In order to satisfy as many wants as possible, it is necessary to achieve allocative efficiency, Group of answer choices since otherwise resources are idle. since it would be impossible to produce more of one thing without producing less of another. since otherwise output may go to where it is less valued. since otherwise cost are not minimized.

The uptowner just paid an annual dividend of $4.12. the company has a policy of increasing the dividend by 2.5 percent annually. you would like to purchase shares of stock in this firm but realize that you will not have the funds to do so for another four years. if you require a rate of return of 16.7 percent, how much will you be willing to pay per share when you can afford to make this investment?

Alaska king crab fishing in the 1960s and '70s was a dangerous but rich fishery. boats from as far away as california and japan braved the treacherous gulf of alaska crossing to reach the abundant king crab beds in cook inlet and bristol bay. suddenly, in the early 1980s, the fishery crashed due to over fishing. all crabbing in those areas ended. to this day, there is no crabbing in bristol bay or cook inlet. a. how would an economist explain the decline of the alaska king crab fishery

The answer here, x=7, is not in the interval that you selected in the previous part. what is wrong with the work shown above?