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andre [41]
3 years ago
6

When external benefits are present in a market?

Business
1 answer:
lara31 [8.8K]3 years ago
4 0
When external benefits are present in a market INEFFICIENCY MAY ARISE, BECAUSE POTENTIAL PRODUCERS ARE UNABLE TO CAPTURE FULLY THE BENEFITS THAT THEIR ACTION CREATE FOR OTHERS.  This may cause the producers to produce just a little of this product. 
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The internet links the Earth's economies.
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Metro Holding Company agrees to sell a vacant lot to New Town Property LLC. The contract provides that if Metro does not close t
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Answer:

D. ​a penalty clause.

Explanation:

A penalty clause -

The clause is usually mentioned in some specific contracts ,

The clause enables one of the party ( usually the weak one ) , to get compensation during the breach of contract , as in most of the cases the situation get downs very costly fight between the parties , hence in order to avoid this condition , a penalty clause is usually inserted in the contract .

The penalty clause can be unenforceable , if the requirements are not fulfilled , hence need to be aware before making the contract .

Hence , from the given scenario of the question ,

The correct option is , D) ​a penalty clause.

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3 years ago
What would happen if one of the factors of production was missing
dmitriy555 [2]
Production would cease. i hope this helps you (;
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3 years ago
Read 2 more answers
The federal income tax law allows individuals whose property is destroyed by a natural disaster such as a fire or hurricane to r
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Explanation:

The Horizontal equity of cash is a logic that people of similar assets and income should be paying the same taxes thereby encouraging tax neutrality.

A person whose property is destroyed by a natural disaster such as a fire or hurricane will see their tax paying ability diminished and so should be paying a tax that is reflective of their reduced number of assets and the money they will have to pay to replace it.

7 0
3 years ago
a company budgets production of 15,000 solar panels in july. each unit requires 4 hours of direct labor at a rate of $20 per hou
Mekhanik [1.2K]

The Labor cost = Units Produced * Direct Labor hours per Unit * Direct Labor rate per Hour is  <u>$ 1,200,000.</u>

= 15,000 * 4 * $20

= $ 1,200,000

Answer: $ 1,200,000

Production is the process of combining various tangible and intangible inputs (plans, knowledge) to produce things for consumption (outputs). It is the act of creating output, goods, or services that are of value and contribute to an individual's benefit.

An example of production is the manufacture of automobiles. A car is made up of parts. For example, rubber tires are added to a metal body to create a seat before the car leaves the assembly line. “Production is the organized activity of transforming resources into final products in the form of goods and services. The goal of production is to meet the demand for such transformed resources.

Learn more about production  here:

brainly.com/question/16755022

#SPJ4

5 0
1 year ago
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