Allocative efficiency can be defined

Assignment Help Financial Management

Reference no: EM131052311

Allocative efficiency can be defined as: a. The difference between the total profit change and the profit-linked productivity change. b. The point at which, for any mix of inputs that will produce a given output, no more of any one input is used than is absolutely necessary. c. Producing outputs efficiently, using the least quantity of inputs possible. d. The point at which technical and price efficiency are achieved. e. The least-cost, technically efficient mix of inputs.

Reference no: EM131052311

Questions Cloud

Commercial insurance is large stock property-liability : Commercial Insurance is a large stock property and liability insurer that specializes in the writing of commercial lines of insurance. The board of directors has appointed a committee to determine the feasibility of forming a new subsidiary insurer t..

Question regarding the business ethics : 1. What are some factors managers consider when deciding to enter the global market? 2. Review the material in the text on "business ethics" and respond to the following statement:

Average interest rate provide you the average return : Consider that you are the manager of a bank and you face a potential loan applicants pool made up of equal amounts of low risks and high risks, will charging an average interest rate provide you the average (expected) return? Explain.

Advantages and disadvantages of project management software : In 150 words What do you see as the advantages and disadvantages of using project management software such as MS Project to organize a project? Remember to cite all sources and reference in APA format.

Allocative efficiency can be defined : Allocative efficiency can be defined as: The difference between the total profit change and the profit-linked productivity change. The point at which, for any mix of inputs that will produce a given output, no more of any one input is used than is ab..

Question regarding the fundamental concepts : Decisions regarding company finances must take into account three fundamental concepts, balancing short term and long term debt, the tradeoff between risk and return, and the choices they make having an impact on their flexibility and resilience.

Real risk-free rate of interest is expected to contastantat : The real risk-free rate of interest is expected to remain contastantat 3% for the foreseeable future. However, inflation is expected to steadily increase over the next 20 years, so the Treasury yield curve is up sloping. Assume that the expectations ..

Attentive and imaginative franchises : McDonald's item offerings have possessed the capacity to advance throughout the years close by the tastes of their clients because of some attentive and imaginative franchises. A couple of case of items that were presented in the wake of being cre..

What are issuers cash proceeds from issuance of bonds : Garcia company issues 10%, 15-year bonds with a par value of $240,000 and semiannual interest payments. On the issue date, the annual market rate for these bonds is 14%, which implies a selleing price of 75%. What are the issuers cash proceeds from i..

User Account

All Pages