Answer:
True
Explanation:
The charter is the authorization for a bank to start its operation. This document is received by each state in which the bank operates.
A government will create a surplus in a market when it: Sets a price floor above the equilibrium price.
The equilibrium charge is the marketplace charge wherein the number of goods supplied is identical to the size of goods demanded. that is the factor at which the demand and supply curves inside the marketplace intersect.
Answer:
790,000, i.e. $79 x 10,000= 790,000
. Yes, the manufacturer should change the design. 666,667 (when it goes from 1/10,000 to 1/15,000). It is 500,000 (when it goes from 1/10,000 but 1/20,000)
. No, the benevolent social planner would not agree with the manufacturer's decision.
Explanation:
In the estimates provided by the manufacturer, the total cost of the design is equivalent to $79 x 10,000= 790,000. There should be an alteration in the design to remove the necessary precautions. If the probability is different from the estimate provided by the manufacturer, the planner will disagree with the decision made by the manufacturer. For example, a change to 1/15000 will make the total cost to be approximately $666,667.
Answer:
The correct answer is letter "B": Beekeepers are paid for the pollination services their bees provide, thus internalizing the externality.
Explanation:
Internalizing the externality refers to transferring the obligation (costs) from a negative externality -pollution or congestion in traffic, for instance- from outside to inside. This can be achieved by imposing taxes, property rights, tolls, and subsidies from the state.