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mamaluj [8]
3 years ago
12

Why is efficiency an important economic goal?

Business
1 answer:
Nookie1986 [14]3 years ago
3 0

Explanation:

Efficiency reduces hunger and malnutrition because goods are transported farther and quicker. Also, advances in efficiency allow greater productivity in a shorter amount of time. Efficiency is an important attribute because all inputs are scarce.

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Everything Looks Like a Nail, Inc. is a manufacturing company that produces hammers. The company faces a number of different fix
nikitadnepr [17]

Answer:

a. Regulatory compliance costs  - Fixed cost

b. Salaries of top management and key personnel - Fixed cost

c. Cost of metal used in manufacturing  - Variable cost

d. Cost of wood used in manufacturing  - Variable cost

e. Mortgage payments  - Fixed cost

f. Industrial equipment costs  - Fixed cost

g. Interest on debt  - Fixed cost

h. Postage and packaging costs - Variable cost

Explanation:

The cost which is affected by the production of units is known as variable cost. The cost which does not vary with the units produced is fixed cost. Fixed cost does not change from period to period irrespective of level of output and is usually same for a certain period. It is easy to budget for fixed costs instead of variable cost. Variable cost changes every period and is based on company's output.

6 0
3 years ago
Read 2 more answers
People who invest in a corporation by purchasing stock are known as ______________.
Vilka [71]

Answer:

they are known as shareholders

7 0
3 years ago
The u. s. federal agency responsible for governing securities exchanges, protecting investors, and establishing regulations that
7nadin3 [17]

The Securities and Exchange Commission (SEC) is a U.S. government oversight agency responsible for regulating the securities markets and protecting investors.

The SEC protects buyers by enforcing our state's securities laws, taking movement against wrongdoers, and overseeing our securities markets and companies to make certain that investors are dealt with fairly and in reality.

The Securities and exchange commission (SEC) is the U.S. government organization in fee of the state's securities enterprise. It monitors transactions, as well as the sports of monetary specialists.

The SEC is an impartial federal business enterprise, installed pursuant to the Securities change Act of 1934, headed via a five-member commission. The Commissioners are appointed by the President and showed by way of the Senate.

Learn more about government here: brainly.com/question/1078669

#SPJ4

6 0
2 years ago
Madison Corporation purchases an investment in Lake Geneva, Inc. at a purchase price of $10 million cash, representing 40% of th
tester [92]

Answer:

$ 10512000

Explanation:

The market value of Madison investment which is the aggregate value of the company's investment =$ 12 million

The book value = assets - liabilities = (1700000 - 419000) ×0.4 = $ 51240

The year-end balance = $ 51240 + $ 10 million = $ 10512000 approx

4 0
4 years ago
If consumer wealth decreases as the stock market plunges, then (3 points) there is a movement down the AD curve as price level d
tekilochka [14]

Answer:

AD shifts left and price level would decrease.

Explanation:

If consumer wealth decreases due to a plunge in the stock market, the AD curve will shift to the left. This is because shifts to the left of the AD curve represent a reduction in demand, and if consumers are poorer, they will naturally decrease their demand.

This will in turn reduce the price level, because in a market system, prices will fall until they meet the new, lower demand, meaning that a new equilibrium price is reached.

3 0
3 years ago
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