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Akimi4 [234]
2 years ago
9

Many people who do not smoke cigars are bothered by the odor of cigar smoke. If private contracting is impossible, will too many

or too few cigars be produced and consumed? Taking all costs into account, is the market price of cigars too high or too low?
Business
1 answer:
andre [41]2 years ago
8 0

If private contracting is impossible, too many cigars would be produced and consumed. The market price of cigars is too low.

<h3>What is negative externality?</h3>

Negative externality is when the production or consumption activities of economic agents negatively affects third parties not involved in production or consumption.

For example, smoking a cigar affects others that are not smoking that are around the person that is smoking. Negative externality occurs because the cost of production or consumption is too low.

To learn more about externalities, please check: brainly.com/question/26266710

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Answer:

b. your demand for peanut butter increases today.

Explanation:

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3 years ago
Maren received 10 NQOs (each option gives her the right to purchase 8 shares of stock for $8 per share) at the time she started
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Answer:

Option (b) is correct.

Explanation:

Sale of share = NQOs received × No. of shares × Selling price per share

                      = 10 × 8 × $22

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Gain realised:

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= $1,760 - [10 × 8 × $15]

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3 years ago
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B. Chat

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B. Chat is a messaging service that uses the Internet to work.  It's not a classical Internet service like the Web or email, but that's the closest thing in your answer choices.

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The answer is Credit.

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