the condition for allocative efficiency is violated when

Question

02-11-2021
Business

contestada

the condition for allocative efficiency is violated when

Respuesta :

Otras preguntas

what political role did women play in the transformation of South Africa from the 1970's to the 1920s essay

What is the approximate area of the unshaded region under the standard normal curve below? Use the portion of the standard normal table given to help answer the

In "a worn path," phoenix jackson ultimately shows herself to be someone whose actions are all done out of __________. question 1 options: selfishness and bitte

You randomly draw twice from this deck of cards 0 с G|F. D C G What is the probability of not drawing a C, then not drawing a C, without replacing the first ca

The equation 2x² + 2y2 – 8x - 12y + 16 = 0 defines a circle.which of these shows a correct step for determining the center and radius of this circle? choose all

6. The figure below is composed of nine congruent squares. What is the area of the shaded portion? 12 in Ath 12 in

pls helpHow was the geography of the South similar to the geography of the North? They both lacked navigable rivers for transportation. They both had lots of ro

Leslie tells her therapist that she constantly feels survivor’s guilt. What MOST likely happened in Leslie’s life to make her feel this way? A. Her sister died

Latoya just bought a refrigerator for $931. She paid $139.80 in a down payment and will pay the rest in 4 equal installments. How much does she need to pay for

The severity of storm activity along a warm front is __________ than that along most cold fronts because the rate of uplift is __________ along a warm front. Gr

Tundexi Tundexi · Answer 1 · 2021-11-10T11:21:13+01:00

The condition for allocative efficiency is violated when the firms are price makers.

The Allocative efficiency is a term used in an efficient market to describe when goods are optimally distributed among the buyers in the economy.

The Allocative efficiency is achieve in the market where the consumer demand is completely met by the supply

Therefore, in conclusion, the Option A is correct because the condition for allocative efficiency is violated when the firms are price makers.

Missing question includes: (A) firms are price makers (price searchers)(B) short-run profits exist in a competitive industry(C) price equals average total cost(D) the market demand curve is inelastic in a competitive industry(E) the market demand curve is elastic in a competitive industry

Learn more about this here

brainly.com/question/7113859