Answer:
A. elective surgery due to its lower marginal utility per dollar of expenditure.
Explanation:
As there is non essential elective surgeries, as from government's point of view since it is non essential that is not required and not utilized by major citizens of the country, and since there is requirement of budget cut-down. The government shall remove elective surgery.
as the amount of expenditure involved in these surgeries is also high and the resulting utility for each surgery is really low, it shall be removed.
Answer:
The correct answer is allocative efficiency.
Explanation:
A production possibility curve shows different bundles that can be produced using the given resources. A budget constraint shows the different bundles of two goods that a consumer can purchase using his limited income.
All the points on the production possibilities curve or budget constraint show all the bundles that are attainable and productively efficient.
Allocative efficiency represents the level of output where the marginal benefit earned from the last unit is equal to the marginal cost incurred.
The society as whole or a rational consumer will choose the point where it has allocative efficiency, or in other words, where the marginal benefit is equal to marginal cost.
Answer: Cold joints
Explanation:
Continuous casting which involves the Continuous pouring of wet concrete into a mould is done to avoid the formation of Cold joints which can lead to cracks and weakness in the mould.
A cold joint is a defect in a concrete casting caused as a result of a delay in pouring wet concrete into a mould previously containing wet concrete. A cold joint is normally a point of weakness or crack in a concrete casting.
Veichle is in operating condition
The thing that Eldrick bought is called: Tax certificate
A tax certificate is a document that given to purchasers whenever they're biying an fixed asset (such as building , land, or other type of property).
The purchaser will obtain the right of the taxation account for the specific property and the tpayment will be transferred to the purchaser in the future