Whenever there is maximization of total surplus that is been received by those that are part of society by market allocation of resources then there is market Efficiency.
- Economic efficiency can be regarded as economic state whereby there is allocation of resource to serve each individual or entity in way that everyone is satisfied while minimizing waste and inefficiency.
Therefore, When there is an economy efficiency, there would be maximization of total surplus.
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Answer:
True
Explanation:
Richard De George is known for his work in business ethics. He discussed the conditions to permit whistle-blowing.
According to De George, whistle-blowing is permitted as moral authority when these 3 conditions are met:
1) The harm that will be done by the product [or company action] to the public is severe and considerable.
2) The engineer has told their superiors about their concern
3) The engineer has not received a satisfactory answer from their supervisors and also from other superiors and he is left with no other alternatives.
According to De George, whistle-blowing is mandatory as moral duty when these 2 additional conditions are met:
4) The engineer must have documented evidence that would convince a reasonable observer that his or her view is correct
5) There must be strong evidence that making the information public will in fact prevent the threaten serious harm.
In season January through November.
Answer:
It will cost $17.60 in 25 years based on inflation
Explanation:
Answer:
stop using her credit card
Explanation:
Based on the information provided within the question it can be said that the first step that Olivia should take is to stop using her credit card. People have adopted a consumer culture, and that has skyrocketed since the invention of the credit card, as it makes it easy for individuals to impulse buy something even if they do not have the money for it. By switching from credit card to cash only it will allow you to not overspend and make hasty impulse buys, thus allowing you to save money and hopefully get out of credit card debt.
