Answer:
I would politely reach out to XYZ organization and let them know I won't be taking them on their offer
Explanation:
In this particular situation, there is no legal binding in this agreement to start work. There is no responsibility from me to XYZ corporation.
If this new offer excited me more than what XYZ corporation has offered, then I have to decide which company i would decide to do my internship with. So I would have to politely decline the offer from XYZ.
Answer:
D
Explanation:
The activities of the chicken firm constitutes a negative externality to the environment
A good has negative externality if the costs to third parties not involved in production is greater than the benefits. an example of an activity that generates negative externality is pollution. Pollution can be generated at little or no cost, so they are usually overproduced. Government can discourage the production of activities that generate negative externality by taxation. Taxation increases the cost of production and therefore discourages overproduction. Tax levied on externality is known as Pigouvian tax.
Government can regulate the amount of externality produced by placing an upper limit on the amount of negative externality permissible
Coase theorem has been proposed as a solution to externality. According to this theory, when there are conflicting property rights, bargaining between parties involved can lead to an efficient outcome only if the bargaining cost is low
Another solution to negative externality is through the activities of charities. Charities can raise donations to limit or regulate the activities of firms that constitutes a negative externality. This is the solution employed here.
Bill Gates' initial contribution to his foundation was his hard work, time and money. Bill Gates was a hacker since he was still 13 years old. Since then Bill Gates never stopped pursuing his dreams, he made the world of computer become his own world.
According to the quote by Alice Rivlin, if you have a rudimentary working knowledge of economic concepts, you will be, Division of labor is a characteristic.
Division of labour, is the separation of a work manner into some of the duties, with each mission accomplished with the aid of a separate character or institution of humans. Its miles are most often carried out to systems of mass production and is one of the fundamental organizing standards of the assembly line.
A totally basic instance of a division of labor can be seen in food gathering. In early societies, guys would be the hunters, and girls and kids might put together the food and acquire berries. The concept changed in that it became a very simple department of labor to enable the quality use of different skill units.
The division of exertions will increase production and makes it greener by means of dividing the separate duties of creating an item among different people and thereby simplifying the job anybody should perform.
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