Answer:
the traffic created by a city hosting a popular event
Explanation:
Negative externality is when the benefits of economic activities to third parties is less than its cost. Negative externality is a form of market failure.
The cost of the event to the city is the traffic.
I hope my answer helps you
Answer:
C. Cost of goods manufactured
Explanation:
Cost of goods sold refers to all the direct costs associated with the production of goods such as purchases and direct expenses such as freight inwards.
For a manufacturing concern, cost of goods sold represents cost of goods manufactured. Usually cost of goods manufactured includes, cost of material purchased, factory overhead costs incurred and labor wages paid related to the manufacture of a product.
Answer:
The inflation rate is different using the two methods as the rate of inflation calculated by the CPI holds basket of goods and services constant while the GDP deflator allows it to change.
Explanation:
i. Value of market basket of the good in 2020 = ($50*2) + ($5*6) = $130
Value of market basket of the good in 2021 = ($70*2) + ($6*6) = $176
CPI in 2020 = ($130 / $130) * 100 = 100
CPI in 2021 = ($176 / $130) * 100 = 135.38
Thus, The percentage change in overall price level is = [(135.38 - 100) / 100) * 100 = 35.38%
ii. Nominal GDP in 2020 = ($50 * 20) + ($5 * 60) = $1300
Nominal GDP in 2021 = ($70 * 21) + ($6 * 80) = $1950
Real GDP in 2020 = ($50 * 20) + ($5 * 60) = $1300
Real GDP in 2021 = ($50 * 21) + ($5 * 80) = $1450
GDP deflator in 2020 = (Nominal GDP in 2107 / Nominal GDP in 2107) * 100 = ($1300 / $1300) * 100 = 100
GDP deflator in 2021 = (Nominal GDP in 2108 / Nominal GDP in 2108) * 100 = ($1950 / $1450) * 100 = 134.48
Thus, the percentage change in overall price level is = [(134.48 - 100) / 100) * 100 = 34.48%
Answer: Priority item.
Explanation:
I believe there should be options here but PRIORITY ITEM should be the answer anyway.
Priority items are the most critical items. They refer to a provision in the 2009 FDA FOOD CODE which when applied contribute directly to the hazards of foodborne illness or injury being eliminated, prevented or reduced to an acceptable level.
They include actions such as cooking, reheating and handwashing.
<span>When your ability to divide your attention is impaired the chances of being involved in a collision increase. A BAL as low as <u>0.02</u> has been shown to affect divided attention while driving.
BAL stands for Blood Alcohol Concentration Level. As the BAL increases, so does the level of impairment. The nearer the BAL is to 1, the more probable it is to meet an accident while driving. Thus, it is better to either ride a cab in going home or sleep in a safe place until the alcohol leaves the bloodstream.</span>
