Answer: 11 billion billion pounds
Explanation:
When a negative externality exists, the marginal social cost is always higher than the marginal private cost. So, the correct answer is option A the private marginal costs are less than social marginal costs.
<h3><u>What is a negative externality?</u></h3>
When the manufacturing process has a negative impact on unconnected third parties, this is referred to as a negative production externality. For instance, manufacturing facilities contribute to noise and air pollution throughout the production process.
<h3><u>What happens when a negative externality exists?</u></h3>
The marginal social cost and the marginal private cost are no longer equal when a market has negative production externalities. As a result, the supply curve (which indicates the marginal private cost) does not accurately reflect the marginal societal cost and the social cost is instead larger due to the externality's per-unit cost.
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Answer: Pure play
Explanation:
A pure play method in finance is an approach that is used to estimate and determine the cost of equity capital of a private company which involves looking at the beta coefficient of other single focused and public companies.
Pure-play companies are the companies that are involved in a single line of business.
Switching costs, number of buyers, and if the items represent a relatively small portion of the cost of finished products are key considerations regarding the bargaining power of buyers.
Switching costs are the costs which are paid by a consumer as a result of switching brands, suppliers, or products. Some companies may employ high switching costs in order to prevent customers from moving to another brand.
Suppose if the customer purchases large volumes of standardized products from the seller, then the buyer's bargaining power is quite high. Also, when substitute of a product is available in the market, the buyer power increases.
Hence, most prevailing switching costs are monetary in nature.
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Answer: Technician A is correct.
Explanation:
Poor Wheel Bearings causes a car when driven to make noise when turning and it sounds like grinding. Bearings act like a cushion between an axle and the wheel. Due to the action of the bearings, they reduce to the barest minimum the friction between the two moving parts. That's why, a worn out wheel bearings leads to friction that causes the grinding sound when turning as the car bends.
In the case of the question the growling sounds are heard from the rear wheels, which increases the likelihood that faulty bearing is the rear ones.