A perfectly competitive industry achieves allocative efficiency because

A perfectly competitive industry achieves allocative efficiency because Group of answer choices goods and services are produced at the lowest possible cost.it produces where market price equals lowest average fixed cost.firms carry production surpluses.goods and services are produced up to the point where the last unit provides a marginal benefit to consumers equal to the

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E Interest represented by “r3” is_ A B C D spot rate on a three-year investment (APR) spot rate on a two-year investment (APR) expected spot rate 2 years from today expected spot rate one year from today

E Interest represented by “r3” is_ A B C D spot rate on a three-year investment (APR) spot rate on a two-year investment (APR) expected spot rate 2 years from today expected spot rate one year from today The correct answer and explanation is : The correct answer is: D. Expected spot rate one year

E Interest represented by “r3” is_ A B C D spot rate on a three-year investment (APR) spot rate on a two-year investment (APR) expected spot rate 2 years from today expected spot rate one year from today Read More »

What happens during metaphase II of meiosis

What happens during metaphase II of meiosis?Homologous chromosomes form, and crossing over occurs between them.The nuclear membrane begins to form around haploid sets of chromosomes. Homologous chromosomes separate, but sister chromatids remain joined at their centromeres.Sister chromatids are distributed in a single layer across the center of the cell.Homologous chromosomes are randomly arranged in the

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What is an jon

What is an jon? The correct answer and explanation is : A “jon” is not a standard English word with a specific, widely accepted definition. However, based on context, “jon” can refer to a few different things: Detailed Explanation (Approx. 300 Words): The word “jon” can be interpreted in different ways depending on the context

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Distinguish between MEC and MEI

Distinguish between MEC and MEI. MEC (Marginal Efficiency of Capital) and MEI (Marginal Efficiency of Investment) are two important concepts in economics that relate to investment decisions. MEC: Refers to the expected return on an additional unit of capital. It indicates how much additional output or profit can be generated from investing in one more

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Economic costs and accounting costs differ became accountants include

Economic costs and accounting costs differ became accountants includeonly explicit costs.both explicit and implicit costs.only implicit costs.neither explicit nor implicit costs The correct answer and explanation is : Correct Answer: Only explicit costs. Explanation (300 words): Economic costs and accounting costs differ primarily in the types of costs they include. Accounting costs refer to the

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Supply a complete symbol, with superscript and subscript

Supply a complete symbol, with superscript and subscript, for each of the following types of radiation. a. Alpha particle b. Beta particle c. Gamma ray The correct answer and explanation is : a. Alpha particle Symbol: (_{2}^{4}\text{He}) or (_{2}^{4}\alpha) b. Beta particle Symbol: (_{-1}^{0}\text{e}) or (_{-1}^{0}\beta) c. Gamma ray Symbol: (_{0}^{0}\gamma) Explanation (Approx. 300 words):

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What is the probability that a witness will refuses to serve alcoholic beverages to only two minor

What is the probability that a witness will refuses to serve alcoholic beverages to only two minor if she randomly check Id of five students from among nine students of which four are not of legal age ? The correct answer and explanation is : To solve this probability problem, we need to determine the

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