Answer:
Option A. Two - Third of a television
Explanation:
Using Unitary Method,
Here, the opportunity cost of producing 150 pounds of food in US = 100 televisions
Similary the opportunity cost of producing 1 pound of food in US = 100 / 150 televisions = 0.66 televisions = 2/3 televisions
So the right option is A.
Answer:
the answer is Rising Prices
Explanation:
Rising Prices
Answer:
The most applicable answer from my point is in such a scenario, producers overproduce the product because of a supply-side market failure.
Explanation:
So what is market failure? Simple, Market failure occurs when a market is unable to effectively and efficiently manage its resources because of the breakdown of price mechanisms functions which rare caused by negative and sometimes positive externalities.
In here, Supply side market failure occurs when the producers don't have to pay the full cost of their output. That is the actual cost of production is greater that the recorded cost.
In Market failure, the supply and demand of the market do not meet the equilibrium price and quantity and eventually leads to the loss of social welfare and ineffective economic decision making.
Imperfect information in the market and the increase of power in the sellers side could lead to supply side market failure.
What page the ad will be located on in the publication are all decisions involving the PR and the Editorial boards.
Explanation:
The positioning of advertisements on a publication is something that is usually pre decided by the firm for the spots according to the preferences they give to certain clients during an ad cycle and in special cases, they make amends to these policies.
These policies are drawn up by the PR team in accordance with the Editorial team to make sure to have proper and required space to run ads to the maximum profit of all the beneficiaries and to give attractive spots to lure more cosponsors.
The mass culture theory result from viewing cinema as a social institution.
Films that are widely disseminated and accessible can readily reach popular culture or mass culture.
Institutions in the theater or, more broadly, the arts have traditionally been on the front lines of managing societal crises or revolutions. Theatres serve as first responders, metaphorically, by providing locations and settings for enlarged depictions of the risks and challenges that society faces.
MASS CULTURE: Typically, the term "mass culture" refers to a culture that results from the centralized production methods used by the mass media.
The mass culture theory result from viewing cinema as a social institution.
To learn more about mass culture as a social institution, visit the following link:
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