This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Externalities are the unintended negative (or in some cases positive) consequences that an economic ... (Read 81 times)

Zulu123

  • Hero Member
  • *****
  • Posts: 525
on: Jun 19, 2018

Externalities are the unintended negative (or in some cases positive) consequences that an economic transaction
  between two parties can have on some third party.


 
 

a. True
  b. False



Question 2

According to Keith Davis, in addition to considering potential profitability, a business must weigh the long-range
  social costs of its activities as well. Only if the overall benefit to society is positive should business act.


 
 

a. True
  b. False



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

millet

  • Sr. Member
  • ****
  • Posts: 354
Reply #1 on: Jun 19, 2018
Answer to Question 1

True

Answer to Question 2

True


Zulu123

  • Member
  • Posts: 525
Reply 2 on: Jun 19, 2018
Great answer, keep it coming :)

ryhom

  • Member
  • Posts: 366
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Gram negative flowchart Gram negative flowchart
The fact that a mother works outside the home has no negative effect on the well-being of her child ... The fact that a mother works outside the home has no negative effect on the well-being of her child ...
Will Posting Nutritional Content in Restaurants Have a Positive Impact on the Obesity Epidemic? Will Posting Nutritional Content in Restaurants Have a Positive Impact on the Obesity Epidemic?
economic question economic question
economic question economic question
economic question (having trouble) economic question (having trouble)
Video: Chemical Buffers - protein buffer, phosphate buffer system and bicarbonate buffer system

For a complete list of videos, visit our video library