If productive efficiency characterizes a market A. the output is being produced at the lowest possible cost.
B. firms use the best technology available to produce the good.
C. firms produce the goods that consumers desire most.
D. the marginal cost of production is minimized.

Answers

Answer 1
Answer:

Answer:

A. the output is being produced at the lowest possible cost.

Explanation:

Productive efficiency is a situation where the economy or economic system can not produce any more goods without sacrificing the production of other goods. Consumers benefit from these cost-efficient methods of production. Also, essentially, productive efficiency means that the product is being produced with as few scarce resources as possible thereby enabling society to spread its scarce resources across more products.

Answer 2
Answer:

Final answer:

Productive efficiency refers to a scenario in the production process where output is generated at the lowest possible cost. It does not necessarily imply utilizing the best technology, producing the most desired goods, or minimal marginal cost of production.

Explanation:

If we talk about productive efficiency, it typically signifies a scenario in the market where goods produced at the lowest possible cost. It is a situation in which a entity cannot produce more of one good without sacrificing production of another good and is directly linked with the concept of a Production Possibility Frontier (PPF). Therefore, the correct answer is A. the output is being produced at the lowest possible cost.

It's crucial to note that while this definition of productive efficiency refers to the lowest cost, it does not necessarily imply using the best technology available (B), producing the goods consumers desire most (C), or minimizing the marginal cost of production (D).

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Which of the following scenarios best describes differentiation? Multiple Choice a. The firm’s marketing mix is distinct from what is available from a competitor. b. The firm screens out opportunities using criteria that are different from those used by other firms. c. The firm aims its efforts at a target market that is different from a target market that a competitor would find attractive. d. The firm uses its resources in a way that is different from the way competitors use their resources. e. The firm changes to a different set of operational decisions when its marketing strategy is not going well.

what would be the fairest assessment of the actions of the federal reserve since the advent of the financial crisis of 2008? multiple choicethe fed did not use all the tools it had at its disposal.the fed was completely successful in attaining its goals.the fed possibly helped avert a depression and a deflation.the fed was completely unsuccessful in attaining its goals.

Answers

The correct answer is "Fed possibly helped avert a depression and a deflation". The fairest assessment of the actions of the Federal Reserve since the advent of the financial crisis of 2008 is that the Fed possibly helped avert a depression and a deflation.

While it is true that the Fed did not use all the tools it had at its disposal, and it was not completely successful in attaining its goals, it is also important to recognize the role the Fed played in stabilizing the economy and preventing a more severe crisis in 2008 by helping to avert a depression and a deflation and that is the fairest assessment of the actions of the Federal Reserve since the advent of the financial crisis of 2008.

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A chisel bar can be used to

Answers

A chisel bar can be used to turn cement or stone into a statue or figure. Chisel tools have an especially sharp edge, which makes them perfect for doing fine and detailed work in very hard materials that might not otherwise be able to have work done upon them.

Final answer:

A chisel bar is a versatile tool that is primarily used to remove and shape materials. It can be used for fine sculpting of detailed pieces or the removal of waste material. It can also be used to fracture sturdy materials like concrete or brick.

Explanation:

A chisel bar is a versatile tool used for a variety of tasks. Primarily, it is used to remove material from surfaces and to shape certain objects. This can involve the removal of waste material from larger pieces of work, or the fine sculpting of detailed pieces. In addition, chisel bars are also commonly used for breaking up materials such as concrete or brick. For instance, when a wall needs to be demolished or renovated, a strong chisel bar can help fracture sturdy materials. In summary, a chisel bar is primarily used for shaping and removing materials.

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Melvin has an auto insurance policy that includes both collision and comprehensive coverage. he has a $250 deductible on his collision coverage and a $100 deductible on his comprehensive coverage. his car has a book value of $7,500 when he is in a one-car accident with a tree. the car suffers damages of $5,000. how much will melvin's insurance company pay for this repair work?​

Answers

The insurance company will cover $4,750 of the damages. The insurance company will take the deductable of $250 out of the money given to Melvin for repair work leaving him with $5,000 - $250 = $4,750

One of the important questions Jerome needs answered about his potential career is whether he will be working outdoors, because he does not want to spend all of his time in an office. Jerome’s question is regarding his _____.

Answers

Answer:

The answer is: work environment

Explanation:

The work environment refers to everything that surrounds you while you are working. It is a very general and broad term.  Of course no one would like to work all his life in a waste dump, but what really is important is not if your like the color of your office, but how do you relate to your fellow coworkers.

It is very important for any business to have a good and positive work environment. Imagine your workplace was like an second grade classroom. When the little students are happy and enjoy going to school everything works perfectly, but if they start to fight with each other, then it all turns into a mess. And believe it or not adults can be much more annoying and more childish than an eight year old.

Let's get back to Jerome. He enjoys outdoor activities, so the best thing he can do is look for a career that includes a lot of outdoor activity (e.g. construction, police, driver, etc.). There are several careers that involve spending a lot of time out of an office.

it is his work enviornment, i know this is correct because its on my online school :) hope this helps

If a pension plan has not established an irrevocable trust to account for defined benefit pension plan contributions and distributions, a government participating in the plan would report its net pension liability in its proprietary fund and government-wide financial statements.True / False.

Answers

Answer:

The statement is incorrect, the answer is False.

Answer:

False is the correct answer.

Explanation:

A pension plan is a retirement plan that needs an employer to make contributions to a pool of funds set aside for a worker's future benefit. In this case, it is false that if a pension plan has not established an irrevocable trust to account for defined benefit pension plan contributions and distributions, a government participating in the plan would report its net pension liability in its proprietary fund and government-wide financial statements.

Gullett Corporation had $30,000 of raw materials on hand on November 1. During the month, the Corporation purchased an additional $79,000 of raw materials. The journal entry to record the purchase of raw materials would include a: Multiple Choice debit to Raw Materials of $109,000 credit to Raw Materials of $79,000 debit to Raw Materials of $79,000 credit to Raw Materials of $109,000

Answers

Answer:

The journal entry to record the purchase raw material would include a debit to raw material of $79000 and credit to Raw materials of $109000..

Explanation:

Since the raw material is coming into the company, we have debit raw material and the opening balance is already there in the books of the business. hence raw materials increases.