Answer:
. firms in the market produce the socially optimal level of pollution
Explanation:
Externality is when the activities of economic agents affect third parties not involved in production or consumption.
Negative externality is when the marginal social cost is greater than the marginal social benefit. In this case, firms in the market produce too much pollution and society's well-being can be improved if the quantity of pollution decreases.
Postive externality is when the marginal social benefit is greater than the marginal social cost. In this case, firms in the market produce too little pollution.
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Answer:
b. the degree of interactivity via the app between McHenry and OneWorld
Explanation:
Zippo sliding scale is used to assess the problem of deliberate availability when the contacts of the defendant are based on Internet behaviour.one of the things it measures is the degree of contact.q
Answer:
Regional Production
Explanation:
Juggernaut, Inc. can manufacture its bulk products by region, that way the distance to each selling point is less and the costs are lower.
Answer: 0
Explanation:
Firstly, we will calculate the nominal value in 2015 which will be:
= $500 x 1 million
= $500 million
The nominal value in 2016 will be:
= $1000 x 1 million
= $1 billion
Real GDP will be the price of the base year multiplied by the quantity of the current year which will be:
= $500 million x 1 million sets
= $500 million
Therefore, the increase in real GDP is zero.
