Answer:
Research and development (R&D) conducted by a company can be a positive externality. R&D increases the private profits of a company but also has the added benefit of increasing the general level of knowledge within a society. Similarly, the emphasis on education is also a positive externality.
Explanation:
Choosing a beautiful design for a building will give benefits to everybody in society. Education or learning new skills. With better education, you are more productive and can gain more skills. But, also the rest of society benefits from your new skills
I may know some of the answers but its to much that I cant guess all of them. Sorry!
Answer:
The annual financial advantage is $147000
Explanation:
Answer:
17 cakes
Explanation:
we need to find the expected demand
15 cakes x 10% = 1.5
16 cakes x 20% = 3.2
17 cakes x 25% = 4.25
18 cakes x 20% = 3.6
19 cakes x 15% = 2.85
20 cakes x 10% = 2
total = 17.4, so we must round down to 17 cakes since we cannot purchase or resell parts of a cake
Exchange
<span>Exchange is simply the act of the of giving and receiving between two individuals or two groups. A trade is a typical example of an exchange.
For instance, if a farmer gives a fixed number of eggs to another farmer for a
fixed quantity of cow’s milk, this is an exchange. Similarly, if a house guest offers to cook and
clean in return for free accommodation, this is an exchange. </span>