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Is how market forces produce equilibrium An example of positive analysis?
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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!
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.
When does market equilibrium happen?
At market equilibrium, the price and quantity demanded are at a point where they will not vary much. Consumers are unwilling to buy the good at a higher price. Producers are unwilling to produce anymore goods at the same price.
Does the olfactory tract carry equilibrium impulses?
No. The ears and eyes work together to produce equilibrium, not the nose.
What happens when more product is added to a system in equilibrium?
More Reactants will form!!
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.
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.
Can an o positive male and a o positive female produce an o positive child?
Yes.
When forming produce which ion should be listed first?
the positive ion A+
Can an o positive and a b positive produce an ab blood child?
yes
Produce an example of a system of equations?
Produce an example of a system ofequations.
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.
Can a negative and negative produce a 0 positive?
no
