Answer:
Below you will find the paragraph completely developed.
Explanation:
Because conventional gasoline powered cars burn fuel during their operation, people who drive gasoline -powered cars impose a Negative externality on the society.A policy implification of this results is a Tax on those who drive electric cars impose a Positive externality on the soceity.A policy implification of this result is Subsidy for those who drive electric cars.
Answer:
D some firms leave the industry and the existing firms slowly adjust their production to reach their minimum efficient scale.
Explanation:
In a perfectly competitive industry at starting there is a short-run equilibrium in which all the firm is earning zero economic profit but these firm operated below the minimum efficient scale or we can say minimum requirement i.e lowering the average cost for the long run
By going through the options the option is correct as few firms leave the industry and other existing firms try to adjust the production in a slowly way so that they could reach their minimum efficient scale
Hence, the option d is correct
Answer:
The answer is: A) is the sum of all individual demand curves.
Explanation:
By definition the market curve is the sum of all individual demand curves in a market. It shows the total quantity of goods that consumers demand (are willing and able to purchase) at varying price points. Usually the curve shows a downward slope since consumer demand decreases as the price of a good increases.
Answer:
Usage variance=$750
Explanation:
<em>A material usage variance occurs when the standard quantity required to active a particular level of production is higher or lower than than the actual actual quantity used. A favorable variance would mean than less quantity of materials were used than the standard to achieve a given output level. And an adverse variance would mean the opposite </em>
<em> Pounds</em>
7,800 units should have used ( 7,800× 3) 23,400
but did use <u>23,100</u>
Usage variance 300
× standard price <u>$2.50</u><u> </u>
Usage variance <u> $750</u> favorable
Usage variance =$750
Unemployment, poverty and human rights are obstacles in the
formation of social responsibility. This
greatly prevents a person to be able to
develop social responsibility. Having a
job teaches a person the value of responsibility. It also enables him to stand on his own two
feet and later encourages him to do a bigger role in society. If a person is financially secure and have rights
then that person can do more for society.
