Answer:
B) cannot expect to collect the $500 because he had a preexisting duty to arrest the inmate.
Explanation:
Law enforcement officers cannot collect rewards or bounties on escaped prisoners or wanted criminals.
One of the roles and duties of law enforcement officers is to arrest criminals (either escaped or suspected), and they cannot collect a reward for doing their job.
PPP is a method of comparing the absolute purchasing power of currencies and, to some extent, the living standards of people in different countries.
<h3 /><h3>What is purchasing power parity?</h3>
Purchasing power parity (PPP) is a method of comparing the absolute purchasing power of currencies and, to some extent, the living standards of people in different countries.
It uses the prices of specific goods to compare the absolute purchasing power of currencies and, to some extent, the living standards of their people.
Therefore the above statement explains the purchasing power parity.
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Answer:
The correct answer is letter "A": positive externalities.
Explanation:
An Externality is a cost or benefit incurred or received by a third party who has no control over the factors that created the cost or benefit. Positive externalities occur when both at the private and social levels have a positive benefit from the consumption or production of a good.
Answer:
voluntary exchange that makes both the consumer and producer better off.
Explanation:
The consumer will purchase at a price lower or equal to he is willing to pay for the good (we assume a rational person will not urchase above their willingless to do so) Thus, either has a surplus or the price is fair
The producer as well, only trades for a price above their expect to sale or that amount. Therefore it has a surplus or received what it expect.
We have determinated there is no winner or losser in trade as both parites agree voluntary without coercion.