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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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Fill in the correct words for the skills that Sharia used to make a career plan.
gogolik [260]
#1 goal-setting #2 decision-making
8 0
3 years ago
Read 2 more answers
Which company sold for the highest cash equivalent value?
Anika [276]

Answer:

Company B (transaction d)

Explanation:

present value of transaction a (company D) = $1,100,000 / 1.08 = $1,018,519

present value of transaction b (company C) = $45,000 x 21.21211 (PV annuity factor, 2.4%, 30 periods) = $954,545

present value of transaction c (company A) = $1,000,000

present value of transaction d (company B)  = $100,000 x 10.52141 (PV annuity factor, 4.8%, 150 periods) = $1,052,141

6 0
3 years ago
Job 412 was one of the many jobs started and completed during the year. The job required $9,500 in direct materials and 35 hours
forsale [732]

Answer:

The appropriate answer is "$8,457,50".

Explanation:

The given values are:

Direct material cost,

= $9,500

Direct labor cost,

= $10,400

Units completed in job 412,

= 4

Now,

The total cost for completion of job 412 will be:

=  Direct \ materials \ cost + Direct \ labor \ costs

On substituting the values, we get

=  9,500 + 10,400

=  19,900 ($)

Unit produced cost will be:

=  \frac{19,900}{4}

=  4,975 ($)

70% of unit produced cost will be the profit margin, then

=  70 \ percent\times 4,975

=  3,482.50 ($)

hence,

The price charged to the customer will be:

=  Unit \ product \ cost + Profit \ margin

On substituting the values, we get

=  4,975 + 3,482.50

=  8,457,50 ($)

3 0
3 years ago
Firms face competing pressures in the marketplace-how to achieve lower costs through proven approaches to production, while look
nignag [31]

Answer:

a. leverage skills and products associated with a firm's core competencies from one country to another.

Explanation:

Company A can still meet the demands of the local markets and the competitive pressures it is facing by utilizing its core competences and deploring its products internationally.  A hybrid of localization and international strategies would be more appropriate.  This hybrid approach will enable the company "to realize the full benefits from economies of scale and learning effects, without losing on location economies," as desired in the case study.

8 0
3 years ago
A business produces 10 units of output. Its average variable cost (AVC) = $25, average fixed cost (AFC) = $5, and marginal cost
kramer

Answer: $30

Explanation:

Given that,

Average variable cost (AVC) = $25

Average fixed cost (AFC) = $5

Marginal cost (MC) = $30

Average total cost (ATC) = Average fixed cost (AFC) + Average variable cost (AVC)

                                          = $5 + $25

                                          = $30

Therefore, average total cost is the sum of average fixed cost and average variable cost. Alternatively, average total cost is calculated by dividing total cost to units of output produced.

6 0
3 years ago
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