Cabelaâs provides short-term salary replacement benefits for full-time employees who are unable to work due to a qualifying medical disability. Employees have additional benefits available for long-term disability coverage.
Allocative Inefficiency of a Single-Price Monopoly. 1  The difference between the value of a good and its price is consumer surplus. 2  A single-price monopoly restricts output and charges a higher price, reducing consumer surplus. 3  While the monopoly gets part of this reduction, another part is simply lost.
Such markets are allocatively efficient, as output will always occur where marginal cost is equal to marginal revenue (MC = MR). But perfectly competitive markets are not necessarily productively efficient as output will not always occur where marginal cost is equal to average cost (MC = AC).