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eimsori [14]
3 years ago
9

Analyze how taxes or emissions standards could reduce the economic inefficiency that arises in a competitive market with a negat

ive externality.
Business
1 answer:
OverLord2011 [107]3 years ago
7 0
Let's analyze in the case of manufacturer's emission that cause polution

Usually, these pollution-producing companies are regulated to pay several amount of money in order to rehabilitate the environment that caused by their harmful material.

This is really inefficient , if they have to repair it, why allow them to destroy the environment in the first place ?

That's how emission standards could reduce the inefficiency
You might be interested in
Calculating Present Values. Suppose you are still committed to owning a $150,000 Ferrari (see Question 9). If you believe your m
luda_lava [24]

Answer:

All the options written are the steps involved in solving the problem. The formula that would be used is compounding formula because we have future value which is $150,000 and rate of return which is 10.25%. Furthermore, here n is 10 years time.

The formula is:

Future Value = Present Value * (1 + r)^n

$150,000 = Present Value * (1.1025)^10

$150,000 = Present Value * 2.6524

$150,000 / 2.6524 = Present Value

Present Value = $56553

So the amount that we should deposit in mutual funds today to buy Ferrari is $56553. The difference is due to rounding off.

3 0
3 years ago
Which of the following will NOT cause a shift in the demand curve for good X?
sammy [17]

Answer:

A. A change in the price of good X. 

Explanation:

A demand curve plots price against quantity demanded. A change in price causes a movement along the demand curve according to the law of demand which says an increase in price leads to a reduction in quantity demanded and a fall in price leads to a rise in quantity demanded.

If the price of a complementary good increases, the demand for good x would fall and the demand curve would shift leftwards.

If income increases, and good x is a normal good, the demand curve would shift to the right.

If a change in taste and preference is in favour for good x, more of good x would be demanded and the demand curve would shift to the right.

I hope my answer helps.

4 0
3 years ago
The automobile industry is dominated by a small number of very large producers who sell a differentiated product. The market str
Igoryamba

Answer:

oligopoly

Explanation:

Oligopoly -

It refers to the type of market framework , which includes the combination of small firms , is referred to as a oligopoly .

In this scenario the market is rules by these small firms.

Due to this type of marketing structure , there is lesser competitions and hence have higher price of the goods and services .

Hence , from the given information of the question ,

The correct framework of market is oligopoly .  

6 0
3 years ago
Open market operations refer to which action by a central bank?
Tom [10]

Answer:

O C. Buying and selling treasury securities

Explanation:

Through the Federal Reserve, the government employs monetary policy to influence the direction and speed of economic growth. Open market operations are part of the monetary policies. It entails the government buying or selling securities from commercial banks.

Monetary policies regulate the amount of money supply in the economy. When the government wants to increase the amount of money in the economy, it buys government securities from banks. The Fed deposits large sums of money to banks in exchange for the securities. The Banks lends the money to firms and households, therefore increasing money in the economy. The selling of securities by the Fed decreases the amount of money in the country.

3 0
3 years ago
Which company demonstrates the best strategy to help employees embrace diversity?
tiny-mole [99]

Answer:

The correct answer would be option E, XYZ Ltd informs every new employee that it is illegal to discriminate.

Explanation:

Diversity basically means to diverse. When people from different diversities work together, then that organization is said to be having a diversity in it. Diversity can be on the basis of culture, religion, ethnicity, race, social class, demographics, etc. Many people discriminate other people on the basis of their diversities.  So if a company wishes that its employees embrace diversity in the organization, then the best strategy would be to inform every single employee, plus all the new employees that it is illegal to discriminate. In this way, everyone will know that we have to respect people from different races, cultures, religions, etc, otherwise company can take the legal action.

8 0
3 years ago
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