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2 years ago

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

Business

1 answer:

vovikov84 [41]2 years 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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Toyota is a Japanese company. Would a Toyota factory in Atlanta count as part of the United States' GDP? Why or why not?

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3 years ago

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What does "certified clean county" mean in Kentucky?

vichka [17]

A certified clean county is a name given to a county in county for <span>have to employ a solid waste coordinator with enforcement powers, maintain compliance with the county solid waste plan, agree to clean up and keep clean all open solid waste dumps in the county, to use all tools available under law.</span>

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4 years ago

If the wage rate paid per hour differs from the standard wage rate per hour for direct labor, the variance is a a.rate variance

kotykmax [81]

Answer:

a.rate variance

Explanation:

The labor rate variance arises when the rate is paid for the labor is different as compared with the standard rate

Also the variance could be favorable or unfavorable that based whether it is below the standard rate or higher standard rate as compared with the actual rate

hence, in the given situation, the correct answer is a. rate variance

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3 years ago

major differences between service companies and retail or manufacturing companies is that retailers and manufacturers must accou

VMariaS [17]

The main difference between service companies and retail or manufacturing companies is that retailers and manufacturers must account for;

Inventory and Cost of Goods

Inventory refers to the goods in stock which the business wishes to sell in order to make a profit from.

Retailers and manufacturers produce items that will be sold and these items need to be stocked somewhere till the need for them arises.

The same is not applicable to service companies because they do not have physical goods to sell.

Also, the cost of goods refers to the direct cost of producing goods. Since service companies do not produce goods, this is not accounted for.

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brainly.com/question/15015056

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3 years ago

Assume an increase in investment spending by $100, and a marginal propensity to consume (MPC) of 0.6. How much would GDP increas

maw [93]

Answer:

The increase in GDP is $250

Explanation:

The increase in investment spending = $100

Marginal propensity to consume = 0.6

Now we have to find an increase in the GDP after absorbing the $100.

Therefore, we need to find the multiplier by using the marginal propensity to consume.

Multiplier = 1 / (1-MPC)

Multiplier = 1/( 1- 0.6)

Multiplier = 2.5

The increase in GDP = increase in investment spending × Multiplier

The increase in GDP = 100 × 2.5 = $250

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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.