Answer:
The statement is: True.
Explanation:
Externalities are described as the effect of the actions of one party that influence directly in other individuals even if those other individuals have nothing to do in the operations of the first party. Externalities can be positive when they benefit the uninvolved individuals or negative when the externality affects them.
There are several types of externalities such as <em>technological, pecuniary, symmetric, asymmetric, transferable, depletable, non-depletable </em>and <em>transnational. </em>
Asymmetric externalities are those where the party causing the externality is not affected by its actions. It opposes symetric externalities which are those where the economic agent is directly affected by its own actions.
Answer:
Variance of the return = 0.01983
Explanation:
= Σ
/ N - 1
Mean return = 17.88% + -5.16% + 20.39% = 11.0367%
Variance = [(17.88% - 11.0367%)2 + (-5.16% - 11.0367%)2 + (20.39% - 11.0367%)2] /(3 - 1)
Variance = [0.004683 + 0.026233 + 0.008748]/2
Variance = 0.01983
The benefits of renting include:<span>Financial flexibility. Think of a ocean liner and a speedboat. ...Financial stability. ...Career flexibility. ...Low maintenance costs. ...No market risk. ...You don't pay taxes or insurance directly. ...No cash outlay required. ...<span>Some bills are included in the rental price</span></span>
Answer:
professionally managed and centrally coordinated marketing channels.
Explanation:
Marketing can be defined as the process of developing promotional techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers through advertising and market research. Thus, it comprises of all the activities such as, identifying, anticipating set of medium and processes for creating, promoting, delivering, and exchanging goods and services that has value for customers. It typically, involves understanding customer needs, building and maintaining healthy relationships with them in order to scale up your business.
Vertical marketing systems used as a promotional and sales technique of goods and services by various business firms are best described as professionally managed and centrally coordinated marketing channels.
Answer:
Anyone who is injured by a defective product may sue the manufacturer, merchants and all others who handled the product.
Explanation:
Strict liability is a legal doctrine that holds a person responsible for the damages or loss caused by his or her acts or omissions. In torts, strict liability is the doctrine that imposes liability on a party or person without a finding of fault. A finding of fault would be negligence or tortious intent.
Strict liability is an important factor in maintaining safety in high-risk environments by encouraging individuals, employers, and other parties to implement the means to prevent injuries and damages. Construction, manufacturing, and other potentially dangerous work settings are typically subject to strict liability.
