Externalities - An externality is such type of outcome which is not directly incureed by the producer but its consequences are incurred by society as a whole. The externalities can be negative as well as positive.
Negative externality- A externality that has a negative and harmful effect on society, as well as firms, are called negative externalities.
- For eg., A firm polluting the environment to save the cost of production will have negative consequences on society as a whole.
Positive externality - An outcome of the decisions and execution of a company that has led to positive consequences for both company and the society.
- For eg., the perfect example of positive externalities is the research and development work of any company. The research and development benefits not only the company to enhance its efficiency but it also benefits society by gaining the knowledge from the research, employment from work, etc,
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Personally, i believe it shouldn't, unless the number of votes required is more than half of the total population.
If, a legislation could be chosen by voters ballot, there is simply no need for the legislative branch to exist, because their decision could be easily overrun by the ballots.
The second problem is, voters ballot will be chosen purely by voter's selfish personal desire without having to pay attention what the whole nation needed
Answer:
Many fish have an outer covering of scales. Scales protect fish, much like a suit of armor. All fish have a slimy covering of mucus. This substance allows the fish to swim through the water with very little drag and also makes it difficult for other organism to attach to the fish.
Explanation:
Answer:
C
Explanation:
His failure to increase trade with the British West Indies
A i think I’m not sure prob
