What does Extarnality mean?

Answers

Answer 1

Answer: Externality is divided into 2 parts:
External Cost or External Benefit.
It is either a cost or benefit incur to someone who did not choose to incur that cost or benefit
For eg:A stone crusher incur external cost which is pollution that affect people living nearby.

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50 points !!!!! Please help me!!! This is about Simple path to wealth by JL Collins
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Which statement best expresses the relationship between manufacturers and retailers?Select the best answer from the choices provided. Both compete against each other for consumers' attention and business. Both of them work together to attract consumers' attention and business. Retailers and manufactures are not allowed to work together by U.S. law. Retailers offer manufacturers deals to be allowed to sell their products.
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What is the best definition of an economic system? economy based on traditional production methods process by which people choose how to use limited resources in order to meet their needs government makes the best decisions

Answers

A process by which people choose how to use limited resources in order to meet their needs is the best definition of an economic system. The correct option among all the options that are given in the question is the second option. I hope that this is the answer you were looking for and it has helped you.

The answer is "process by which people choose how to use limited resources in order to meet their needs".

An economic system refers to an organized way by which a nation allocates assets and appropriates products and ventures over the entire country or a given geographic zone. It is incorporates the mix of a few organizations, elements, offices, basic leadership procedures and examples of utilization that make up the financial structure of a particular network. Hence it is a kind of social framework.

An economic system characterizes how every one of the elements in an economy cooperate. Characterizing them today is considerably more complicated than it used to be.

Central bank regulation of money supply and interest rates.a) gross domestic product

b) inflation rate

c) labor force

d) business cycle

e) recession

f) monopoly

g) fiscal policy

h) monetary policy

i) commerce

j) price fixing

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G j or fe I’m pretty sure?????

Entrepreneurs are visionaries who __________.

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organizes and operates businesses by taking great financial risks in order to do so.

(Hope this helps)

Which is an example of an economic factor that affects the business environment

Answers

Here are a couple of things hope they help

1.) Interest rates
2.) Taxes Inflation
3.) Currency
4.) exchange rates
5.) Consumer discretionary income
6.) Savings rates
7.) Consumer confidence levels
8.) Unemployment rate
9.) Recession
10.) Depression

You've found organically grown, purple tulips and have decided to add them to a delicate pear and butter leaf salad at the evening meal. How should you store them in the meantime? A. In the vegetable crisper, after you have washed them thoroughly
B. Between damp paper towels in an open plastic bag in the refrigerator
C. In water in a clean vase on your countertop
D. In a tightly sealed paper bag, without washing them

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The answer is B. because its the only won that would work to keep the flower from drying out

I'm 100% sure that it's b.

Which of the following is an example of the barter system

Answers

Barter system is a system of exchanging goods and services without using monetary currencies.

For example:
Farmer 1 has a cow and Farmer 2 has a chicken. Farmer 1 goes to Farmer 2 to barter with him. Farmer 1 offers 1 gallon of milk for one dozen of chicken eggs. Farmer 2 accepts the offer and goods are exchanged. That is a barter.

Answer:

in excange for rent you clean the ownsers house

Explanation:

Other Questions

In Country A, the production of 1 bicycle requires using resources that could otherwise be used to produce 11 lamps. In Country B, the production of 1 bicycle requires using resources that could otherwise be used to produce 15 lamps. Which country has a comparative advantage in making bicycles?

For a profit-maximizing monopoly that charges the same price to all consumers, what is the relationship between price P, marginal revenue MR and marginal cost MC?

Leona enters into a contract with munchies bakery to cater a sales conference. when the conference is postponed indefinitely, leona asks a court to cancel the contract and return the parties to the positions that they held before its formation. this request involvesa. an action that the court cannot order.b. specific performance.c. an injunction.d. rescission.

The ________ holds that the organization’s task is to determine the needs, wants, and interests of target markets and to deliver the desired satisfactions more effectively and efficiently than competitors in a way that preserves or enhances the consumer’s and the society’s well-being.