadors can be the way that one would  use to attract participants to the Techtonic Academy, and apprenticeship programs.

<h3>What is meant by recruiting sources?</h3>

This is the term that is used to refer to the way that a business would be able to get other workers to be on board in that particular firm. One of the ways that this is done is through the use of the people that currently work in the given establishment.

Hence the The use of current employees as brand ambassadors can be the way that one would  use to attract participants to the Techtonic Academy, and apprenticeship programs.

Read more on recruitment here: brainly.com/question/1446509

#SPJ1

6 0
2 years ago
According to the objective theory of​ contracts, the intent to enter into an express or​ implied-in-fact contract is judged by t
Klio2033 [76]

Answer:

A

Explanation:

The reason is that it just makes the most sense. Therefor your answer is A) According to the objective theory of​ contracts, the intent to enter into an express or​ implied-in-fact contract is judged by the​ reasonable people standard

I really hope this answer helps you out! It makes my day helping people like you and giving back to the community that has helped me through school! If you could do me a favor, if this helped you and this is the very best answer and you understand that all of my answers are legit and top notch. Please mark as brainliest! Thanks and have a awesome day!

4 0
2 years ago
Read 2 more answers
Compared to traditional nonprofit startups, enterprising nonprofits are far less likely to survive in business after the first f
mash [69]

Compared to traditional nonprofit startups, enterprising nonprofits are far less likely to survive in business after the first five years: FALSE

<h3>Traditional nonprofit startups and enterprising nonprofits startups:</h3>
  • Enterprising Non-Profits, or enp, is a one-of-a-kind collaborative program that encourages and supports the establishment and growth of social enterprises as a means of building successful non-profit organizations and healthier communities.
  • A tax-exempt organization created for religious, charitable, literary, artistic, scientific, or educational objectives is known as a non-profit enterprise.
  • It is a corporation from which the shareholders or trustees do not profit financially.
  • Most organizations qualify for one of the three primary categories, which include public charities, private foundations, and private running foundations.
  • Unlike traditional nonprofit starts, enterprising nonprofits are considerably more likely to survive after the first five years.

As it is given in the description itself, unlike traditional nonprofit starts, enterprising nonprofits are considerably more likely to survive after the first five years.

Therefore, the statement "compared to traditional nonprofit startups, enterprising nonprofits are far less likely to survive in business after the first five years" is FALSE.

Know more about Enterprising Non-Profits here:

brainly.com/question/3843195

#SPJ4

Complete question:

Compared to traditional nonprofit startups, enterprising nonprofits are far less likely to survive in business after the first five years. TRUE or FALSE

6 0
1 year ago
What is the first step in setting up a budget? (1 point)
Bond [772]
Okay so, i don’t know, i’m so sorry.
6 0
3 years ago
Read 2 more answers
Other questions:
  • When there is a full forward cover with the spot rate equal to the forward rate all of the following are true​ EXCEPT: A. The cu
    15·1 answer
  • A company pays all selling expenses in the month incurred. Budget information includes: Administrative salaries: $50,000; Sales
    9·2 answers
  • __________ is the only formal method for ending a filibuster and requires the approval of __________ senators. cloture, fifty-on
    7·1 answer
  • Monique has a balance of $5440 on a credit card with an apr of 17.7%. paying off her balance in which of these lengths of time w
    7·2 answers
  • In 2018, Bratten Fitness Company made the following cash purchases:
    12·1 answer
  • When an organization comes to the realization that there are quality problems in products that are already in service, ethical a
    8·1 answer
  • A multi-domestic corporate-level strategy is one in which:
    14·1 answer
  • What does cc and bcc mean in business studies​
    9·1 answer
  • Select the correct answer.
    13·1 answer
  • On July 31, 2017, Crane Company had a cash balance per books of $6, 245.00. The statement from Dakota State Bank on that date sh
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!