Answer:
The correct answer is option B.
Explanation:
The main difference between technological efficiency and economic efficiency is that technological efficiency is concerned with the quantity of outputs used while economic efficiency is concerned with the value of inputs used.
Technological efficiency implies that a firm is producing a level of input using the least possible quantity of inputs. Economic efficiency occurs when a firm is able to produce a level of output at the least possible cost.
Technological efficiency does not require economic efficiency but economic efficiency require technological efficiency.
A measure of social class that is based on income, wealth, prestige and power is called socioeconomic status.
What is Socioeconomic Status?
A person's socioeconomic status is a combined economic and sociological assessment of their level of education, employment history, access to resources, and standing in society.
Therefore,
A measure of social class that is based on income, wealth, prestige and power is called socioeconomic status.
To learn more about socioeconomic status from the given link:
brainly.com/question/8625928
Answer:
Freight-absorption
Explanation:
Based on the information provided within the question it can be said that the Texas Granite Company in Dallas should use Freight-absorption pricing in this situation. This is a pricing strategy in which the seller takes responsibility for all the freight charges that the company incurs in order to attract the amount of business that they hope to achieve. Since company's that are looking to buy see 0 freight charges it becomes a deal since they are saving money as opposed to buying from another company that charges the freight charges to the buyer.
Answer:
The correct answer is Future value with compound interest and $478.25.
Explanation:
According to the the scenario, the given data are as follows:
Present value (PV) = $400
Rate of interest = 6%
Rate of interest ( compounded quarterly) (rate) = 1.5%
Time period = 3 years
Time period ( compounded quarterly) ( Nper) = 12
So, we have to calculate Future value with compound interest because it is asking for a amount after 3 year.
So, we can calculate the future value by using financial calculator.
The attachment is attached below.
So, FV = $478.25
