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Yuliya22 [10]
3 years ago
5

Suppose a firm that produces for this market is able to dump toxic chemicals into a river next to its factory, which poisons wil

dlife and harms the health of nearby residents who have no business with the company. This scenario is characterized by , which is an example of . Grade It Now Save & Continue
Business
1 answer:
DerKrebs [107]3 years ago
7 0

Answer: an externality, market failure

Explanation:

Externality, simply refers to the gains and the costs that a third party gets due to the productivity or consumption activities of an individual or firm. In the above question, a negative externality occurs as the production of the firm has a negative effect on wildlife and the people living in the area.

In this case, the externality results in market failure which is due to the inefficiency with regards to the distribution of the goods in the free market.

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Answer:

False

Explanation:

The scenario described above is called Showrooming, where customers just go to a store to find out about various products. They do not buy and look for alternative cheap options.

On the other hand, automated retailing occurs when products are stored in a machine that can dispense to customers.

An example is a soda vending machine.

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chubhunter [2.5K]

Answer:

Benefits of being employed in the education sector include:

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Developing a resilient brand is less about <u>pushing a product</u> and more about <u>building trust</u> with the consumers.

<h3>What is a resilient brand?</h3>

Resilience in branding relates to the concept of creating brands that can last longer in the market.



The qualities of a resilient brand are, they able to:

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See the link below for more about resilient brand:
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Holding other things constant, an increase in the inflation rate in the US compared to China may cause the demand for dollar to
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