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gladu [14]
3 years ago
5

Allocative efficiency occurs:

Business
1 answer:
jonny [76]3 years ago
5 0

Answer:

a. Anywhere inside or on the production possibilities frontier.

Explanation:

In an economy, the allocative efficiency may be defined as the economic state where the production of various goods or services is aligned with the preferences with the consumers.  

The allocative efficiency always materializes at the intersection of the supply curves and the demand curves.

On the \text{equilibrium point,} the price for a supply \text{exactly matches} with the demand for the product \text{for that supply} at that price, and thus all the products are sold.

It occurs anywhere on the production possibilities frontier or on the inside of the frontier.

Therefore, the correct option is (a).

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No close substitutes for the product exist and there is one seller.

Explanation:

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d. to make informed decisions about Banks and their financial condition.

Explanation:

Financial regulatory agencies are saddled with the responsibility of providing financial supervision and regulations to Banks and financial institutions. They also maintain integrity in the financial system inorder to boost the confidence of investors, creditors, depositors and the general public.

However, one of the major reasons why financial information is provided by the regulatory agencies to investor, creditors and depositors is to make informed decisions about Banks and their financial conditions.

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1. "The biggest thing when we talk about personal branding is that it’s a _________" a. Hard thing b. Waiting game c. Process d.
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Answer:

1- c. Process.

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Personal brand management corresponds to a continuous process of action and positioning, so that the target audience that you want to reach through your brand, can get to know you, including the values ​​and the solution of the problems and benefits you have to offer.

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Says that the quantity demanded of a good folls when the price of 1 point the good rises.
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B) The Law of Demand

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Should the prices of a product or service increase, its demand falls.

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Answer:

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Banks only loan out the portion of customer deposits that they did not leave with the Fed.

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