Answer:
D. both a and b.
Explanation:
The marginal cost of production is the marginal private cost. When an individual or a firm spend extra cost for an extra unit of good or service, it is called marginal private cost. The marginal social cost of production is the cost that an entire society pays for the consumption of an extra unit of goods or services.
The extra benefit a consumer gets from the use of extra good is referred to as the marginal private benefit. When there is a change in benefit due to the extra unit of consumption, it is the marginal social benefit. It includes an extra benefit.
The economic efficiency of a market equilibrium deters the marginal private cost and benefit. Externalities affect that market equilibrium.
So, both a and b is the answer.
Answer:
The correct answer is option (c).
Explanation:
Equilibrium price occurs at the intersection of the demand and supply curves. That is, a particular quantity that both the supplier and the buyer are willing to exchange at a particular price.
At any price below the equilibrium price, quantity demanded would be more than the quantity supply, so this scenario creates a shortage (excess demand), so producers would be willing to sell the limited quantity at a higher price, preferably at the equilibrium price.
At any price above the equilibrium price, the quantity supply would be more than the quantity demanded, so there would be a surplus (excess supply) in the market. Producers would be willing to collect a lower price, preferably the equilibrium price.
Answer: Target market
Explanation:
The target market is one of the group of the customers where the various types of firms are targeting for the purpose of selling their products and the services.
For developing the various types of marketing based plans in an organization the target market is one of the initial step in the planning process.
According to the given question, Jeremy is running the shop in mexico where they sell the Scuba diving equipment and he start making the various types of marketing programs for the purpose of attract the diver by using the target market.
Therefore, Target market is the correct answer.
DEPARTMENT OF LABOR
Occupational Safety and Health Administration
[Docket No. C-02]
Safety and Health Program Management Guidelines; Issuance of Voluntary Guidelines
AGENCY: Occupational Safety and Health Administration (OSHA). Department of Labor
ACTION: Issuance of voluntary guidelines.
SUMMARY: The Occupational Safety and Health Administration (OSHA) is issuing safety and health program management guidelines for use by employers to prevent occupational injuries and illnesses.
https://www.osha.gov/pls/oshaweb/owadisp.show_document?p_table=federal_register&p_id=12909
Answer:
8.46%
Explanation:
Monthly interest rate = 0.640%
Number of month in year = 12
Investment in non-interest bearing = 6%
Effective annual interest = [(1 + Monthly interest rate)^Number of month] - 1 / (1 - Investment in Non-interest)
Effective annual interest = [(1 + 0.640%)^12] - 1 / (1 - 6%)
Effective annual interest = (1.0064)^12 - 1 / 0.94
Effective annual interest = 1.07956187072 - 1 / 0.94
Effective annual interest = 0.07956187072 / 0.94
Effective annual interest = 0.084640288
Effective annual interest = 8.46%
Hence, the Effective annual is 8.46%.
