Answer:
A. e-commerce
Explanation:
E-Commerce or Electronic Commerce or internet commerce refers to the transacting of economic goods from the producer and the consumers; this includes buying of goods, selling , products, or services via the internet. The avances in technology has reduced the distance between the producer and consumer. You will websites, online stores etc have redefined commerce as a whole as business can be transacte over several continents/nations. E-Commerce is therefore the fastest growing form of retail trade in the United States, Europe, and Asia
Answer:
my be plastic wrep
Explanation:
because it seems to be elastic and its holds on very well
Answer:
Karl Marx
Explanation:
Karl Marx was a German economist that lived in the 19th century. His definition of capital as the most important factor of production was actually quite accurate and advanced for his time. He was the first major economist to state that capital by itself was enough to generate wealth.
He also proposed socialism as the higher stage of capitalism, which actually works in many European nations which are considered social democracies, e.g. Sweden, Norway, Denmark, Holland, Germany, etc., and at the same have the highest standards of living in the world.
Personally, I believe that his major flaw was to go a few steps further and believe in communism and that it would solve all of humanity's problems. Communism is not the same of socialism, since socialism believes in an economy under the influence of the state but also supports individual merit and private property. E.g. someone that works hard should be paid more, i.e. personal wealth is not bad. On the other hand, communism believes that the state must control the economy and that individuals should be rewarded based on their needs, not their work. It doesn't matter if you work hard or not even work at all, the state must satisfy your needs.
Answer:
If society wishes to reduce overall pollution by a certain amount, it is efficient to have firms with highest profit bearing the largest burden of reducing pollution and firms with lowest profit bearing the least burden. <u>FALSE.</u>
If society wishes to reduce pollution then the companies that are more efficient at reducing pollution should be the ones that reduce more. In other words, the companies that incur less cost when reducing pollution should reduce more pollution and those that incur more cost should reduce less.
Why are command-and-control approaches generally unable to target the firms that should undertake bigger reductions?
b. Command-and-control approaches often rely on uniform reductions among firms.
c. There is no incentive to reduce pollution beyond the mandated amount.
Command and control approaches usually use uniform reductions across firms so the firms that need to reduce more pollution are not targeted and end up reducing the same amount of pollution as others.
This problem can be surmounted by offering incentives to the companies that should reduce more pollution so that they reduce more than they are meant to but since no incentives are offered, these companies simply reduce what they are told to reduce and nothing more.
Answer:
Private saving $ 2,500.
Public saving $ -200.
National saving $2,300.
Investment is equal to saving = 2,300.
r = 10 percent.
Explanation:
Private saving is equal to (Y – C – T) = 10,000 – 6,000 – 1,500 = 2,500.
Public saving is equal to (T – G) = 1,500 – 1,700 = -200.
National saving is equal to (Y – C – G) = 10,000 – 6,000 – 1,700 = 2,300.
Investment is equal to saving = 2,300.
The equilibrium interest rate is found by setting investment equal to 2,300 and solving for r:
3,300 – 100r = 2,300
100r = 1,000.
r = 10 percent.