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1 year ago

In order to overcome the interest groups often provide to their members.

Business

1 answer:

vovikov84 [41]1 year ago

5 0

In order to overcome the free-rider problem interest groups often provide selective benefits to their members.

The free-rider problem is a problem in economics. it is considered an instance of a market failure. this is, it's far an inefficient distribution of goods or offerings that happens when a few people are allowed to consume extra than their honest proportion of the shared useful resource or pay much less than their honest percentage of the charges.

The free-rider problem is a monetary idea of a market failure that happens whilst humans are taking advantage of sources, goods, or offerings that they no longer pay for. If there are too many free riders, the sources, goods, or services may be over-provided. consequently, this will create a loose rider problem.

The free rider problem may triumph over thru measures that make sure the users of a public accurate pay for it. Such measures encompass government moves, social pressures, and gathering bills—in particular conditions wherein markets have located a way to do so.

Learn more about the free-rider problem here:-brainly.com/question/25800077

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Suppose the government applies a specific tax to a good where the demand elasticity, E, is -1.4, and the supply elasticity, n, i

VMariaS [17]

Answer:

The correct answer is option D.

Explanation:

The demand elasticity is -1.4.

The supply elasticity is 1.2.

Since the demand is elastic, the imposition of tax will not be profitable for the government.

The imposition of tax will increase the price of the good, this will decrease the demand for good, thus the revenue will decrease.

The tax incidence on consumers

= E (supply) / (E (demand)) + E (supply)

= $\frac{1.2}{1.2 - 1.4}$

= $\frac{1.2}{-0.2}$

= -6

4 0

2 years ago

What does the slope of the production possibilities curve represent? (1 point)

seropon [69]

The slope of the production possibility curve represents the opportunity cost of producing one good instead of the other.

<h3>What is the production possibility curve?</h3>

This is a curve that is used to illustrate the maximum output that can be produced of two goods when we use a minimum number of input.

This curve shows the different combinations of the input that would be used to get the required output.

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2 years ago

What is the best car in the market? How much is it?

seropon [69]

is this car good for you, because it really matters on what you like

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2 years ago

Kelley Company and Mason Company each have sales of $200,000 and costs of $140,000. Kelley Company's costs consist of $40,000 fi

nikklg [1K]

The firm that would suffer the greatest decline in profits if sales volume declines by 15% is Mason Company.

The cost of a company is made up of fixed cost and variable cost. Fixed cost is the cost that does not vary with output of the company. It remains fixed no matter the level of output. An example of fixed cost is rent. Variable cost is the cost that varies with output. If output increases, variable cost increases and if output falls, output decreases.

If sales volume decreases, the output of Mason Company would decline more compared with the output of Kelley company because it has a higher fixed cost. So, we when sales reduces, its cost would would not reduce as many as the cost of Kelley company.

To learn more, please check: brainly.com/question/13059508

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2 years ago

A logo and/or the business or organization's name generally appears at or near the ____ corner of a webpage to help visitors ide

Oksana_A [137]

The answer to this question is Upper-left
The creator of a website will generally want that the visitors wanted to know who are responsible in making the content.
Because of this, they usually put their name on the upper left because most people will start reading a page from that spot

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3 years ago

In order to overcome the ________ interest groups often provide ________ to their members.

In order to overcome the interest groups often provide to their members.