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3 years ago

The social cost of cutting trees for firewood in a government forest is:

Business

1 answer:

alukav5142 [94]3 years ago

5 0

Answer:

d. the increased likelihood of flooding as more trees are cut plus the private cost of cutting the trees.

Explanation:

Social cost is defined as private cost incurred by individuals involved in a transaction along with external cost incurred by third parties that are not directly involved in the transaction. Basically it is the total cost to society for carrying out an activity or transaction.

In the given instance private individuals are incurring cost of cutting trees in a government forest, and the cost to the society at large is the increased likelihood of flood because the trees have been cut down.

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How might increasing the level of government transfers reduce the size of the economic pie? check all that apply?

maksim [4K]

Since the increasing level of government transfers only transfers the wealth without actual creation of goods/services, Higher taxes may be necessary to finance increased transfer payments, leading to a reduction in hours worked because of a decrease in the reward for productive activity. Not only that, <span>.Greater transfer activity diverts productive resources into rent-seeking activity</span>

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3 years ago

A bakery is one of many that operate in the bread industry. The market demand curve for bread is downward-sloping. The bakery in

RoseWind [281]

Answer: (d.)The bakery faces a flat demand curve.

Explanation:

The bakery faces a flat demand curve because a firm in a perfectly competitive market is a price taker and the demand curve for a firm is equal to the price the supply curve is a part of Marginal cost above Average variable cost , so the supply curve is upward sloping . The bakery is in the perfectly competitive market so it can earn positive, negative or zero economic profit in the short run and zero economic profit in the long run.

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3 years ago

Max separated the workers by gender and then asked only the men to work the evening shift from 5 P.M. to closing. This is an exa

Lady bird [3.3K]

Answer:

D. Disparate treatment

Explanation:

Disparate treatment is a form of unlawful discrimination in the labour force. It's when a manager or leader gives unequal treatments to workers because of a certain characteristics. It is an intentional employment discrimination.

In this situation, the men suffers the evening shift just because they are men (certain characteristics).

Apart from gender another characteristics that is subjected to unequal treatments is race, where one race suffer more treatment than the other race.

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3 years ago

Which of the following are examples of a primary market transaction? a. A company issues new common stock. b. An investor asks h

ella [17]

Answer:

d. Statements a and c are correct

Explanation:

The primary market is the market where for the first time the new securities such as shares, stocks, bonds, etc. are being sold to the general public or we can refer initial public offer. The initial public offer is an example of the primary market

On the other side, the secondary market is that market where the shares are bought or sold through the investors after the sale to the public at large.

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3 years ago

What is resource partitioning?

Anestetic [448]

Answer:

See explanation below foe answer.

Explanation:

Resource partitioning is a term that refers to the division of resources that are limited by species in order to avoid competition in an ecological niche. In an environment where organisms are in constant competition for limited resources, there arises the need for the organisms and different species to find ways in which to coexist with one another.

An example of Resource Partitioning be seen when two species of hummingbirds in a tropical rainforest, each using flower nectar as their main source of food. But, individuals of the same species can compete with each other also.

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3 years ago