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Q: Describe the concept of market efficiency what are the three different levels of market efficiency?
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How does inequality affect democracy in America?

People with different levels of wealth in the United States have different levels of ability to influence the political system and different levels of ability to increase their own economic stature. As a result, without a counterbalance, the wealthier individuals will have an unequal ability to influence policy and to draw wealth out from the poorer population.


How would you describe total fixed costs?

Total fixed costs do not vary as volume levels change within the relevant range.


The quantity of output supplied at different price levels is represented by the?

aggregate supply curve


Which key concept and topics in the course have made you stronger candidate to enter the business world?

I would hope that my abilities thus far shown have demonstrated not only my keen strength in this field, but also the potential for further growth, perhaps even to exponential levels.


What is Taylorism in economics?

Taylorism is a method of scientific management devised in the early 20th Century by Frederick Taylor. Taylor sought the conditions that ensured the highest levels of productivity and efficiency in the factories. The factors involved included worker happiness for optimal work, division of labor, energy expenditure, time wasted, and the concept of piecework.This system was adopted by Ford (alternatively called Fordism), among other companies, in order to increase output. After applying Taylorism on the production floor of the Model T, the car became the most popular in the US in the 1920s while workers wages increased.

Related questions

Describe how information system serve different levels in organisation?

Information is needed for decision making at all levels of management.Managers at different organizational levels make differenct types of decisions, control different types of processes, and have different information needs.Three classical levels of management include:strategictactical (middle)operational.


What typeof merger does the passage describe?

A merger is when two companies are selling different produces. It happens when the companies are on different levels.


What is efficiency management?

Efficiency management can be defined as the control of the output or productivity levels. Each company aims to have optimal productivity and thus has to manage efficiency.


How person centred approaches can support an individual with dementia at different levels of ability to eat and drink?

describe how person centred approach can support an individual with dementia at different levels of abilty to eat and drink


Explain what would happen to CO2 and nox if the co levels were high?

CO2 levels would go down because CO2 is an efficiency indicator and high co levels means it would be a rich condition so efficiency would be low and in a rich condition nox goes down


Why does productivity diminish with increase trophic levels?

Due to poor trophic transfer efficiency, most energy is lost at higher trophic levels.


Suppose you're studying levels of job stress and measures of job efficiency in a nursing home Which one of the following statements best represents a data comparison that demonstrates a positive corr?

Suppose you're studying levels of job stress and measures of job efficiency in a nursing home, as job efficiency increases, stress levels decline is the statement that best represents a data comparison that demonstrates a positive corr?


Why different skin areas may have different ph levels?

Different parts of the skin tend to have different acidity levels which is why the ph levels change.


How has control software improved the efficiency of washers and dryers?

optimized wash and dry cycles for different types of laundry, adjusted temperature and water levels during a cycle, and allowed machines to talk to users


Describe the levels of organization of an organism that lives in your biome?

No


How many levels of hell are mentioned in the Bible?

The Bible does not specify a specific number of levels of hell. The concept of hell in the Bible is primarily described as a place of punishment and separation from God, without explicitly mentioning multiple levels. Different interpretations and traditions have developed varying ideas about levels or compartments within hell.


Who came up with the concept of energy levels?

it was by a scientist called Bohr