Ask Question
BusinessBusiness
29 October, 20:31

If an entrepreneur opens an adult day care center that produces positive externalities, the equilibrium quantity of day care that is produced will be

+3
Answers (1)
  1. 29 October, 20:45
    0
    the equilibrium quantity of day care that is produced will be: lower than socially optimal.

    Positive externalities under this circumstances refers to the third-party that would be benefited from a certain economic transaction. In adult-day care, the third party is benefited because the people who use the services are not the one that who actually pay for the service
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “If an entrepreneur opens an adult day care center that produces positive externalities, the equilibrium quantity of day care that is ...” 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
Other things constant, an increase in marginal tax rates will a. decrease the supply of labor and reduce its productive efficiency. b. decrease the supply of capital and decrease its productive efficiency. c.
Answers (1)
The federal government's 1980 document that provided a blueprint of the health promotion and disease prevention strategy is known as
Answers (1)
Lauren hires Humphrey, a CPA, to audit her financial statements. The engagement letter includes a statement acknowledging that audited financial statements are required to be filed with a regulatory body by October 1.
Answers (1)
Assume you make $54,000/year ($4,500/month) and save 10% of your monthly salary ($450/month) in your 401-k account. your employer will match 5% of your salary per month (at the end of the month) and deposit it in your 401-k account for 30 years.
Answers (1)
BerryBerry is a fruit juice company that has traditionally sold three varieties of mixed-fruit juices: DazzleBerry, AquaBerry, and GloBerry. The company wants to add more products to its product line.
Answers (1)
New Questions in Business
Sharp Focus Cameras is facing intense competitive pressure. Top marketing managers are looking for ways to cut costs. They are considering a plan to cut distribution costs by eliminating marketing intermediaries from the channel of distribution.
Answers (1)
Older adults who participated in 20 one-hour video game training sessions with the program lumosity showed reduction in their:
Answers (1)
The total of tools, equipment, machinery, and buildings used to produce goods and services is called supply. True or False
Answers (1)
What percentage of federal revenues is made up of corporate taxes
Answers (1)
F Rudy offers Oscar $200 for his laptop valued at $600 and Oscar agrees, a court will probably
Answers (1)
Home » Business » If an entrepreneur opens an adult day care center that produces positive externalities, the equilibrium quantity of day care that is produced will be
Sign Up Forgot Password?