Answer:
c. There are more unemployed resources.
Explanation:
Equilibrium level of income is the level of income where aggregate supply in the economy is consistent with aggregate demand. that is the level of income planned savings is equal to planned expenditure. the equation can be written as S = I. where S = savings and I = investments
At equilibrium income level, aggregate expenditure is equal to aggregate output. The equilibrium equation can be written as Y = C+I+G+X-M where
Y = national income, I = investment expenditure of the firm, G = government expenditure on goods and services, X = export, M = import.
Corporations use social media for various purposes, but from the available options, the two ways they are most commonly used is for (B) advertise their services and check the market and (D) keep up with the latest industry news.
Advertising their services can lead to increased sales for corporations since people nowadays use their social media a lot. Keeping up with the latest industry news would also be helpful for corporations in using the right approach for advertising as well as creating product diversification that are suitable for the market they are aiming for.
If the price of a product falls to what is considered a bargain price, a shortage would occur.
A shortage occurs when the quantity demanded exceeds the quantity supplied. A shortage occurs when price is below the equilibrium price.
A surplus is when the quantity supplied exceeds the quantity demanded. A surplus occurs when price is above the equilibrium price.
When the price of a good falls to what is considered a bargain price by consumers, it means that the price of the good is below the equilibrium price.
When the price of a good is below equilibrium, quantity supplied would fall and the quantity demanded would exceed supply. As a result, there would be a shortage.
To learn more about shortage, please check: brainly.com/question/16137233?referrer=searchResults
Answer: Positive ways; Barriers in connecting is slightly no more, Negative ways; Increase in fraud and cyber theft
Explanation:
The internet has changed the conduct and cordination of global business in many ways both positively and negatively. Considering the positive ways
Positive Ways: Barriers in connecting is slightly no more: connecting to one another has been made easy to do business recently, people in continents can carry out a transaction and a trade under minutes of interaction and get the goods and services exchanged among each other immediately.
Negative ways; Increase in fraud and cyber theft; despite the swift nature of doing business now, it has also Increased fraud as some people disguise themselves to be traders and businessmen just to collect people's money.
Answer:
b. private producers of such goods will have little incentive to control costs and provide them at low prices
Explanation:
Externality is a situation where the production activities of market participants (either producers or consumers) have an effect on third parties not involved in production.
Externality is a form of market inefficiency.
Negative externality is when goods are produced privately, but the cost of their purchase is paid for by the taxpayer or some other third party.
When negative externality occurs, producers have little incentive to reduce cost because they don't bear the total brunt of their activities. This is why activities that generate negative externality are over produced.
Government needs to step in to control this problem. They can either impose tax on producers or regulate their activities.
Pollution is an example of negative externality.
I hope my answer helps you
