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sdas [7]
3 years ago
10

Economic efficiency is defined as a market outcome in which the marginal benefit to consumers of the last unit produced is equal

to the marginal cost of​ production. True or False
Business
1 answer:
nataly862011 [7]3 years ago
7 0

Answer: true

Explanation:

Economic efficiency implies an economic state in which every resource is optimally allocated to serve each individual in the best way while minimizing waste and inefficiency.

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What agency provides a tax clearance receipt in the sale of a business?
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It is the role of <span>Board of Equalization to provide tax clearance receipt a business sale. This agency is mainly responsible for the administration of tax and collection of fees. This agency will be the one to decide on how they will calculate the tax. </span>
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Customers who actively trade their listed stock portfolios should have a strong understanding of:________.
Papessa [141]

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Timing Risk

Explanation:

Timing risk is a type of investment risks that a trade will not be performed at the best market price.

5 0
3 years ago
Under which type of policy does the government reduce its expenditures and increase tax rates? A. contractionary monetary policy
zloy xaker [14]

Answer:

B. contractionary fiscal policy

Explanation:

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4 0
2 years ago
This test that albert chong and his colleagues carried out was most relevant for evaluating the
vladimir2022 [97]

This test that Albert Chong and his colleagues carried out was most relevant for evaluating the allocative efficiency of these postal services because the test was designed to measure how often and how quickly the letters sent were returned to sender.

8 0
2 years ago
1. David has a monthly net income of $1,360. His fixed monthly expenses consist of a rent
zalisa [80]

Answer:

The largest monthly payment he can afford for the T.V set in order to be kept within a safe load of 20% is $156

Explanation:

Before we calculate, let us extract the key information from this question:-

*** David's monthly net income is $1,360

*** David pays a monthly rent of $450

*** He is paying off a student loan which costs him $116 per month.

*** He intends purchasing a new T.v set

*** We are simply required to determine the largest monthly payment that David can afford for the T.v set in order for him to be kept within a safe load of 20%.

In order to calculate the largest monthly payment that he can afford for the T.v set so as to be kept within a safe load of 20%, we will need to determine the actual amount that is twenty percent of his net income. If his net income is $1,360 then twenty percent of it is:

20/100 × 1360

= 27200/100

= $272

All we need to do now to find the largest monthly payment he can afford for the TV set is to subtract the student loan that he is paying off monthly ($116) from twenty percent of his net income ($272). That is:-

$272 - $116 = $156

Therefore the largest monthly payment that David can afford for the television set in order for his credit card payments and student loan to keep him within a safe debt load of 20% is $156.

6 0
3 years ago
Read 2 more answers
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