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3 years ago

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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A budget is used to do which of the following

Leya [2.2K]

Answer:

A budget is a financial plan used to estimate future income and expenses. The budgeting process may be carried out by individuals or by organizations. Budgets help an entity determine whether it can continue to operate with its projected income and expenses.

Explanation:

thank me later

6 0

3 years ago

Robert has a monthly income of $1,650.00. His monthly mortgage payment is $675.00. What percentage of his income does Robert spe

makkiz [27]

Answer:B.40.9%

Explanation:

If $675 spend on mortgage and his monthly income is $1650

So the percentage will be:

$675 / $1650 × 100

= 0.409 ×100

= 40.9%

6 0

3 years ago

Which of these terms is most closely related to tradeoffs?

ohaa [14]

Hello!

You forgot the alternatives!

incentives
margin 
markets 
scarcity

The term that is most closely related to trade-off, from the list above, is: scarcity. Scarcity is the condition that moves the trade-offs, it determines the quantity of each product you need or have. So, for example, if you need a product that you don't have enough and another that you have in excess, you can exchange it with someone that have interest in your product and has the one that you need.

Hugs!

7 0

3 years ago

Convers Corporation (calendar-year-end) acquired the following assets during the current tax year: (ignore §179 expense and bonu

marishachu [46]

Answer:

$42,853

Explanation:

The computation of the allowable MACRS depreciation on Convers’s property in the current year is shown below:

Assets Place in service Quarter Original Basis Rate Depreciation

Machinery

(7 years) Oct 25 4th $70,000 14.29% $10,003

Computer

Equipment

(5 years) Feb 03 1st $10,000 20% $2,000

Used delivery

truck

(5 years) Mar 17 1st $23,000 20% $4,600

Furniture

(7 years) Apr 22 2nd $150,000 14.29% $21,435

Qualified

improvement

(39 years) May 12 2nd $300,000 1.605% $4,815

Total $553,000 $42,853

Refer to the MACRS depreciation table

and we used the half year convention

5 0

3 years ago

Consider two cars manufactured by Chevrolet in 2014. During 2014, Chevrolet sells one of the two cars to Emily for $20,000. Late

Anna35 [415]

Answer:

The answer is: $39,000

Explanation:

The gross domestic products includes all the production of final and legal goods or services. These final products can be sold or held in inventory.

In this case, the GDP should include the $20,000 car sold to Emily and the $19,000 that correspond to the car held on finished inventory.

3 0

3 years ago