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2 years ago

Which of the following best describes equilibrium?

Business

1 answer:

QveST [7]2 years ago

3 0

Answer:

C. A situation where no economic agent would benefit by changing his or her behavior

Explanation:

An economic equilibrium is when the agents are optimizing their decisions and opposing market forces are equal. This point allows the economic agents to maximize their utility and any change from this point will cause all agents to move away from potential maximum benefits.

In a natural equilibrium there is usually no government intervention so option A is false. Option B gives only one agent potential benefits and as such there is no equilibrium. Option D is conditional and may or may not happen as when the agents find missing information they would optimize again and move to an equilibrium.

Hope that helps.

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Why would the government allow companies to buy and sell permits that allow companies to emit specified amounts of pollutants

Arturiano [62]

Answer:

To removes bias in the allocation of emissions rights.

Explanation:

The government allow companies to buy and sell permits in order to removes bias in the allocation of emissions rights. These permits are given to the companies that allow other companies to emit a specific amount of pollutants from their industries. If there is no permits given to companies so these companies emits huge amount of pollutants which pollute the whole environment.

7 0

3 years ago

When borrowers fail to pay property taxes, allow their property to go into disrepair, or ______, they could face loan default.

kramer

When borrowers fail to pay property taxes, allow their property to go into disrepair or miss scheduled mortgage payments, they could face loan default.

Property tax is a charge made on real estate that is owned by a person, a business, or another type of legal body. Property tax is most frequently a real estate ad-valorem tax, which is regarded as a regressive tax. It is computed by the local government in the area where the property is situated, and the owner is responsible for paying it. Usually, taxes are calculated based on the value of the assets that are possessed, including land. However, a lot of places additionally tax things like vehicles and boats that are tangible personal property. The local governing body will use the assessed taxes to pay for water and sewer improvements as well as for other community-beneficial services including libraries, law enforcement, fire protection, and road and highway building.

Learn more about property taxes here:

brainly.com/question/15227817

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5 0

1 year ago

The Laramie factory runs two departments: the Preparation Department and the Processing Department. The departmental overhead co

Westkost [7]

Answer:

The answer are:

$62.50 per direct labor hour - for preparation department
$33.33 per direct labor hour - for processing department

Explanation:

To calculate the departmental overhead cost per direct labor hour we must divide the total overhead cost over the total amount of direct labor hours.

Preparation department: $25,000 / 400 DLH = $62.50 per DLH

Processing department: $20,000 / 600 DLH = $33.33 per DLH

6 0

3 years ago

Why do firms assess their sourcing capabilities?a. They can easily spot suppliers who are not practicing sustainable sourcing pr

Alexus [3.1K]

Answer:

The answer is c. They can gauge their success in improving their own value-enhancing contributions to the firm

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3 years ago

Suppose you give a customer change back for a $20, but she had given you a $50. she is a regular customer and will be returning

suter [353]

You should give her the rest of the change when she returns, but mention it to the manager immediately. The manager should know what happened.

8 0

3 years ago