When consumption of a good generates a positive externality, which of the following must be true at the market equilibrium? A. Marginal social benefit is less than marginal private cost. B. Marginal social benefit is greater than marginal private benefit. C. Marginal social cost is greater than marginal social benefit. D. Marginal social cost is less than marginal private benefit.

Answers

Answer 1
Answer:

Answer:

B. Marginal social benefit is greater than marginal private benefit.

Explanation:

When consumption of a good generates a positive externality, the statement is true at the market equilibrium is marginal social benefit is greater than marginal private benefit. As we hold a perception of this permanence concerning some positive externality signifies that marginal social benefit remains higher aside from marginal private benefit. Ended consuming simply quantity Q, marginal social benefit is a higher marginal social cost, including higher of the good, should be absorbed.

Answer 2
Answer:

Final answer:

In a situation of positive externality, the marginal social benefit of a good or service exceeds the marginal private benefit at the market equilibrium, leading to societal underconsumption of the good or service.

Explanation:

When consumption of a good generates a positive externality, the correct statement would be that the marginal social benefit is greater than the marginal private benefit. A positive externality occurs whenever the consumption of a good or a service by an individual has a beneficial impact on others who are not directly involved in the transaction.

The marginal private benefit essentially represents the individual user's private gain from consuming an additional unit of a good or service. On the other hand, the marginal social benefit reflects the total benefit to society, considering not only the individual's private benefit but also the positive impact on others.

Thus in the case of a positive externality, the marginal social benefit exceeds the marginal private benefit at the market equilibrium, effectively leading to an underconsumption of the good from a societal perspective, because individuals account only for their private benefit and not for the external benefits generated by their consumption.

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The strongest argument for an independent Federal Reserve rests on the view that subjecting the Fed to more political pressures would imparta. an inflationary bias to monetary policy.b. a disinflationary bias to monetary policy.c. a deflationary bias to monetary policy.d. a countercyclical bias to monetary policy.
The development costs were incurred after technological and commercial feasibility was established and after the future economic benefits were deemed probable. The project was successfully completed and the new product was patented before the end of the current fiscal year. What amount should Pribuss expense in its current-year income statement related to the above expenditures?
If a good that generates negative externalities were priced to take into account these negative externalities, then its:A) Price would decrease and its output would increaseB) Output would increase but its price would remain constantC) Price would increase and its output would decreaseD) Price would increase but its output would remain constant
On its december 31, 2017, balance sheet, calgary industries reports equipment of $370,000 and accumulated depreciation of $74,000. during 2018, the company plans to purchase additional equipment costing $80,000 and expects depreciation expense of $30,000. additionally, it plans to dispose of equipment that originally cost $42,000 and had accumulated depreciation of $5,600. the balances for equipment and accumulated depreciation, respectively, on the december 31, 2018 budgeted balance sheet are:
What is a government bond that is repaid within 3 months to a year?a. Mortgage c. Treasury Bill b. Certificate of Deposit d. Federal Reserve Note

If rosa expects interest rates to fall for the next 10 years she should invest her money in a. one year CD
b. money market account
c. 10 year bonds
d.treasury bills

Answers

The answer is d. treasury bills

Treasury bills yielding no interest but you can get it at a discounted price.

Let's say you just have to pay $ 90,000 for  $ 100,000 ten years investment. It means you will gain 10,000 after 10 years eventhough the interest rates fall

What should you do if you suspect your boss of unethical business practices?

Answers

Ethics is a organization's core principle or foundation of working. The HR department is responsible for carrying out various ethical codes and conducts.

  • If in any organization the boss of the company is found to behave in an unethical manner. The HR department needs to take this into notice. Unethical behavior in the company is not welcomed and needs to be controlled immediately.
  • One should record the unethical activities of the Boss and report them to the higher authorities if needed.

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- Ethical challenges can be complex; your response will depend to a great extent on the importance or quality of the ethical breach and on your personal situation. Here are some tips for managing situations when they arise.

- Small, simple ethical breaches may result from employees being lazy, unobservant, or unengaged. Often, the best way to address such issues is to avoid personal confrontation but instead to set clear general policies and respond publicly when they’re not followed. Most employees who have a problem pointed out find it’s easier to behave appropriately than to argue the point.

- More serious ethical breaches may require a more considered response. If you are reliant on your job for an income and your supervisor or coworker is doing something that is unethical but not illegal, you will have to decide whether you can afford to speak up and risk losing your job. If you do decide to speak up, carefully document the problem before saying anything. Be sure you have all your facts straight and can prove your point, especially if you’re the only one who knows about the issue.

- If the issue you’re confronting is illegal (embezzling, breaching the Equal Opportunity laws, sexual harassment, etc.) you must say something—but there is also (in most cases) a clear system for documenting the problem and bringing it to the attention of Human Resources. You may not need to reveal that you are the “whistle blower;” Human Resources will pick up the ball and handle the next steps.

- No matter what the level of ethical concern, be sure you don’t participate just to “get along.” If you truly believe that you’re being asked to do something unethical, make it clear that you are not willing to be part of the problem. While that may be risky at some level, it’s far riskier to be an accessory to immoral or illegal activity.

Consumer behavior refers to Group of answer choices A. the aspects of a consumer's decision making processes that cannot be measured.
B. the actions a person takes in purchasing and using products and services, including the mental and social processes that come before and after these actions
C. the five stages a buyer passes through in making choices about which product and service to investigate, purchase, and consume. D. the mental and social processes related to purchasing that are innate in a person from birth.
E. those purchasing behaviors that result from repeated experience and reasoning.

Answers

Answer:

B.

Explanation:

Consumer behavior refers to all the processes related to what, why, how, when, from whom consumers purchase and pay for a product and how they consume and dispose of it in order to meet their needs.

Is the dynamic interaction of cognition, behavior and environmental events by which human beings conduct the exchange aspects of their lives.

Understanding how consumer behavior impacts marketing renders it vital to understand those factors which affect consumer behavior and which include:

-cultural factors

-cultural shifts

-culture is the combination of subcultures

-another cultural factor is the social class

Consumer behavior in the context of business refers to the actions and processes involved in purchasing and using products and services. Therefore, the correct answer is "the actions a person takes in purchasing and using products and services, including the mental and social processes that come before and after these actions" (option B).

The subject of this question is Business. Consumer behavior refers to the actions a person takes in purchasing and using products and services, including the mental and social processes that come before and after these actions.

It involves understanding the decision-making processes, motivations, and factors that influence consumer choices.

Therefore, consumer behavior refers to "the actions and processes involved in purchasing and using products and services" (Option B).

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If the price elasticity of demand for U.S. automobiles is higher in Europe than it is in the United States, and transport costs are zero, a price-discriminating monopolist would charge:__________. a. a less profitable price for autos in the United States than in Europe.
b. a lower price for autos in the United States than in Europe.
c. the same price for autos in the United States as in Europe.
d. a higher price for autos in the United States than in Europe.

Answers

Answer:

d. a higher price for autos in the United States than in Europe.

Explanation:

As it is mentioned that the price elasticity of demand in more in Europe as compared with the United States that represents a slight increase in price would decline the immense demand in Europe

Plus the elasticity in the united states is not high that reflects that change in price have a less impact on quantity demanded

Therefore the option d is correct

29) The custodian of a company asset shoulda. have access to the accounting record for that asset
b. be someone outside the company
c. not have access to the accounting record for that asset
d. be an accountant

Answers

The answer is (a.) have access to the accounting record for that asset
A company custodian is a financial institution responsible for the customer’s security for safekeeping to minimize the risk of their loss or theft. The custodian also holds securities and other electronic or physical form of assets. 

Final answer:

The custodian of a company asset should not have access to the accounting record for that asset. This principle, named segregation of duties, is a significant aspect of financial management and internal control. It helps reduce the risk of asset misappropriation or fraud.

Explanation:

The custodian of a company asset, often an employee assigned to safeguard and maintain company assets, should c. not have access to the accounting record for that asset. This is because separating the duties of asset custody or physical control from those involving accounting, record keeping, or financial reporting is a key internal control measure to prevent asset misappropriation or fraud. This concept, known as segregation of duties, is paramount in financial management and internal control systems to ensure accuracy and reliability of reports and preclude any one person from controlling all aspects of a transaction, thus reducing the risk of error or fraud.

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One reason that hiring a lawyer whom you have only met over the phone is a mistake is that ______.

Answers

You don't know if the person is really a lawyer or just a person trying to scam you and you don't know how good of a lawyer the person is