Does economic efficiency guarantee sustainability? Why or why not?

Q: How is ethics related to economics

A: Ethics studies ideals and virtues. A value is a good to be accomplished or a principle of right to…

Q: Organisms produce organic carbon in hydrothermal vent fields through a. decomposing organic carbon…

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…

Q: Explain the phrase - "Man must fit his technology with ecology."

A: Technology is widely acknowledged as the primary driver of economic growth in countries, regions,…

Q: 20. Chemosynthesis is performed by a. tube worms b. symbiotic bacteria phytoplankton C.

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…

Q: What are the difficulties that a business  may face when there is not businesa plan?

A: A written document that describes the important business activities along with the objectives is…

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: Explain three ways economist define market efficient. How does efficiency relates to the economist's…

A: Externalities, monopoly, information asymmetries, and factor immobility are all examples of market…

Q: What is sustainability? (Keep your answer to a few sentences at most.) What three constraints must…

A: The definition of sustainability is "meeting the requirements of the present people without…

Q: XYZ company can manufacture their own products and sells them. They are able to control the demand…

A: Profit maximizing quantity of output is where marginal revenue equals marginal cost.

Q: 1. Is efficient economy necessary for environmental sustainability? Justify your answer. 2. Is…

A: We can attempt only first question. Please upload rest of the question seperately Sustainability is…

Q: 1. Ya-Mona argues that the ethical order should hold primacy over the economic order. What does he…

A: On one hand, economics largely works on assumptions, such as the rationality of consumers,…

Q: what are 2 assumptions that underline the conclusion that free market are efficient?

A: Free Market Economy:It is a system of the market in which prices of commodities are determined by…

Q: Which of the following is not a constraint in achieving technological and economic efficiency? a.…

A: In a market, economic and technological efficiency is needed to improve the production process that…

Q: Why do businesses and governments often use utilitarian thinking to determine the proper course of…

A: Utilitarian approach  The utilitarian philosophy has significant ramifications for how we ought to…

Q: where does the green go

A: A monopolistically competitive market consists of numerous firms that offer differentiated products.…

Q: Why are sustainability challenges so difficult to solve?

A: environmental problems are exceptionally difficult to address on the grounds that it's a gigantic…

Q: What are the necessary conditions for economic efficiency? In what 4 situations might a market fail…

A: The economic efficiency is the situation where the economy is able to allocate every economic…

Q: Which of the following best describes the Environmental Bottom Line of sustainability? Ecological…

A: The triple bottom line is a three-part accounting framework that includes social, environmental (or…

Q: a. Calculate the Marginal Benefit (in terms of how many extra lives are saved by the vaccine) and…

A: The marginal benefit(MB) of economic activity is the increment in the total benefit(TB) from a unit…

Q: Why does businesses need to produce safely, on time, to cost; to quality within the law?

A: Production  The inputs required to produce a thing or service are known as factors of production,…

Q: how does implication of standards within environmental economics look like on a graph?

A: The demand curve is the graphical representation of different quantities of commodities that the…

Q: How does a corporation exploit the term "sustainable" in their pursuit for profit?

A: Sustainability means fulfilling our current needs without compromising future generations' capacity…

Q: 1. A process consists of one or more actions that transform inputs into outputs (TRUE /FALSE).

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…

Q: What are the type of market failures? And give one specific example for each and describe it.

A: Market failures:- When the free exchange of commodities and services fails to meet the production…

Q: How do companies profit from sustainability ?

A: Sustainability is a term we use to define corporate initiatives, products, and practices that are…

Q: 7. What is scarcity? In market economies, what determines the distribution of scarce goods and…

A: Scarcity is the basis of the essential problem of Economics i.e the distribution of limited means…

Q: What are the types of market failures? And give one specific example and describe it.

A: In economics, market failure is a condition in which products and services are distributed…

Q: 4. Hydraulic Fracking is the process of drilling and injecting fluid into the ground at a high…

A: Externalities are benefits or costs that producers experience but are not covered by their insurance…

Q: 8. Which of the following organisms is an herbivore? a. Copepods Herring Humans d. Mackerel e.…

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…