Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 26, 2024

How external Costs prevent a competitive market from allocating resource efficiently

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Microeconomics

Authors: Roger A Arnold

13th Edition

1337617407, 9781337617406

More Books

Students also viewed these Economics questions

Question

★★★★★

The fundamental observation underlying the Big Bang theory of cosmology is Edwin Hubbies 1929 discovery that the arrangement of galaxies throughout space is expanding. Like the photons of the cosmic...

Answered: 1 week ago

Question

★★★★★

3. Tailor comments to the individual students performance; avoid writing the same phrases over and over.

Answered: 1 week ago

Question

★★★★★

What did Plotinus mean by the soul is not in the world, rather the world is in the soul?

Answered: 1 week ago

Question

★★★★★

Cousins Salted Snack Company is considering two possible investments: a delivery truck or a bagging machine. The delivery truck would cost $39,287 and could be used to deliver an additional 48,200...

Answered: 1 week ago

Question

★★★★★

1 . Using the data below, how much is accounting profit? _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ . Revenue = $ 1 0 0 , 0 0 0 Explicit costs ( expenses ) = $ 6 0 , 0 0 0 Opportunity cost of owner s...

Answered: 1 week ago

Question

★★★★★

Un departamento de apoyo de limpieza presupuesta sus costos en 40 000 SR por mes ms 12 SR por hora. Para enero, las siguientes fueron las horas estimadas y reales proporcionadas por el departamento...

Answered: 1 week ago

Question

★★★★★

1. Belinda needs $2400 fast. She has the option of borrowing the $2400 for 5 days at an APR of 500% or borrowing the $2400 for 5 days with a fee of $180. She realizes that neither scenario is very...

Answered: 1 week ago

Question

★★★★★

Section One - IPV4 Network Identifiers and Addresses For the following, indicate what its network identifier is, in binary. When doing so, use the table provided below to convert each octet to...

Answered: 1 week ago

Question

★★★★★

Question 5 5 pts Roberto invested a total of $10,000, part at 6% and part at 9%. How much did he invest in the LOWER interest account if the total interest earned in one year was $810 ? 1 answer

Answered: 1 week ago

Question

★★★★★

Within the northeastern control systems industry, Middleton knew of no company that had conducted formal market research. Should he conduct further research himself, use the consultant or the student...

Answered: 1 week ago

Question

★★★★★

Check billing and accounts recordsPlease review the following list of billing and account records from Table 4: Gelos Enterprises bank statement for its Small Purchases account. Check these billing...

Answered: 1 week ago

Question

★★★★★

describe an experiment that could be performed by scientist to examine the effectiveness of a new vaccine on the simple cuboidal epithelial ?

Answered: 1 week ago

Question

★★★★★

6. How great is the time-lag between when an event occurs until we get information about it?

Answered: 1 week ago

Question

★★★★★

1. Build trust and share information with others.

Answered: 1 week ago

Question

★★★★★

11. What types of information collected are most frequently used in decision-making?

Answered: 1 week ago

Previous Question Next Question