Answer:
b. the marginal social benefit to exceed the marginal private cost of the last unit produced.
Explanation:
<u>Positive Externality-</u>
Positive Externality occurs when production or the consumption or of the good causes benefit to the third party.
For example, when the individual consume education in order to be uplifted and get a benefit but this education also benefits the society by uplifting the whole society.
<u>Positive externality causes the marginal social benefit to be greater than the marginal private benefit.</u>
Answer:
The relationship has the largest effect size.
Explanation:
So, we are given in the question above the following information or data;
(1). That the ''randomly samples 1,500 elderly men and women in Nashville, Tennessee (the state capital), located in the southern United States".
(2). Life satisfaction and experience of daily stress: r = −.57 (p = .01).
(3). "Number of friends one has and experience of daily stress: r = .09, not sig."
(4) ,"Number of friends one has and life satisfaction: r = .36 (p = .04) ".
Hence, if we compare all these correlations, Dr. Gomez will be most able to accurately predict life satisfaction from the experience of daily stress because the relationship HAS THE LAGEST EFFECT SIZE.
When people experience stress daily they develop lesser satisfaction. Scatterplot can be created for the relationship. So, if you look at the 3 correlations and the size given we can be be able to predict life satisfaction from the experience of daily stress
There is a triangle of businesses where they trade things because they don’t have the things they need for there business so they do that to get get they things need
Spain was once the World’s most powerful country. By the 20th century it was a poor and backward country where corruption was rife. It had lost nearly all of its overseas possessions (e.g. Cuba, the Philippines) and great extremes of wealth and poverty caused severe social tensions. Industry was confined mainly to Barcelona and the Basque country. Spaniards were divided on the type of government that they wanted. Monarchists were conservative and Catholics and did not want to reform Spain. Those who wanted a republic were anti-clerical and hoped to reform Spanish society. There were a number of areas where it was felt reform were needed:
