Externality An economic side effect of a good or service that generates benefits or costs to someone other than the person deciding how much to produce or consume. When the production or consumption of a good or service has an effect upon a third party. Failure of the market to achieve a social optimum where MSB = MSC
The answer is a)produce or consume
A local speed limit is an example of a real world situation that cam be mathematically represented by inequalities.
For example, if the local speed limit is 45 mph, you can write:
Speed ≤ 45 mph.
This notation means that speed is less or equal to 45 mph
It would be the US. The US economy sky rocketed after WW2.
Answer:
the government
Explanation:
Progressives generally believed that industrialism and urbanization had created many social problems. Most agreed that the government should take a more active role in solving society's problems. Progressives belonged to both major political parties and usually were urban, educated middle-class Americans.
Answer:
They won by surrounding british troops and drying out their resources.
Explanation:
The battle for independence was ongoing but in the end they won by outlasting the British soldiers.