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Taya2010 [7]
3 years ago
10

World trade has grown substantially in the last 60 years. for example, while world output grew at an annual rate of 3.8% per yea

r between 1950 and 2003, world exports grew at 10.8% per year over the same time period.
Business
1 answer:
kenny6666 [7]3 years ago
6 0

Answer:

it will grow 20.16

Explanation:

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Identify a type of market failure. Provide an example of that type of market failure and briefly explain one way that the govern
Rufina [12.5K]

Monopoly power, inefficiency, absent markets, and other factors can all result in market failure. Government is help to reduce the negative effect of that market failure such as implemented taxes and laws. An example of a market failure is music application.

What is market failure?

When we talk about "market failure," we're talking about an economy where there is an inefficient flow of commodities and services on the open market.

Inefficiency, absent markets, insufficient markets, and negative externalities are the main forms of monopoly power. audio player: All listeners hear the song, yet it cannot affect them directly. It is unable to determine whether or not a user has paid.

The government must address market failure issues brought on by additional regulations, taxes, tariffs, subsidies, and trade restrictions.

As a result, monopoly power, inefficiency and missing markets types of market failure. Government implemented taxes and laws. Ex of music app.

Learn more about on market failure, here:

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3 0
2 years ago
Your parents have accumulated a $120,000 nest egg. They have been planning to use this money to pay college costs to be incurred
Julli [10]

Answer:

At the end of the 4th year, the original $87,000 less an annual vacation expense of $10,000 would have compounded at an interest rate of 7% to become $69,640

Graduate school costs $24,060. The funds will expire after 2.9 years

Explanation:

Kindly refer to the attached document for clearer breakdown of the workings

5 0
3 years ago
Which of the following is TRUE?​ a. ​All of the above b. ​Attending and listening are the ways in which you communicate empathy.
AysviL [449]

Answer:

a. All of the above

Explanation:

Attending refers to being present or being available for someone. Listening refers to patiently hearing the client and their issues.

Attending and listening are the ways which depict the trait of empathy, which refers to sympathizing with understanding and trying to experience others feelings.

At the same time, attending and listening activates many areas of brain which aids in effective communication and better comprehension.

Also, such traits serve as a basis for conducive working alliance between counselor and the client.

3 0
3 years ago
You operate a small catering firm specializing in sit-down dinner parties that you prepare and serve yourself with no helpers. A
Greeley [361]
Well I would say B because the passage states that she doesn't have the staff and so on and so forth. But it didn't say that she couldn't cook it so I would cook it but make her subcontract the rest.
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3 years ago
Product warranties, effects of environmental problems, and lawsuits are examples of transactions or events that give rise to
Rama09 [41]

Product warranties, effects of environmental problems, and lawsuits are examples of transactions or events that give rise to Contingency.

<h3><u>What is Contingency?</u></h3>
  • A contingency is the potential possibility of a bad event, such as a pandemic, economic downturn, natural disaster, fraud, or terrorist attack. The coronavirus outbreak that struck businesses in 2020 made many employees reliant on remote work.
  • Companies had to adopt a remote work strategy as a result. Working remotely wasn't an option for some organizations, though, and as a result, increased security measures for both employees and clients were put in place to stop the virus from spreading.

Although contingencies can be planned for, it is often impossible to predict the kind and breadth of such unfavorable events in advance. Businesses and investors conduct analyses and put defensive measures into place to prepare for potential possibilities.

Know more about Contingency with the help of the given link:

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4 0
2 years ago
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