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Zanzabum
3 years ago
8

Allocative efficiency occurs only at that output where

Business
1 answer:
goblinko [34]3 years ago
7 0

Answer: Allocative efficiency occurs in the market.

Explanation:

Allocative efficiency is a concept that measures the success of a market mechanism for supplying consumers with the goods needed in the desired quantities and quality. Ability implies that there is no way to change production and consumption to maximize one person's benefit, thereby diminishing the other person's utility. Efficiency is a condition in which the maximum amount of goods and service is extracted from the available resources.

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Gretchen offers $100 to anyone who can return her lost dog, Sparky. Haley returns the dog and requests the money. Gretchen says
Paraphin [41]

Answer:

A. Gretchen is incorrect because there is a binding bilateral contract.

Explanation:

Mainly there are two types of contract i.e unilateral contract and the bilateral contract.

The unilateral contract is the contract when the offer is made to the anyone

while the bilateral contract is the agreement in which the both parties are agreed and bind to perform his/ her obligations.

In the given case, it reflects the bilateral contract as the Haley returns the dog and he requested for the money from the Gretchen

3 0
4 years ago
Swiss Miss instant hot chocolate uses images of Winter Olympic athletic events with athletes and fans warming up to a mug of the
dexar [7]

Answer:

The answer is: ambush marketing

Explanation:

Ambush marketing is a strategy that benefits from events or competitions that already have their own official sponsors. It's a "cheap" way of associating a brand with a big world class event on a relatively small budget. This happens a lot on international sports, specially by placing logos on the athletes' uniforms.  

4 0
3 years ago
Will give brainliest
erica [24]

Explanation:

To describe about the types of discount, let us understand the purpose of discount.

Discount can occur in any "distribution channel". This can,

  • To attract, retain and get customers
  • short term sales
  • to move-out-of-stock etc.

Types of discounts:

You can call in simple,

1. Trade discount   2. Quantity discount   3. Cash discount

I am giving you detail discounts down.

  • Dealing with trade
  • Discount card
  • Coupons
  • Dealing with quantity
  • Trade-in credit
  • Rebate
5 0
3 years ago
During the​ year, EcoWash Corporation has $ 310 comma 000 in​ revenues, $ 95 comma 000 in​ expenses, and $ 6 comma 000 in divide
fiasKO [112]

Answer:

$215,000

Explanation:

Given that,

EcoWash Corporation has:

Revenues = $310,000

Expenses = $95,000

dividend declarations and payments = $6,000

Hence, the net income is determined by subtracting expenses from the revenues.

Net income:

= Revenues - Expenses

= $310,000 - $95,000

= $215,000

Therefore, the EcoWash Corporation has a net income of $215,000 for the year.

8 0
3 years ago
Samantha's rating in a job interview is high in contrast to the candidate who was interviewed directly before her, who was rated
nordsb [41]

Answer:

C. Contrast effect

Explanation:

In the statement we can see that Samantha and the other candidate were interviewed back to back therefore they found Samantha being the normal candidate on how an interview should run compared to the previous candidate therefore Samantha's interview is high in contrast as we know that contrast effect deals with the perception of people on value of objects or people in this case Samantha and the previous person being interviewed to check the differences and value they can bring to a company in comparison  with the normal attributes that are needed in an individual for the job by using key responsibilities and skill in the job description and post for the Vacancy before they applied. So Samantha's key qualities are very different from the previous person being interviewed.

4 0
3 years ago
Read 2 more answers
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