If a positive externality exists, does that mean that the market works better than if no externality
Question:
If a positive externality exists, does that mean that the market works better than if no externality exists?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
No The existence of a positive externality does not m...View the full answer
Answered By
Mahesh G
I have more than 7 years of experience in teaching physics, mathematics and python programming to more than 600 students including both online and offline tutoring.
I follow the following 7 step fundamental approach towards tutoring.
1. Curiosity, scope, enlightenment of the topic in hand.
2. Problem Definitions and elaboration.
3. Requisite mathematics, analytical abilities and quantitative
aptitude.
4. Preparing Algorithms for problem statement.
5. Concepts with analogies and building algorithm.
6. Introspection and improvising.
7. Daily class wise Cheat sheets(its not cheating) for consolidation.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
Review the concept of externalities from Chapter 5, page 148. If a market is a monopoly, will a negative externality in production always lead to production beyond the level of economic efficiency?...
-
Read the case study "Southwest Airlines," found in Part 2 of your textbook. Review the "Guide to Case Analysis" found on pp. CA1 - CA11 of your textbook. (This guide follows the last case in the...
-
Name: PN 200 Fundamentals of Nursing II Medication Error Prevention-OTC's Date: Jeff Voss, a 29-year-old graduate student is at the student health center for a physical examination required before...
-
(a) Is the number of molecules in one mole of N2 greater than, less than, or equal to the number of molecules in one mole of O2? (b) Is the mass of one mole of N2 greater than, less than, or equal to...
-
For the three vectors shown in Figure P3.47, the vector sum \(\vec{D}=\) \(\vec{A}+\vec{B}+\vec{C}\) has components \(D_{x}=2\) and \(D_{y}=0\). a. What are the \(x\) - and \(y\)-components of vector...
-
Washington Tennis & Education Foundation, Inc. (WTEF) is a nonprofit organization operating in the District of Columbia that provides athletic and academic programs for children from low-income...
-
On June 10, Rebecca Company purchased $7,600 of merchandise from Clinton Company, FOB shipping point, terms 2/10, n/30. Rebecca pays the freight costs of $400 on June 11. Damaged goods totaling $300...
-
(2) To solve a nonlinear BVP Fi(yj) = 0 using Newton's method, we make a guess for y; and then iterate until the norm of the residual ||Fi|| e. Set (k+1) yj = (k) = y; " + Ayj, k = 0, 1, 2, ... where...
-
It is sometimes said that there is a trade-off between fairness and efficiency. Explain one way in which that is true and one way in which that is false.
-
Why does the existence of an externality prevent the market from working properly?
-
What is the fate of a protein with no sorting signal?
-
Explain the difference between the nominal rate of interest and the real rate of interest.
-
What federal agency regulates the activities of credit unions?
-
a. What is the primary asset in which savings and loan associations invest? b. Why were banks in a better position than savings and loan associations to weather rising interest rates?
-
A friend has asked you to help him figure out a statement he received from his broker. It seems that, at the start of last year, your friend paid \(\$ 900\) for a bond, and sold it at the end of the...
-
The impedance of a generator, with the rated specifications of \(20 \mathrm{kV}\) and 200 MVA, is \(\mathbf{Z}=j 0.2 p\). \(u\). Determine its reactance in percent if \(21 \mathrm{kV}\) and \(100...
-
(a) If g(x) = 1/x1, use your calculator or computer to make a table of approximate values of t g(x) dx for t = 5, 10, 100, 1000, and 10,000. Does it appear that is convergent or divergent? (b) Use...
-
Wimot Trucking Corporation uses the units-of-production depreciation method because units-of-production best measures wear and tear on the trucks. Consider these facts about one Mack truck in the...
-
In figure, show that there are wage rates and capital rental costs such that the firm is indifferent between using the wafer-handling stepper technology and the stepper technology. How does this...
-
What types of firms would not normally maximize profit?
-
What types of firm organization allow owners of a firm to obtain the advantages of limited liability?
-
Accounting for Notes Receivable On November 30, Tucker Products performed computer programming services for Thomas Inc. in exchange for a 5-month, $53,500, 12% note receivable. Thomas paid Tucker the...
-
Current Attempt in Progress Addison, Inc. reports: Cash provided by operating activities $2,300,000 Cash used by investing activities 640,000 Cash used by financing activities 220,000 Beginning cash...
-
Determine the initial markup percentage from the following data: % Gross margin 46.8 % Cash discounts to be earned 15.0 % Alteration costs 0.5 % MMU 32.3 % Markdowns 35.0 % Employee discounts 1.5 %...
Study smarter with the SolutionInn App