1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Artist 52 [7]
4 years ago
6

If the marginal social benefit (MSB) is greater than the marginal private benefit, the market outcome is___________.A. efficient

, producing the appropriate amount of the good.B. inefficient, producing too much of the good.C. inefficient, producing too little of the good.D. efficient, implying that there is no role for government involvement.
Business
1 answer:
Yuki888 [10]4 years ago
5 0

Answer:

The correct answer is option B.

Explanation:

If the marginal private benefit is greater than the marginal private benefit, this indicates there is a positive externality in the market. The production of the good in this situation is inefficient.  

The government needs to intervene and reduce production as too much good is being produced.  

The government can correct the externalities by providing subsidies or grants to the producers.

You might be interested in
Real per capita GDP in Singapore in 1960 was about $450, but it doubled to about $900.00 by 1977. a. What was the average annual
aleksandrvk [35]

Answer:

4.16%

Explanation:

to calculate Singapore's economic growth rate we can use the future value formula (we could also use the rule of 72 but it is not very exact):

future value = present value x (1 + r) ⁿ

  • future value = 900
  • present value = 450
  • n = 17
  • r = ?

900 = 450 (1 + r)¹⁷

(1 + r)¹⁷ = 900 / 450 = 2

1 + r = ¹⁷√2 = 1.0416

r = 1.0416 - 1 = 0.0416 or 4.16%

6 0
3 years ago
Which of the following fundamental archetypes of leadership is most likely to take risks and action in a crisis? a. The Visionar
tankabanditka [31]

Answer:

The warrior-knight archetype

Explanation:

The idea of an archetype occurs Throughout fields relevant to actions, historical psychology philosophy, and literature research.

The Warrior-Knight stereotype applies to a ruler, who goes against the opponent and directs change, as per the basic leader archetypes.

warriors also posses great leadership qualities with great might.

7 0
3 years ago
Why do Marketers use perceptual maps as a means to display or graph in two dimensions the location of products or brands?
malfutka [58]

Answer:

Explanation:

The main reason for this is to try and position their brand or product in the best way possible within the market. Perceptual maps allow marketers to see how individuals are perceiving the competitive brands as well as their own brands, the markets use this information to determine which position will best benefit their brand in the market and hopefully beat the competition.

4 0
4 years ago
How can small business contribute to the country's economy
Nimfa-mama [501]
Investing in stocks, maintaining prices and avoiding inflammation.
6 0
3 years ago
Read 2 more answers
Question 3
disa [49]

Answer:

B. The fact that I am a good person.

Explanation:

Credit history refers to a person's track record in borrowing and repayments of loans. It shows whether the individual has honored their debts in full and on time. Credit history is useful when applying for a loan from formal institutional lenders.

A bad credit history shows a person had issues in paying their loans. It affects their future borrowing as lenders may assess them as high-risk customers. Bad credit history attracts high-interest rates. Employers may judge some persons as poor money managers hence avoid hiring them.

Bad credit history is about debt payment but not who the person really is. Inability to repay loans may be caused by several factors such as illness or loss of income. A person's character remains the same regardless of their credit history.

7 0
3 years ago
Other questions:
  • The income statement disclosed the following items for 2016:
    6·1 answer
  • @wolf1728 @Venomblast . . Just like CDs, bonds reach _____, at which point the amount paid for the bond is returned to the bondh
    6·2 answers
  • Preparing production budget and direct materials budget The sales department of P. Gillen Manufacturing Company has forecast sal
    15·1 answer
  • Data were collected from a random sample of 230 home sales from a community in 2003. Let Price denote the selling price​ (in $1,
    13·1 answer
  • Shawn works at a retail store that sells a variety of items, including umbrellas. Shawn knows that people buy umbrellas more in
    15·1 answer
  • The electronic invoicing and payment (EIPP) system for the B2B environment is similar to the electronic bill presentment and pay
    11·1 answer
  • Younie Corporation has two divisions: the South Division and the West Division. The corporation's net operating income is $95,40
    14·1 answer
  • Pick an ad that speaks out against drug abuse. Write about the possible primary and secondary effects of this ad on the youth in
    14·1 answer
  • For her purchase, Nadine selects the best deal from two coupon codes offered by a store, one that she received by email and one
    5·1 answer
  • On october 4, 2020, concord company had credit sales transactions of $3300 from merchandise having cost $2600. the entries to re
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!