Answer:
The correct answer is letter "C": the sum of private and external costs.
Explanation:
<em>Neoclassical economics</em> -based on supply and demand as market drivers- define the social costs of transactions as the sum of private costs inherent in the operation and the costs consumers set because of being exposed to the transaction or the external costs. This cost differs from the <em>private costs</em> which are the expenditures a producer incurs in the production of a good or service.
Answer:
An elastic demand or elastic supply is one in which the elasticity is greater than one, indicating a high responsiveness to changes in price. An inelastic demand or inelastic supply is one in which elasticity is less than one, indicating low responsiveness to price changes
In economics, a factor market refers to markets where services of the factors of production are bought and sold, such as the labor markets, the capital market, the market for raw materials, and the market for management or entrepreneurial resources.
So I believe it is C
Answer:
v = 20 m/s
Explanation:
Given that,
Initial speed of the car, u = 36 km/h = 10 m/s
Acceleration of the car, a = 2 m/s²
We need to find the final speed of the car in 5 seconds. Let the final speed is v. So,
v = u +at
Substitute all the values,
v = 10+2(5)
= 10+10
= 20 m/s
So, the final speed of the car is 20 m/s.
Answer:
"Labor unions" seems to be the right approach.
Explanation:
- Labor unions, therefore, have a substantial effect on jobs, corporations, and as well as the political system.
- This seems to be a worker association done to negotiate with the workplace in addition to performance management, such as claims, labor issues, compensation, minimum wages, service time, as well as other job security.
