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3 years ago

An economy is productive efficient if it produces:__________

Business

2 answers:

il63 [147K]3 years ago

6 0

Answer:

A. maximum output with given resources and technology

Explanation:

Productive efficiency is a situation in which a firm/company cannot produce more of a good without reducing the production of another goods.

It can simply be said to be the reduction in the production of one goods for another.

From the above question, productive efficiency involves the maximum production or goods with the given resources and technology. This means that for a product to have maximum production, it must have another product's production reduced thus giving it the maximum output status.

Cheers.

liberstina [14]3 years ago

6 0

Answer:

a) maximum output with given resources and technology.

Explanation:

An economy is productive efficient if it produces the maximum amount of goods and services using available resources and technology.

I hope my answer helps you

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Dozier Company produced and sold 1,000 units during its first month of operations. It reported the following costs and expenses

Airida [17]

Answer:

Explanation:

Hi, I have attached the full question as images below

Total Product Cost = ($70,000 + $35,500 + $43,700) ÷ 1,000 = $149.20

Total Period Cost = $30,600 + $29,300 = $59,900

Total Direct Manufacturing Cost = $70,000 + $35,500 + $15,400 = $120,900

Total Indirect Manufacturing Cost = $28,300

Total Manufacturing Cost = $70,000 + $35,500 + $43,700 = $149,200

Total Non Manufacturing Cost = $30,600 + $29,300 = $59,900

Total Conversion Cost = $35,500 + $43,700 = $79,200

Total Prime Cost = $70,000 + $35,500 = $105,500

Total Variable Manufacturing Cost = $70,000 + $35,500 + $15,400 = $120,000

Total Fixed Costs = $25,200 + $18,400 + $28,300 = $71,900

Variable Cost per unit = ($70,000 + $35,500 + $15,400 + $12,200 + $4,100) ÷ 1000 = $137.20

Incremental manufacturing cost = ($70,000 + $35,500 + $15,400) ÷ 1,000 = $120.90

5 0

3 years ago

Some colleges charge all students the same “activity fee.” Suppose that students differ by how many campus activities they engag

MAXImum [283]

Answer: (d.) A lump-sum tax which violates the benefits principle.

Explanation:

Here the tax is an amount, i.e. it is lump-sum and it violates benefit principle because they are not taxed according to their willingness to pay.

Also a same fee is charged from all the students irrespective of their level of activity, i.e. a lump sum tax.

Therefore it is violating the benefits principle because the fee is independent of the campus activities. A student might be receiving greater benefits than the other in terms of higher campus activities but is paying the same fee.

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3 years ago

________ is the practice wherein an organization gives another organization the right to use its brand name, technology, or prod

Sliva [168]

Answer: Licensing

Explanation:

A licensing is the term which is used to the refers to the official permission that should be taken from the other organization for manufacturing their products and the services.

The main purpose of the licensing is that the organization can easily run their business by accomplish the the licensing practices which include the qualification, training and the professional experience.

According to the given question, the licensing is one of the practices that one company gives permit or rights to the another company for using their technology and the brand name.

Therefore, Licensing is the correct answer.

6 0

4 years ago

What is the main advantage of an electronic database

SOVA2 [1]

Advantages of EDP. Electronic Data Processing (EDP) is the digital management of databases, typically stored on a shared server and allow simultaneous access to all parties. There are several distinct advantages to employing EDP: Speed

6 0

4 years ago

According the kinked demand curve model:

prohojiy [21]

Answer:

C. a change in marginal cost causes the profit-maximizing level of output to change by the same amount and in the same direction

Explanation:

Kinked demand curve consider that the business may face a double demand curve based on the likely response of other firms to change in the price of product.

it assumes that the change in variable cost may not cause to rise or fall in the profit maximising price in the market.

Due to change in cost the equilibrium price and output of product remains constant

3 0

3 years ago