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What is the significance of the social value curve in understanding the impact of a product or service on society?
The social value curve helps us understand how a product or service affects society by showing the balance between its benefits and costs. It helps us see if the product or service creates more positive outcomes for society than negative ones, guiding decisions on its impact and value.
What else can I help you with?
What is the definition and significance of a public good?
A public good is a product or service that is non-excludable and non-rivalrous, meaning that it is available to everyone and consumption by one person does not diminish its availability to others. Public goods are significant because they provide benefits to society as a whole and are often provided by the government to ensure equitable access and promote the common good.
The equality of P and MC means the firm is achieving?
Allocative efficiency since the industry is producing the amount of product that equates society's valuation of that product and the price of the product.
Why government monopolies allowed?
when a producer have permit/copyright and no anyone know about his product or technology except him and this product/service for welfare of society or it fulfills many requirements of consumers.
What is benefit of e commerce to society?
They can easily buy products without moving physically. Society can buy products cheaply. They can also give suggestion what they want new in product. They can get ordered product anywhere because there is no geographical limitation.
Why do you think service industries are such a rapidly expanding part of society. thinks about the way goods are made today.?
why do you think service industries are such a rapidly expanding part of society. thinks about the way goods are made today
What is social significance?
To 'find the social significants' of something what that means is that what really is important about that certain something. i think you will find that i asked what soc ial significance is not how to find it ! social significance is about how an issue for example is significant in todays society ! its the significance it has on a social society .
What is the significance of the horizon of expectations in understanding the impact of technological advancements on society?
The horizon of expectations is important in understanding how technological advancements affect society because it represents the collective beliefs and hopes people have about technology. By examining these expectations, we can better understand how society perceives and responds to new technologies, and how they shape our future.
What is the significance of philosophy for men in understanding their roles and responsibilities in society?
Philosophy is significant for men in understanding their roles and responsibilities in society because it encourages critical thinking, reflection, and ethical reasoning. By engaging with philosophical ideas, men can gain a deeper understanding of their place in society, the impact of their actions, and how they can contribute positively to the community. Philosophy helps men to question societal norms, challenge stereotypes, and strive for a more just and equitable society.
What is the significance of the hadith about women in Islamic teachings?
The hadith about women in Islamic teachings hold significance as they provide guidance on the rights, roles, and treatment of women in society. They are considered important sources of wisdom and guidance for Muslims in understanding the teachings of Islam regarding women's rights, responsibilities, and status in society.
When was Product of Society created?
Product of Society was created in 1988.
When was Society for Anglo-Chinese Understanding created?
Society for Anglo-Chinese Understanding was created in 1965.
What are the disadvantages of public relations in society?
1) no service are available between two companies . 2) type of product . 3) people's beliefs on the type of product . 4) state policy .
What is social demand?
Social demand refers to the collective desire or need for a particular product, service, or issue within a society. It represents the level of interest or demand that exists among individuals or groups to address a common societal challenge or meet a shared goal. Understanding social demand is crucial for organizations and policymakers to develop effective solutions and strategies that align with the needs and concerns of society.
According to Max Weber what are the limitations of objectivity in understanding society and what did he think sociologists should use instead?
Max Weber believed that complete objectivity in studying society is not possible due to inherent values and biases. He argued that sociologists should strive for 'value neutrality,' where they acknowledge their own biases but attempt to set them aside and focus on understanding the meaning and significance of social actions to individuals. By using this approach, sociologists can achieve a more nuanced understanding of society.
Who helped through his ideas to understand in the understanding society?
Gandhiji helped through his ideas to understand in the understanding society.
When was The Mother's Service Society created?
The Mother's Service Society was created in 1970.
What significance did Cathy Freeman have in society in general?
she had a major significance in the aboriginal society as she won gold for Australia in the Olympics for running and is a major role model for them.
