Answer: more, growth
Explanation:
If all firms expect greater demand for their products or services, they will hire more resources like labor and capital and the economy will experience growth.
For an economy to grow, human capital, labor force, and technology can not be exempted. The quality of the materials used also plays a vital role as well. Once all these are in place, then the economy while start experiencing turn around.
A) is late recognizing that a recession has begun and conducts expansionary monetary policy.
A surf board shop for example. If you lived in a place like Ohio you’re not gonna have very many sales because there’s no ocean or surf parks near by. But if you lived somewhere like California you’re sales would be much better.
A Joint Venture is a strategic alliance in which two existing companies collaborate to form a third, independent company.
Answer:
Moral codes and social sanctions
Explanation:
Externality is when the actions of a producer or consumer have an effect on third parties not involved in production or consumption.
Externality can be positive or negative.
Postive externality is when the benefits of economic activities to third parties exceeds the costs.
Negative externality is when the costs of economic activities to third parties exceeds the benefits.
Smoking and littering the environment with cigeratte butts is an example of an activity that generates negative externality.
Sharon's morals and sense of judgement cautioned her against littering with her cigarette butts because she knows such activity is frowned against by the society. So, in this case she is guided by her moral codes.
This is one of the solutions to externality.
Other solutions include:
Taxation
Integration of different types of businesses through merger or acquisition
Contracts
Charities
I hope my answer helps you
