1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
Sarah, the controller of a large beverage supplier, supervises two employees. Her boss, Vladimir, instructs her to increase the
Verizon [17]

Answer: Sarah failed to evaluate a potential ethical issue.

Explanation:

From the question, we are informed that Sarah who is the controller of a large beverage supplier, supervises two employees and that her boss, Vladimir, told her to increase the company's inventory balance for an amount that is material to the financial statements by crediting several small "miscellaneous" expense accounts.

We are further told that Sarah does not know the reason behind this but told one of her staff to make them because she has been instructed to do so.

We can see that Sarah failed to evaluate a potential ethical issue. She didn't evaluate the effect of what she is doing. In this case, what her boss told her to do could be a case of fraud and she just obliged without asking questions which will put her conscience at ease in case anything happens but the fact that she just did it without asking questions or thinking if what she has done is morally right or wrong, it shows that Sarah failed to evaluate a potential ethical issue.

4 0
2 years ago
A car dealership spends $140,000 on cars to stock their lot. After a day of sales, they earn a total revenue of $300,000. What i
r-ruslan [8.4K]

Answer:

$160,000

Explanation:

Calculation of the car dealership's profit

Using this formula

Profit= Total revenue- Amount Spend

Where,

Total revenue=$300,000

Amount Spend=$140,000

Let plug in the formula

Profit =300,000-140,000

Profit =160,000

Therefore the car dealership's profit will be $160,000

5 0
3 years ago
Which of the following is a source that businesses use to develop standards:
ira [324]

Answer:

Suppliers

Explanation:

Suppliers are the main factor to achieve quality standards and to develop standards which lead to competitive advantage in the market. Business use suppliers to develop standards by hiring the best suppliers who give quality input or raw material. It’s all about making sure that your supplier is meeting the required standards and making sure they company with all the relevant laws.

4 0
3 years ago
Ben is saving 1/5 of his weekly pay to buy a car Write and solve an equation to find what weekly pay w results in savings of $61
creativ13 [48]

Answer: X=$307.50

Given:

Ben’s savings weekly = $61.50

It is 1/5 or 20% of his weekly savings

To find Ben’s weekly pay in $

Let X= Ben’s weekly pay in $

To solve, we use the equation

1/5X=61.50

.20X=61.50

X=61.50/.20

X=$307.50


8 0
3 years ago
Where can you access the sample company - Long For Successful Events?
guajiro [1.7K]

The place where you can access the sample company - Long For Successful Events is through the "icon."

In QuickBooks Online Advanced application.

  • Go to the Settings menu:
  • Then click on the Icon tab.
  • Then follow up by selecting the Sample company.

QuickBooks Online is used for many financial activities of a company, such as managing income and expenses, keeping a record of the finances of business activities.

Hence, in this case, it is concluded that the correct answer is through the company <u>icon</u> in the QuickBooks Online settings.

Learn more here: brainly.com/question/20376246

6 0
2 years ago
Other questions:
  • Cameron industries is purchasing a new chemical vapor depositor in order to make silicon chips. it will cost $ 4 million$4 milli
    13·1 answer
  • For each of the following pairs, predict whether the cross-price elasticity of demand will be positive or negative:
    13·1 answer
  • What does "embedding a video" mean?
    8·2 answers
  • Problem 3.10 Net Present Value. Assume that your firm wants to choose between two project options: Project A: $500,000 invested
    5·1 answer
  • If the MPC is 0.8 and a component of AD, such as Investment, is increased by $5, then the maximum amount of change in income and
    8·1 answer
  • Evaluate<br>2a + 4b<br>or a = -2 and b = 3​
    15·2 answers
  • A substitute is standing at the halfway line waiting to enter the match at the next stoppage of play. the ball has gone over the
    8·1 answer
  • QUIZLET Brenda buys a ticket for a Sharks game for $60. The night before the game her friend offers her a free ticket to a Warri
    14·1 answer
  • The time for one rotation of the Moon is 27.3 days. What is the time revolution for the Moon?
    5·2 answers
  • Suppose Susie can own 100 turkeys or 5 peacocks. What is the opportunity cost of owning one peacock?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!