Answer: 11 cars
Explanation:
Socially optimal quantity is determined where,
Demand = Marginal Social Cost
We have the demand function, now we must calculate the MSC.
We can do that as,
MSC = Marginal Private Cost + Marginal External Cost
MSC = 20 + 5q + 10
MSC = 30 + 5q
Going back to our original formula we can now solve for the socially optimal quantity as,
Demand = MSC.
100 - 5q = 20 + 2q
80 = 7q
q = 11.42
q = 11
11 is the socially optimal number of cars produced.
Answer:
The price you should sell your skateboards so that there is neither a shortage nor a surplus is $70
Explanation:
In order to calculate the price should you sell your skateboards for so that there is neither a shortage nor a surplus we would have to make the following calculation:
−6p + 400= 4p − 300
-10p=-700
p=70
The price you should sell your skateboards so that there is neither a shortage nor a surplus is $70
B. <span>Brenna wants to have a career in computer-related work.
D. </span><span>Cody wants to manage a company’s office</span>
Answer:
Tri-State's social actions would be classified as:
Corporate Social Responsibility.
Explanation:
Corporate Social Responsibility involves alignment or integration of the social and environmental concerns with the entity's operations and economic responsibilities for sustainable organizational development. It enables a business entity to remain relevant and accountable. Companies like Tri-State are increasingly trying to make a difference in their environments while building positive brand image by giving back to their community, taking active part in philanthrope, and providing positive social values.
