Answer:
Social cost of market failure
Explanation:
Market failure is an economic situation in which an imperfection in the market mechanism prevents an optimal outcome.
The $1 billion cost of lead contamination intended for the medical care of those sickened by lead, plumbing repairs and reduced earnings of those affected is called social cost of market failure.
Whenever external benefits and costs exist, the market will not produce at the optimal outcome leading to social cost of market failure by an organization.
External costs are costs that are imposed without compensation on a third party.
Answer:
Yes, Elliot breached his fiduciary duties with Merrill Lynch.
Explanation:
Since Elliot is an employee of Merrill Lynch, he owes the company fiduciary duties, that means that Elliot should always act on the best interest of his employer (Merrill Lynch), and he must also avoid any personal conflict of interest between him and his employer.
Elliot is not acting on the best interest of his employer, instead he is benefiting from the position given to him by his employer (by requiring advice from other employees).
Answer:
Peg's contribution to nominal GDP in 2010 was 80000 and in 2011 was 99000
Explanation:
Gross domestic products (GDP) is a monetary measure of the market value of all the final goods and services produced in a specific time period, often annually.
2010 2011
Price_______20 22
Set of nails_4000 4500
80000 99000
Answer:
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<span>False. lim f(x) x approaches may exist even function f defined x=a.The concept limit has tot do with the behavior of function close x=a and not x=1.</span>