Market failure occurs whenever "free markets fail to distribute resources efficiently".
<u>Answer:</u> Option A
<u>Explanation:</u>
The free market is a supply and demand-based economic system, with minor or zero government control. Market failure take place on the failure of efficient resource distribution, because if the demand of public will not be met on time than self life of product start decreasing and consumers may find alternatives to fulfill needs.
The causes for free market failure may be resulted from following factors like:
- positive and negative externalities,
- environmental concerns,
- lack of public goods,
- under-supply of merit goods,
- over-supply of demerit products and
- misuse of monopoly power.
<span>An overgeneralization that obscures cultural difference within a group is a description of an ethnic gloss. An ethnic gloss gives a simple way to categorize a set of cultural groups into simple groups that relate to them. An example would be American Indians or Native Americans. By categorizing them through overgeneralization they can make a subgroup, a larger group than one that breaks down every small detail. </span>
If you had no knowledge of the subject then According to the American Academy of Pediatrics (AAP), children and infants are among the most susceptible to many air pollutants- this claim should be the most credible.
Option: 2
Explanation:
If a person do not have any knowledge about environment related matter but have to believe some stement only by some common sense then the given context that according to the American Academy of Pediatrics children and infants are among the most susceptible to many air pollution.
It is because children and infants have much less immunity power in comparison with adults. They are more prone to attack by diseases. Polluted air consists of harmful gases which affect child's health. As it is a report of doctor's organization that's why its reliable more.
Answer:
Proportion
Explanation:
Proportion refers to the scale of the element to the other in design. Proportion is used to set the standard in design in order to obtain the best result. the scale is the relation of the total size of any product with the other while the proportion is defined as the ratio of the size of one part of the object with the other.
