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dusya [7]
3 years ago
15

Deadweight loss occurs when

Business
1 answer:
dusya [7]3 years ago
3 0

Answer:

d) the maximum level of total welfare is not achieved.

Explanation:

When the economic efficiency bears a loss, it is termed to be a deadweight loss. This condition occurs in the situation when the free market equilibrium is not able to be achieved. It occurs in the economy when the supply and the demand for the goods and services start to fall from being in the state of equilibrium. The resources allocated experiences a deficiency, thereby causing a deadweight loss.

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Which of the following is a common role of government in a” market economy? a. Provide public goods b. Own the factors of produc
lozanna [386]
It is A. Provide public goods
Hope this helps!
4 0
3 years ago
If you're a manufacturer, and you want to showcase your product in a store that has a narrow but deep selection of merchandise a
damaskus [11]

Answer:

b. a specialty store.

Explanation:

A specialty store. -

It is a type of retail business , which focus on certain goods and services , is known as a speciality store .

These type of company are expert in making a certain goods or services .

For example ,

The store that are designed specifically for men clothing or women clothing  or specific for toys , cosmetics etc .

Hence , from the question , the correct term according to the given information of the question is a specialty store .

8 0
3 years ago
Werner installs custom sound systems in cars. If he installs seven systems per day, his total costs are $300. If he installs eig
sergiy2304 [10]

Answer:

$100

Explanation:

Total cost if he installs seven systems = $300

Total cost if he installs eight systems = $400

Therefore, the marginal cost of installing 8th system is the difference between the total cost of installing eight systems and the total cost of installing seven systems.

Marginal cost of installing 8th system:

= Total cost of installing 8 systems - Total cost of installing 7 systems

= $400 - $300

= $100

The profit maximization conditions says that the marginal cost must be equal to the marginal revenue.

Hence,

William will install eight systems per day only if the eight customer is willing to pay at least $100.

8 0
3 years ago
Brandon has presented the possible requirements for the next sprint. The development team has asked questions and has clarificat
Nezavi [6.7K]

Based on the information given the formal event in which this is dome is :Product backlog refinement.

<h3>What is product backlog refinement?</h3>

Product backlog refinement can be defined as the process in which the development team tend to understand a product as well as how the product should be prioritize.

Product backlog refinement is important as it help to increase efficiency when planning for the next sprint and it as well help the development team to have full understanding of what the outcome of the product will be.

Inconclusion  the formal event in which this is dome is :Product backlog refinement.

Learn more about Product backlog refinement here:brainly.com/question/4841869

3 0
2 years ago
If property rights are not well enforced, all of the following are likely to occur except;_________
aleksandrvk [35]

Answer:

If property rights are not well enforced, all of the following are likely to occur except;_________

A. a significant number of people will be willing to risk their funds by investing them in local businesses.

Explanation:

Other options are likely to occur, except option A.  Investors cannot risk their capital investing in the local economy.  This is the fate of an economy where property rights are not protected.  This also underlines the need for each government to ensure that property rights are recognized and legally protected.

8 0
3 years ago
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