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Fed [463]
3 years ago
6

A. Everyone benefits from street lighting, yet the marginal benefit to any one individual usually falls short of the marginal co

st.
B. This is an example of Individual actions that have side effects that are not properly taken into account by the market.
C. One party preventing beneficial trades from occurring in an attempt to capture a greater share of resources for itself.
D. Some goods unsuitable for efficient management by markets.
E. None of the above.

True of False
Business
1 answer:
Angelina_Jolie [31]3 years ago
7 0

Answer:

The correct answer is D. Some goods unsuitable for efficient management by markets.

Explanation:

In economics, the price system of a competitive market is capable of supplying all the goods and services of an economy. However, there are some situations where this is not possible, these are known as market failures.

For example, street light and a city's sewer are market failures. It is not profitable for a company to dedicate itself to lighting in the street, because it would invest a lot of money but nothing would come in and in the end it would fail. Therefore, the government is responsible for performing these tasks, covering market failures.

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Select all the correct answers.
makkiz [27]

Answer:

an increase in the number of goods produced

the creation of employment opportunities

Explanation:

The GDP value communicates the rate of economic growth in a country. An increase in GDP shows the economy is growing. The GDP value is calculated by adding all the values of new goods and services produced within the country.  An increase in the value of products and services produced results in an increase in GDP, indicating economic growth.

When businesses need to offer more goods and services, they require to hire additional workers to be engaged in production activities. Economic growth means more job opportunities are created.

3 0
3 years ago
What might cause a consumer to have an elastic demand for a product?
Mariana [72]
<span>D. The product is a necessity.</span>
3 0
4 years ago
Read 2 more answers
What are two reasons for converting a document or record into a digitized format?
Rom4ik [11]
Main reasons are...

first it will become cheaper as we convert it into digital form.

second it will be available for everyone easily !
4 0
4 years ago
You want to buy an annuity that will pay you $1000 per year for 20 years. You find an account that will pay 4% per year, compoun
tresset_1 [31]

Answer:

The amount to be deposited today = $13,590.33

Explanation:

<em>The amount to be paid for the annuity would the sum equal to the present value of the cash flow from the annuity.</em> The present value of an ordinary annuity is determined using the relationship below:

PV of annuity = A× ( (1-(1+r)^(-n) )/r

A- Annual cash flow

r- interest rate per annul

n- Number of years

PV- Present Value of annuity'

DATA

A-1000

r- 4%

n- 20

PV = 1,000 ×( (1 - 1.04^(-20))/0.04 =$13,590.33

The amount to be deposited today = $13,590.33

3 0
3 years ago
Describe the flow of budget data in an organization. Who are the participants in the budgeting process, and how do they particip
lutik1710 [3]

Budget information flows in two directions: up and down. The initial flow should be from the bottom of the tissue to the top. The person responsible for income or expenses should create budget data to measure final performance. Once budget data is communicated to upper management, higher-level management should review the budget for consistency with the overall goals of the organization and the plans of other departments within the organization. All issues should be resolved through discussion between the person who created the budget and their manager.

All levels of the organization should be involved in the budgeting process, not just management and accounting. Lower levels are generally familiar with detailed day-to-day operational data and therefore have primary responsibility for formulating budget details. The top management level should have a better overview of the company's strategy.

Learn more about the budget at

brainly.com/question/6663636

#SPJ4

3 0
2 years ago
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