Answer:
c. The equilibrium quantity is less than the socially optimal quantity.
Explanation:
Externalities are positive / negative side effects to other parties, which are not monetarily valued & compensated.
Positive Externalities cause extra positive side effect, have extra social benefit apart from private benefit. Their free market unregulated equilibrium under estimates their Total Benefit (considering only private benefit , ignoring social benefit). So the equilibrium quantity is also under estimated. Hence, Equilibrium quantity is less than socially optimal quantity.
Answer:
A. Create three Record Types (Widget A, Widget B, Widget C) with six Page Layouts (Sales Widget A, Sales Widget B, Sales Widget C, Marketing Widget A, Marketing Widget B, and Marketing Widget C).
Explanation:
This question is about Salesforce, and the reason I chose A is because:
- Option B is not correct because ti would be too messy to use only one Record type.
- Option C is not correct because you need a 6 page layout and that option includes only a 1 page layout.
- Option D is unnecessarily complicated since you can use only 3 record types and using 6 would not help you at anything.
Answer:
B. Herbania is technologically superior to Duckistan in producing civilian goods.
Explanation:
Duckistan Production Possibilities
A B C D E
Civilian Goods 20 18 14 8 0
Military Goods 0 1 2 3 4
opportunity cost - ¹/₁₈ ¹/₇ ³/₈ 4 civilian goods
opportunity cost 20 18 7 2.7 - military goods
Herbania Production Possibilities
A B C D E
Civilian Goods 40 36 26 14 0
Military Goods 0 1 2 3 4
opportunity cost - ¹/₃₆ ¹/₁₃ ³/₁₄ 4 civilian goods
opportunity cost 40 36 13 4.7 - military goods
Herbania has an absolute advantage in the production of civilian goods. Since it also has a lower opportunity cost of producing civilian goods, therefore, it also has a comparative advantage at producing civilian goods. Assuming that resources are equal in both countries, then we can assume that Herbania is technologically superior in the production of civilian goods.
Dukistan has a lower opportunity cost of producing military goods, therefore, it has a comparative advantage at producing military goods.
<span>Exporting has the least amount of risk. This is because the company is simply selling its wares to other businesses and consumers, without having to worry about licensing the product, getting permissions from other governments, or having to jump through loopholes to get the product in the hands of the intended audience.</span>
Answer:
The consultant's advice will reduce soil degradation and increase organic matter content in soil
Explanation:
In this scenario the present practice by the farmer of burning crop residue and tilling results in soil degradation and loss of organic matter.
Burning on the farm leads to loss of crop nutrients such as nitrogen and organic matter. It also causes environmental pollution of air, land, and water when carbon, nitrogen, and sulphur by-products are released to the atmosphere.
Tillage is the practice of turning the top 6 - 12 cm of soil when preparing for planting. This practice reduces water holding capacity of soil, accelerates nutrient loss, and degrades soil structure.
So if the farmer stops burning crop residue and practices zero tillage it will result in less environmental pollution, reduce soil degradation, and increase soil nutrients especially organic matter
