Answer:
Option (C) is correct.
Explanation:
In an unregulated market, negative externality results in a higher social marginal cost than the firm marginal cost because this market is not properly regulated by the government officials. Hence, these firms are not taking into account the effect of negative externalities in their cost.
We know that the consumer's decision is more offenly based on the point where the marginal cost is equal to the marginal benefit because they are not taking the impact of negative externalities.
If proper action is not taken by the government, negative externality will result in a market inefficiencies.
<span>In the five forces model, the more that companies compete against one another for customers, the lower the level of profits is likely to be for that industry.</span>
Fixed income gives a steady of income to the individual.
<h3>What is a fixed income?</h3>
The complete question wasn't found online. An overview was given as the complete information wasn't found.
It should be noted that a fixed income means an investment approach that is focused on presentation of capital and income.
The examples of fixed income include municipal bonds, certificate of deposit, etc.
It should be noted that fixed income orders a steady stream of income with less risk.
Learn more about income on:
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I don't understand what your asking?
Answer:
1.71 household items
Explanation:
In this question, we learn that the family will only consume two goods: outings and household items. The family can either have access to 14 outings or 24 household items. This means that:
opportunity cost of 14 outings = opportunity cost of 24 household items
Therefore,
opportunity cost of 1 outing = 1.71 household items