In this situation, the externalities that arise from studying is the unability to enter college and obtain good-paying jobs.
From the description above, we can conclude that Jacob is much more likely to experience these externalities since he does not consider the importance of studying and how it might influence his future.
They wanted to built a Settlement In North America. They did, and Named It Jamestown
The correct answer is A. Books bags. a good example of monopolistic competion is texbooks. The monopolistic competition has the next characteristics:
There are many producers and many consumers in the market. And there is no company that has control over the price.
Consumers notice there are non-price differences.
There are few barriers to entry and to exit the market.
Producers can have some control on the price.
Sensitive is when you quick to respond to slight changes.
Emotional is characterized by intense feelings.