Answer:
Balance the relationship between business and society.
Explanation:
Government regulates both society and business.
The government regulates businesses to ensure that the activities of businesses are in the best interest of the society. This is why they regulate monopolies, tax companies that create negative externalities and subsidise the activities of companies that provide positive externality.
Government also has to look out for businesses by ensuring that the amenities and facilities needed for smooth running of business activities are in place. This is why a government may regulate import activities through quotas or tariffs.
I hope my answer helps you.
A written warning. Many businesses "write a person up" for inappropriate behavior which can lead to dismissal if frequent.
Answer:
C. the market demand curve understates the relative importance of the product and resources are therefore underallocated to its production.
Explanation:
Positive external benefits refer to third party positive side effects, above & beyond private marginal benefit to the concerned consumer.
Eg : Education - Its consumption not only affects the concerned person, but the positive trickle down to the people & society around.
Personal consumption decisions are based on : equalisation - of private marginal benefit (demand) curve & private marginal cost curve. However, goods having positive external benefits have real marginal benefit curve increased over private benefit curve, by the extent of extra marginal social benefit.
So, market demand (based on private marginal benefit) curve understates the importance of product, and resources are therefore underallocated to its production (due to undervaluation of demand).
<span>This is the execution step. The five PR execution steps are Report, Locate, Support, Recover, and Reintegrate. The Report step involves reporting events. The Locate step involves locating efforts, beginning with the initial report and continuing until recovery is complete. The Support step is about giving support to IMDC personnel. The Recovery task ends after the IMDC personnel are handed over to the medical personnel for reintegration. Reintegration ends when a person is returned to duty with no further care needed.</span>
C. clearly outline the job's responsibilities.
I hope that helps! :)<em />
