Answer:
The correct answer is B
Explanation:
Resources are used efficiently in the sunhat market because when marginal social benefit equals marginal social cost, total surplus is maximized. Thus, From the given four options only the option B is the correct option.
MSC = Marginal Social cost
MSB = Marginal Social Benefit
It is becuase in the competitive market, the quantity that is supplied in the market in same to the quantity which is demanded.
Answer: 4. Demand will shift inwards, lower rates and decreasing lending.
Explanation:
People demand loanable funds for spending on consumption and investment. If there is a recession, people will buy less goods and companies will invest less as well.
This will reduce the demand that people and companies have for loanable funds. The demand will therefore shift inwards to the left and lead to lower rates and decreased lending.
Answer:
b. Noise
Explanation:
Although there are other factors that may act as barriers to effective communication. However the most likely factor here is noise.
It is most likely that when Mary was stating that a dozen cookies cost $2.99, the newspaper staff was affected by noise coming from people or the printing press machines and thought he had heard $29.90.
Answer: C.) Neither approved the application nor issued the policy
Explanation:
The most difficult to construct.
