Describe why externalities generate market failure.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 46% (15 reviews)
The supply curve which reflects the value of resou...View the full answer
Answered By
Jehal Shah
I believe everyone should try to be strong at logic and have good reading habit. Because If you possess these two skills, no matter what difficult situation is, you will definitely find a perfect solution out of it. While logical ability gives you to understand complex problems and concepts quite easily, reading habit gives you an open mind and holistic approach to see much bigger picture.
So guys, I always try to explain any concept keeping these two points in my mind. So that you will never forget any more importantly get bored.
Last but not the least, I am finance enthusiast. Big fan of Warren buffet for long term focus investing approach. On the same side derivatives is the segment I possess expertise.
If you have any finacne related doubt, do reach me out.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Economics questions
-
Why are externalities called market failures? Are pecuniary externalities also an example of market failure?
-
Describe the externalities argument for distributing money from one community to another. Provide an example of this kind of redistribution based on externalities.
-
Describe the externalities at Onondaga Lake and draw a graph to illustrate the inefficiency arising from them. Onondaga Lake in Syracuse, N.Y., is called Americas most polluted lake as raw sewage and...
-
What is the importance of developing plans to achieve organizational goals? explain with examples
-
Getting value from e-government Efforts by national governments to deliver e-government represent a massive waste of public money, given the limited demand for these services.
-
Carpenter Company uses standard costing. The company has a manufacturing plant in Georgia. Standard labor-hours per unit are 0.50, and the variable overhead rate for the Georgia plant is $3.50 per...
-
Outline how standard desktop applications such as a spreadsheet or database can be used to set up a basic T&D system.
-
Dividends and Taxes Sharp Dress, Inc has declared a $5.00 per share dividend, suppose capital gains are not taxed, but dividends are taxed at 15 percent. New IRS regulations require that taxes be...
-
Find the sources of finance for Netflix, Amazon prime, alt Balaji, Zee 5 and Disney hotstar .find It's capital structure, its operating leverage, financial leverage, combined leverage and company...
-
Blue-Eyed Beauty Supply is the talk of the town. When Elaine started her business, she had no idea it would evolve to be the number-one supplier of cosmetology products in the region. While her...
-
Describe the following in terms of generating positive, negative, or zero externalities: (a) a foot of snowfall in mid-January; (b) living a mile away from an international airport; (c) your neighbor...
-
What is a public good? How does it differ from a near-public good?
-
The following information was taken from GoPro, Inc.'s SEC filings: Fiscal Year Ended December 31, 2014 December 31, 2013 Number of...
-
Sheffield Company had net credit sales during the year of $1450000 and cost of goods sold of $820000. The balance in accounts receivable at the beginning of the year was $160000, and the end of the...
-
On January 2, 2020, Blue Corporation issued $1,850,000 of 10% bonds at 96 due December 31, 2029. Interest on the bonds is payable annually each December 31. The discount on the bonds is also being...
-
What measures are implemented to ensure the integrity and transparency of financial projections, including rigorous validation of underlying assumptions, data integrity checks, and sensitivity to...
-
The following accounting information pertains to Boardwalk Taffy and Beach Sweets. The only difference between the two companies is that Boardwalk Taffy uses FIFO, while Beach Sweets uses LIFO. Cash...
-
How do financial projections incorporate probabilistic modeling and scenario analysis to account for uncertainty and mitigate risk in forecasting future cash flows and performance metrics ?
-
Would there be situations where the directors of a company would prefer to classify an investee as an associate rather than as a subsidiary? If so, when would you expect these circumstances to arise?
-
In July 2013, cnet.com listed the battery life (in hours) and luminous intensity (i. e., screen brightness, in cd/m2) for a sample of tablet computers. We want to know if screen brightness is...
-
Your aunt is thinking about opening a hardware store. She estimates that it would cost $500,000 per year to rent the location and buy the stock. In addition, she would have to quit her $50,000 per...
-
A commercial fisherman notices the following relationship between hours spent fishing and the quantity of fish caught: Hours Quantity of Fish (in pounds) 0 hours ......0 lb 1.........10 2.........18...
-
Nimbus, Inc., makes brooms and then sells them door-to-door. Here is the relationship between the number of workers and Nimbuss output in a given day: a. Fill in the column of marginal products. What...
-
1. Consider the following pseudocode. What does it produce? Set a = 0 Set b = 0 Set c = 1 Set d = 1 Report the value of d Repeat until a equals 10 Set d = b + c Set b = c Set c = d Add 1 to a Report...
-
3. It has been observed that a particular plant's growth is directly proportional to time. It measured 2 cm when it arrived at the nursery and 2.5 cm exactly one week later. If the plant continues to...
-
List four equivalent forms for the rational expression. x-2 x+9
Study smarter with the SolutionInn App