Externality An economic side effect of a good or service that generates benefits or costs to someone other than the person deciding how much to produce or consume. When the production or consumption of a good or service has an effect upon a third party. Failure of the market to achieve a social optimum where MSB = MSC
The answer is a)produce or consume
In English,
The
spirit of struggle can be utilized by being devoted, unified, faithful, and
everyone should sacrifice to develop and preserve the society in Malaysia. If everyone
has the same concept and will practice those traits Malaysia can be more progressive
and can be more productive either.
In Malay,
<span>Semangat perjuangan dapat dimanfaatkan dengan bersemangat, bersatu, setia, dan setiap orang harus berkorban untuk mengembangkan dan memelihara masyarakat di Malaysia. Jika semua orang mempunyai konsep yang sama dan akan mengamalkan sifat-sifat ini, Malaysia boleh menjadi lebih progresif dan boleh menjadi lebih produktif sama ada.</span>
Capitalism-an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state.
Communism-Communism, political and economic doctrine that aims to replace private property and a profit-based economy with public ownership and communal control of at least the major means of production (e.g., mines, mills, and factories) and the natural resources of a society.
Socialism- a political and economic theory of social organization which advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole.
Closely resembles socialism because socialism is public
Answer:
A student council approves vending machines in the cafeteria.
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