Positive externality - Study guides, Class notes & Summaries
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EC238 Test Bank - Quiz Bank Environmental Economics Questions and Answers Latest.
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EC238 Test Bank - Quiz Bank Environmental Economics Questions and Answers Latest. 
Chap 1_4ce 
Student: 
1. A(n) in the economic world is something that leads people to channel their production and 
consumption efforts in a specific direction. 
A. moral obligation 
C. property right 
D. ethical motive 
2. Any economic system will produce destructive environmental impacts if the within the system 
are not structured to avoid them. 
A. ethics 
B. prices 
D. incentives 
3. A small coastal community...
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MGT 300 Exam 2 Latest Update 100% Correct
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MGT 300 Exam 2 Latest Update 100% 
 
Correct 
 
Ethics The moral principles, values, and beliefs that govern group or individual behavior 
according to what is right or wrong and what contributes to the balanced good of all stakeholders 
 
Ethical Dilemma A situation in which no choice is entirely right 
 
Preconventional Stage An individual's moral decisions is based primarily on self-protection 
or self-interest 
 
Does things based on rewards/punishment 
 
Conventional Stage An individual's...
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EC238 Test Bank - Quiz Bank Environmental Economics Questions and Answers Latest.
- Exam (elaborations) • 118 pages • 2023
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EC238 Test Bank - Quiz Bank Environmental Economics Questions and Answers Latest. 
Chap 1_4ce 
Student: 
1. A(n) in the economic world is something that leads people to channel their production and 
consumption efforts in a specific direction. 
A. moral obligation 
C. property right 
D. ethical motive 
2. Any economic system will produce destructive environmental impacts if the within the system 
are not structured to avoid them. 
A. ethics 
B. prices 
D. incentives 
3. A small coastal community...
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EXAM 3 STADIUM FINANCE and NCAA QUESTIONS AND ANSWERS
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Why might the Simple Multiplier be an inaccurate measure of the total amount of 
money circulating in an economy from a given direct investment into the economy? - Answer-The Simple 
Multiplier assumes a closed economy. In an open economy there would 
likely be leakages out of the 'local' economy. 
If the marginal propensity to consume is 0.6 and a direct investment of $1,000,000 is 
made what would be the quantity of money flowing through the economy according to 
the Simple Multiplier? - Ans...
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WGU C718 Full Study Guide Questions Rated A+
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WGU C718 Full Study Guide Questions Rated A+ What is the definition of economics? the study of how humans make decisions in the face of scarcity 
What are economic and accounting profits? Accounting - profit computed using only explicit costs Total revenue - Explicit costs = accounting profit 
Economic - profit computed using explicit and implicit costs Total revenue - Explicit costs - Implicit costs = Economic profit 
What are the characteristics of an oligopoly? 1) few firms 2) barriers to ent...
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WGU C211: Additional Study - 3rd Attempt OA Questions & Answers
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currently is charging 25 cents per cup, but she wants to adjust her price to earn the $50 faster. If you know that the demand for lemonade is elastic, what is your advice to her? - ANSWER Lower the price to increase total revenue 
 
For which of the following goods is the income elasticity of demand likely lowest? - ANSWER water 
 
Assume that a 4 percent increase in income results in a 2 percent increase in the quantity demanded of a good. The income elasticity of demand for the good is - ANSWE...
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RMI 3567 Exam 2 Questions and Answers Already Passed
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RMI 3567 Exam 2 Questions and 
Answers Already Passed 
 
What are three positive externalities that occurred due to access to terrorism insurance? 1. 
facilitates real estate transaction 
2. strengthens businesses' ability to operate in risky areas 
3. protects wealth/savings of households in risky areas 
 
Pollution from gasoline in a car or industrial pollution would be examples of what? negative 
externality 
 
This is the most common terrorism model for insurance risk pool 
 
What are the t...
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WGU C718 Full Study Guide Questions | 104 Questions with 100% Correct Answers | Verified | Latest Update | 25 Pages
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WGU C718 Full Study Guide Questions | 104 
Questions with 100% Correct Answers | 
Verified | Latest Update | 25 Pages 
What is the definition of economics? - Answer ️️ -the study of how humans make decisions in 
the face of scarcity 
What are economic and accounting profits? - Answer ️️ -Accounting - profit computed using 
only explicit costs 
Total revenue - Explicit costs = accounting profit 
Economic - profit computed using explicit and implicit costs 
Total revenue - Explicit costs -...
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CIS 105 FINAL Questions & Answers 100% Accurate
- Exam (elaborations) • 6 pages • 2024
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CIS 105 FINAL Questions & Answers 100% AccurateCIS 105 FINAL Questions & Answers 100% AccurateCIS 105 FINAL Questions & Answers 100% AccurateCIS 105 FINAL Questions & Answers 100% AccurateCIS 105 FINAL Questions & Answers 100% AccurateMetcalfe's Law - ANSWERSstates the effect of a telecommunications network is proportional to the square of the number of connected users of the system. 
 
Network Effect - ANSWERS(also called network externality or demand-side economies of scale) is the positive e...
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EC 248 Final Exam | Complete Solutions (Verified Answers)
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EC 248 Final Exam | Complete Solutions (Verified Answers) Health care a) is the most important determinant of health in OECD countries. b) is the most expensive determinant of health in OECD countries. c) spending continues to grow rapidly in most OECD countries. d) sector is one of the largest sectors in most OECD countries. What statement best describes a health system? a) Aspects of society that have an important bearing on the health care of individuals and the population. b) Aspects of so...
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