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sdas [7]
4 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]4 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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The act that has its own definition and remedial steps for mistakenly created e-commerce contracts:
diamong [38]

Answer:

Electronic Signatures in Global and National Commerce Act (ESIGN)

Explanation:

The act with its definition and remedial steps for mistakenly created e-commerce contracts is" Electronic Signatures in Global and National Commerce Act (ESIGN)."

The United States Congress passed the Electronic Signatures in Global and National Commerce Act (ESIGN) in 2000. It has its definition by defining some keywords or phrases such as "Electronic," "Electronic Record," Electronic Signature," etc., under section 106 of the act.

It also states the remedial steps for mistakenly created e-commerce contracts under another section.

8 0
3 years ago
Which of the following is a business plan most similar to?
kotegsom [21]

A business plan is a summarized formal document which would help a business to operate. This includes information such as; projected profit and loss, projected cashflow forecast, marketing, production, finance and human resources plan, etc. This is a road map of a business to its destination. Mostly new entrepreneurs draw up a business plan so that they can refer to it if they forget anything. This document would help to support bank loan applications.

8 0
4 years ago
"at rogopt, a multinational e-commerce site, the human resources department sends out emails to all its branches whenever there
Nataly_w [17]
<span>At Rogopt, a multinational e-commerce site, the human resources department sends out emails to all its branches whenever there are any job openings in the company's headquarters. In this scenario, Rogopt is engaged in internal recruiting.

Internal recruiting is defined as filling/looking to fill job openings in the company with those already in working within the company. External recruitment refers to filling slots for the business with people who work outside of the company. </span>
6 0
3 years ago
At year-end, the perpetual inventory records of Anderson Co. indicate 60 units of a particular product in inventory, acquired at
omeli [17]

Answer:

A. Debiting Cost of Goods Sold $7,000

Explanation:

The LIFO is a method used to account value for inventory. Under the method, the last item of inventory purchased is the first one sold.

At year-end, the perpetual inventory records of Anderson Co. indicate 60 units of a particular product in inventory, but a physical inventory taken at year-end indicates only 50 units of this product actually are on hand. So 10 units of the product was shrinkage.

The company should debit Cost of Goods Sold to record this inventory shrinkage.

Anderson Co. use LIFO method, the amount shrinkage product:

10 x $700 = $7,000

6 0
3 years ago
Chaia makes slate table tops for a living. She is guaranteed a base pay of $300 per week, and also earns $75 per completed table
astra-53 [7]

Answer:

10 tabletops

Explanation:

Given that her basic weekly income is $300

Hence for her to meet are target of $1000 she has to work for the extra $700 since $300 is guaranteed

If one completed table top earn her $75

Hence she must complete 10 table tops to earn $750

Total earning = 750+300= $1050

3 0
3 years ago
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