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kykrilka [37]
4 years ago
11

When a negative externality exists, external costs are necessarily greater than private costs.

Business
1 answer:
const2013 [10]4 years ago
5 0

Social costs are greater than private costs.

Option C

<u>Explanation: </u>

A negative externality happens if an individual or a company decides not to pay the full cost of the action. If a product has a negative externality, it costs society more than the customer spends.

If people have a share of the costs associated with the production of goods, negative externalities exist and have no influence over the associated production decisions.  

For example, because of expanded manufacturing practices in its vicinity, parents will have to pay higher healthcare costs associated with pollution-led asthma in their kids.

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Which of the following should NOT be discussed during safety training? A. Psychological factors that might contribute to an acci
Sedaia [141]
Psychological factors that might contribute to an accident
5 0
3 years ago
Implementing a marketing plan a. is the starting point of the marketing mix strategy to identify target markets. b. entails gaug
GalinKa [24]

Answer:

Letter a is correct. <u>Is the starting point of the marketing mix strategy to identify target markets.</u>

Explanation:

A marketing plan can be defined as a detailed document that contains the actions that a company must take to achieve its marketing objectives. Through this document, it is possible to carry out a planning for a product, service and brand.

The stage of implementing the marketing plan is the starting point for the company to outline specific marketing strategies, such as the marketing mix, which is a strategic tool used to achieve its marketing objectives in the target market.

The marketing mix model most used by companies is that of 4P: product, square, price and promotion, and for each of the variables there is a set of specific activities that integrated help to achieve objectives and goals.

Therefore, the implementation stage is extremely relevant for the company, it is necessary to adjust expectations in order to set real and possible goals to be achieved in a certain time, it is also important to assemble a team with qualified professionals for the execution of the plan, so that the actions correspond to the organizational values ​​and strategies. Communication is also essential for feedback, new ideas and suggestions.

It is important to note that a marketing plan is changeable, as several factors influence it to evolve and change, so it is necessary to have constant monitoring and evaluation, so that this is an effective strategy for the company.

7 0
4 years ago
Many cooks view butter and margarine to be substitutes. if the price of butter rises, then in the market for margarine:
Mkey [24]
The answer to this question is <span>both the equilibrium price and quantity will rise
For substitutes, the movement  of price usually really similar. In this case, when the price for butter rises, margarine suppliers will see this as an opportunity to increase the profit by also increasing  the price of their products which will also increase the quantity equilibrium</span>
6 0
4 years ago
According to the VRIO framework, to fully exploit the competitive potential of its resources, capabilities, and competencies, a
PtichkaEL [24]

According to the VRIO framework, to fully exploit the competitive potential of its resources, capabilities, and competencies, a firm must be organized to capture value.

A resource is useful if it enables a company to take advantage of an outside opportunity or counteract an outside threat.

The VRIO framework is an internal examination that aids companies in discovering the benefits and assets that offer them a competitive edge. The acronym for the many success metrics that apply to your organization is the VRIO framework. Value, rarity, copyability, and organization are all included.

Learn more about VRIO framework at brainly.com/question/26286846

#SPJ4

3 0
3 years ago
If a country produced nothing but 20 smartphones and 10 Blu-ray players in 2017, priced at $100 per smartphone and $200 per Blu-
Crazy boy [7]

Answer:

$4,000

Explanation:

The computation of the GDP i.e gross domestic product is shown below:

= Number of smartphones × price per smartphone + number of Blu-ray players + price of Blu-ray players

= 20 smartphones × $100 + 10 Blu-ray players × $200

= $2,000 + $2,000

= $4,000

We considered all the information that is mentioned in the question

3 0
3 years ago
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