Answer:
Industrial Market
Explanation:
Market owned called Market and the consumer markets are paying for the food
Answer:
a. not only costs and revenues, but also assets invested in the center
Explanation:
A profit centre is defined as a segment of a company that is a standalone and determines the profit and losses of the entire company which are calculated seperately.
It also generates it's earnings and revenues independently.
The opposite of the profit centre is called the cost centre that does not earn any revenue but rather consumes revenue from other departments.
The profit centre also determines allocation of resources to various activities in the future.
Answer:The desire to make money through goods and services.
Explanation:
You don’t ask to be born but are expected to do everything asked of you
Answer: more; externality; market power.
Explanation:
Bakers are much (more) likely to supply pastries to the market if property rights are not enforced.
a. A manufacturing plant dumps chemical waste into a nearby river, poisoning the water supply for a small town downstream. - Externality
Externality, refers to the benefit s or costs that someone else incurs based on the economic decision of another person. In this case, this is a negative externality as the small town bears the cost of the production activities of the company.
b. A single public utilities company is responsible for supplying electricity for an entire state. As a result, the utilities company can set the price of electricity - Market power
Market power is when a firm is able to dictate the price and can then raise the price. This brings about the reduction in output as well. Since the single public utilities company is responsible for supplying electricity for an entire state, the company is enjoying monopoly power or market power.