Answer:
D. Allocative efficiency occurs when production is in accordance with consumer preferences.
Explanation:
Allocative efficiency occurs where price equals marginal cost. Price equals the amount consumers willingly pay for a product, so allocative efficiency occurs where marginal utility = marginal cost
Answer:
<em>OPTION (b)</em>
Explanation:
As we know that Warren G. Harding denied the policy of laissez-faire, practiced on the time of 25th president of United States known as William McKinley. <em>Yes, it is very true</em><em> that Warren G. Harding motivated the government of United States consistently</em> to give assistance to the organizations and business parallel to the way to profit.
<em>So , we can say according to the above explanation that OPTION( b) is the correct option.</em>
Cash makes it easier to budget and stick to it. Its easier to track exactly how much money you are spending.
Professor Simmons will be discussing Convergence Theory. It states that all industrial systems, whether capitalist or communist, would converge in their social, political and economic systems because of the determinant effects of technological development.
Answer :
A blade ignition key to start the engine.
Remote keyless entry to lock or unlock the doors
