This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following describes a characteristic of allocative efficiency? (Read 105 times)

aeb093

  • Full Member
  • ***
  • Posts: 165
on: Oct 12, 2022
Which of the following describes a characteristic of allocative efficiency?
◦ Resources are allocated such that total economic surplus is maximized.
◦ Resources are distributed equitably.
◦ Monopoly market structures are encouraged if it generates innovation.
◦ Output is produced at lowest possible cost.
◦ All monopoly markets are discouraged.
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by aeb093 on Oct 12, 2022

iamkarenvv

  • Full Member
  • ***
  • Posts: 148
Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly


aeb093

  • Member
  • Posts: 165
Reply 2 on: Oct 12, 2022
Gracias!

ryhom

  • Member
  • Posts: 366
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Production efficiency. Production efficiency.
A Receiver-Operating-Characteristic (ROC) Curve A Receiver-Operating-Characteristic (ROC) Curve
Child's right hand and wrist displaying the characteristic spotted rash of Rocky Mountain ... Child's right hand and wrist displaying the characteristic spotted rash of Rocky Mountain ...
Summary of Life's Characteristic Summary of Life's Characteristic
Chromatin fibers characteristic of the interphase nucleus Chromatin fibers characteristic of the interphase nucleus
Video: Generalized life cycles for plants and animals Animation

For a complete list of videos, visit our video library