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ikadub [295]
3 years ago
14

Allocative efficiency means that ___________.

Business
1 answer:
frutty [35]3 years ago
6 0

Answer:

D. society’s scarce resources are used to produce products that align with consumer preferences

Explanation:

Allocation efficiency is a point in the economy when the goods and services being produced are exactly what the customers or people of the economy want  and this is a point of production when marginal social benefit of producing the good is equal to the producers marginal cost.

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Amherst City provides a defined benefit pension plan for employees of the city electric utility, an enterprise fund. Assume that
Sever21 [200]

Answer:

Dr Service cost 245,000

Cr Interest 166,400

Cr Cash 411,400

Dr Plan assets - pension 411,400

Cr Service cost 245,000

Cr Interest 166,400

Explanation:

Preparation of the journal entries to record annual pension expense for the enterprise fund of Amherst City

Since we are Assuming that the plan investments was $184,300 while the service cost component is the sum of $245,000, and interest on the pension liability is the sum of $166,400 for the year this means the Journal entries to record annual pension expense for the enterprise fund of Amherst City will be:

Dr Service cost 245,000

Cr Interest 166,400

Cr Cash 411,400

(245,000+166,400)

Dr Plan assets - pension 411,400

(245,000+166,400)

Cr Service cost 245,000

Cr Interest 166,400

4 0
3 years ago
Lee is the product manager for a software program sold by Company ABC. In evaluating the product, Lee determines that something
dezoksy [38]

Answer:

Explanation: The marketing mix consists of a number of factors that a producer usually exploits in order to influence consumers to purchase his/her products and services.

The marketing mix consists of:

- Product

- Price

- Place

- Promotion.

The above are usually called the 4Ps of marketing.

Of the four factors of the marketing mix, the factor that will the easiest for Lee to change will be the price.

This is because, often times, the price of a product or service will be the major determinant in the success of said commodity, and this is due to the fact that customers will compare the product being offered with its price in order to judge whether the product is worthy of the value placed on it.

Therefore, in order for Lee to influence the potential customers to make purchases, the price of the software program will be the easiest to be reviewed, and it should be set to a level where potential customers will be influenced to exchange their money for the software program.

8 0
3 years ago
A restaurant chain sponsors a charity that provides support to the parents of children being treated for cancer. How would the u
VARVARA [1.3K]

Answer:

b. The money spent is worth the boost it gives to corporate image.

Explanation:

A restaurants charity  can be known as the activities related to the corporate social responsibility. Here the activities can be considered over and above what the law related to the land has prescribed and normally it is motivated to represent the company really care for the society also not the profit is only the purpose and in return the society helps the company to increased the profits

Therefore the option b is correct

4 0
3 years ago
Organizations typically rely on __________ schedules, such as hourly wages and annual reviews and raises.
frutty [35]

Organizations typically rely on fixed interval and fixed ratio schedules, such as hourly wages and annual reviews and raises. A fixed interval schedule is when an employer gives an employee a raise or reward after a set amount of time has passed. A fixed ratio schedule is when there is a reinforcement after a certain number of responses has happened.

3 0
3 years ago
In considering ending her relationship with her husband, Marie considers how they might divide up their household goods, and how
iren [92.7K]

Answer:

D) investment

Explanation:

Marie has decided to end her relation with her husband and considering how she can divide the household goods, how the end of the relationship impacts her children. By considering all this point, Marie is thinking about the investment.

Interdependence theory state that interpersonal relationships depend upon interdependence.  it determine the how people interact each other and what will be the outcomes of their interaction.

6 0
3 years ago
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