Answer:
marginal resource cost is equal to their MRP
Explanation:
A business's profit will maximize when its marginal resource cost equals its marginal revenue product.
Marginal revenue product calculated by multiplying the marginal physical product (MPP) times the marginal revenue (MR), e.g. an additional worker can produce 10 units and each unit costs $10, MRP = 10 x $10 = $100
Marginal resource cost is the cost of using an additional unit of input, e.g. cost of hiring an additional worker.
Answer:
wavelength of the second photon emitted is 97.26 nm
Explanation:
Data provided;
Wavelength absorbed = 94.98 nm
Wavelength of the one of the emitted photon = 4052.3 nm
Now,
The energy is given as:
Energy =
here,
h is the plank's constant
c is the speed of the light
λ is the wavelength
Now,
by the principle of conservation of energy
Initial energy = Final energy
Therefore,
=
+ 
or
=
-
or
=
-
or
= 0.0105 - 2.46 × 10⁻⁴
or
= 0.01028
or
λ₁ = 97.26 nm
Hence,
the wavelength of the second photon emitted is 97.26 nm
Answer: Maximize joint welfare in respective or the right owner.
Explanation: A coase solution to a problem of externality insures that a socially efficient outcome is to maximize the joint welfare, irrespective of the right of ownership.
The Coase theorem states that when transaction cost are low, two parties will be able to bargain and reach an efficient outcome in the presence of an externality.