What is an external interest rate?

Q: Increasingly sophisticated communications technology is allowing more people to work at home. What…

A: The use of land and also the patterns of density in cities can be highly influenced by various…

Q: What are economic benefits of using biodegradable plates? Explain.

A: Biodegradable plates are substitutes for plastic plates. The reason for biodegradable plates to be…

Q: To use energy resources efficiently, what costs would you suggest to be included in energy prices?…

A: Private cost is the actual monetary cost of using resources.  An external cost occurs when using a…

Q: Can you assess how relevance of the carbon tax may be different for fossil fuels producers and…

A: Government needs money to fund the development process in the country . For this government collect…

Q: What are some of the environmental and social concerns related to the forestry industry?

A: The activities of forest industry when combined with other industries such as transportation, wood,…

Q: How are businesses responding to the environmentalissues facing society?

A: Business activities often involve extraction of resources from the environment. In carrying out…

Q: What are the examples of PRIVATE COST?

A: Cost is the total expenditure incurred in the production of goods and services. The cost is…

Q: Explain the economic in macro environmental analysis

A: Economics refers to social science that concerns itself with the production, consumption, and…

Q: 24. When a good or service is Non-Rival and Non-Excludable, it is is classified as a a) Private Good…

A: Non-rival: A good or service is non-rival in nature if consumption of this good by a person does not…

Q: What are some steps to make urban development more sustainable?

A: Economies around the world tend to work upon the basis of the working of various entities, such as…

Q: Relatives and friends whom the consumer trusts are known as sources of external information.

A: Relative and friends sometimes act as a source of external information.

Q: How does urbanization affect the environment

A: A1)Urbanization blocks the natural flow of stream, so they are contracted in urban area but they…

Q: Describe any csr project of bank of america which benefited the stakeholders as well as the…

A: CSR, that is the corporate social responsibility in the U.S.A is the concept which states that the…

Q: Externalities involve A third party who receives benefits or costs Natural Selection Fingers and…

A: Some externalities are negative, for example, if a firm decides to cut the costs  and increase…

Q: Consider the need for an External Interest Rate?

A: There is a strong need for the external interest rate because it helps in making financial…

Q: Suppose you are the Minister of the Environment. What actions /will you implement to insure…

A: Sustainable development is the process that ensures the availability of resources without…

Q: What are the benefits and costs of land- use regulations such as inclusionary zoning for urban…

A: The process of converting physical inputs into output is known as production. The four components of…

Q: How can the Evaluation of Public Projects be done?

A: The public projects brings benefits to the public, having aimed towards public well-being and its…

Q: What is two external costs and two external benefits of the transportation.

A: A person, company, or group incurs an external expense as a consequence of an economic activity in…

Q: What are the negative effects of urban renewal?

A: Urban renewal is an extremely controversial topic in urbanization. It refers to the cities' policies…

Q: Give an exmple of External Rate of Return (ERR) with complete solution and diagram.

A: Internal Rate of Return The interest rate at which the present value of all of the project's…

Q: what would be the main problem of  smart livestock farming and conventional livestock farming??

A: Smart livestock farming aims to accomplish more useful, proficient, and economical ranch activities…

Q: Why is it not efficient if a city zone land for open space without buying the land?

A: Public goods are non rival in consumption and non excludable.

Q: Why is it important for federal agencies to work in conjunction with private owners of critical…

A: It is important that business firms understand the market before investing in a particular business.…

Q: Why do some economists believe a carbon tax is a better policy?

A: Most of the economists tend to assert that carbon taxes are in turn the most efficient as well as an…

Q: Assess two (2) main factors that can allow a firm to benefit from external economies of scale. END

A: Economies of scale results from expansion of businesses. Economies of scale might be enjoyed due to…

Q: Discuss how the government uses tax credits, direct payments, and deficiency payments to subsidize…

A: A subsidy is a monetary payment from the government to an enterprise. It causes the price of…

Q: Talk about Environmental scanning.

A: Environmental scanning is the process of continuously monitoring the organization and detecting the…

Q: Why are common property resources subject to market failures due to non excludability? Please…

A: The market failure occurs where the market forces do not deliver an efficient result.

Q: As a consumer, what other metrics would you suggest that might reflect benefits of sustainability…

A: The sustainability initiatives and several other considerations regarding the same promote the…

Q: What is a balanced transportation problem? Describe the approach you would use to solve an…

A: A balanced Transportation Problem is a problem where that arises in transportation and the total…

Q: What are some historic evolution of renewable energy sources?

A: Renewable energy is energy derived from renewable resources that are renewed spontaneously over…

Q: What are the benefits and costs of land-use regulations such as inclusionary zoning for urban growth…

A: All federal, and municipal laws, rules and regulation, and plans pertaining to or controlling the…

Q: What are the issues of energy poverty?

A: Poverty is a situation or condition in which a person or a group lacks the financial means and…

Q: Which three major characteristics of environmental sustainability which are most important?

A: Environmental sustainability refers to the situation when an economy has the ability to maintain the…

Q: How does poor air quality derived from pig farming affect the manufacturing industry in any…

A: Manufacturing industry is mostly associated with production activities done by workers.

Q: Explain the process of environmental analysis before establishing a business.

A: Explain the process of environmental analysis before establishing a business. Answer: Businesses are…

Q: Do you think companies are concerned with protecting the environment when they choose to reduce…

A: Environmentally friendly businesses provide a lot of advantages. The company can benefit the…

Q: What affect does the rise in renewable energy have on falling oil prices?

A: Renewable energy and oil are considered as substitutes of one another.If good X and good Y is…

Q: The situation described in the news article illustrates a possible conflict between finding…

A: The resources are the environmental goods which would result in the natural resources and are one of…

Q: What is the primary purpose of a public sector project?

A: A public sector project is the project that is owned, operated and financed by government. The…

Q: How does poor air quality derived from pig farming affect the agriculture industry in any location?

A: Because pig farming generates poor air quality,it spreads into environment and causes harm to…

Market Failure Analysis

To understand Market failure, we need to first understand welfare economics. An Italian economist, Vilfredo Pareto stated that allocation of resources in an efficient manner such that an economic change, which harms no one and makes someone better off, indicates an increase in social welfare. It is also called Pareto Optimality, where resources cannot further be reallocated without harming one. This does not apply to those economic changes, which harm some and benefit others. social welfare increases if the utility of any of its members' increases and none decrease in the economy.