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hodyreva [135]
3 years ago
11

China produces many products at the lowest cost possible, even though Chinese consumers do not desire many of these products (e.

g., football helmets). China is achieving: A) production efficiency only B) allocative efficiency only C) both production efficiency and allocative efficiency D) neither production efficiency nor allocative efficiency
Business
1 answer:
Setler79 [48]3 years ago
3 0

Answer:

Production efficiency.

Explanation:

It's production is efficient because produces products at a lower cost that the competition.

It's not allocative efficiency, because when this happens, production represents costumers preferences.

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money refunds

What is refunds?

Refunds are payments made back to the payer by the original payee. It may be brought on by returned merchandise, an excessive bill, or an excessive tax payment. These possibilities are listed below.

The most frequent way that refunds happen is when a buyer returns products to a vendor and gets a refund right away. Cash or a credit that may be used to buy other products from the seller may be given as a refund.

When the seller first overcharged the buyer, a refund might also be given. In this instance, the overage is reimbursed and the customer is still in possession of the original purchased goods.

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8 0
1 year ago
How do the elements of the marketing mix work together to help create a<br>marketing strategy?​
alex41 [277]

Answer:

The marketing mix refers to the actions a company takes to market its product(s) and/or service(s). Typically, it acts as a framework for breaking down the four key components of marketing — product, price, place, and promotion.

Explanation:

4 0
3 years ago
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pshichka [43]

Answer:

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7 0
3 years ago
Falcon Co. produces a single product. Its normal selling price is $26 per unit. The variable costs are $16 per unit. Fixed costs
xxTIMURxx [149]

Answer:

Effect on income= $10,290 increase

Explanation:

Giving the following information:

Falcon can handle the special order, and for this order, a variable selling cost of <u>$2 per unit would be eliminated.</u>

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<u></u>

<u>To calculate the effect on income, we need to use the following formula:</u>

Effect on income= Number of units sold*unitary contribution margin

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6 0
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Anna [14]

Answer:

1. not all people want to wear a mask when they walk into their store

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Explanation:

7 0
3 years ago
Read 2 more answers
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