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Lapatulllka [165]
3 years ago
11

when a market allocation of resources maximizes the total surplus received by all members of society we say there is

Business
1 answer:
crimeas [40]3 years ago
8 0

Whenever there is maximization of total surplus that is been received by those that are part of society by market allocation of resources then there is market Efficiency.

  • Economic efficiency can be regarded as economic state whereby there is allocation of resource to serve each individual or entity in way that everyone is satisfied while minimizing waste and inefficiency.

Therefore, When there is  an economy efficiency,  there would be maximization of total surplus.

Learn more at:brainly.com/question/15520856?referrer=searchResults

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George, the CEO of an electronics company, wants to invest in an experimental technology that could provide the company with a h
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Option B

George face in the given scenario is a  perceptual barrier

<h3><u>Explanation:</u></h3>

Perceptual barriers are the subconscious barriers that we build because of the thoughts that we hold of specific people, circumstances or situations throughout us.  Perceptual barriers to communication are likewise challenging to understand and decode correctly because they take spot mentally.

The difficulty in communicating with others transpires because we all notice things uniquely based on each individual’s unparalleled expertise. By cracking down and examining our opinions about others, we can connect the communication gaps that occur because of our usual perceptual differences.

8 0
3 years ago
Jake Werkheiser decides to invest $5000 in an IRA at the end of each year for the next 12 years. If he makes these investments,
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Answer:

Jake Werkheiser will have $170,322.48 at the end of 12 years.

Explanation:

We use the following formula to find the future value,

S=R[\frac{(1+i)^n-1}{i}](1+i)

S= future value

R= yearly payment =$5000

i= rate of interest = 9%=0.09

n =time =12 years.

Now putting the value of i, n, R

S=5000[\frac{(1+0.09)^{12}-1}{0.09}](1+0.09)

 =$170,322.48

Jake Werkheiser will have $170,322.48 at the end of 12 years.

5 0
3 years ago
Over the next three years, a firm is expected to earn economic profits of $60000 in the first year, $50000 in the second year, a
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Answer:

I believe that it is a governmental regulation of business

Explanation:

5 0
3 years ago
The Blueberry Designs ads show a lifestyle that is sophisticated and timeless. They recently launched a sportswear line with the
kap26 [50]

Answer:

A reference group

Explanation:

Reference groups are are set of people who are used as a standard for how to comply with social norms thereby influencing our ideas, values, behaviour, and appearance.

For example a reference group can be a set of people that have achieved a certain level of importance in a field by following a standard.

In the given scenario Blueberry Designs ads show a lifestyle that is sophisticated and timeless.

Those that follow the standards set by Blueberry designs can be said to be a reference group

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3 years ago
Anyone help me pls it’s due tomorrow
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Answer:

But what is the question

3 0
2 years ago
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