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rodikova [14]
3 years ago
11

Externalities affect the economic efficiency of a market equilibrium by causing a difference between:________

Business
1 answer:
Cloud [144]3 years ago
5 0

Answer:

D. both a and b.

Explanation:

The marginal cost of production is the marginal private cost. When an individual or a firm spend extra cost for an extra unit of good or service, it is called marginal private cost. The marginal social cost of production is the cost that an entire society pays for the consumption of an extra unit of goods or services.

The extra benefit a consumer gets from the use of extra good is referred to as the marginal private benefit. When there is a change in benefit due to the extra unit of consumption, it is the marginal social benefit. It includes an extra benefit.

The economic efficiency of a market equilibrium deters the marginal private cost and benefit. Externalities affect that market equilibrium.

So, both a and b is the answer.

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What is the difference between durable and nondurable goods?
sleet_krkn [62]

Answer:durable goods are products that do not need to be purchased often, whereas non-durable goods are products that expire more quickly.

Explanation:

4 0
4 years ago
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You and a rival are engaged in a game in which there are three possible outcomes: you win, your rival wins (you lose), or the tw
kherson [118]

Answer:

A) There is a 50% chance the game ends in a tie, 10% chance you win (and therefore a 40%  chance you lose).

expected value = (50% x 20) + (10% x 50) + (40% x 0) = 10 + 5 + 0 = 15

B) There is a 50-50 chance of winning and there are no ties.

expected value = (50% x 50) + (50% x 0) + = 25 + 0 = 25

C) There is an 80% chance you lose and a 10% chance you win or tie.

expected value = (10% x 20) + (10% x 50) + (80% x 0) = 2 + 5 + 0 = 7

The expected value of an event is determined by adding up all the possible outcomes multiplied by their respective value.

6 0
3 years ago
Summarize these two up-and-coming leadership positions in digital media: digital media supervisor and chief digital officer (CDO
Blababa [14]

The big difference between the CIO and the Chief Digital Officer is the responsibility for turning IT into a value creator, which is something that the CIO typically doesn’t have in most organizations.

<h3>How to compare the difference?</h3>

The chief digital officer is the leading digital business from the front in a way that most CIOs aren’t. It should be that most CIOs are not trying to think of new markets, new channels, or new business models that the organization should be getting and making that a top priority. .

The CIO is used to operate much larger operations. The Chief Digital Officers are very multidisciplinary, so they have a lot of different experiences, and they're very comfortable talking with marketing and sales in their language.

They’re very good at talking to the product teams in their language and operations in their language, and executives, and so on. And not to the same degree that we see the CIOs that don’t really talk the language of business .

Learn more about digital media on:

brainly.com/question/25356502

#SPJ1

7 0
2 years ago
The ________ method determines the budget required to undertake specific tasks to accomplish communication objectives.
marta [7]

The Objective-&-Task Method determines the budget required to undertake specific tasks to accomplish communication objectives.

The objective and the task method is a type of method that is used in the business environment whereby a business would set a particular amount of money to its budget in order to achieve specific objectives.

The business would do this instead of just choosing an amount or using sales revenues alone to make budgets.

Read more on brainly.com/question/14279307?referrer=searchResults

6 0
2 years ago
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Suppose the government believes that there are too many cigarettes in the market. Which of the following policies could the gove
VMariaS [17]

Answer:

d) tax the manufacturing of cigarettes

Explanation:

Taxation imposed by government on the manufacturing of a commodity increases the cost of production and shifts the supply curve of such commodity inward, that is to the left. When the government imposes tax on the manufacturing of cigarettes, the cost of producing cigarettes will increase and that will reduce the supply of cigarettes all things being equal.

8 0
3 years ago
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