The term "efficiency" refers to the peak level of performance that uses the least amount ofinputsto achieve the highest amount of output. Efficiency requires reducing the number of unnecessary resources used to produce a given output, including personal time and energy. Efficiency is ameasurable c...
A. results in gains to the discriminating firm by selling to consumers with relatively inelastic demand. B. increases production closer to the quantity where price equals marginal cost. C. leads to a decrease in allocative efficiency. 相关知识点: 试题...
Which of the following is least accurate regarding the allocative efficiency associated with price discrimination? Price discrimination: A. results in gains to the discriminating firm by selling to consumers with relatively inelastic demand. B. leads to production where the sum of consumer surplus and...
(redirected fromAllocative efficiency) Also found in:Medical,Financial,Wikipedia. optimum allocation [′äp·tə·məm ‚al·ə′kā·shən] (statistics) A procedure used in stratified sampling to allocate numbers of sample units to different strata to either maximize precision at a fixe...
Allocative Efficiency—The Role of Human Capital 来自 ideas.repec.org 喜欢 0 阅读量: 65 作者: WE Huffman 摘要: I. Introduction, 59.—II. The model, 62.—III. Empirical analysis, 66.—IV. Further implications, 74.—V. Conclusions, 77.—Appendix: data and sources, 77. DOI: 10.2307/...
The main objective of this paper is to assess the impact of financial sector reforms/liberalizations on savings mobilization in Nigeria. Financial liberali... OE Orokduke,GA Ekott,BE Edu - 《Ssrn Electronic Journal》 被引量: 4发表: 2009年 The Allocative Efficiency of the Italian Banking Syste...
We opted for this specification of the model because we expect the carbon pricing mechanisms to have two important effects on the dynamics of electricity price. The first-order effect is that of increasing/decreasing the price/volume levels, thus impacting on the value of the constant term \(\...
36. In economics, the term ___ means “additional” or “extra”. A) allocative B) marginal C) equity D) optimal 37. Marginal analysis involves undertaking an activity A) until its marginal costs start declining. B) only when its marginal benefits are positive. C) until its marginal bene...
Representative Versus Direct Democracy: a Test of Allocative Efficiency in Local Government Expenditures The influence of government structure on the efficient allocation of public resources is examined A test developed by Brueckner is used to examine differen... SC Deller,DL Chicoine - 《Public Finance...
ALLOCATIVE EFFICIENCY AND THE SYSTEM OF ECONOMIC MANAGEMENT IN SOME SOCIALIST COUNTRIESNo abstract is available for this item.doi:10.1111/j.1467-6435.1974.tb01906.xJosefNewC.NewBradaNewJohn Wiley & Sons, Ltd.Kyklos