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Lelechka [254]
2 years ago
8

If there are important external benefits associated with the consumption of a product:_______.

Business
1 answer:
pentagon [3]2 years ago
4 0

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).

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Starfish that reproduce by splitting into pieces are reproducing by what
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Answer:

The answer is fragmentation

Explanation:

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3 years ago
All of the following are organization-directed benefits associated with offering unconditional guarantees except: a. the guarant
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Answer:

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3 years ago
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Answer:

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d. Cost of supplies (cups, plates, spoons, etc.) relative to the number of customers.  [Variable]

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Explanation:

8 0
3 years ago
For what eccentricity is the secondary focus (which is usually empty) located at the sun? What is the shape of this orbit?
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Explanation:

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