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dezoksy [38]
2 years ago
14

Allocative efficiency is concerned with:

Business
1 answer:
schepotkina [342]2 years ago
8 0

Answer:

The correct answer is option a.

Explanation:

Allocative efficiency means that all the available resources are used to produce that provides maximum utility for the society or which is most desired by society.

The points on the production possibility frontier show efficiency. The process of efficiently allocating resources involves determining the combination of outputs that will provide maximum satisfaction or utility to the society and is actually attainable.

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Ethically probably harder,
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Mauve starts a business that specializes in procuring and selling antique items. Her business caters specifically to individuals
stepan [7]

Answer:

The opportunity of exploiting market niches is highlighted in the given scenario.

Explanation:

A market niche is "a small but profitable segment of a market suitable for focused attention by a marketer. Market niches do not exist by themselves, but are created by identifying needs or wants that are not being addressed by competitors, and by offering products that satisfy them. See also market segmentation. "

Reference: WebFinance Inc. “What Is Market Niche? Definition and Meaning.” BusinessDictionary.com, 2019

6 0
3 years ago
Michael mixed three colors of paint and came up with black. this is an example of
rosijanka [135]

<span>Michael mixed three colors of paint and came up with black. this is an example of subtractive color mixing. When you mix together subtractive colors eventually the light is subtracted from them giving off a black color tone. These colors change with the light but can cancel each other out easily. </span>

5 0
3 years ago
_________ typically involves researching a specific market to determine its size, trends and potential.
liberstina [14]

Answer:

correct fill up is marketing research

Explanation:

solution

marketing research is typically involves researching  because marketing research basic reason is for carrying out research to findout  change in  consumer behavior due to change in element of the marketing mix

like product , prize , size, tread and potential etc

and it involves 2 types of data

  1. Primary information
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Market research always provide relevant data to help you for solve marketing challenges

so here correct fillup is marketing research

5 0
3 years ago
Bill Mason is considering two job offers. Job 1 pays a salary of $40,100 with $6,778 of nontaxable employee benefits. Job 2 pays
olga2289 [7]

Answer:

2

Explanation:

7 0
3 years ago
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