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Sati [7]
3 years ago
10

When an externality is present, the market equilibrium is a. efficient, and the equilibrium maximizes the total benefit to socie

ty as a whole. b. efficient, but the equilibrium does not maximize the total benefit to society as a whole. c. inefficient, but the equilibrium maximizes the total benefit to society as a whole. d. inefficient, and the equilibrium does not maximize the total benefit to society as a whole.
Business
1 answer:
Evgen [1.6K]3 years ago
3 0

Answer:

D. inefficient, and the equilibrium does not maximize the total benefit to society as a whole.

Explanation:

Externalities are benefits or costs incurred by an unrelated third party when a good or service is produced or consumed. Also, we know equilibrium to be the balance between buyer's benefits and producers cost, that is, when demand equals supply.

Now, the presence of externalities in a market equilibrium causes inefficiencies. This occurs when a product equilibrium price does not accurately reflect the true benefit or cost of that product. This exposes the equilibrium as flawed thus rendering it inefficient. This results in individual actors of the economy making decisions on aim of earning benefits which ends up making everything worse for everyone thus, not maximizing total benefits to everyone as a whole.

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The environment of business impacts all of the other environmental influences
bija089 [108]

Explanation:

The global environment affects all of the other environmental influences such as the economic, legal, and social environments because: the increase in free trade among nations and technological changes have created globalization and increased competition.

hope it will help you

7 0
1 year ago
The United States and many other countries often impose trade sanctions on other countries. These sanctions A. tend to decrease
Pavel [41]

Answer:

The correct answer is option D.

Explanation:

Sanctions can be defined as penalty levied on other countries or citizens of other countries. There are a number of trade sanctions such as

  1. Tariffs
  2. Quotas
  3. Non-tariff barriers
  4. Embargoes

These trade sanctions affect both the sanctioning country as well as the sanctioned country. The imposition of trade sanctions on a country affects exports of the country. As the producers are able to supply less, there will be a reduction in producer surplus.

The imports for the consumers in the sanctioning country will decline. There will be less choice for them. This will cause a reduction in consumer surplus.

6 0
3 years ago
The bulk of evidence suggest that_______.
VashaNatasha [74]

Answer:

C

Explanation:

I’m not sure tho

3 0
2 years ago
In a bottle-manufacturing company, employees were divided into two teams, hoping to increase production by fostering competition
dalvyx [7]

Answer: synergy

                             

Explanation:   Synergy refers to the idea that the total value and output of two groups of individuals should surpass the total of that same individual components.

Synergy is really a concept most frequently used within mergers and acquisitions (M&A). Synergy is most often a driving factor underneath a merger, or the possible financial gain gained through the combination of businesses.

Stockholders will profit if, owing to the synergistic impact of the transaction, the post-merger stock price of a corporation rises. The projected savings gained through the merger can be linked to various factors such as higher revenues, shared expertise, and innovation, or reduced costs.

6 0
3 years ago
Ea games is a video game development company. The creation of their video games require ideation, design and development before
borishaifa [10]

Answer:

The answer is the testing process is a significant part in game development. as it gives an overview of the query and correction that needs to be done in order to make a game more effective.


Explanation:

The testing process is a crucial part of game development. as it gives an overview of the problem and modification that needs to be done in order to make a game more effective enjoyable error-free and productive. the problem arises when the test department finds a critical bug and cannot proceed further until it has been fixed. this change could potentially impact the entire game and the testing team has to completely redo all their testing which results in an extension in the release date and adds to the production cost. the data system is a systematic and organized way that will definitely help ea sports to organize and analyze the data in a better way. it will make the communication process more effective and will prove to be a boon for the company. reducing the cost and saving time.

3 0
2 years ago
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