Allocative efficiency, Microeconomics

Allocative Efficiency

The production of products and services such that stages of production are closely tied to levels of customer demand.

Posted Date: 10/15/2012 2:20:16 AM | Location : United States







Related Discussions:- Allocative efficiency, Assignment Help, Ask Question on Allocative efficiency, Get Answer, Expert's Help, Allocative efficiency Discussions

Write discussion on Allocative efficiency
Your posts are moderated
Related Questions
Assume there is a remote area in china with high population.The area is composed exclusively of apartments and is populated by low-income residents .The people tend to stay in that

demand for two market are P1=15-Q1&P2=25-Q2.the monopoly TC is C=5+3(Q1+Q2).What are ,output,profit&MR if the monopolist can price disc? riminate

Which element of the periodic table has the most characteristics and is used in everyday life?

Corporatism: A system for managing income distribution andwage determination, in that wage levels are determined centrally (across industries or even whole countries) on the founda

I have some Microeconomics problem need to be solve, three Long question and 10 multiple-choice. If I give you four hours can you finish.

VIVIDLY EXPLAIN WHAT THE RAWLSIAN SOCIAL WELFARE ENTAILS

1) A) Suppose that several months of data showed the CPI increasing at a 4.5% annual rate due largely to increases in the price of energy and food related commodities following sev

using the indifference curve approach explain why the demand curve slope downwards from left to right...... is there any exceptions?

Business Meeting Etiquette: Before meetings, the correct way to arrange a meeting is to take an appointment 3 to 4 weeks before, even though it is known that generally gatherings w

Suppose a banking system with the following balance sheet has no excess reserves. Assume that banks will make loans in the full amount of any excess reserves that they acquire and