Which divisions are efficient

Assignment Help Business Economics
Reference no: EM13840244

Suppose that one must divide $1,000 among 100 students. Which divisions are efficient?

A) Any division of the money is efficient

B) The efficient division is to give each student $10

C) The efficient division is to give all of the money to one student

D) The efficient division is to divide the money so each student is equally happy

Reference no: EM13840244

Questions Cloud

What is the meaning of the slope of two budget constraints : Over the past decade medical costs have increased more rapidly than other prices. In order to illustrate how rising medical costs have affected consumer alternatives, let X represent the quantity of medical services, and let Y represent the quantity ..
Sketch and label each of the following signals : Sketch and label each of the following signals
How has the industry changed to adapt? : How has the industry changed to adapt?
Income elasticity of demand for your firms product : The income elasticity of demand for your firm’s product is estimated to be 0.75. A recent report in The Wall Street Journal says that national income is expected to decline by 3 percent this year. What should you do with your stock of inventories?
Which divisions are efficient : Suppose that one must divide $1,000 among 100 students. Which divisions are efficient?
Roughly speaking-merger between two firms is legal : Roughly speaking, a merger between two firms is legal:
Sampling theorem and quantization : You are to analyze the audio recording and playback system shown below. The input audio frequency range is fÎ[0, 3.5] kHz. The listener's hearing range is fÎ[0, 8] kHz. The ADC operates at the programmable sample rate of fs = n8kHz, n an integer.
What is the approximate opportunity cost of producing : If the economy is currently producing 40 units of cotton and 6 units of wheat, then what is the approximate opportunity cost of producing 10 more units of cotton?
What is the social surplus created by eradicating polio : Suppose that the cost of eradicating polio from a society of 1,000 persons is $5 per person. Also suppose that only two persons in the society will benefit from that policy, and the benefit to each of those persons is $2,000. Then what is the social ..

Reviews

Write a Review

Business Economics Questions & Answers

  Qas a manager of the ponchartrain yard art corporation that

q.as a manager of the ponchartrain yard art corporation that youve negotiated with several vendors and are ready to

  Illustrate what is the real gdp in each year

Illustrate what is the real GDP in each year, given that the price index has risen from 100 in the base year to 104.5 in Year 1 and up to 108.3 in Year 2.

  Which specific jobs should be assigned to each employee

When the competition is intense and the environment is changing rapidly, it is especially important to

  Analyzing the effect of new car rebate

Alexander Company is a used car dealership serving Los Angeles Metropolitan area. The corporation has experienced a rather sharp decline in used car prices in recent years.

  Illustrate the effects of monetary policies on the economy

Illustrate the effects of monetary policies on the economy's production and employment.

  The political business cycle theory

According to the political business cycle theory, if the Fed wanted to see a President re-elected, prior to the election it might.

  Large donation must computer colleagues make today

Computer Colleagues, Inc. wants its name on the new computer engineering building planned for Somewhere University. For naming rights, the university requires that 60% of the first cost of the building and 20% of the maintenance costs be covered by a..

  Firm has decreasing returns

In the short-run, if a firm has decreasing returns, does it have increasing, constant, or decreasing marginal cost? Explain. What about if it has constant returns? Increasing returns? Explain.

  If a price is above equilibrium

If a price is above equilibrium,

  Explain which fiscal and monetary policies might activist

Explain which fiscal and monetary policies might "activist" Keynesian economists recommend to help a depressed economy regain full employment.

  Marginal rate of product substitution is the rate

The Marginal Rate of Product Substitution (MRPS) is the rate that one output must be decreased as production of the other output is increased. The most common form of MRPS is?

  Consumers expect the price of the good to rise in the future

Explain with graph what happens to aggregate demand curve, and/or aggregate supply curve for the following situations: Consumers expect the price of the good to rise in the future.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd