Answer:
Explanation:
The correct answer is the amount of a good that firms are willing and able to sell at a particular price during a given period of time.
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Answer:
Wormwood limited
Production plan that will yield the least cost of $49,630 is shown in the attached document.
It entails maxing out the regular capacity from period 1 to 5, and using regular to produce only 140 units in period 6
It further entails using overtime to produce 10 units from period 1 to 5. And subcontracting only in period 4 to cover the demand/production gap.
This will keep inventory of 10 units in period 2, which is carried into period 3 and consumed in period 4.
Answer:
The correct answer is letter "C": increase; remain unchanged.
Explanation:
Externalities are the effect by which third parties are affected by the actions of others even if the third party does not have to do with operation s of the entity causing the harm. The typical example of an externality is related to companies' pollution. Governments are more than likely to impose taxes on such organizations. Not to affect their profits and to keep their production at the same level, those companies raise the price of their products affecting the consumer eventually.
Then, <em>imposing levies on carbon will rise the price of carbon goods keeping the quantity produced at the same rate.</em>
Answer:
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Explanation:
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