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Sati [7]
3 years ago
13

Economic efficiency is

Business
1 answer:
Gnoma [55]3 years ago
6 0

Answer: Option (A) is correct.

Explanation:

In a competitive market, when the demand curve i.e. the marginal benefit curve is exactly equal to the supply curve i.e. marginal cost curve and at this point the sum of consumer and producer surplus is maximized then an equilibrium is set in an economy and economic efficiency is obtained.

Inefficiency occurs at a point where there is a disequilibrium in an economy which means that competitive equilibrium is not achieved by the economy.

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Jill filed her taxes and found out that she owes an additional $1,500.
ICE Princess25 [194]

Answer:

Take out a loan from a bank don't borrow from family it could ruin your relationship with them

Explanation:

If you take a loan you might have to pay interest depends on the bank and the time you take to pay it back.

If you take a loan from a family member it depends on their financial situation if they have loads of money they might be patient but if they have not lots of money but still some money they might be annoyed on how long you take so my conclusion is take money from the bank.  

4 0
3 years ago
You would like to establish a trust fund that will provide $50,000 a year forever for your heirs. The trust fund is going to be
Finger [1]

Answer:

$1,818,181.81

Explanation:

Data provided:

Amount that will be provided a year = $50,000

Expected rate of return = 2.75%

Now,

The Present value of perpetuity is given as:

Present value of perpetuity = \frac{\textup{Annual return}}{\textup{Expected rate of return}}

on substituting the respective values, we get

Present value of perpetuity = \frac{\textup{50,000}}{\textup{0.0275}}

or

Present value of perpetuity = $1,818,181.81

Hence,

The amount that must be deposited today to fund this gift is $1,818,181.81

5 0
3 years ago
What is the difference between ancient trade and modern trade ​
alexira [117]

Answer:

The main difference between traditional trade and modern trade is that, distribution in modern trade is more organized. Retailers often deal directly with manufacturers. Many large retail chains have integrated their services to offer their own brands in groceries and other goods.

Explanation:

6 0
3 years ago
The Bay Fig Corporation has $350,000 of taxable income from operations for the current year, and dividends of $50,000 received f
Natali5045456 [20]

Answer: $25,000

Explanation:

When a company owns less than 20% of another company and receives dividends from that company, they are allowed to deduct 50% of that dividend for tax purposes.

Bay Fig owns 10%(less than 20%) of the domestic corporations so qualifies for the 50% reduction:

= Dividends * 50%

= 50,000 * 50%

= $25,000

3 0
3 years ago
An accountant of wallie's the pizza franchise claims that its stores generate average weekly revenues of at least $7,000 per sto
Lesechka [4]

The calculated value of the Z statistic to test the potential buyer's belief at the 1% significant level is -2.57512627.

The calculated Z score is slightly greater than the critical value of -2.575, the potential buyer's view that weekly store revenues are less than $7,000 stands vindicated.

Since store revenues are assumed to be normally distributed and population standard deviation is given, we can use the Z-test. The relevant test statistic is the Z-score.

We use the following formula for calculating the Z score:

Z = (X - μ) / (σ /√n)

Substituting the relevant values we get,

Z = (6400 -7000) / (1042/√20)

Z = -600 / 232.9982833

Z = -2.57512627

7 0
3 years ago
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