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How does an externality relate to socially optimal quantity?
In the presence of an externality (positive or negative), individual economic actors produce a socially inefficient amount of a good (since they do not include social gains or costs in their calculations). Thus, in general, when there is a Negative externality, firms are overproducing a good with a social cost and thus the optimal equilibrium occurs at decreased production. Positive externality, firms are underproducing a good with a social benefit and thus the optimal equilibrium occurs at increased production.
What is the price at which consumers will purchase the same quantity of a product that suppliers will produce?
The equilibrium price is the price at which consumers will purchase the same quantity of a product that suppliers will produce.
What economic situation exists when a business is able to sell exactly as many products as it is able to produce?
Economic equilibrium!
What is an example of a produce market?
482
Why do government sometimes set prices?
In some cases the price for an object as achieved by supply and demand does not cover the average cost of an item. If this is the case, there is an incentive not to produce to save money. Therefore, the government will enact a price floor so that the industry will find it profitable to produce and thus do so.
Is sweating a example of equilibrium?
Sweating is not an example of equilibrium; rather, it is a physiological response that helps maintain homeostasis, specifically thermoregulation. When the body temperature rises, sweat glands produce sweat, which evaporates and cools the skin. This process helps restore the body's internal temperature to a stable state, but it is an active mechanism rather than a state of equilibrium. Equilibrium refers to a balanced state where opposing forces or processes are in harmony, which is not the case during the active cooling process of sweating.
Why should we cool the mixture in haber process?
To ensure that you have the more product which will be produced because the equilibrium will shift to produce it. This will produce heat and also more chemical product that you want in the equilibrium mixture.
What is the relationship of analysis and suggestion?
analysis produce suggestions,while suggestion comes out from analysis that's their relation.
What happens when you mix acetone and viniger?
It will produce ethanol and acetic acid and it is an equilibrium reaction.
What happens when more product is added to a system in equilibrium?
More Reactants will form!!
What does Le Châtelier's principle say about upsetting a system at equilibrium?
When a change is imposed on a system at equilibrium, the "position" of the equilibrium shifts in a direction that reduces the effects of that change. For example, if a reactant or product is added, the system shifts AWAY FROM that added component to use the excess up. If heat is added, the system shifts AWAY FROM that added energy energy to use the excess up. If the pressure on a system is increased, the system shifts toward the side with fewer gas molecules.
Can an o positive male and a o positive female produce an o positive child?
Yes.
Produce an example of a system of equations?
Produce an example of a system ofequations.
How does an externality relate to socially optimal quantity?
In the presence of an externality (positive or negative), individual economic actors produce a socially inefficient amount of a good (since they do not include social gains or costs in their calculations). Thus, in general, when there is a Negative externality, firms are overproducing a good with a social cost and thus the optimal equilibrium occurs at decreased production. Positive externality, firms are underproducing a good with a social benefit and thus the optimal equilibrium occurs at increased production.
How can one apply the principles of physics to analyze the stability and equilibrium of a three-legged table in the context of mastering physics?
To analyze the stability and equilibrium of a three-legged table using physics principles in mastering physics, one can apply the laws of static equilibrium and torque. By calculating the forces acting on each leg and the torques they produce, one can determine if the table will remain stable or tip over. This analysis helps in understanding how the table's design and weight distribution affect its stability.
Can an o positive and a b positive produce an ab blood child?
yes
Can an obeject be in equilibrium if the only torques acting on it produce clickwise rotation?
No, for an object to be in equilibrium, the net torque acting on it must be zero. If all torques are producing clockwise rotation, there will be a net torque causing the object to rotate in that direction, not in equilibrium.
