1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ostrovityanka [42]
3 years ago
10

In the argument for why perfect competition is allocatively efficient, the price that people are willing to pay represents the g

ains to society and the marginal cost to the firm represents the costs to society. Canyou think of some social costs or issues that are not included in the marginal cost to the firm? Or some social gains that are not included in what people pay for a good?
Business
2 answers:
Leviafan [203]3 years ago
8 0

Answer:

There are some indirect social costs that are included in marginal cost of firms, such as climate change due to green house gas emission, pollution, systemic risk (risk that banking system takes). These costs impose negative effect on economy and are not directly borne by consumer or producer.

There are some indirect social gains that are not included in price paid for good, such as driving an electric vehicle, improved education, fire proof homes, construction and operations of public goods like parks, street lights. These benefits impose positive effect on economy and are not directly borne by consumer or producer.

Explanation:

Alina [70]3 years ago
4 0

Answer:

There are some indirect social costs that are included in marginal cost of firms. such as climate change due to green house gas emission, pollution, systemic risk (risk that banking system takes). These costs impose negative effect on economy and are not directly borne by consumer or producer.  

There are some indirect social gains that are not included in price paid for good, such as driving an electric vehicle, improved education, fire proof homes, construction and operations of public goods like parks, street lights. These benefits impose positive effect on economy and are n directly borne by consumer or producer.  

You might be interested in
What are some of the advantages and disadvantages of buying a home compared to renting.
nignag [31]

well with buying a home you are stuck with it you cant just move out but with renting you can say ohh im moving and you can give them your key and get out its really not that bard

5 0
3 years ago
On January 1, 2021, Tonge Industries had outstanding 480,000 common shares ($1 par) that originally sold for $30 per share, and
ira [324]

Answer:

842,000 shares

Explanation:

Please the solution to the given problem in the file attached below

5 0
3 years ago
Read 2 more answers
How can you avoid saying "this year I'm going to start my business" for years? Feel good about it. Promise yourself you'll do it
Schach [20]

Don't set yourself up for failure. Starting a business is very hard especially in this climate. Instead of trying to start a business in a year work in steps each year to get to that goal

3 0
3 years ago
Read 2 more answers
The adjusted trial balance of Bramble Corp. at December 31, 2019, includes the following accounts:
natulia [17]

Answer:

$11,400

Explanation:

                       Income Statement

         For the year ended December 31, 2019

Particulars                                                Amount

<u>Revenues</u>

Service revenue                                       $37,900

<u>Expense</u>

Salaries & wages expense       $16,000

Insurance expense                   $2,900

Rent expense                            $3,400  

Supplies expense                     $2,500

Depreciation expense              <u>$1,700</u>

Total expenses                                         <u>$26,500</u>

Net income (loss)                                     <u>$11,400</u>

4 0
3 years ago
Which of the following statements is not a difference between business markets and consumer​ markets?A. Buyers face more compl
marusya05 [52]

Answer:

E : the market is very small and limited

Explanation:

The statement that the market is very small and limited  is not a difference between business markets and consumer markets as the real difference is :

Business market larger in size :

If we talk from a Marketing Perspective point of view it Innovates through technological push and fanatics-breakthroughs which result in a rapid increase in the number of customers in the market and as the size of the market becomes larger.

3 0
3 years ago
Other questions:
  • A judge denied a 94-year-old woman s attempt to force a Lottery Commission to pay her $3.9 million winnings up front on the grou
    5·1 answer
  • Novak Corp. had the following account balances at year-end: Cost of Goods Sold $61,200; Inventory $14,550; Operating Expenses $2
    8·1 answer
  • On December 31, Carmack Company received a $215 utility bill for December that it will not pay until January 15. The adjusting e
    6·1 answer
  • Gabby is an aspiring country artist. She has a record contract that pays her a base rate of $200 a month and an additional $12 f
    15·1 answer
  • For your speech to be effective, you must carefully consider what your specific
    6·1 answer
  • How do i know im not gay
    9·2 answers
  • How can i earn from Brainly <br> Someone is there to help me <br> Plzzzzzzzzzzzzzzzzzzzzzzzzz
    14·2 answers
  • PLEASE HELPP WITH CHEMISTRY
    14·1 answer
  • According to the Statement of Cash Flows in fiscal year 2020 (ending 1/29/2021), is Dollar General purchasing more property and
    10·1 answer
  • Your company decides to implement sap in the united states before implementing it in canada. this is an example of ___________ c
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!