Answer:
Social Benefit / Positive Externality
Explanation:
Each economic transaction has benefits & costs to society.
Eg: Vaccinations purchase by patients- benefits patients by preventing them from a disease for which they pays monetary cost to the doctor, which is latter's income benefit.
However, these both are patient's & doctor's private benefit & costs.
Externalities imply extra harm or benefit to other un-indulged parties, without any monetary exchange for that harm or benefit. Socially Beneficial are positive externalities, Socially harming are negative externalities.
Eg - In this case, vaccination is the positive externality : It has extra benefit for other people who are less probable to transmitting illness, without having paid for that prevention in any way.
But, Individual consumers (here patients) & producers (here doctors) decisions are based on their private benefit & cost. So, consumers' (here patients') willingness to pay will depend only on their private benefit of disease prevention & ignore the extra social benefit from the positive externality vaccination - as society less illness probability.
Answer: coupon rate is greater than its yield to maturity
Explanation: This is because investors are interested in high yield and will not mind paying for it in other to get a higher payment from coupon.
Answer:
a. Ed is allergic to his roommate's cat.
Explanation:
In the case of coase theorem the economic conditions in which there is a conflict of proerty rights and the parties that are involved could bargain or negotiate the terms so this will correctly to be shown the complete cost also the values related to the property rights at issue that could result in the effecient outcome or result
So as per the given situation, the option a is correct
Answer:
The SEC is the correct answer
Explanation:
School is a drag
