10. Which of the following statements are true about a social enterprise? Group of answer choices A. A social enterprise is always a nonprofit B. A social enterprise operates in a socially responsible manner C. A social enterprise trades profitability for social responsibility D. A social enterprise measures its social benefit by the amount of profits E. Only B and C are true

Q: marginal benefit equals marginal cost.

A: A choice, action, or resource allocation that benefits a person, business, or society as a whole is…

Q: An example of a firm that would least likely be recognized as socially responsible is a. a farm that…

A: Socially Responsible means which is for the benefit of the society or basically consumers as a…

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A: Rival goods concept could be applied for products where one individual crowds out of their…

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A: Rwanda has built the world's first commercialized drone highway.

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A: A positive externality is an economic issue when marginal social cost is less than marginal private…

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A: A good that is both non rivalrous and is also non-excludable is known as public good. Users in turn…

Q: 16   "Creative destruction" is the name given to: Select one or more: a. The process of…

A: Answer (16) Creative destruction refers to the deliberating and dismantling of old establishments in…

Q: QUESTION 9 Which of the following can be concluded from the information presented in the graph?…

A: Marginal social cost refers to the additional cost imposed on society by producing one more unit of…

Q: Define the principle of rival consumption. A. idea that subsidies should be given to rival companies…

A: Consumption refers to the act of deriving utility from a good or service. The level of consumption…

Q: The “tragedy of the commons” is most likely to occur with which one of the following goods?…

A: Lets first understand tragedy of commons-The tragedy of the commons occurs when individuals, each…

Q: Multiple Choice Identify the choice that best completes the statement or answers the question. 1. A…

A: Note: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question…

Q: What is the "rivalry" and "excludability" of the following goods? Also, if applicable, are they…

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Q: Which of the following would be classified as a situation where a third-party benefits from a market…

A: Positive ExternalityA positive externality is a condition in which the third party which is not a…

Q: Which of the following news headlines does not illustrate the potential for conflict between…

A: Self interest is a choice made by an individual to get personal benefits. This concept is propounded…

Q: Which of the following is NOT a feature of a public good? a. Non-excludability  b. Non-rivalry…

A: A public good is a good that is no excludable, is non rivalry in nature and is provided by the…

Q: The most efficient way to get firms to reduce pollution is to A set a uniform emissions standard and…

A: Pollution, especially from industrial processes, is a major environmental concern.Governments and…

Q: Which of the following goods would be considered a pure public good? Select one: O O O a. National…

A: A pure public good is characterized by two main features: non-excludability and…

Q: When advocating for something, understanding what your target market is, what is known about the…

A: Introduction Its correct answer is c) Impact evaluation because when we advocate for a topic. Then…

Q: 1. According to Paul Hawkins, why is it no longer plausible for corporations to pursue the maxim…

A: Disclaimer: “Since you have asked multiple questions, we will solve the first question for you. If…

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A: The free-market economist believes in minimum or no intervention in the production distribution or…

Q: 25. There are many small firms producing paper in a community. Each firm's goods are identical to…

A: Externality refers to the situation when a transaction is performed by an individual or two…

Q: 1 What is Proximity’s ‘design approach’ and how does it function in practice? How has it translated…

A: Disclaimer: “Since you have asked multiple questions, we will solve the first question for you. If…

Q: What is the name for each of the following classes of goods, and provide two examples for each.…

A: There are four different types of goods : Private goods, public goods, club goods and common goods.

Q: Which of the following items is an example of using a public good? O A. playing frisbee with some…

A: A public good is a product or service that is made available to all members of a society in…

Q: Automobile manufacturers produce a range of automobiles such as sports utility vehicles, luxury…

A: Including a variety of vehicles, including sport utility vehicles (SUV), luxury cars, trucks, and…

Q: Market failure can be caused by Select one: O a. externalities and market power O b. government…

A: Efficiency arises when the market clears when demand and supply are equal at a common price. If the…

Q: When a company is granted a patent by the U.S. government, Select one: a. a piece of general…

A: Meaning of Patents: The term patent refers to an official exclusively legal authority given by the…

Q: Because education generates a positive externality, ..... O A. subsidies to colleges or vouchers to…

A: A positive externality occurs when the production of goods and services indirectly benefits a third…

Q: Describe how and why people and businesses make decisions based on marginal costs and marginal…

A: The firm or individual makes decision based on the equilibrium between the marginal cost and…

Q: After Nike built a plant in a rural area, it discovered that families were taking their children out…

A: The firm starts its branch in a remote area and that starting of the new branch leads to the locals…

Q: Figure 10-12 Price Supply External benefit Line 1 Quantity Refer to Figure 10-12. Which of the…

A: Externality leads to either overproduction or underproduction . And it is spillover effect of an…

Q: KIND can be considered a "social enterprise." Again, what does the term mean? Whatever the term…

A: Social Enterprise: Businesses that change the world for the better are known as social enterprises.…

Q: 85. All of the following would be government solutions to externality problems EXCEPT: a.public…

A: NOTE: Since you have asked multiple questions we will be answering only the first one, if you need…

Q: What theory best explains the activities and objectives of non-profit organizations such as Black…

A: The objective of the question is to identify the most appropriate theory that explains the…

Q: 3. What are two characteristics of a common property resource? a. Rival and non-excludable b. Rival…

A: A common property resources are actually the natural resources that are managed and owned by a…

Q: Positive externality No externality Negative externality Answer Bank The U.S. government decides to…

A:

Q: Which of the following is not considered a strength of the environmental economics approach?

A: Environmental economics is a subdiscipline of economics that applies the values and tools of…

Q: 1. Public goods have at least one of two characteristics. What are the two characteristics? a.…

A: Goods are typically classified into two main categories: public goods and private goods. These…

Q: 6. Complete the following table and answer the accompanying questions. a. At what level of the…

A: Net benefit compares the total benefit against the harm on the same scale. It can also be termed as…

Q: Which of the following phenomena is NOT an example of market failure? a. A positive externality. b.…

A: In an economy, market failure refers to the Ayia whe any of the trading party will get unfair share…

Q: Direction: Research a company that has a socially responsible program. Answer the questions that…

A: The organization considered-Coca-Cola  Corporate Social Responsibility can be defined as an idea…

Q: 4. The true cost of a product (such as gold bars extracted and purified from a gold mine by on- site…

A: In a market, when a firm makes economic activities, these activities incur direct and indirect…

Q: Give an example that would explain scarcity and economic decision making in the context of the…

A: Scarcity refers to the basic economic problem - the gap between limited resources and theoretically…

Q: Refer to Figure. The graph represents a market in which Price 22 24 22 18 16 Social cost (private…

A: A cost or benefit that is incurred by the third party who is not primarily associated with the…

Q: Which of the following are examples of positive externalities. A. Light pollution from cities…

A: Since we only answer up to 3 sub-parts, we will answer the first 3. Please resubmit the question and…

Q: What is a market-failure rationale for the government investing in transportation and…

A: A market-failure rationale for the government investing in transportation and infrastructure, for…