Thousands of people develop lung cancer from second-hand exposure to cigarette smoke. This is an example of a. a market failure caused by an externality. b. a market failure caused by market power. c. a market failure caused by equality.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Thousands of people develop lung cancer from second-hand exposure to cigarette smoke. This is an example of a. a market failure caused by ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
An employee's ratings on the dimension of initiative are highly correlated with all of the other performance appraisal dimensions (e. g., cooperation, job accomplishment, job knowledge). Which type of rating error may be occurring?
Answers (1)
Section 3: Whoops, here's Tom again! Still doing it for $10 an hour. This time, he is asked to really bust his butt! He is asked to work 12 hours a day, for 7 days straight, to keep all the holiday shoppers happy. How much does he earn for the week?
Answers (1)
Marv Company's direct labor costs for manufacturing its only product were as follows for October: Standard direct labor hours (DLHs) per unit of product 2 Budgeted finished units for the period 7,100 Actual number of finished units produced 5,700
Answers (1)
If a firm bakes cookies and sells them for $1,000 while spending $100 on sugar, $150 on chocolate, $50 on other supplies, $300 on wages and $400 on rent, what is its value added?
Answers (1)
Number of Employees Total Production Marginal Product of Labor Marginal Revenue Product 0 0 0 1 18 18 2 30 12 3 41 11 4 46 5 If the price of the item is $10.
Answers (1)
New Questions in Business
Miller made a contract to sell his condominium to Jefferson for $80,000. Two days later Miller changed his mind after discovering that he could have sold the property to another buyer for an additional $20,000.
Answers (1)
Before you look for a job, what are three things you should consider about yourself?
Answers (2)
Portfolio investment is defined as A. the diversification of purchasing shares in many companies in one country so that risk is kept to a minimum. B. the purchase of less than 40 percent of the shares of ownership in a company in another country. C.
Answers (1)
Office Palace, Inc., leased an all-in-one printer to a new customer, Ashley, on December 27, 2018. The printer was to rent for $600 per month for a period of 36 months beginning January 1, 2019.
Answers (1)
Philo T. Farmsworth is a corn farmer with a 40-acre tract of land. Each acre can produce 100 bushels of corn. The cost of planting the tract in corn is $20,000, and the cost of harvesting the corn is $10,000.
Answers (1)