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Sati [7]
4 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]4 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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Brianna just started a new job that requires her to use texting to communicate with clients and coworkers. To display proper tex
qaws [65]

Answer:

c. avoid sending texts in public areas such as performance venues, restaurants, and meetings

Explanation:

Proper texting etiquette tells us that Brianna should keep her messaging at minimum when she is in public meetings, or when she is having a conversation face to face with someone. It is very rude to constantly interrupt a conversation in order to text.

5 0
3 years ago
Once a week, Smith purchases a six-pack of cola and puts it in his refrigerator for his two children. He invariably discovers th
MArishka [77]

Answer:

Jones purchases a six-pack of cola once a week for his two children, but unlike Smith, he tells them that each may drink no more than three cans.

Explanation:

Cost-benefit analysis is defined as a method to estimate all the costs involved and possible profits that can be achieved in a business opportunity.

Jones purchases a six-pack of cola once a week for his two children, but unlike Smith, he tells them that each may drink no more than three cans.

So, at Smith's house, there's always a chance that one of the siblings will drink the cola before the other.

Therefore,

cola can lasts much longer at Jones's house than at Smith's.

4 0
3 years ago
Crane Corp. financed the purchase of a machine by making payments of $30500 at the end of each of five years. The appropriate ra
boyakko [2]

Answer:

$128,477

Explanation:

Given that

Payment to finance for purchasing the machine = $30,500

Rate of interest = 6%

Future value of one for five periods at 6% is 1.33823

The future value of an ordinary annuity for five periods at 6% is 5.63709.

The present value of an ordinary annuity for five periods at 6% is 4.21236.

So by considering the above information, the cost of the machine is

= Payment to finance for purchasing the machine  × present value of an ordinary annuity for five periods at 6%

= $30,500 × 4.21236

= $128,477

6 0
3 years ago
The amount of mortgage a person is eligible for will be larger when:
Diano4ka-milaya [45]

The amount of mortgage a person is eligible for will be larger when there is lower interest rate.

<h3>What is a mortgage?</h3>

This refers to an agreement that exist between a lender and a borrower in which a lender can take over the borrower's properties incase of any default in payment.

A mortgage is like a loan, obtained by a borrower with a promise to pay at a future date.

Learn more about mortgage here :brainly.com/question/24732162

#SPJ1

6 0
2 years ago
Buying a Home Reading Quiz
Maru [420]
The answer is A , to always see who’s selling the property , Hope this helps
3 0
4 years ago
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