The question that cannot be answered based on the information in the delivery truck data base is 2) What is the average number of customer deliveries made by each truck on a particular day?
<h3>Why can this question not be answered?</h3>
In order to answer this question, the number of customers that each truck delivered to during the day needs to be recorded.
The total number of deliveries will then be added up and divided by the number of trucks making deliveries.
The information on the number of deliveries made is not in the database so this question cannot be answered.
In conclusion, option 2 is correct.
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It would actually be an increased production by the business.
Haha, I had to think for a tiny bit and re-check my answer to make sure it was right before giving it. Would hate to see you get it wrong.
Answer:
The answer is: B) The reduction in economic surplus resulting from a market not being in competitive equilibrium.
Explanation:
Deadweight loss is an economic cost to society as a whole when market inefficiencies occur preventing it from reaching its equilibrium point. Market inefficiencies are caused by incorrect allocation of resources.
For example if a price ceiling is established, suppliers will tend to lower the quantity supplied while the quantity demanded either increases or stays the same. That economic deficiency resulting from an unsatisfied demand is what we call deadweight loss.
Other causes for deadweight loss are price floors (reduction of the quantity demanded) and taxation (shifts on the demand or supply curves).
Answer:
Expectancy Theory
Explanation:
The expectancy theory basically talks about how individuals will behave or react in a certain way because they are motivated and as a result choose to act in accordance or react to specific situations due to what they expect the results to be.
Answer: https://www.igcsebusiness.co.uk/uploads/2/6/7/8/26787454/organisation_notes_final.pdf
Explanation: