Ask Question
BusinessBusiness
9 October, 01:33

In a free-market economy, a product that entails a negative externality (additional social cost) will be

+4
Answers (1)
  1. 9 October, 01:37
    0
    In a free-market economy, a product that entails a negative externality (additional social cost) will be underproduced. A free-market economy is when the government has little or no restrictions and regulations on buyers and sellers in the market. They are essentially 'free' of all control and can base their inputs and outputs off of supply and demand. If there is a negative externality, then there too few items being produced in the economy.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “In a free-market economy, a product that entails a negative externality (additional social cost) will be ...” 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
The statement, "Every person who shall monopolize, or attempt to monopolize, or combine or conspire with any other person or persons to monopolize any part of the trade or commerce ... shall be guilty of a misdemeanor" is a part of thea. Clayton Act.
Answers (1)
Based on a predicted level of production and sales of 19,000 units, a company anticipates total variable costs of $70,300, fixed costs of $32,300, and operating income of $140,600.
Answers (1)
Julio has run marathons all of his life, and recently has cut back on some of his other activities to increase the time he has for training in order to maintain his running skills. this is an example of
Answers (1)
Explain why a perfectly competitive firm does not expand its sales without limit if its horizontal demand curve indicates that it can sell as much as it desires at the current market price.
Answers (1)
The preemptive right is important to shareholders because it
Answers (1)
New Questions in Business
During the year, Apex Co. sold an unprofitable component of the company. The component had a net loss from operations during the period of $150,000 and its assets sold at a loss of $100,000.
Answers (1)
York's outstanding stock consists of 65,000 shares of noncumulative 7.0% preferred stock with a $5 par value and also 110,000 shares of common stock with a $1 par value.
Answers (1)
A group of employees wishes to start a union is that lawful or unlawful explain
Answers (1)
Freddi buys bike shoes from Get n' Gear Store, telling the clerk that she wants the shoes tocompete in High Pace Triathlon. The shoes break apart during the competition, causing Freddi to beinjured in a fall.
Answers (1)
A company pays its employees $4,200 each Friday, which amounts to $840 per day for the five-day workweek that begins on Monday.
Answers (1)
Home » Business » In a free-market economy, a product that entails a negative externality (additional social cost) will be
Sign Up Forgot Password?