They are most beneficial when they join together resources and knowledge in a combination that complies with the VRIO framework.
Answer: B. Each firm produces up to the point where the price of the good equals the marginal cost of producing the last unit.
Explanation:
Allocative efficiency means that the point chosen on the production possibility frontier is socially preferred.
In a perfectly competitive market, allocative efficency is achieved at the point where price equals the marginal cost of production. At this price producer and consumer surplus is maximised.
A. The percentage of the labor force that is unemployed
Answer:
The answer is B. Sentiment analysis.
Explanation:
There is a growing need for marketers to determine the impact of the products and services on customers especially on a social perspective. With the existence of social network, this has become possible by carrying out sentiment analysis. This implies that the possibility for marketers to assess the social opinion, either positive or negative, of goods and services through the identification, analysis, interpretation of texts, surveys, social media sites is done through sentiment analysis. For example, skimming and scanning through reviews to identify expressed or text emotions such as joy, hate ets is a form of sentiment anlaysis.
