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4 years ago

The social cost of a transaction is _________.

Business

2 answers:

lawyer [7]4 years ago

6 0

Answer:

Explanation:

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dolphi86 [110]4 years ago

5 0

Answer:

The correct answer is letter "C": the sum of private and external costs.

Explanation:

<em>Neoclassical economics</em> -based on supply and demand as market drivers- define the social costs of transactions as the sum of private costs inherent in the operation and the costs consumers set because of being exposed to the transaction or the external costs. This cost differs from the <em>private costs</em> which are the expenditures a producer incurs in the production of a good or service.

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Which of the following would most likely negatively affect a person's net worth?

dangina [55]

A. An income of 25,000 annually is not enough to sustain a household and creditors would be hesitant to loan money to someone without resources to easily repay it.

8 0

2 years ago

Was the economic growth and tax relief reconciliation act of 2001 expansionary or contractionary

jasenka [17]

The economic growth and tax alleviation reconciliation act of 2001 expansionary or contractionary: sweeping U.S. tax.

Economic growth can be described as the increase or development inside the inflation-adjusted market price of the products and services produced by an economic system over a certain period of time. Statisticians conventionally measure such growth because the percent charge of growth is inside the real gross domestic product or actual GDP.

Economic growth method a boom in actual GDP – a boom inside the fee of countrywide output, income, and expenditure. essentially the benefit of financial increase is better residing requirements – higher actual incomes and the capacity to dedicate greater resources to areas like health care and schooling. extensively talking, there are fundamental assets of economic growth: growth in the size of the body of workers and growth inside the productivity (output in step with hour worked) of that team of workers. either can increase the overall size of the economy however best sturdy productivity growth can grow according to capita GDP and earnings.

Learn more about economic growth here: brainly.com/question/1690575

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6 0

2 years ago

Last year Electric Autos had sales of $165 million and assets at the start of the year of $280 million. If its return on start-o

ohaa [14]

Answer: 16.9697%

Explanation:

Sales = $165 million

Assets in beginning of year = $280 million

Assets return on start of the year = 10%

$Return\ on\ Net\ Assets =\frac{Operating\ Profit}{Net\ Assets}\times 100$

$\frac{Return\ on\ Net\ Assets\times Net\ Assets}{100} =Operating\ Profit$

$\frac{10\times 280}{100} =Operating\ Profit$

Operating Profit = 28

$Operating\ Profit\ Margin = \frac{Operating\ Profit}{Sales\ revenue}$

$Operating\ Profit\ Margin = \frac{28}{165}\times 100$

= 16.9697%

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3 years ago

The approaches and activities of managers in short-run and long-run planning and control decisions that increase value for custo

Amiraneli [1.4K]

Answer:

C. Cost management

Explanation:

Cost management is a process or method of reducing cost of operation or production expenses of the business so as to provide cheaper goods and/or services to consumers.

It helps a firm forecast future expenditures in other to achieve their budgeting goals.

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3 years ago

Jesse is the marketing manager for a large Midwest-based producer of food products. He is in the process of developing the_____,

Blizzard [7]

Answer:

Marketing Mix

Explanation:

Marketing mix is a combination of various components which are controlled by an organization or firm aimed at influencing a consumer's desire in purchasing their products. It is centered upon the historical 4Ps of marketing which are

1. Place

2. Promotion

3. Product, and

4. Price.

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3 years ago