When a competitive market maximizes economic surplus, it implies that the rev: 05_10_2018 Multiple Choice marginal benefit of having the product is greater than the marginal cost. buyers are getting the maximum consumer surplus from the product. combined consumer and producer surplus is maximized. quantity demanded is lower than the quantity supplied

Answers

Answer 1

Answer:

Combined consumer and producer surplus is maximized.

Explanation:

Competitive Market, which is a market, whereby great numbers of producer compete with each other while producing goods/service for consumer's consumption. The Economic surplus which is also known as Total/warefare surplus can be regarded as the combination of both consumer and producer surpluses which helps in knowing the total loss of warefare as regarded as competitive market is concerned.It should be noted that When a competitive market maximizes economic surplus, Combined consumer and producer surplus is maximized.


Related Questions

Who was the English raider of Spanish ships

Answers

Hey can I have ur number mamí

How was daily life in the United States affected by World War I?

Answers

Answer:

During World War I, daily life was affected as men were drafted and sent abroad, and women had to fill their places in the factories. ... Youth programs grew and developed in a response to aid the government with these new programs.

Explanation:

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During World War I, daily life was affected as men were drafted and sent abroad, and women had to fill their places in the factories. ... Youth programs grew and developed in a response to aid the government with these new programs

What was the relationship between African-Americans gaining freedom and their involvement in military service?

Answers

Black soldiers hoped that their military service would serve as a powerful claim to equal citizenship for African Americans. When they came home, however, they encountered fierce resistance from white supremacists determined to reassert the prewar racial order.

what statement best describes a command economy

Answers

Answer:

 

Market economy

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By market economy we understand the organization, allocation of the production and consumption of goods and services that arises from the game between supply and demand. The defining characteristic of the importance of the market economy is that decisions about investment and the allocation of producer goods are made through individuals who operate in the markets.

The term is equivalent to that of the free market.1 It is necessary to note, however, that there is no term, especially at the theoretical or general level, about what the allowable balance of state intervention would be without a market economy becoming an economy. addressed: “But there are certain aspects of the market economy that remain controversial. In the first place, there is some controversy regarding which activities should be left in the hands of the State and which can be awarded to private initiative. ”2 3 4 5 6 7 8

Here is a very clear difference raised by Wilhelm Röpke when classifying state interventions as "compliant" and "non-compliant". The first are those that tend to ensure the functioning of the laws of the market. As an example, we can cite antitrust legislation. The second are those that interfere or block that operation. Price and wage controls are among the most common of these interferences. The market economy, as it is conceived within modern liberalism (see "social market economy"), accepts "conforming interventions" and, moreover, considers them necessary; but rejects "non-conforming interventions."

Market process

In a market economy, producers and consumers can interact in the market. It is assumed that both types of economic agents assume the price of goods as a given data (that is, they are "price acceptors" - "preneurs de prix" in French; "price takers" in English. See Origin and assumptions in "Walras's Law".) And, from there, they make their production and consumption decisions, seeking to maximize profit in the case of suppliers and the utility function (satisfaction) in the case of consumers. The participation of these actors, offering and demanding quantities of goods and services, in turn alters market conditions, affecting the evolution of prices.

Explanation:

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why are the Social Service organisation taken as the driving force of social transformation give reason​

Answers

Answer:

Explanation:

Social service organizations are the ones that are most likely to detect the problem in society and analyze how it should be approached. They will see what are the priorities of the community, what can be approved, and what are the actions that need to take place in order for a certain problem to be solved.

Organizations know the governmental, civil, and law procedures that need to take place to make the change. They usually already have some support of governmental bodies, employees, and volunteers who can work on the issue.

Therefore, social service organizations are more likely to get into the process of solution and guide the social transformation through it.

The reason Social Service organisation are taken as the driving force of social transformation is because they are more likely to get into the process of solution and guide social transformation through it.

The Social service organizations are those groups which are likely to detect problem in society and analyze how it should be approached.

The groups knows the priorities of the community, what can be approved, and the actions needed for a certain problem to be solved.

In conclusion, the reason Social Service organisation are taken as the driving force of social transformation is because they are more likely to get into the process of solution and guide social transformation through it.

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Judicial Review against Congress is an example of

Question 1 options:

Federalism


Checks and Balances


States' Rights


Social Contract

Answers

Answer:

I THINK the correct answer is Social Contract

Explanation:

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England began to colonize the Southeast in the .
LATE 1500s
EARLY 1600
LATE 1600S
English settlers built a fort in this area to gain control of the
ALTAMAHA RIVER
ST. LAWERENCE RIVER
NORTHWEST PASSAGE
Fort King George became present-day .
DARIEN
JAMESTOWN
SAVVANAH

Answers

Answer:

England began to colonize the Southeast in the

✔ late 1600s

.

English settlers built a fort in this area to gain control of the

✔ Altamaha River

.

Fort King George became present-day

✔ Darien

.

Explanation:

Answer:

A) Late 1600's

B)  Altamaha River

C) Darien

=)

Explanation:

1820 Missouri compromise

Answers

Answer:

Enacted in 1820 to maintain the balance of power in Congress, the Missouri Compromise admitted Missouri as a slave state and Maine as a free state.

Explanation:

Answer:This determined whether slavery will be allowed in the Louisiana Purchase territories.

Explanation:

write the meaning of decentralization of power.​

Answers

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Decentralization or decentralisation is the process by which the activities of an organization, particularly those regarding planning and decision making, are distributed or delegated away from a central, authoritative location or group.

Concepts of decentralization have been applied to group dynamics and management science in private businesses and organizations, political science, law and public administration, economics, money and technology.

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Answer:

delegation of power

Explanation:

decentralization of power means the delegation of power from centre to the provinces and local level.

Which of the following can you infer about tea parties?

Answers

Answer:

What are the following

Explanation:

I will answer in the commnts if you tell me

10. What was the main reason that new taxes passed by the British Parliament during the 1760s caused such
anger among the American colonists?
a
Colonists could not elect or serve as members of Parliament.
b. Tax collection was enforced in certain colonies more strictly than in others.
c. Parliament approved the laws without the necessary majority vote.
d. The tax laws restricted the powers of the colonial legislatures to enact taxes.

Answers

Answer:

I’m pretty sure it’s c

Explanation:

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Select a positive outcome from Egyptian trading.


Egyptians formed friendships with surrounding countries, resulting in a multicultural society.

Egyptians waged war against countries that did not trade with them.

Egyptians built a wall surrounding the city to ensure the citizens did not trade with other counties.

Egyptians went without goods that were not available in their country.

Answers

The answer is a the Egyptians formed friendships with surrounding countries, resulting in a multicultural society.

Answer:

The answer is that the Egyptians formed friendships with surrounding countries, resulting in a multicultural society.

Explanation:

what are the causes of unemployment in nepal?​

Answers

Answer:

Poverty, overpopulation, slow progress in economic development

Respiration is a chemical reaction used to _____.

make food
break down food
burn energy
gain electrons

Answers

Answer:

I believe the answer to your question is A. make food.

Hope this helps! :))))))

Answer:

To make food A.

Explanation:

How was Islam spread in Western China?

Answers

Answer:

As travel became easier, there were many exchanges between China and the outside world. Around this time, Chinese Muslims also became the first Muslims in New Zealand (See Islam in New Zealand). Sufism spread throughout the Northwestern China in the early decades of the Qing Dynasty (mid-17th century through early 18th century).

Explanation:

What is free and fair electoral competition? Does China have it? ​

Answers

Answer:

Explanation:

A free elections is the one that is transparent and in which different organisations that represent different citizens of that country all have a fair and equitable opportunity to compete in the elections .

In China there I no such they use National People's Congress or hirachy system to either choose or remove the president but this isn't a reflection or representations of everyone in China and the people in that hierarchy may not share the same values as the rest of China

The rights of conscience, trial by jury, liberty of the press, all
your immunities and franchises, all pretensions to human rights
and privileges, are rendered insecure, if not lost, by this change,
so loudly talked of by some, and inconsiderately by others.
What is the meaning of the word pretensions as it is used in this sentence?
A
charades
B
vanities
С
assumptions
D
vainglories
expectations

Answers

Answer:

C

Explanation:

Think about the meaning of the word perpetuity. How did Jefferson Davis and Abraham Lincoln differ in their belief or understanding of the principle of perpetuity?

Answers

Answer: In November 1863, President Abraham Lincoln was invited to deliver remarks, which later became known as the Gettysburg Address, at the official dedication ceremony for the National Cemetery of Gettysburg in Pennsylvania, on the site of one of the bloodiest and most decisive battles of the Civil War. Though he was not the featured orator that day, Lincoln's 273-word address would be remembered as one of the most important speeches in American history. In it, he invoked the principles of human equality contained in the Declaration of Independence and connected the sacrifices of the Civil War with the desire for a new birth of freedom, as well as the all-important preservation of the Union created in 1776 and it's ideal of self-government.

Explanation:

Answer:

Both Jefferson Davis and Abraham Lincoln understood perpetuity to mean “forever,” but they disagreed over the specifics of what entity was to remain forever. Davis spoke of perpetuity in terms of permanent existence of the Confederacy. Lincoln insisted that perpetuity was “implied, if not expressed, in the fundamental law of all national governments” as he argued for the permanent existence of the Union.  

Explanation:

Which best describes the concept of the Land Ordinance of 1785?

a
It defined how the territories west of the Appalachians would be governed.
b
It was the land west of the Appalachians that would eventually become the midwest states: eg Michigan, Ohio, etc.
c
It explained how the land would be surveyed and divided into townships that were 6 miles by 6 miles square.
d
It was a plan for a national government.

Answers

Answer:

c

Explanation:

the land should be sold and the proceeds should be used to pay off the national debt.

 

1. Which describes the animals in the marine ecosystem?
a large animals
c. tiny and huge animals
b. small animals
d. no animals

Answers

Awnser: c
Explanation: the awnser is c because there are small animals in the marine ecosystem like shrimp and also large animals like whales and sharks

Answer:

C

Explanation:

NEED ANSWER RIGHT NOW PLEASEEEEE..........What were European settlers' motivation for colonization, their response to geographic, economic, religious, and political challenges, and their relationship with Native Americans?

Answers

Answer:

the Man reason for colonization was religious freedom, Manu people who lived in europe were unfñder the rule of the monarch who most of the time did not care about the. Their reaction to geographic changes were having to adapt to a new "home" which was rich in agriculture, this was also one of the reasons people wanted to live there. Economically colonists were beginning to understand the meaning of it, this means that the Europeans were just getting started in the idea of selling things that they grew. Religiously speaking the European were free to believe in what ever they wanted (christianity being the main one). political power shifted from the monarch to the people, this gave the people the right to participate and have a voice in government. Their relationship with native America's was very bumpy, what I mean by this is that the Europeans brought diseases and illnesses that the natives were not custom to, they also killed their people because they were " savages"

Explanation:

I hope it helps

What is Principal Smith persuading the audience to do and/or believe?

Answers

Answer:

principal smith is persuading for the kids to be nice

Explanation:

Answer:

she wants all the kids to be nice to each other in school

Explanation:

1. Why were the Patriots able to defeat Britain in the Revolutionary War?
2. How did the ideals of the American Revolution impact France, and later, Latin America?
3. What were the positive and negative characteristics of the Articles of Confederation?
4. How did the US government deal with the growing migration and expansion in the northwest,
and how were American Indians in the region affected by these decisions?
5. What challenges did Washington face during his presidency (both domestic and foreign)?
6. What were the positions of the Federalists and the Democratic Republicans on domestic and
foreign issues?
7. How did attitudes toward the institution of slavery change in the late 1700s?
8. What is "republican motherhood" and how did it impact the role of women in society?

Answers

Answer:

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RE WORD AT LEAST A LITTLE

Explanation:

Why were the Patriots able to defeat Britain in the Revolutionary War?

The colonists had better war tactics, strong leadership and one solid alliance. Despite facing larger forces, better trained armies, and more weapons, the Colonists managed to win.

How did the ideals of the American Revolution impact France, and later, Latin America?

It impacted the French because it showed them that they could also overthrow their own king and that they had that power. It impacted Latin America as it was the first modern movement of anticolonistism.

What were the positive and negative characteristics of the Articles of Confederation?

Positive Affects: lesser chance of a dictatorship

Negative affects: weakened relations with other countries, debt/ economy issues with different currencies, heightened crime, and corruption within state legislature.

Satisfied Americans: antifederalists

Dissatisfied Americans: farmers, veterans, traders, federalists

How did the US government deal with the growing migration and expansion in the northwest, and how were American Indians in the region affected by these decisions?

Due to the expansion of the northwest, the is created the northwest ordinance. It chartered a government for the northwest territory, providing a method for admitting new states to the union from the territory. The American Indians suffered as the united states took more of their land. they had to leave the rivers, forests, and mountains and move to a very different topography.

What challenges did Washington face during his presidency (both domestic and foreign)?

Pickney's Treaty - George Washington (Foreign Affair) - Open navigation of the Mississippi River is negotiated with Spain.

Jay’s Treaty - George Washington (Foreign Affair) - Britain agrees to remove their presence from the Northwest Territory. In return, the U.S. makes England it's preferred trade partner.

Battle of Fallen Timbers - George Washington (Domestic Affair) - U.S. military defeats a strong hold of Native American presence in the N.W. Territory. Opens up the area to American settlement. Washington provides for the defense of the U.S.

Whiskey Rebellion - George Washington (Domestic Affair) -Hamilton's plan to tax Whiskey to help pay off U.S. debt. Washington sends in the military and quickly stops the uprising. Important because Washington shows he can defend the nation from mob rule. Compare to Shays Rebellion.

What were the positions of the Federalists and the Democratic Republicans on domestic and foreign issues?

The Federalists believed that American foreign policy should favor British interests, while the Democratic-Republicans wanted to strengthen ties with the French. The Democratic-Republicans supported the government that had taken over France after the revolution of 1789.

How did attitudes toward the institution of slavery change in the late 1700s?

Slavery lasted in about half of U.S. states until 1865. As an economic system, slavery was largely replaced by sharecropping and convict leasing. By the time of the American Revolution (1775–1783), the status of enslaved people had been institutionalized as a racial caste associated with African ancestry.

What is “republican motherhood” and how did it impact the role of women in society?

Republican Motherhood was a concept derived from the notion that women should serve as educators of young men in order to teach them to become productive American citizens and embrace the Enlightenment ideas that fueled the concept of Republicanism following the end of the American Revolution

Step 1:

Describe how amendments have affected Americans' participation in government.



Give specific examples from the lesson, including amendment names or numbers.





Step 2:

Brainstorm an idea for a new amendment to the Constitution. Answer the following questions about your new amendment idea.

What will this amendment do?



Whom will it benefit and how?



Step 3:

Identify the process that your amendment will have to follow to become part of the Constitution. Some information appears for you.


Amendment Process: Two Main Steps
1: ____________________ 2: Ratification
Method 1
Method 2 Two-thirds of state legislatures request a national convention
Step 4:

In your own words, answer the following questions about the amendment process.

Why did the Founding Fathers create an amendment process for the Constitution?



Why did they make the amendment process difficult to achieve?

Answers

Answer:

Amendment Chart

13th

Ended slavery in the United States

14th

Extended protection under the law to all U.S. citizens

15th

Extended the right to vote to African-American males

19th

Extended the right to vote to women

24th

Prohibits federal and state governments from charging citizens a tax in order to vote

26th

Extended the right to vote to citizens who have reached their 18th birthday

Explanation:

Why are proper sampling techniques important to the survey method of research?
this is from psychology

Answers

Answer:

"Sampling helps a lot in research. It is one of the most important factors which determines the accuracy of your research/survey result. If anything goes wrong with your sample then it will be directly reflected in the final result."

Explanation:

I need the answer quickly first to answer gets Brainliest!!!!

Name the three branches of the government set up at this time by the newly formed nation. Tell
the major function of each branch.

Answers

Answer:

Executive, Legislative, Judicial

Explanation:

Executive=President and Cabinet

Legislative=Law Makers

Judicial=Court

ILL GIVE BRAINLIST IF U ANSWER THIS QUESTION PLS

Answers

Answer:

The British seemed unbeatable. During the previous 100 years, the British had enjoyed triumph after triumph over nations as powerful as France and Spain. At first glance, the odds were clearly against the Americans. A closer look provides insight into how the underdogs emerged victorious.

Britain's military was the best in the world. Their soldiers were well equipped, well disciplined, well paid, and well fed. The British navy dominated the seas. Funds were much more easily raised by the Empire than by the Continental Congress.

Some of those funds were used to hire Hessian mercenaries to fight the Americans.

On the other hand, the Americans had many intangible advantages.

The British fought a war far from home. Military orders, troops, and supplies sometimes took months to reach their destinations. The British had an extremely difficult objective. They had to persuade the Americans to give up their claims of independence. As long as the war continued, the colonists' claim continued to gain validity. The geographic vastness of the colonies proved a hindrance to the British effort. Despite occupying every major city, the British remained as at a disadvantage.

Americans had a grand cause: fighting for their rights, their independence and their liberty. This cause is much more just than waging a war to deny independence. American military and political leaders were inexperienced, but proved surprisingly competent.

The war was expensive and the British population debated its necessity. In Parliament, there were many American sympathizers. Finally, the alliance with the French gave Americans courage and a tangible threat that tipped the scales in America's favor.

American Revolution gave birth to many songs, but none gained the widespread notoriety that "Yankee Doodle" did. Originally composed by the British to mock the colonial forces, the song became popular with Americans after their victory — the ultimate tongue-out, thumbs-in-ears-with-fingers-waving anthem for a proud, young nation. Read about the song's history at this site, part of PBS's online companion to "Liberty! The American Revolution."

The Continental Army

PBS also offers a brief description of the Continental Army. Records of the American Revolution are often difficult to come by, as this website explains, so historians try to piece information together. What information have they been able to gather on them.

Sons of the Revolution in California

Spend some quality time at this Sons of the Revolution in California website and uncover some interesting facts and figures of the American Revolution. Although it doesn't reveal the strengths and weaknesses of either side, the site does go into great detail on many other aspects of the war. The best place to start is the "Battles" link. Clicking on any year in the chronology brings up a complete list of the battles of that year and the dates they took place. The "Casualties of the Revolutionary War" link (also under the "Battles" link) provides a detailed list of the dead and wounded from both the American and British forces. And all this is only one link! Other links include "Flag History" and "Colonial Uniforms."

Uniforms of the American Revolution

Forget about strengths and weaknesses! Which side was the best dressed?

Are you a jaunty or a daddy? Do you sit in the cad's corner and dodge Pompey? Read more about British naval slang and terms in 1775 to find out.

The Continental Navy had only 31 ships when the Colonies declared their independence from Britain in 1776.

this may help

Explanation:

The great powers of Europe were al interested in the opportunities availabe in North America.

A: true
B: false

Answers

Explanation:

tthe answer is true becuase no one know what the americans could hold

Excerpt from the Declaration of Independence

“We hold these Truths to be self-evident, that all Men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty, and the Pursuit of Happiness—That to secure these Rights, Governments are instituted among Men, deriving their just Powers from the Consent of the Governed, that whenever any Form of Government becomes destructive of these Ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its Foundation on such Principles and organizing its Powers in such form, as to them shall seem most likely to effect their Safety and Happiness.”

Declaration of Independence, 1776
Student Handout 2: Analyzing an Excerpt from the Declaration of Independence

Ideas/Documents
Declaration of Independence


What does it say about EQUALITY







What does it say about LIFE and LIBERTY?






What does it say about PROPERTY?








What does it say about ORDER and the RIGHT OF REVOLUTION?








How does this document connect to the idea of the SOCIAL COMPACT?









What does it say about LAWS?

Answers

Answer: Individuals have some basic rights that are obvious and should not be taken away.

Explanation:We hold these truths to be self- evident, that all men are created equal; that they are endowed with certain unalienable rights, that among these are life, liberty, and the pursuit of happiness.

The demand for wheat has increased recently. Farmers have decided to charge more for wheat. The government does not get involved. What type of economic system is being described?

Answers

Answer: Laissez-Faire, Capitalism, Free-Markets, all those kinds of words

Explanation: When prices rise and the government (rather wisely in my humble opinion) decides to not get involved, they are taking a hands-off approach, which is reminiscent of laissez-faire

Other Questions
What is the relationship between ionization energy andelectronegativity based on these cards? Select the correct answer from each drop-down menu.This image may be the result of the .If mRQS is 75, then mTPU is . Select the correct answer from each drop-down menu. REPORT: NEW WORLD EXPLORERSHere is your goal for this assignment:Write a report on the exploration and colonization of AmericaSelect from one of the following four major European exploration and colonization groups of America: Spanish, French, Dutch, and English. Research one of the countries of your choice by using at least three research sources, including the internet.Using your research information, write a report that identifies the reasons for that country to explore and colonize America. It is important to think about classifying the reasons for exploration and colonization as either economic, political, or religious. Indicate also what impact the search for the Northwest Passage had upon exploration and colonization.The report should be typed using proper grammar, spelling, and punctuation. Your report should be 300 words in length. List your sources at the end of the report. help please asap i need an answer Am I right or wrong if Im wrong please tell and with explanation Question 1 of 3 NE A scale drawing of a fishing boat has a scale of 1 cmn to 2 meters. If the length of the fishing boat is 6 cm on the scale drawing, what is the actual length of the fishing boat? Choose ALL the answers that apply.The stomach____receives food from the esophagusabsorbs extra waterbreaks down foodmixes, mashes, and churns foodabsorbs digested nutrients What is the correct symbol to compare the expressions?Pls Answer It is legal for an 18 year old to have a BAC of .01O TrueO False WILL MARK YOU BRAINLIEST!!!!!! do cars have locmotives why or why What is meant by the term resource mobilization? Q12. What thickness (in cm) is the silicon block (density = 2.13 g/cm3) that is 2.65 cmwide and long necessary to react with 88.3 g of Cr2O3 by the reaction:Si (s) + Cr203 (s) SiO2 (s) + Cr (1) Using the model of 3.33, how dose the 3 in the one place compare to the 3 in the place to its right Neither the magicians nor the fortune-tellers (know or knows) as many card tricks as Emma Ross.Which one? Help pls!ASAP!Ty!:> Women were asked to work in factories during World War I because? name two metals which are malleable or ductile Which of the following is the best example of militarism?A: England building a powerful navyB the French singing their national anthemC France's alliance with EnglandD the British teaching English in India The height of a small rock falling from the top of a 124-ft-tall building with an initial downward velocity of -30 ft/sec is modeled bythe equation h(t) = -16% - 30t + 124, where t is the time in seconds. For which interval of time does the rock remain in the air?Ot = 2-20t> 2