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3 years ago

Economic agents who generate externality are distinct from those who experience them.

Business

2 answers:

Vsevolod [243]3 years ago

6 0

Answer:

The statement is: True.

Explanation:

Externalities are described as the effect of the actions of one party that influence directly in other individuals even if those other individuals have nothing to do in the operations of the first party. Externalities can be positive when they benefit the uninvolved individuals or negative when the externality affects them.

There are several types of externalities such as technological, pecuniary, symmetric, asymmetric, transferable, depletable, non-depletable and transnational.

Asymmetric externalities are those where the party causing the externality is not affected by its actions. It opposes symetric externalities which are those where the economic agent is directly affected by its own actions.

alexandr402 [8]3 years ago

4 0

Answer:

The answer is true.

Explanation:

Externalities can be described as affects that impact on the external parties as a result of the economic activities of a party. These could be positive or negative depending on the way they effect.

Also, externalities can be Symmetric or assymetric. In Symmetric affect, the impact of the economic agent can affect the agent itself while in asymmetric affect, the economic agent is not affected by its own influence.

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Type the correct answer in the box. Which marketing-related concept is described in the following scenario? The booming Industri

DanielleElmas [232]

Answer: Production concept

Explanation:

Production concept is based on concentrating on the efficiency of the production and manufacturing. The basis of production concept is to make the goods available to the consumer at affordable prices. By producing in mass quantities the companies believed they can reduce the cost of production.

Also that supply can be increased when the cost of production is lower. Economies of scale can be achieved by the company when they reduce cost of production they can increase their profit earning capacity.

4 0

3 years ago

1. Assume that in the relevant jurisdiction, contracts with clauses restricting working for competitors for more than six months

jeyben [28]

Answer: Wrongful interference with a contractual relationship requires the existence of enforceable contract, third party knowledge, and intentional inducement.

Explanation:

All the business consist of information which is invaluable and wants the employees to keep it within the business and not sell it to competitors. As they are the successful objectives of the business.

Contractual relationship is the relationship bound by legal requirements where there are two or more parties who agree with same terms through enforceable contract. Intentional inducement is where an individual causes damage to contractual relationship with third party. The damage can be of monetary basis.

8 0

3 years ago

A student has a savings account earning 9% simple interest. She must pay $1400 for first-semester tuition by September 1 and $14

IRINA_888 [86]

Answer: The answer is $2,759.22

Explanation: From the question above, we have:

September 1st to January 1st is 4 months, this is 1/3 of a year which means that the student will earn:

=> 9/3 = 3%

3% interest for the money that is saved is the savings account. So the student must put in at least:

x + 3%x = 1400

x + 0.03x = 1400

1.03x = 1400

x = 1400 / 1.03

x = 1,359.22

Therefore, if the student saves $1,359.22 in the savings account By September 1st, she will have $1400 by January 1st.

Also, the student needs to make $1400 for the first semester. So overall she will need to make:

1,400 + 1,359.22 = $2,759.22 during the summer in order to ensure that she will have enough money to pay for both semesters.

7 0

3 years ago

Mobile phones have evolved from devices intended to place and receive phone calls into handheld multimedia communications device

Bumek [7]

Answer: creeping featurism

Explanation: Creeping featurism is a slang used for the term feature creep. It refers to the problem faced by the consumers due to continuous addition of features in an existing product. These addition make the product more complex and hard to use for the users.

In the given case, some customers of mobile phone have a belief that the new features added to the phones have made it complex and less reliable.

Thus, we can conclude that the given case is an example of creeping featurism.

7 0

3 years ago

Assume that Cane expects to produce and sell 88,000 Alphas during the current year. One of Cane's sales representatives has foun

Reptile [31]

Answer:

Advantage = $360,000

Explanation:

Since fixed costs cannot be changed, it is unavoidable or irrelevant.

We have to deduct the avoidable expenses from the revenue to find whether Cane accepts the order or not.

Revenue ($112 x 18,000 units) = $2,016,000

Less: Relevant Costs (Product costs)

Direct Material $30 x 18,000 = $540,000

Direct Labor $22 x 18,000 = $396,000

Variable Manufacturing Overhead $20*18,000 = $360,000

Variable Selling expenses $20*18,000 = $360,000

Total Relevant costs $(1,656,000)

Financial advantage of accepting the new order $ 360,000

Therefore, the company should accept the new order.

7 0

3 years ago