A combination of clothing and cell phones that would meet the allocative efficiency would be: Group of answer choices any combination on the production possibilities frontier that brings the highest level of satisfaction to the people in the economy. combination G because it represents the combination with the highest number of cell phones and clothing. Combination A because cell phones are more valuable than clothing. combinations B or C because they represent a balanced quantity of cell phones and clothing.
Answers: 2
Business, 22.06.2019 19:00
Lucy is catering an important luncheon and wants to make sure her bisque has the perfect consistency. for her bisque to turn out right, it should have the consistency of a. cold heavy cream. b. warm milk. c. foie gras. d. thick oatmeal.
Answers: 3
Business, 23.06.2019 02:10
You are the owner of a local honda dealership. unlike other dealerships in the area, you take pride in your “no haggle” sales policy. last year, your dealership earned record profits of $1.5 million. however, according to the local chamber of commerce, your earnings were 10 percent less than either of your competitors. in your market, the price elasticity of demand for midsized honda automobiles is 4.5. in each of the last five years, your dealership has sold more midsized automobiles than any other honda dealership in the nation. this entitled your dealership to an additional 30 percent off the manufacturer’s suggested retail price (msrp) in each year. taking this into account, your marginal cost of a midsized automobile is $11,000. what price should you charge for a midsized automobile if you expect to maintain your record sales?
Answers: 1
Business, 23.06.2019 03:20
You have just made your first $5,500 contribution to your retirement account. assume you earn a return of 10 percent per year and make no additional contributions. a. what will your account be worth when you retire in 45 years? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. what if you wait 10 years before contributing?
Answers: 1
Business, 23.06.2019 21:00
In the past, peter kelle's tire dealership in baton rouge sold an average of 1,200 radials each year. in the past 2 years, 200 and 250, respectively were sold in fall, 360 and 300 in winter, 150 and 175 in spring, and 320 and 645 in summer. with a major expansion planned, kelle projects sales next year to increase to 1,400 radials. based on next year's projected sales, the demand for each season is going to be
Answers: 1
A combination of clothing and cell phones that would meet the allocative efficiency would be: Group...
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