How may negative
externalities lead to market failures? Should government
correct the failures caused by externalities?

Answers

Answer 1

Answer:

Externalities lead to market failure because a product or service's price equilibrium does not accurately reflect the true costs and benefits of that product or service


Related Questions

What led to the Declaration of independence being written?​

Answers

Answer: What led to the Declaration of independence being written?​

The Declaration of Independence was written due to grievances such as taxation without representation, the imposition of the Intolerable Acts, restrictions on colonial expansion, lack of representation, the influence of Enlightenment ideas, and unsuccessful attempts at reconciliation.

Explanation: The Declaration of Independence was written in response to a series of events and grievances that led the American colonists to seek independence from British rule. Here are the key factors that contributed to the writing of the Declaration:

1. Taxation without representation: One of the main issues was the British government's imposition of taxes on the American colonists without their consent or representation in the British Parliament. Acts like the Sugar Act, Stamp Act, and Townshend Acts imposed taxes on goods and activities in the colonies, leading to widespread discontent among the colonists.

2. Intolerable Acts: The Intolerable Acts, passed in response to the Boston Tea Party, were a set of punitive measures imposed by the British government on Massachusetts. These acts further limited self-governance and civil liberties, including the closure of the Boston Harbor and the quartering of British soldiers in private homes.

3. Proclamation of 1763: The Proclamation of 1763 prohibited colonists from settling west of the Appalachian Mountains, which angered many who wanted to expand into these territories. This restriction on colonial expansion was seen as a violation of their rights.

4. Lack of representation: The colonists believed that they were being denied their rights as English citizens by not having any representation in the British government. They argued that the British government was ruling over them without their consent, leading to a desire for self-governance and representation.

5. Enlightenment ideas: The ideas of the Enlightenment, which emphasized natural rights, individual liberty, and government by consent, greatly influenced the colonists. Thinkers like John Locke and Thomas Paine inspired the colonists to question the legitimacy of British rule and argue for the right to self-determination.

6. Unsuccessful attempts at reconciliation: Prior to the writing of the Declaration, the colonists made several attempts to reconcile with the British government, but these efforts were unsuccessful. The Olive Branch Petition, for example, sought a peaceful resolution, but King George III rejected it, leading to a further push for independence.

Describe the evolution of the terms detective and crime-scene investigator.

Answers

Answer:The evolution of the terms detective and crime-scene investigator has been a fascinating journey that reflects the changing nature of law enforcement. The term detective originated from the Latin word "detectare," meaning to uncover or expose. In the early days, detectives were primarily responsible for investigating crimes and gathering evidence to solve cases. However, with time, their role has expanded to include a range of activities such as surveillance, undercover work, and intelligence gathering.

Similarly, crime-scene investigators have also undergone significant changes in their roles and responsibilities over time. Originally referred to as "crime scene technicians," they were responsible for collecting physical evidence at crime scenes. However, with advancements in technology and forensic science, their role has expanded to include analyzing DNA samples, ballistics testing, and other forms of scientific analysis.

Overall, the evolution of these terms reflects the changing nature of law enforcement and highlights the importance of adapting to new technologies and techniques in solving crimes.

Explanation:

After World War II ended, it was uncovered that IBM had spent the war years selling special equipment to Nazi Germany. According to Sutherland's research, what was MOST likely the motive for this continued relationship, even though it was illegal?

Question 10 options:

The executives at IBM supported the idea of the Nazis.


The Nazis threatened to expose secrets about IBM as a company.


IBM was making a huge amount of money from the deal.


IBM wanted to join the fight against the Allied Forces.

Answers

The most likely motive for this continued relationship between IBM and Nazi Germany was C. IBM was making a huge amount of money from the deal.

How did IBM collaborate with Nazis?

IBM engaged in corporate operations that have caused controversy in Germany during World War II. The function of IBM's German subsidiary, Deutsche Hollerith Maschinen Gesellschaft, or Dehomag, is the subject of much discussion.

Edwin Black describes how IBM sold the spare parts and the specialized paper required for the modified punch cards in addition to leasing Nazi Germany the equipment and providing continual maintenance support.

In his 2001 book IBM and the Holocaust, Edwin Black came to the conclusion that IBM was morally implicated in the Holocaust because of its business dealings with Germany during World War II.

Although IBM hasn't expressly refuted any of the evidence, she has attacked Black's investigative techniques and her accusatory findings.

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Which would be an example of an Individual Occupational Crime?

Question 9 options:

An oil company uses ships that need repair to save money, causing an oil spill.


An accountant tells their client that he owes more in taxes than he does, pocketing the difference.


A traveling salesperson asks for three nights hotel reimbursement when they only spent two.


A building inspector accepts $100 to give a builder a certificate of occupation on a new house.

Answers

An example of an Individual Occupational Crime is when an accountant tells their client that he owes more in taxes than he does, pocketing the difference. The Option B is correct.

What is an Occupational Crime?

An occupational crime refers to any criminal activity that an individual commits in the course of their legal occupation. An occupational crimes are those committed by an individual while they are working or at their workplace. In most cases, this crime is committed by abusing existing system structures in the workplace and may be committed by one or more than one person, depending on the crime.

There is huge overlap between the meaning of occupational crime and white-collar crime. The white-collar crimes are defined as non-violent crimes committed by individuals in their workplaces for financial gain. For instance, if a company accountant fails to record cash transactions made on weekends and instead pockets the money, this is an example of both occupational crime.

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Answer:

An accountant tells their client that he owes more in taxes than he does, pocketing the difference.

Explanation:

Gumball says...


"Uh, if the food enters your body and exits it while it's still in the supermarket, it's technically not stealing."


Is he correct or not? Explain why?

Answers

It is untrue to say that if food enters your body and then leaves it while it is still in the store, it is not technically theft.

What is stealing or theft?

In order to deprive the legitimate owner of something, theft is the act of taking another person's goods or services without that person's knowledge or agreement.

For several crimes against property, including larceny, burglary, embezzlement, extort, blackmail, or receiving stolen items, the word "theft" is also used as a synonym or informal shorthand.

While theft is defined broadly in some countries, larceny is regarded to be synonymous with stealing in others. The term "thief" can refer to a person who commits an act of theft.

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