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Dmitriy789 [7]
1 year ago
15

the benefit enjoyed by a third party that is not directly involved in the production or consumption of a good or service is call

ed: multiple choice question. marginal benefit. a positive externality. an externality. a negative externality. marginal cost.
Business
1 answer:
Snezhnost [94]1 year ago
8 0

The benefit enjoyed by a third party that is not directly involved in the production or consumption of a good or service is called externality.

What does the term externality mean?

Externalities are situations when the production or consumption of products and services has an impact on other people that results in costs or advantages that are not accounted for in the pricing charged for the goods and services being offered.

What impact do externalities have on the economy?

When people, households, and businesses fail to internalise the indirect costs or advantages of their economic interactions, externalities pose serious issues for economic policy. Inefficient market outcomes are the result of the resulting wedges between social and private costs or profits.

To know more about externality, click here- brainly.com/question/477170

#SPJ4

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Small athletic shoe manufacturers such as Vans target niche markets and make shoes designed to satisfy the needs of different sp
sergey [27]

Answer:

The correct answer is Market Segmentation.

Explanation:

Market segmentation is the division of the target audience of the company into groups or subgroups. Through market segmentation, the company can adapt its sales campaigns and marketing strategies to specifically target the identified segments.

Most businesses are unable to serve the entire market, so they must identify where they can sell their products better. A business, such as a shoe store, will do research in the shoe market. They will segment their market into groups such as:

  • Age
  • Sex
  • Income level
  • Geographic area
  • Lifestyle

With market segmentation the store owner will know what merchandise to take to the store. If the immediate area is populated by women under 30 who work in financial services, the owner will have office-type merchandise to attract sales. Management will make announcements in local newspapers and on the radio, appealing to demographics and perhaps giving the store a change of facade.

7 0
4 years ago
Actual payroll posts simultaneously as a commitment, obligation, expense, and disbursement (COED) by means of a Journal Voucher
Zolol [24]

Answer:

a. True

Explanation:

A Journal Voucher is a Upload Program is mainly used to upload a lot of Journal Vouchers with the multiple line items.

The GFEBS is a ERP system or a enterprise resource planning system which is web based. The actual payrolls posts simultaneously as the commitment, obligation, expense and disbursement code by means of the transaction code FB50.

5 0
3 years ago
If the economy is on the production possibilities frontier, which of the following might allow the economy to increase its capac
sammy [17]

Answer:

The Correct Answer is A

Increase consumption and decrease government spending

Explanation:

In macroeconomics, the PPF is the tip at which a nation's economy is most efficiently manufacturing its multiple services and goods, therefore designating its sources in the best means possible.

In a market report, the production possibility frontier is a curve representing the different amounts of two commodities that can be created both depend on the same measurable resources.

4 0
3 years ago
Suppose that flu shots create a positive externality equal to $8 per shot. Further suppose that the government offers a $11-per-
Ede4ka [16]

Answer:

The answer is: the equilibrium quantity is larger than the socially optimal quantity.

Explanation:

In order for the equilibrium quantity and the socially optimal quantity to be equal, the government subsidy should have been equal to the positive externality created by the flu shots ($8).  Since the government subsidy is larger, $11, then the equilibrium quantity will be higher (more flu shots supplied because of high subsidy).

4 0
4 years ago
Which of the following is NOT be a warning sign of a scam when buying a car or other big purchases?
givi [52]

Answer:

D. A price that fits comfortably in your budget

4 0
4 years ago
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