Answer: C. Reflects the inability to exclude an Individual from the benefits of someone else's purchase.
Explanation:
The Free-rider problem is a concept in economics that describes the fact that sometimes people benefit from goods and services that they wither did not pay for or underpaid for.
There has been a failure to exclude those individuals who are free-riding from the benefits of goods and services that other people are paying for. A simple example of the free-rider phenomenon is using Wikipedia. Most of those who use it do not contribute or pay for its upkeep in any way yet reap the benefits of its extensive information.
Answer:
the destruction of jobs due to labor skills of certain workers becoming obsolete.
Explanation:
Social costs in economic thinking are the amount of the personal costs accrued as a component of an activity as well as the expenses levied on customers as a function of becoming subject to the activity in which they are not paid. That is the sum of private and institutional expenses, in other terms.
Due to economic growth, demand has been rising for commodities leading to technology improvements which further leads to lower demands for labor and joblessness. However, majority of the economists states that technological improvement only enhances employment opportunities and joblessness occurs for a temporary period.
Answer:
interchangeable parts and assembly lines
Explanation:
Answer:
The correct answer is option A.
Explanation:
Income tax is a tax imposed by the government on the income earned by the individuals. This income can be from capital and labor. It creates a deadweight loss in the market for labor and capital.
Deadweight loss is the loss to economic efficiency and production caused by a tax. The imposition of a tax creates a tax wedge, this tax wedge leads to a deadweight loss. Deadweight loss due to income tax is the loss of purchasing power or reductions standard of living due to tax.
The inefficiency or tax burden depends upon the elasticities of demand and supply. Whoever has the least elasticity will share most of the tax burden.
Yes, It would be advantageous for wynn manufacturing corporation if the cranston division makes the investment under consideration.
- Since managers are charged with maximizing the potential of their own units, it is crucial to frequently assess their performance in the workplace.
- Target measurements can be used to assess managers of investment centers' performance.
- Businesses typically have a target or targeted rate of return they would like to reach in order to assess a project's viability.
- It is profitable for the firm as a whole to move forward with the project in this case because the project's projected return of 18% is higher than the company's desired rate of return of 16%.
To learn more about investment visit:
brainly.com/question/15105766
#SPJ4
