Answer 1. there might be too much power
Answer:
when individuals take external costs and benefits into account in their decision making.
Explanation:
In economics, an externality is defined as the benefit or cost that has an impact on someone or a third party who had no intention of incurring the cost or the benefit. Externalities are either positive or negative. However, internalizing an externality simply implies moving away the costs or burden from a negative externality from outside to inside. Taking external costs and benefits and putting them into account in a decision making is simply an example of internalizing an externality.
Answer:
→ Perfect example of ideal culture in the school is prohibition of cheating. There is not a single school where cheating is allowed on a test. Reality somehow different. Although cheating is not widely practiced it is certain that some students try to do it especially when they have tests all week. so, cheating becomes a part of real culture at the school. It is quite clear that ideal culture should not be abandoned because if cheating was allowed that would make tests pointless. instead students should aspire to pass tests only with their knowledge and not with any kind of extra help.
Explanation:
If you are low on time and income you would be less likely to invest in smaller things. If opposite you would be more likely to move freely and carelessly with your investments.
it was the election for Lincoln's presidency
