Answer: B. an output of the product that is less than the amount consistent with ideal economic efficiency
Explanation: Economic efficiency is the state in which all available resources are optimally allocated to serve each individual or entity in the best way while reducing to the minimum, waste and inefficiency. In reality, economic efficiency has shown that nothing can be improved without something else being hurt.
When competitive forces are weak, it leads to decrease in output as economic efficiency is only maximized when price is equal to marginal revenue because at this point both profit and efficiency are maximized.
Answer:
Correct answer is food crops.
Explanation:
As we can see from the map most states in the Northeastern part focused their development on the food crops.
Cash crops were dominant in the Southeastern part, while in the Middle states we have mixture of food and cash crops.
Bill of rights? Or it could be Massachusetts Constitution of 1780
It has been documented that just about all these revelations are actually correct, add to the fact that just about anyone can evade taxes by putting money in overseas bank accounts. It should not be a surprise that the corporate elite of the world we live in would go to just about any lengths in order to safeguard their monetary funds