Answer: They raise the cost of pollution to discourage it.
Explanation:
Under the market oriented approach the forces of demand and supply determine the optimum quantity of a good and the price at which the good must be traded. The price gives us information on the relative scarcity of the good. When pollution is free, businesses will produce a large amount of it. However, when market oriented approach is used, the demand for pollution coming from the society as a whole interacts with the supply of pollution created by the various business and consumption activities. The intersection of this determines the price for pollution and the optimum quantity of pollution. Thus, pollution is not free anymore, it has a cost which is the price of pollution. Thus, the market oriented approach increases the cost of pollution to reduce the level of pollution.
Answer:
I believe it may be C. Focusing on a product or services features instead of the benefits it offers to the customer.
Explanation:
The whole of a person's skills, knowledge, and other intangibles that can be used to create economic value for that person, their employer, nor their community is known as their human capital.
<h3>
Who or what is the employer?</h3>
A person who employs or places to work is known as an employer. An employer might be a company, institution, government body, agency, company, consulting firm, nonprofit organization, private firms, store, or individual.
<h3>Does 'employer' refer to 'job'?</h3>
The corporation that employs (hired) you and gives (paid) your wage is the employer; you are the employee. So, for instance, if you work at Apple, Apple is the name of your employer. You might even provide the name of the employer who knows you well.
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Answer: Option B
Explanation: In simple words, random walk hypothesis refers to the hypothesis which assumes that the change in the prices of security in the market takes place randomly and thus no possibility of future could be determined.
The followers of this hypothesis assumes the markets are efficient and all the information is depicted in the prices already.
Hence from the above we can conclude that the correct option is B.
Answer:
. the value of the production per hour worked has to increase.
Explanation:
Productivity is a measure of output generated from per unit of input. It is a measure of the efficiency of a machine, worker, system, or factory in converting inputs to desired outputs. Productivity is calculated by dividing the average output per period by the incurred input (labor, time, capital, material, energy).
For productivity to increase, the value of production per hour has to increase. The output per hour has to increase compared to the input used.