when an allocation of resources maximizes total surplus, the result is said to be efficient.

Answers

Answer 1

It is True that when an allocation of resources maximizes total surplus, the result is said to be efficient.

This is based on the governmental policies indicators, which state that the equilibrium of supply and demand maximizes total surplus.

This is because, at the equilibrium of supply and demand, the output point is deemed efficient.

This situation is because there is no other price and quantity combination that can lead to a higher level of total surplus.

Hence, in this case, it is concluded that the statement above is True.

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Related Questions

You have opened a for-profit adult technical school and you want to advertise it to potential students throughout your state.

Which marketing method would be most appropriate?

Question 2 options:

Local Television Ad


Social Media


Email


Distribute Flyers

Answers

Answer: Local Television Ad

Explanation: I took the test

The correct option is B. Local Television Ad marketing method would be most appropriate for advertising it to potential students throughout your state.

Why is television the most effective media?

Thanks to several mechanisms ensuring the quality of the commercials shown on TV, as opposed to those shown on the Internet or apps, which are not always reviewed, the contents, the messages, and the sponsors that appear there are "safe." TV is the safest media since it reaches a large and varied audience.

As a result of the TV. It continues to be the most successful medium for brand recognition. TV advertising helps establish, develop, and expand brands. Unlike a sponsored post or search result, TV advertising helps firms become well-known and keeps them fresh in your mind for a much longer period of time.

Thus, The best choice is B. The best marketing strategy would be to use local television ads to reach prospective students all around your state.

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#SPJ2

There is no direct relationship between economies of scale and economies of scope because A. economies of scale pertain to one output and economies of scope pertain to more than one output. B. economies of scale pertain to and economies of scope pertain to . C. economies of scale pertain to and economies of scope pertain to . D. economies of scale pertain to more than one input and economies of scope pertain to one input. E. economies of scale pertain to one input and economies of scope pertain to more than one input.

Answers

Answer:

c

Explanation:

an economist would explain reece’s decision to be – because she – the prepaid cost, and made her decision based on the marginal benefit and cost of going. in economics these prepaid costs would be referred to as – costs, which are unrecoverable.

Answers

Answer:

An economist would explain Reece’s decision to be rational  because she ignored  the prepaid cost, and made her decision based on the marginal benefit and cost of going. In economics, these prepaid costs would be referred to as sunk costs, which are unrecoverable.

Do you believe that employees communication helps on a business?​

Answers

Answer:

Yea I do cus the more people understand each other the more things go by smoothly, you know there's a saying, ✨communication✨ is the answer

which country in the world consumes the most coca-cola per capita?

Answers

Answer:

Mexico

Explanation:

Mexico.

What is market information?

Answers

Answer:

Market Information means an electronic document (also available in paper form upon request) located on the Trading Platform which sets out the commercial details for each Market, including but not limited to: Margin Factors, the minimum and maximum Quantity and Our Spread.

Explanation:

brainliest plz

Answer:

The results of marketing research that are used to plan for future marketing or product development activities. The information may come from a single source or through a system of collection.

Explanation:

on edge 2022

How would a two percent rise in interest rates most likely affect new housing?​

Answers

A two percent rise in interest rates would most likely affect new housing by making the price of the houses fall in the long run.

As the interest rate of possessing a mortgage rises, many individuals would not afford a house with a mortgage.

Subsequently, as people are shying away from possessing mortgages with high-interest rates, home investors and sellers need to reduce their house prices to attract buyers.

Hence, in this case, it is concluded that a two percent rise in interest rates would most likely affect new housing by making the price of the houses reduce in the long run.

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What is something that quantitative research won't tell you?
A. A company's annual earnings
B. A company's stock performance over the past five years
C. How happy a company's employees are
D. When a company went public

Answers

The findings that quantitative research won't tell you is "When a company went public."

This is because quantitative research measures the situation in value using numbers analysis

Usually, quantitative research analyzes numerical data to conclude.

Options A, B, and C can be measured on numerical scales, in which the conclusion can be reached.

However, option D is just a date; it cannot be analyzed with quantitative research analysis.

Hence, in this case, it is concluded that the correct answer is option D. "When a company went public."

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Answer:

c

Explanation:

took the test

By the end of the nineteenth century, the United States banking system transitioned from

Answers

By the end of the nineteenth century, the United States banking system transitioned from bimettalism to flat greenback currency.

Bimetallism involves the use of gold and silver as a form of legal tender. The worth of the quantity of the gold and silver is usually presented as a form of exchange to buy the equivalent of the goods and services.

The change was done close to the civil war and this helped to stabilize the economy as the silver coinage was exempted thereby giving rise to displeasure of people who had Silver. The aim of this change was achieved as inflation was stopped.

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A farmer producing soybeans sells her product in a perfectly competitive market. The current market price of soybeans is $20 a bushel. If the farmer asks $21 per bushel for her soybeans, she will sell a. half of her crop. b. all she wants. c. zero. d. the amount that maximizes her profit

Answers

Answer: 41 Dolars

Explanation: easy

Thinking about your office or college, what types of
information are conveyed through the grapevine? How
often is the information accurate?

Answers

Answer: I would experience a lot of cluster chains speaking on if someone was in trouble. An employee would be called to the back office if they were either in trouble or getting a promotion.

Explanation:

What is institutional advertising focused on promoting?
____________________
A. A company
B. The Internet
C. A service
D. A good

Answers

Answer:

BONJOUR,

A OPTION IS THE ANSWER

MERCI

Walmart is the biggest seller of raw chicken to the top 10 fast food chains in the United States. Walmart
purchases all its raw chicken from Germany. The United States is upset with Germany for Human Rights
Violations and has created___________
thus preventing Walmart from purchasing any products,
including raw chicken from Germany,
A.Embargo
B.Globalization
C.Absolute Advantage

Answers

Answer: Embargo

Explanation:

Look the definition up. It’s where you stop trade from another country I believe

Embargo, I’m pretty sure. I hope you get it right.

in cochabamba, bolivia, the informal economy is a small but important sector of the overall economy.

Answers

It is False that in Cochabamba, Bolivia, the informal economy is a small but important sector of the overall economy.

This is because the informal economy in Cochabamba is widespread in the street.

However, because they don't pay taxes or report earnings, it is hard to conclude that it is an important sector of the overall economy.

Also, since the statistics of the informal economy of Cochabamba do not reflect on the Bolivia general economy, the statement is considered False,

Hence, in this case, it is concluded that the correct answer is False.

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What is a “work point”?

Answers

Answer:

A work point is an independent entity whose location is defined in space.

Explanation:

Work points may be placed or projected onto part faces, linear edges, or onto an arc or circle. Work points can be constrained to the center points of arcs, circles, and ellipses.

the total cost of an asset less its accumulated depreciation is called

Answers

Answer:

Depreciation is called its net cost or carrying amount.

A loss is when:
A. Revenue is greater than expenses.
B. Revenue is less than expenses.
C. Revenue is equal to expenses.
D. None of the above.
83°F Sunny

Answers

Answer:

a if revenue is greater the loss in money will deplinish

The right answer would be B because revenue means income

Select the correct answer.
Which technique helps you become more resourceful?
A.
looking at current trends
B.
looking for perfect solutions
C.
thinking like a child
D.
thinking more logically

Answers

Answer:

Thinking more logically

Answer:

it isnt think logically

Explanation:

determine the present value now of an investment of $3,000 made one year from now and an additional $3,000 made two years from now if the annual discount rate is 4 percent.

Answers

The present value of the investment is $5,658.29.

The present value is the value of an investment today. It is determined by adding the sum of the discounted cash flows of the investment.

Present value of year 1 cash flows= $3000 / 1.04 = $2,884.62

Present value of year 2 cash flows=$3000 / 1.04² = $2,773.67

Sum of the discounted cash flows = $2,773.67 + $2,884.62 = $5,658.29

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John worked 40 hours this week. His rate of pay is $12.50 per hour. What is his gross pay? $425 $500 $475 $505

Answers

Answer: $500

Explanation: 12.50 * 40 = 500

Answer:

His pay would be $500 because you have to multiply the 40 hours and the $12.50 you see how much money the got so he would get $500

How does fractional-reserve banking influence the money supply in the United States?

Answers

The banking system help influence money supply by using customer's deposit to generate more money in the system.

The Fractional reserve banking is a system where the banks hold some fraction of the customers' deposit as reserves and the rest are used to generate returns in the form of interest rates on loans.

The United States banking system practices the fractional reserve banking because its allows the commercial banks to get interest on customer's deposits with them

Therefore, in conclusion, the fractional-reserve banking influence the money supply in the United States because the process helps creates more money and thus increases the economy money supply.

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Answer:

Fractional-reserve banks issue depositor funds to borrowers, increasing the number of claims made on the same dollars.

Explanation:

cost is not paid by the insurance company and are unrecoverable

Answers

Answer:

yes

pls mark brain

Explanation:

Do you guys know any specific issues that affect businesses?? If so please name any!!! It’s urgent :)

Answers

political - For example, new legislation

economic - For example, inflation and unemployment

social - Changes in taste and fashion or the increase in spending power of one group, for example, older people

technological - For example, being able to sell goods online or using automation in factories

environmental - For example weather conditions affecting sales or production and growing interest in being ‘green’ , for example by recycling

competitive - The impact of a rival firm which may have a similar product or which may lower its prices.

BBC Bite Size.

Please mark BRAINLIEST.

of the 4 companies listed below, which company is more likely to use specific identification to value its inventory and cost of goods sold?

Answers

The question did not supply the four listed companies.

However, the companies that usually use the specific identification methods to value their ending inventory and the cost of goods sold are the companies that trade unique and high-value goods.

For a piece of jewelry, each item is usually unique, and they are not mass-produced. Such a company can use the specific identification to track the cost of each item. Companies selling heavy equipment can also use the specific identification method to value their inventory.

Thus, the specific identification method enables the company to determine the cost of its ending inventory and the cost of goods sold.

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what is the primary source of fuel in south america

Answers

The primary source of fuel in South America is petroleum.

How do I quit my job as cashier already wrote resignation letter

Answers

dont walk up to ur boss n dont say nun n jus walk out dat mf yo
Then your good job t

with respect to the national saving and investment identity for any country, the quantity of _______________ at any given time by savings must ________________ for purposes of making investments.

Answers

With respect to the national saving and investment identity for any country, the quantity of foreign aid supplied at any given time by savings must be lower than the quantity of domestic aid demanded for purposes of making investments.

The foreign aid supplied can be referred to as export while the domestic aid demanded is referred to as the Import. Any nation which takes its economy very serious will always ensure that the Export is more than the Import.

This is to ensure that the nation is able to save and invest as a result of the high gross domestic product it possesses as a result of its sales of goods and services being more than its spending.

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how did the geographic location of harappa affect trade?

Answers

Answer:

The city was convenient for trading opportunities.

Explanation:

A new pizza restaurant is opening in town. The owners of this restaurant decide to place an advertisement in the town newspaper announcing the date of their big opening. The owners of the restaurant are using ________. A) mass communications B) a push strategy C) word-of-mouth communications D) public relations

Answers

Answer:

Answer is A

Explanation:

They are trying to get the word out to many people so their business grows. So they are using mass communication to do so.

how was each monopoly situation successfully eliminated?

Answers

Answer:

monopoly is fire my guy

dude its so hard not to rage in that game

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