Standing.
In order to bring a lawsuit, you must be able to show how you are connected to/harmed by the person or company you are suing. This is known as standing.
to have food in case imports are cut off. ... What is one reason European government protect the growing of food with subsides even though food would be cheaper? ... What to do if your finches build a nest in the food dish even though they already made one ... What are some reasons that healthy food should be cheaper? -A
Private costs and external costs are separated by economists. Private expenses are those incurred by the company manufacturing the item. Someone not connected to the transaction is responsible for external expenses. The contrast between private and external advantages is the same.
<h3>What do you mean by private costs?</h3>
Any expense that an individual or business incurs to purchase or create products and services is referred to as a private cost.
This covers the price of labor, supplies, equipment, and everything else that an individual or business pays for.
Any adverse impacts or injury brought on as a result of the production are not included in the private cost.
Driving a car has several personal expenditures, including gasoline and oil, maintenance, depreciation, and even the amount of time the driver spends behind the wheel.
Private expenses must be considered when making decisions about production and consumption since they are paid for by the company or the customer.
To learn more about private cost, refer to the following link:
brainly.com/question/24188698
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The correct answer to this open question is the following.
Although there are no options attached, neither a case nor example for reference, we can comment on the following.
If management decides to buy the cupholders from outside suppliers rather than to continue making the part, the annual financial advantage would be that the company will save on fixed costs, the ones implied on hiring and paying people their salaries to produce the cupholders on a monthly basis. Also, the costs of machines to fabricate them.
That is why companies have to smartly decide about the so-called "make-or-buy decision." The best recommendation to make the correct decision is to apply a quantitative analysis.
