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balandron [24]
3 years ago
5

What two conditions must hold for a competitive market to produce efficient outcomes?

Business
1 answer:
nexus9112 [7]3 years ago
4 0
Those are supply curves and demand curves. Supply curves have to meet the production requirements, while demand curves have to meet the consumer's willingness to pay.
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Andy, a junior in high school, is considering his options for employment following graduation. His uncle, a master electrician,
mojhsa [17]

Answer:

Andy should look and identify his field of interest before choosing a specific career path. If she has none of preferences for his career choice then se can look for other factors to select specific career path.

Explanation:

Andy's grandfather has spend his life in building trades and he is a successful person. He thinks Andy should choose same career path as he did and he can be successful too but this is not the case. The thing can be different in this era, the preferences and nature of Andy might be different from his grand father. There are many others factors which also need to be considered as the job security, learning potential in the field, progress in career, wages and pay rise, working environment and others.

3 0
3 years ago
An idea from monetarism that has been absorbed into mainstream macroeconomics would be the Multiple Choice effects of aggregate
vladimir1956 [14]

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Explanation:

5 0
2 years ago
in your own opinion, how importance having a security tools, privacy, social networking, employment contacts in hotel and why?​
Nadya [2.5K]

Answer:

It's important

Explanation:

Because maybe when you stay in hotel and then you have your things then you actually die in accident in the hotel then if someone or forensics or policemen/policewoman want your details she/he will check your room gotel

6 0
3 years ago
Oriole Company sells three different categories of tools (small, medium and large). The cost and market value of its inventory o
Vladimir79 [104]

Answer:

$440,140

Explanation:

According to the accounting principle, the inventory should be valued at lower of cost or market value. The calculation is shown below:

                      Cost                   Market             Lower value

Small             $68,650           $56,490              $56,490

Medium        $283,710          $237,140              $237,140

Large            $146,510          $177,300               $146,510

Total                                                                    $440,140

Hence, the ending inventory would be valued at $440,140

5 0
3 years ago
What is the difference of communism and socialism?<br><br>​
quester [9]
Communism there is No private ownership,central government,No class Distinction, Production for basic needs.


For socialism there is limited Private owner ship, government and private entities,Limited class distinctions and production for societal needs .
4 0
2 years ago
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