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gizmo_the_mogwai [7]
3 years ago
7

Explain how public disclosure is used as a tool to prevent market failures.

Business
1 answer:
deff fn [24]3 years ago
4 0

Answer:

The correct answer is Provide info that people want.

Explanation:

Externalities are caused when the production or consumption of a good or service has a cascading effect that is not purely reflected in its price and therefore there is no appropriate compensation to be paid for it. If the price does not include the true costs of the good or service there will be a market failure. Importantly, externalities can be positive or negative. To prevent refusals, governments must add certain taxes to assets to cover their social cost.

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3 years ago
If customers can see data about themselves on the business' computer system, it will enable them to ____________
Bond [772]

If customers can see data about themselves on the business' computer system, it will enable them to make better and more informed decisions.

<h3>How do information systems help businesses?</h3>

Business Information System, eases the process of decision making and simplifies the process of delivering the required information and hence assists in taking better decisions instantly. Business Information System (BIS) can be effectively implemented to help communication better between the employers and the employees.

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7 0
2 years ago
When a _____ externality exists the socially optimal level of output will be greater than that resulting from a _____ market.
ziro4ka [17]

When a positive externality exists the socially optimal level of output will be greater than that resulting from a private market.

The output level that takes into account all of the benefits and drawbacks of a transaction, or the equilibrium that would be reached if the results of the market took into account the impact of externalities.

"The ideal distribution of resources in society, taking into consideration all external costs and benefits as well as internal costs and advantages," is how economists define a "socially optimal solution."

The distribution that a charitable social planner chooses, limited solely by the endowment of resources, is the social optimum. In general, the social optimum will not be possible if the social planner's policy tools are constrained.

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6 0
2 years ago
5. Student loans typically offer higher interest rates, no deferred payment options, and no grace period following graduation.
skad [1K]

Answer:

True

Explanation:

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