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lorasvet [3.4K]
3 years ago
10

When a market experiences a positive externality,

Business
1 answer:
antoniya [11.8K]3 years ago
5 0

Answer:

b. The demand curve does not reflect the value to society of the good.

Explanation:

An externality is a financial term alluding to an expense or advantage caused or got by an outsider. Nonetheless, the outsider has no power over the making of that cost or advantage.

An externality can either be positive or negative which can be caused by either production or consumption of a good or service. The cost or the benefit  can affect an individual or a society as a whole. A typical example of a negative externality is pollution which can cause negative cost to a third party in terms of health expenses. An example of a positive externality on the other hand is when a well educated labor force increase their productivity.

The government and local authorities can control negative externality by imposing taxes and regulation of these products. The government can also overcome negative externality by imposing subsidies on the goods that improve positive externality.

The demand curve however does not reflect the value to society of the good. It only reflects the relationship between the price and the quantity of goods consumed.

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A U.S. firm opens a factory that produces power tools in Korea.
Ymorist [56]

Answer:

c. This increases only U.S. net capital outflow.

Explanation:

The net capitaloutflow is determinated by comparing the investemnt abroad with the investment of other countries in the national economy.

investment in foreing countries - investment from foreing countries.

In this case the US firm is investing abroad, therefore inceasing the net capital outflow of the US.

The Korea net capital outflow will decrease. because it is receiving investment.

5 0
3 years ago
What is the direct labor efficiency/quantity variance for november? group of answer choices $1,800 $1,900 $2,000 $2,090 $2,200
enot [183]

The direct labor efficiency/quantity variance for November of $1,800.

The labor efficiency variance focuses on the number of labor hours used in production. It is defined as the difference between the actual number of direct labor hours worked and budgeted direct labor hours that should have been worked based on the standards.

Labor efficiency variance equals the number of direct labor hours you budget for a period minus the actual hours your employees worked, times the standard hourly labor rate.

For example, assume your small business budgets 410 labor hours for a month and that your employees work 400 actual labor hours.

Learn more about Labor efficiency here: brainly.com/question/15418098

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5 0
9 months ago
Joe sold gold coins for $1,000 that he bought a year ago for $1,000. he says, "at least i didn't lose any money on my financial
solniwko [45]
The economist's analysis in the scenario painted above incorporates the idea of OPPORTUNITY COST.
Opportunity cost refers to a value or a benefit which must be given up in order to enjoy or acquire another benefit. Because resources are scarce, one always has to make decision about how to use one's resources efficiently. In the scenario given above, Joe had the opportunity to put his money in a fixed deposit account or to use it to buy gold coins; he choose the latter given up the former. Thus, the former, which he gave up is his opportunity cost.<span />
3 0
2 years ago
Read 2 more answers
Does Caroline have any closed accounts? How long does a closed account stay on a persons credit report?
Elden [556K]
It stays on for seven years.
3 0
2 years ago
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Miller, Inc. has 5,000 shares of 6%, $400 par value, cumulative preferred stock and 100,000 shares of $4 par value common stock
grin007 [14]

Answer:

$40,000

Explanation:

Calculation to determine the amount of dividends received by the common stockholders in 2017

First step is to calculate the preferred stock

Preferred stock=(5,000 shares*$400)*6%

Preferred stock=$2,000,000*6%

Preferred stock=$120,000

Now let calculate the amount of dividends received by the common stockholders in 2017

Dividend Received=($200,000-$120,000)/2

Dividend Received=$80,000/2

Dividend Received=$40,000

Therefore the amount of dividends received by the common stockholders in 2017 will be$40,000

4 0
2 years ago
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