Answer:
free rider
False
Explanation:
✓Gilberto loves watching Downton Abbey on his local public TV station, but he never sends any money to support the station during its fundraising drives. Economists would call Gilberto ?
Answer:Free rider
Free rider can be regarded as a kind of market failure, this usually take place whenever people are enjoying the public resources, as well as services expect others to pay but himself doesn't pay or there is underpay.
✓The government cannot solve the problem caused by people like Gilberto?
Answer:TRUE.
The government cannot solve the problem since, it's local public TV station. The only way government can help is to pay and sponsor the show which can be achieved by tax revenue that government is collecting from the public.
✓The private market can solve this problem by asking people to send in $1 every time they watch Downton Abbey.
Answer: FALSE
The suggested ways by which the private market can help is to add "Commercial" into the program show then make people to watch, then through that commercial money will be generated.
Answer:
see below
Explanation:
1. In a monopoly, one firm dominates a large market. Only one seller is serving a large number of buyers. In a perfectly competitive market structure, many sellers are competing to sell to many buyers.
2. A monopoly has no competition for its products. There are no close substitutes, which leaves customers with no other option but to buy from the monopoly. In perfect competition, sellers sell identical products. There is stiff competition for the product being sold.
3. In a monopoly, there are strong barriers to entry and exit from the market. In a perfectly competitive market, restrictions on entry or exit are absent.
4. The price for a monopoly is always set above the average cost, while in perfect competition, the price set is equal to the marginal cost.
5. A monopoly has full control over its price and can offer different prices to different groups of customers. In a perfects competition, the firms cannot practice price discrimination because they have no control over prices.
A high school drop-out walks into a Coach store and sees how nice everyone there is dressed, where as she is wearing a crop top and ripped jeans with yellow mustard stains, she then feels uncomfortable and heads over to the restroom where she tries to hide the stains on her pants and tie her messy hair back
Incomplete question. The options;
A) Incorporate activities that directly involve the audience.
B) Explain how the information will help the audience.
C) Avoid jargon.
D) Compare unfamiliar concepts to familiar concepts.
Answer:
<u>C) Avoid jargon.</u>
Explanation:
Note, the term <em>"jargon"</em> basically refers to the use of highly complex or technical language in communication.
In this scenario, we observed that Adam did not take into consideration that the interns were<em> unfamiliar</em> with the complex terms he was using. Hence, an effective strategy he could have used in the above situation was to totally avoid the use of jargon in his communication with the interns.
Around 56 thousand and 65 thousand dollars, I think
