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:
A. The North did not allow slavery, while the South depended
on it.
Explanation:
The South always needed slavery for its plantations to get money while the North always didn't like slavery because they were mainly based on service and manufacturing industries.
The purpose of the adrenoline hormone is to prepare our bodies for a fight or flight reaction when confronted with a stressful situation. True
Answer:
Explanation:
They were the responsibility of their families.
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