subject
Business, 10.09.2019 03:10 nestergurl101

An economic outcome is said to be efficient if the economy is
using all of the scarce resources it has available.
conserving on resources, rather than using all available resources.
getting all it can get from the scarce resources it has available.
able to produce more than what is currently being produced without additional resources.

ansver
Answers: 1

Other questions on the subject: Business

image
Business, 22.06.2019 13:40, deezzzy
After much consideration, you have chosen cancun over ft. lauderdale as your spring break destination this year. however, spring break is still months away, and you may reverse this decision. which of the following events would prompt you to reverse this decision? a. the marginal cost of going to cancun decreases. b. the marginal cost of going to ft. lauderdale decreases. c. the marginal benefit of going to cancun increases. d. the marginal benefit of going to ft. lauderdale decreases.
Answers: 2
image
Business, 22.06.2019 20:30, absports
Identify the level of the literature hierarchy for u. s. gaap to which each item belongs
Answers: 1
image
Business, 22.06.2019 22:40, michelerin9486
Utilization will always be lower than efficiency because: a. effective capacity is greater than design capacityb. expected output is less than actual output. c. effective capacity equals design capacity. d. effective capacity is less than design capacity. e. expected output is less than rated capacity.
Answers: 3
image
Business, 23.06.2019 01:00, gabbytumey
As more people migrated west during the gold rush, what do you think happened to the demand curve in most western markets, holding all else constant? a. there was no shift, nor any increase or decrease in quantity demanded. b. there was no shift, but there was a decrease in quantity demanded. c. the demand curve shifted to the left. d. the demand curve shifted to the right. e. there was no shift, but there was an increase in quantity demanded.
Answers: 2
You know the right answer?
An economic outcome is said to be efficient if the economy is
using all of the scarce resource...

Questions in other subjects:

Konu
History, 04.11.2019 00:31