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PIT_PIT [208]
3 years ago
10

Suppose that a chicken farm uses a nearby stream to dispose of the wastes released by its chickens. These wastes flow downstream

into a lake that has become thick with algae and polluted due to the minerals in the waste matter. The local office of a nonprofit environmental organization successfully lobbies state regulators to stop the farm's pollution.
It's important to note that sometimes private solutions to externalities do not work. For example, this occurs when communications barriers or social customs are important enough relative to the potential gains involved that _____.
Business
1 answer:
Harlamova29_29 [7]3 years ago
7 0

Answer:

Suppose that a chicken farm uses a nearby stream to dispose of the wastes released by its chickens. These wastes flow downstream into a lake that has become thick with algae and polluted due to the minerals in the waste matter. The local office of a nonprofit environmental organization successfully lobbies state regulators to stop the farm's pollution.

It's important to note that sometimes private solutions to externalities do not work. For example, this occurs when communications barriers or social customs are important enough relative to the potential gains involved that a private solution is not feasible.

Explanation:

The type of private solution to the externality of pollution occurred in this case is  Charities , because the work done by a non-profit organization is a form of charity.

It is crucial to note that sometimes private solutions to externalities do not work for example, this occurs when one party repeatedly holds out for a better deal.This describes the problem of a breakdown in bargaining.

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Hope this helps :)

6 0
3 years ago
Which of the following statements is true of a trial​ balance?A.A trial balance has the same format as a balance sheet.B.A trial
seraphim [82]

Answer:

A trial balance presents data in debit and credit format.

Explanation:

There are two sections in the trial balance, called columns of debits and columns of credits. The total columns of debit and credit should always correlate or matched. The debit columns report assets and expenditures side while revenues stockholder equity, and the liability side are reported in the credit column.

4 0
3 years ago
If my friend suzette worked for a total of 7 hours. how much should she be paid​
Ira Lisetskai [31]

Answer:

That would depend on the job that was done

Minimum wage would suffice depending on what state you're in

Or you could just look out for a friend and pay a fair price plus maybe something extra

Explanation:

5 0
3 years ago
Under a _____ exchange rate regime, a country will attach the value of its currency to that of a major currency.
bija089 [108]
The answer should be pegged
7 0
3 years ago
In year 1 the average price of X is $10, and in year 2 the average price of X is $23. If consumers buy more units of X in year 2
xeze [42]

Answer:

D

Explanation:

Normal goods are goods that are goods whose demand increases when income increases and falls when income falls

If good X is a normal good and the consumers income increases, the demand for good X would increase

It would have been that the Law of demand not supply that didn''t hold

according to the law of supply, the higher the price, the higher the quantity supplied and the lower the price, the lower the quantity supplied.

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.

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3 years ago
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