If the government intervenes and corrects the externality in the situation described above, the expectations are
the output of the paper mills to increase. The price of paper from the mills to decrease. Production of the hydroelectric power plants to decrease. production in the paper mills to decrease.
Answer: Option (D).
Explanation: Uncertainty is a condition where there is no knowledge about the future events. The key difference between risk and uncertainty is that uncertainty refers to not knowing possible outcomes or their probabilities while risk can be measured and quantified, through theoretical models. Risk is the potential for uncontrolled loss of something of value while Uncertainty is a potential, unpredictable, and uncontrollable outcome, risk is an aspect of action taken in spite of uncertainty.
Answer:
In Judaism, "chosenness" is the belief that the Jews, via descent from the ancient Israelites, are the chosen people, i.e. chosen to be in a covenant with God
Explanation:
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The primary accomplishment of the First Continental Congress was a compact among the colonies to boycott British goods beginning on December 1, 1774 unless parliament should rescind the Intolerable Acts. Committees of observation and inspection were to be formed in each Colony to ensure compliance with the boycott.
