<span>This is a true statement. When Joseph is setting these plans, he is giving himself a roadmap on how he and his employees will best achieve these goals over the timeframe required. By planning, he can make sure that the business stays on track to meet whatever figures the company has set forth.</span>
        
             
        
        
        
The type of externality where market equilibrium quantity produced will be more than socially optimal quantity in absence of governemtn intervention is Negative externality.
Let understand that whenever a production of good or service negatively affect the unrelated third party who is not directly involved in a market transaction, it is said that negative externality exists in the scenario.
A very good example of commonly cited Negative Externalities are air pollution and noise pollution which was caused during production an affects unrelated third party.
If there is presence of government intervention in the production, then, the production of goods or service will be halted.
Therefore, in conclusion, this type of externality is called the Negative Externality.
Read more about Negative Externality here
<em>brainly.com/question/13901028</em>
 
        
             
        
        
        
Answer:
1
Explanation:
Elasticity of demand measures the responsiveness of quantity demanded to changes in price. 
Elasticity of demand = percentage change in quantity demanded / percentage change in price 
Percentage change in quantity demanded = (30/20) - 1 = 0.5 = 50%
Percentage change in price = (1500 / 3000) - 1 = 0.5 = 50%
50% / 50% = 1
I hope my answer helps you 
 
        
             
        
        
        
BRICS is an acronym for the economies of Brazil, Russia, India, China, and South Africa combined, which in 2001 were the fastest growing major economies in the world. 
 
        
             
        
        
        
Answer:
In 1980
Explanation:
Year        Salary        Percentage Salary Increase        CPI Increase
1970       $12,000     -                                                      -
1980       $24,000    100                                                 50
1990       $36,000    50                                                   83.3
As can be seen in the table, the Professor's salary increase from 1970 to 1980 was twice as much as the CPI increase during the same period.
On the contrary, his salary increase from 1980 to 1990 was significantly less than the CPI increase during the same period.
Therefore, the professor's salary was highest in 1980.