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KATRIN_1 [288]
4 years ago
11

Economic efficiency in a free market occurs when

Business
1 answer:
Diano4ka-milaya [45]4 years ago
6 0

Answer: Economic efficiency in a free market occurs when C) the sum of consumer surplus and producer surplus is maximized.

Explanation: Economic efficiency happens when resources are distributed in a way that allows for the least amount of waste so that there is little inefficiency. When all items are maximized, there is little waste happening and therefor the economic has achieved economic efficiency.

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On July 22, Peter sold $23,500 of inventory items on credit with the terms 2/15, net 30. Payment on $15,000 sales was received o
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Answer:

Entries that were made on August 1 to record the cash received is :

a. Cash..........14,700

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3 years ago
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Answer:

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3 years ago
All the airlines that fly to the island country of Klerwada distribute tourist information pamphlets in their flights. These pam
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Place Marketing

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