1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
miv72 [106K]
3 years ago
11

If the production of oranges reduces global warming, then the equilibrium quantity of oranges will be_________the socially optim

al quantity. A. higher than B. lower than C. equal to D. more valuable than
Business
1 answer:
creativ13 [48]3 years ago
3 0

Answer:

B. lower than

Explanation:

As orange has a positive externality which cannot be included in the cost, the social optimal will be lower. That's because, neither the consumer will pay to benefit the entire society a higher price than their marginal utility or the producer produce when marginal cost exceed the marginal revenue

The government should try to subsidize the market to allow for a hiher quantity of organge an achieve the socially optinal quantity.

You might be interested in
Situation 22-4 Joe is the owner-operator of Joe's Haircuts Unlimited. Last year he earned $200,000 in total revenues and paid $1
prisoha [69]

Answer:

Economic profit= $25,000

Explanation:

Giving the following information:

Last year he earned $200,000 in total revenues and paid $125,000 to his employees and suppliers.

Job offer= $50,000 per year

The economic profit takes into account the opportunity cost of other options.

Economic profit= 200,000 - 125,000 - 50,000

Economic profit= $25,000

4 0
3 years ago
What is your favorite restaurant and why?
Shkiper50 [21]

Answer:

i dont knkw

Lamborghini

no

yes

Explanation:

Plz mark brainliest thanks

3 0
3 years ago
Read 2 more answers
Mike is driving over to his girlfriend's apartment and decides to buy some gum. He could stop in a gas station, go to any grocer
stepan [7]

Answer:

Intensive.

Explanation:

In this scenario, Mike is driving over to his girlfriend's apartment and decides to buy some gum. He could stop in a gas station, go to any grocery store, go to any discount store, or even buy some out of a vending machine. The reason Mike has so many options to buy gum is because chewing gum companies strive for intensive channel coverage.

An intensive channel coverage is a sales method which is typically focused on providing varieties of sales outlets or channels for customers to buy their desired products.

Companies operating under the intensive channel coverage, are usually aimed at saturating the market with their products, by using all available sales outlets.

<em>Hence, Mike had so many outlets where he could buy gum from because chewing gum companies strive for intensive channel coverage in order to reach out to potential customers. Other examples of companies that use the intensive coverage channel are cigarette, beer etc. </em>

5 0
3 years ago
How many calories per day would be need to allow a one pound increase in lean body weight per week during a resistance training
kari74 [83]
In order to add one pound a week, you need to approximately consume 500 more calories per day.
On top of that, you need to at least eat 1 gram of protein per your body weight, gradually increase the amount of resistance in your training and limit your cardiovascular activities to the minimum.
8 0
3 years ago
Read 2 more answers
A​ firm's marginal product of labor is 4 and its marginal product of capital is 5. If the firm adds one unit of labor but does n
marissa [1.9K]

Answer: C. use 0.8 fewer units of capital.

Explanation:

The Marginal Rate of Technical Substitution (MRTS) shows how much you can decrease capital or labor by in order to keep production constant if you increase either capital or labor.

It is calculated by the formula:

= Marginal product of labor  / Marginal product of capital

= 4 / 5

= 0.8

<em>The firm should use 0.8 fewer units of capital in order to maintain the same production level. </em>

7 0
3 years ago
Other questions:
  • What is the name of the smallest amount that can legally be paid to most workers for an hour of work?
    13·1 answer
  • A variable used to model the effect of categorical independent variables in a regression model which generally takes only the va
    12·1 answer
  • According to a summary of the payroll of Scotland Company, total salaries were $500,000. Assume that social security taxes are p
    9·1 answer
  • How much automation used to be in restaurant in 1950s?
    5·1 answer
  • prince is curently consuming some of good X and some of good Y. If good Y is a normal good for Prince, then an increase in his i
    13·1 answer
  • A basketball player is offered the following contract today, Jan. 1, 2012: $2 million immediately, $2.40 million in 2012, $2.90
    5·1 answer
  • In a Harvard Business Review article, consultant Ben Dattner emphasizes the importance of giving credit to others for their good
    7·1 answer
  • Terrance has to make home mortgage payments.What can you Most likely conclude about Terrence based on this fact?
    12·1 answer
  • Question 2 of 10
    11·1 answer
  • When freelancers sell to publisher the right to use a piece only once, and there is no guarantee that it has not been published
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!