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3 years ago

A negative externality is

Business

1 answer:

Rus_ich [418]3 years ago

3 0

Answer: The correct answer is "4. when a third party is injured by an economic activity".

Explanation: A negative externality is when a third party is injured by an economic activity.

Negative externality refers to all kinds of harmful effects on society, generated by production or consumption activities, which are not present in its costs. Negative externalities occur when the action taken in our activities as a company, individual or family causes harmful side effects to third parties. Such effects are not incorporated in all costs. Since the highlighted negative effects are not present in the price of production or of the profit when consuming.

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_______________ is the primary source of financial vulnerability for people in late adulthood

mixer [17]

The primary source of financial vulnerability for people in late adulthood is their reliance on fixed income that they receive. Because of their reliance to their fixed income, financial vulnerability could only occur as they don't try to open more options and suggestions into having more financial income that could support their financial needs.

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3 years ago

During the 1990s, one of the dominant firms in the U.S. cigarette industry would raise prices once or twice a year by about 50 c

ahrayia [7]

Answer: price leadership

Explanation: Price leadership is a circumstance where one business, typically the dominant one in its market, sets prices that its rivals follow closely.

This business is typically the one with the minimum cost of production, thus being able to outperform the prices charged by any rival who tries to set their prices below the price range of the market leader.

Rivals could increase prices than the cost leader, but this would likely lead to lower share of the market unless rivals were able to distinguish their goods adequately.

Hence from the above we can conclude that the given case depicts price leadership strategy.

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3 years ago

Imagine you are the marketing manager for a U.S. manufacturer of disposable diapers. Your firm is considering entering the Brazi

Radda [10]

Answer:

1) The firm should not use the same advertisements in the U.S. and Brazil because culture plays an important role in advertising, and the cultures of both countries are very different. Something that is culturally acceptable in the U.S. might no be so in Brazil and viceversa, and advertisements usually make use of cultural references to build rapport with the potential customers.

When determining the local prices in Brazil, management should take advice from local managers but it should still try to determine the final prices only after doing extensive market research.

2) I do not agree. On the contrary, it is likely that we will see a trend toward increasing product customization. This is because more countries are becoming wealthier (for example, China and India), and as a consquence, people now have more disposable income than before, and can be more demanding when it comes to the products they buy.

3) Depending on the country, the job experience for expatriates can be very difficult. Language is probably the most common hardship, if the expatriate does not speak well the language of the host country, then he will likely have a very hard time in the workplace.

Cultural shock, lack of personal relationships, and a general lack of knowledge about how things work can also cause problems.

Companies should train employees before they are sent abroad. They should try to send employees who speak the language of the country if possible, and if not, help them learn a few basics at least. Companies should also instruct their employees about the general culture, geography, laws, and customs present in the country of destination.

5 0

3 years ago

A production line at V. J. Sugumaran's machine shop has three stations. The first station can process a unit in 9 minutes. The

Murrr4er [49]

Answer:

Station 1 is a bottleneck station because the processing time taken to process the product in such station is 9 minute when compared with Station 2 and Station 3

Explanation:

Station 1 = Processing time is 9 minutes

Station 2 = Processing time is 5 minutes per unit (15 minutes / 3 machines)

Station 3 = Processing time is 7 minutes

Thus, the Station 1 is the bottleneck station with a bottleneck time of 9 minutes per unit.

7 0

4 years ago

A study finds that the noise from airplanes is harmful; hence, the government imposes a $20 tax on the sale of every airplane. T

allochka39001 [22]

Answer:

Decrease

$200

$190

$180

Explanation:

The question isn't complete. Here is the full question:

A study finds that the noise from airplanes is harmful; hence, the government imposes a $20 tax on the sale of every airplane. This amount accurately accounts for the external cost of the noise pollution. Before the corrective tax, airplane tickets regularly sold for $190. After the tax is in place, the market price for airplane tickets rises to $200.

The quantity of airplane tickets sold will

The socially optimal price of airplane tickets is

The private market price is

A firm selling airplane tickets receives after it pays the tax

The noise from the airplanes constitute negative externality.

Tax levied on negative externality is known as pigouvian tax.

As a result of the tax, the price of tickets increases and this would reduce the quantity of tickets demanded for according to the law of demand. According to the law of demand, the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.

The social optimal price is the price of the ticket after the tax accounting for the externality has been added to price. The social optimal price is $200.

The private market price is the price before the taxes: $190.

The amount received by firms = $200 - $20 = $180

I hope my answer helps you

8 0

4 years ago