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

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.

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

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Which of the following statements about the technical view of organizations is not true? It sees the firm as being infinitely malleable. It sees the organization as a social structure similar to a machine. It emphasizes group relationships, values and structures. It sees capital and labor as being easily substituted for one another. It focuses on how inputs are combined to create outputs when technology changes are introduced into a company.

How is a compressed work week different from a traditional work week?

You work one more day in a compressed work week.
You work forty hours in a compressed work week.
You work one less day in a compressed work week.
You work less than forty hours in a compressed work week.

With respect to the selection tools that are used in processing applicants for a sales job:Group of answer choicesNone of these is correct.Companies should use standardized forms (developed for general use by any company) as much as possible.The most effective sequence is to start with an application blank and follow up with a series of interviews.The least costly tools should be used first.Under Affirmative Action guidelines, a company is not allowed to use psychological tests.

Which is an example of ethical investing?
A. Michael invests in a company because its financials are solid.
B. Liam puts money into a mutual fund that produces steady returns.
C. Erin invests in a company because of its commitment to the
environment.
D. Kaori sells her shares in a company because she needs the
canital

Head Time is a local salon that requires all its stylists to graduate from a recognized hairstyling institute and pass the state licensing examination prior to joining work. Due to strict customer service requirements and potential lawsuits resulting from inadequate knowledge regarding the use and care of certain chemicals and solutions, this business can clearly justify its hiring criteria ________.

A bond's coupon payment is:______.
a. interest that is paid by the bond issuer when a bond matures a variable interest.
b. amount that is paid to bondholders based on the federal funds rate.
c. a coupon that can be used by bondholders to receive discounts on goods produced by the corporation issuing the bonds.
d. a fixed amount of interest that is paid annually or semiannually by the issuer to its bondholders.

the ____________________ is based on the prices of merchandise that are exported or imported.

one of the tools available for measuring brand equity was developed by young & rubicam. it is called the brand asset valuator. which four consumer perspective dimensions does it use to evaluate a brand’s equity?

The following events took place at a manufacturing company for the current year: (1) Purchased $95,000 in direct materials. (2) Incurred labor costs as follows: (a) direct, $56,000 and (b) indirect, $13,600. (3) Other manufacturing overhead was $107,000, excluding indirect labor. (4) Transferred 80% of the materials to the manufacturing assembly line. (5) Completed 65% of the Work-in-Process during the year. (6) Sold 85% of the completed goods. (7) There were no beginning inventories. What is the journal entry to record the direct labor costs for the period

the desire and ability to produce and sell a product is

where is the account accumulated depreciation on equipment found on the financial statements?

Traditional stock split definition

What topics should be included in the marketing plan?

was there new technology or innovation involved in epidemiology​

what do you mean by Producer's Equilibrium ?????​

For six months, Joel paid the minimum amount due on his credit card bill on time and didn't see his balance rise as a result. Then, he saw the amount owed suddenly jump. What is one possible reason this happened?

A. He was charged a minimum-payment penalty.

B. His interest rate increased.

C. He was charged an overdraft fee.

D. Late fees were added to his bill.​

Suppose the price of crude oil used to produce gasoline rises significantly. At the same time, consumers purchase hybrid cars in great numbers. In the market for gasoline, the market clearing price ________ and the equilibrium quantity ________. definitely falls, is indeterminate is indeterminate, definitely falls definitely rises, is indeterminate definitely falls, definitely rises

a lost check with a blank endorsement on it can be cashed by

Question Mode Multiple Choice Question A marketing channel in which multiple segments are owned by the parent company is known as a(n) ______. Multiple choice question. conventional marketing channel independent marketing channel corporate vertical marketing system unified horizontal marketing system

A company's ____________ is the percentage of the total target market for the product that belongs to the company.
__________________________
→ A.Market saturation
→ B.Market share
→ C.Brand image
→ D.Market information
_________________________
THANKS!
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In the past, personal selling has garnered a reputation as being too aggressive. You would like to test whether these perceptions have changed after the implementation of ethical principles for the personal selling industry. To start off your research, you would like to ask ten consumers in a group setting a set of questions about their views of personal selling. This is an example of
A) conclusive research.
B) observation.
C) a customer advisory board.
D) experimental research.
E) a focus group.

based on normal market reaction, the market price of stock will:

which of the following is not one of the six functional areas of business that sits on a foundation of business law?

Which of these is a reason a closed culture is
more thoughtful about change in the
organization?
A. Change takes much longer in large organizations.
B. Ideas for change are debated in large organizations.
C. Hierarchy makes change impossible in large organizations.

On May 12, 2022, Hudson Merchandise sold merchandise on account to Guzman Housewares for $6,897, terms 3/10, n/30. If Guzman returns merchandise with a sale price of $318 on May 15, 2022, what amount will Hudson record in their Cash account if Guzman pays in full on May 20, 2022

lyft’s use of driver ratings helps to give passengers confidence in their knowledge of the drivers and to convey trust. this relates to which component of service quality?

Karen is the next employee scheduled to attend 3 weeks of training in another state. Her employer knows the training will disrupt Karen's family life. The employer arranges cell phone service and Internet access for Karen to communicate daily with her family while she is away. Other coworkers tell Karen how useful the training has been, and that the time away goes quickly. By supporting Karen, the coworkers and the employer are improving Karen's _______ to learn.

on friday, elsbeth deposited her pay check for $872.56. what was the account’s final total? -$866.84 $878.28 $895.03 $903.10

when is a supplier standards form required to be provided to the beneficiary

cost flow is in the reverse order in which costs were incurred when using