The answer is diminish economic growth.
- The lack of property rights will produce difficulties in the daily lives of the people, and they will not be rectified unless the government intervenes with some property rights, because everyone would grab the property with power because the property rights are not there to claim the rights.
- Negative growth is defined as a drop in a company's revenues or earnings, or a drop in an economy's GDP in any quarter. Negative growth is characterized by declining wage growth and a decline of the money supply, and economists consider negative growth as a precursor to a future recession or depression.
- Economists usually believe that four variables drive economic development and growth: human resources, physical capital, natural resources, and technology.
Thus this is the meaning of diminish economic growth.
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Answer:
If negative externalities pop up in a market, the equilibrium is higher than the efficient output.
Thus when it comes to the government rectification regarding the side effects of that commercial , activity, if the amount of bags is (1) then the new equilibrium would be: <em>p*= $17</em>
Answer:
B. A strategic action because such a large plant expansion will require a major commitment of resources.
Explanation:
There are two major forms of action in business decision making: strategic and tactical. Strategic action deals with decision that require major planning and investment of resource. Strategic actions have long term implementation and effect and are difficult to reverse.
Tactical actions, on the other hand, are flexible and involves actions taken on short term basis. Tactical actions are majorly bye-product of strategic decision.
On this note, Circus Aircraft`s decision to double its plant capacity over the next two years is a strategic action because such a large plant expansion will require a major commitment of resources. And the action will not easily reversible.
Other options in the question are not totally right.
Answer: e. Design analysis.
Explanation: Value engineering is defined as a systematic, organized manner of providing necessary functions in a project at the lowest cost possible thus promoting the substitution of materials and methods with cheaper alternatives, without the loss of functionality. Design analysis is a form of value engineering wherein several possible designs of a product or method is prepared, with each product/method having similar features with varying levels of performance and costs. It can be applied to any type of design both tangible and intangible and as a process, it includes all information discovery, planning and communications. It is focused solely on the functions of various components and materials, rather than their physical attributes.
<span>Communication is believed to be the foundation of covenantal relationships because it is the only way to share our ideas and our feelings with one another. In a relationship, two people work together to make the other better. Through difficult times and accomplishments the couple grows together and the goal is to make the other person a better version of themselves. Communication allows the couple to explore these moments fully so that they can each be understood and have the opportunity to understand.</span>