All categories

3 years ago

An automobile company shuts down a factory, forcing hundreds of workers into unemployment. the positive externality is that the

1 answer:

3 0

<span>An automobile company shuts down a factory, forcing hundreds of workers into unemployment. The positive externality is that the workers will enter school to train for a new career.
Education and training is considered as a positive externality. When people are educated and trained, they will get more opportunities for employment. </span>

You might be interested in

Cotton Brokers, Inc., enters into a contract to sell denim clothing to Delite Natural Fashion store, which in turn sells a pair

sergiy2304 [10]

Answer:

Explanation:

In comparison to standards that apply to consumers, the UCC imposes on merchants Special business standards.

3 0

3 years ago

A monopoly market is characterized by the inverse demand curve P = 1,200 – 40 Q and a constant marginal cost of $200. If the mar

Sergeeva-Olga [200]

Answer:

The profit maximizing output level declines by 2.5 units and the price rises by $100.

Explanation:

In a monopoly market the inverse demand curve is given as,

P = 1,200 - 40Q

The marginal cost of production of the last unit is $200.

The total revenue is

= $Price\times Quantity$

= $1,200Q - 40Q^{2}$

The marginal revenue of the last unit is

= $\frac{d}{dx} TR$

= 1,200 - 80Q

At equilibrium the marginal revenue is equal to marginal price,

MR = MC

1,200 - 80Q = 200

80Q = 1,000

Q = 12.5

Putting the value of Q in the inverse demand function,

P = $1,200 - 40\times 12.5$

P = $700

Now, if the marginal cost rises to $400,

At equilibrium the marginal revenue is equal to marginal price,

MR = MC

1,200 - 80Q = 400

80Q = 800

Q = 10

Putting the value of Q in the inverse demand function,

P = $1,200 - 40\times 10$

P = $800

4 0

3 years ago

Which of the following statements about the role of institutions in economic growth is TRUE and which of the following statement

ki77a [65]

Answer:

Explanation:

(a) Expropriation has Truly been a major concern for the Government through out the globe, as the when an entity or body which is supposed to work for the good of the poor people by making use of the Government property starts dealing in illegal ways to grab it as private or work on other properties which are private in nature,

b) The European invasion of the many countries across the globe had initially been to gain ,more and more wealth and power through business.

However, it is true that the quality of the institutions colonized by the Europeans is related to whether the climate or the diseases in the colonized regime allowed the European settlers to live in those areas.

(c) It is true that the low quality institutions make it difficult to protect property rights and enforce contracts. The rights of the people are all dependent on how the State allows the people to enjoy them.

(d) It is true that the low-quality institutions are central to the theory of poverty traps that states that countries need a big push to felicitate convergence in living standards to the developed world.

8 0

3 years ago

What are blueprints?

Pepsi [2]

answer:oa.

Explanation:

its just oa its the definition

3 0

3 years ago

When you purchase a book on Amazon, you generally have two choices: Buy it directly from Amazon, or purchase it through Amazon b

VLD [36.1K]

Answer:

Business to business(B2B), Business to business(B2B)

Explanation:

B2B companies are supportive enterprises that offer the things other businesses need to operate and grow. It is a business transaction that take place among two business owners where one offers his platform to push the product of the other in return for a commission or certain percent cut.

7 0

3 years ago