See also: Allocatively Allocative Allocate Allocation Allow Allotted Alloy Allocated Allotment Allowance Allowed Allopathic Allocution Allograft Allotrope Allogeneic Allodynia Allocating Allosteric Allosexual Allopatric
1. In a perfectly competitive market, firms are both Allocatively and productively efficient
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2. Monopolies, on the other hand, are not Allocatively and productively efficient because they overcharge and underproduce.
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3. A firm is producing the Allocatively efficient level of output if.
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4. Monopolies can increase price above the marginal cost of production and are Allocatively inefficient
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5. In monopolistic competition, when the Marginal Cost is less than the price per unit, the firm is considered Allocatively Inefficient.
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6. Which of the following will cause an unregulated monopolist to produce a more Allocatively efficient level of output? A subsidy that increase as output increases
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7. In this way, why is monopolistic competition Allocatively inefficient? A monopolistically competitive market is productively inefficient market structure because marginal cost is less than price in the long run.
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8. The firm produces the Allocatively efficient level of output
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9. The firm is Allocatively inefficient, because it produces an output level …
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10. Why are markets Allocatively efficient? (Pop-Up Quiz) How can we eliminate the disequilibrium ? How can we eliminate the disequilibrium? (Pop-Up Quiz) Price and Quantity Determination (Crack the Nut) Price Changes 3 Topics 4 Quizzes
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11. "An Allocatively efficient market is therefore one which has no imperfections." It is true that a perfectly competitive market (with no imperfections) will be Allocatively efficient (in the long run)
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12. However, a market with imperfections can be made Allocatively efficient i.e
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13. Monopolists are said to be Allocatively inefficient because: A
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14. Which option best describes Allocatively inefficiency in a market? a.Allocatively inefficiency occurs when there is disequilibrium in the market
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15. B.Allocatively inefficiency occurs when marginal cost of production is greater than marginal benefit
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16. C.Allocatively inefficiency occurs when marginal cost of production is less than marginal benefit.
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17. Allocatively efficient level of output in monopoly
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18. This situation occurs when a market is considered Allocatively efficient when economic surplus is maximized: a
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19. 12 A firm changes its objective from maximising profit to producing at the Allocatively efficient output
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20. An Allocatively efficient economy produces an “optimal mix” of commodities
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21. A firm is Allocatively efficient when its price is equal to its marginal costs (that is, P = MC) in a perfect market
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22. Also known as the Allocatively efficient level of output
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23. Oligopolists may be Allocatively and productively inefficient
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24. Oligopolies tend to be both Allocatively and productively inefficient
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25. Allocatively efficient nor productively efficient in the long run E
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26. Neither Allocatively efficient nor productively efficient in the short run; Both Allocatively efficient and productively efficient in the long run Answer Key 1
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27. *A firm can be productively efficient, but not Allocatively efficient
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28. Most-Allocatively-Efficient "Proximate Cause" Doctrine One Could Devise for an Otherwise-Pareto-Perfect World in Which Tort-Claim Processing Is Allocatively Transaction-Costly
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29. Oligopoly and Efficiency Oligopoly and Efficiency • Not productively efficient • Not Allocatively efficient • Tendency to share the monopoly profit 9
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30. The firm is always Allocatively efficient in the short run and in the long run, but it isn't necessarily productively efficient in the short run
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31. In the short interactive lessons below, drag the Allocatively efficient (blue dot) and the productively efficient (red dot) to the appropriate points on the graphs.
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32. 1 Answer to If the transit system was regulated to provide the most Allocatively efficient quantity of output, what output would it supply and what price would it charge? What subsidy would be necessary to insure this efficient provision of transit services?
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ALLOCATIVELY
Synonyms for allocative include distributive, apportionative, dispersive, disseminative, circulative, deliverative, diffusive and transmitive. Find more similar words at wordhippo.com!
The allocative function is the government's decision making regarding where funding from the government is spent-whether it's on military (which impacts related industries), social programs, or something else. The distributive function deals with the distribution of wealth.
Summary: Productive efficiency is concerned with the optimal method of producing goods; producing goods at the lowest cost. Allocative efficiency is concerned with the optimal distribution of goods and services.
Allocative inefficiency - Allocative inefficiency is a situation in which the distribution of resources between alternatives does not fit with consumer taste (perceptions of costs and benefits).