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max2010maxim [7]
3 years ago
15

When goods are produced at the lowest possible cost, an economy is said to have achieved:?

Business
1 answer:
kondor19780726 [428]3 years ago
4 0
When goods are produced at the lowest possible cost an economy is said to have achieved?
Answer: production efficiency
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Your investment has a 20% chance of earning a 30% rate of return, a 50% chance of earning a 10% rate of return, and a 30% chance
stellarik [79]

Answer:

9.2%

Explanation:

expected return of the investment = potential return x chance of each return happening

Expected return of the investment:

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