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bekas [8.4K]
3 years ago
6

In a free-market economy, a product that entails a negative externality (additional social cost) will be

Business
1 answer:
Sveta_85 [38]3 years ago
5 0

In a free-market economy, a product that entails a negative externality (additional social cost) will be underproduced. A free-market economy is when the government has little or no restrictions and regulations on buyers and sellers in the market. They are essentially 'free' of all control and can base their inputs and outputs off of supply and demand. If there is a negative externality, then there too few items being produced in the economy.

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Answer:

The Answer is d. the tendency for project scope to keep getting bigger and bigger.

Explanation:

A scope  refers to all the work involved in creating the products of the project and the processes used to create them.

A scope creep refers to changes, continuous or uncontrolled growth in a project's scope, at any point after the project begins. This can occur when the scope of a project is not properly defined, documented, or controlled.

Hence the answer is d. the tendency for project scope to keep getting bigger and bigger.

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Answer:

True

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Answer:

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Therefore, if spending declines, the economy will self-adjust using flexible interest rates (interest rates should lower), flexible wages (wages should lower) and flexible prices (prices should lower) until the economy rebounds.

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