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Gnom [1K]
3 years ago
6

External costs are A. borne by the public but incurred by the government. B. borne by the government but incurred by the public.

C. borne by individuals other than those who incurred them. D. another term for implicit costs.
Business
1 answer:
lisov135 [29]3 years ago
7 0

Answer:

borne by individuals other than those who incurred them

Explanation:

External costs are costs that affects other people other than the people who partake in the activity.

Examples of activities that generate external costs are postive externality and negative externality.

Another name for external cost is opportunity cost.

I hope my answer helps you

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.A monopolistically competitive firm is operating at a short-run level of output where price is $30, average total cost is $27,
Neko [114]

Based on the marginal cost and the marginal revenue to this monopolistically competitive firm, in the short run the firm should increase the level of output.

<h3>Why should the firm increase output?</h3>

Firms will maximize their profit if they produce at a point where marginal cost equals marginal revenue.

As the marginal revenue is $25 and the marginal cost is $20, the firm should increase output until both these things are the same.

Find out more on maximizing profit at brainly.com/question/13799721.

#SPJ1

5 0
2 years ago
When government is trying to raise tax revenue, it sometimes attempts to target higher-income people because they are in a bette
liubo4ka [24]

Answer: The labor supply curve for a wealthy individual is usually more elastic than a poor person's labor supply curve

Explanation:

Tax could be described as individuals paying a particular percentage of their income and whatever they use then pay to the government. The aim of the tax being collected is to generate funds internally which could be used in maintaining the economy.

Despite the government attempts to make tax be one-sided, it yields little or no result in favour of the poor as they end up being well tax as same as the rich. Those who are poor make use of services regularly, and most societies have them than those who are already established. The labor supply curve for a wealthy individual is usually more elastic than a poor person's labor supply curve. We would realize that we have more poor people in labour than those who are rich.

4 0
2 years ago
People are willing to pay a higher price if they believe that supplies are ______.
ratelena [41]
C. Limited

If you have a small amount of product/resources that means that it is rare, and therefore more valuable.

For example, in the U.S. economy, there is a limited amount of currency, and that is what makes the currency valuable.

Or the better example, in a game like Minecraft, the resource "diamond ore," is only worth value to the player because it is a Limited resource, and it does not spawn often.

Hope this helps!
4 0
2 years ago
Read 2 more answers
Shelli's Ski Super has sales of $670, net fixed assets of $210, total assets of $305, and current assets of $25. What is the tot
Troyanec [42]

Answer:

2.20

Explanation:

The formula to compute the total assets turnover ratio is shown below:

Total asset turnover = (Sales revenue ÷ Total assets)

                                   = ($670 ÷ $305)

                                  = 2.20

We simply divide the sales revenue by the total assets, so that the total asset turnover ratio can be computed

All other information which is given is not relevant. Hence, ignored it

5 0
3 years ago
When a customer is venting their anger, they will be easier to deal with if you _____.
defon

Answer:

A resposta correta é A. reconheça a raiva deles e deixe-os compartilhar um pouco com você.

8 0
3 years ago
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