Answer:
Alexander would enhance his stereo playing for 100 dollars more. Mary would pay a lawyer 100$
Explanation:
Socially optimal solution is the situation where all external costs are taken into account, as well as internal costs and benefits. Therefore, If Alexander's benefits from playing the stereo is 250 dollars and Mary's costs are 350 dollars, than in order to get socially optimal solutions, Alexander could enhance his stereo playing for 100 dollars more. Mary would pay a lawyer up to 100 dollars.
Answer: Capital rationing
Explanation:
Capital Rationing occurs when a firm has to ration capital because there's no enough fund to invest in all the attractive projects.
Capital rationing is used by companies in order to limit the number of projects which they'll invest in at a time.
Since Serena has to rank several alternatives for purchasing a new piece of equipment based on the fact that there is constraint with regards to the availability of funds, this is capital rationing.
Instead of living in a service economy, we now live in a(n) Mixed economy.
Explanation:
- A mixed economy consist of both private and government /state owned economies which share control of owning, making, selling, and exchanging good in the country.
- U.S. and France are two example of Mixed Economy
Answer:
A. A large, well-established company wants to get its products into several markets at once.
Explanation:
A multinational indirect exporter is ideal to reach foreign markets with a low level of risk as they already have contacts that might help with the distribution and logistics.
