Answer:
The most applicable answer from my point is in such a scenario, producers overproduce the product because of a supply-side market failure.
Explanation:
So what is market failure? Simple, Market failure occurs when a market is unable to effectively and efficiently manage its resources because of the breakdown of price mechanisms functions which rare caused by negative and sometimes positive externalities.
In here, Supply side market failure occurs when the producers don't have to pay the full cost of their output. That is the actual cost of production is greater that the recorded cost.
In Market failure, the supply and demand of the market do not meet the equilibrium price and quantity and eventually leads to the loss of social welfare and ineffective economic decision making.
Imperfect information in the market and the increase of power in the sellers side could lead to supply side market failure.
Answer:
As an entrepreneur, you have a <u>competitive advantage</u> when buyers choose your products or services over your competitors.
Explanation:
Competitive advantage can be understood as an advantage that any organization or any firm might have over its competitors due to various possible reasons. When customers prefer the product of any particular company over other companies in the same genre, then the former company is an aid to possess a competitive advantage over its competitors. The reason for this preference could below the pricing of the product, greater quality or sometimes even greater brand value of the product.
Answer:
An increase of $54
Explanation:
Any increase in current assets will decrease in cash. On the other hand, any decrease in current assets will increase cash balance.
Inversely, any increase in current liabilities will increase cash and any decrease in current liabilities will decrease cash balance of the period.
Increase in inventories ($248)
Increase in accounts payable $186
Decrease in accounts receivable $139
Decrease in other current asset $61
Decrease in other current liabilities ($84)
Total change $54 - an increase in cash
Honestly not really unless youre into match or something like that but match is basically just a app that most people use to find casual sex.
Answer: have multiple selves
Explanation:
These multiple selves describes the different versions or possibilities of being. For example, one may decide to rebuke himself of a particular deed, the same person accepts his fault, feels sober and try to work things out all by himself. Here, he has exhibited the version of the one who blames, also as shown the version of the person who is to be blame, the version of the one who accepted his fault, feels sober and probably planning to turn a new leaf.