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- ANCOSA The cost of one modern heavy bomber is this: a modern brick school in more than 30 cities. It is two electric power plants, each serving a town of 60,000 population. It is two fine, fully equipped hospitals. It is some 50 miles of concrete highway." Source: https://www.juneauempire.com/opinion/opinion-guns-vs-butter-and-greed-over-all/ Accessed: 14/08/22 The dilemma that all nations confront in the above example is that... A. an increase in national defence is only possible if we produce more civilian goods and services. B. civilian goods and services can only be produced if we have adequate protection from the military. C. an increase in spending in national defence implies more sacrifices of civilian goods and services. D. spending in national defence can be accomplished using the same resources at the same time. Assume that coffee and tea are substitutes. Derrick and Thandi are vendors at the station. Derrick sells tea and Thandi coffee. They usually sell these drinks at R5…What are concerns that some people have with the use of consumer decision nudges by governments?What is consumerism? What rights do consumers have, and why do somecritics feel buyers need more protection?
- Please see question bellow and 1st answer. Please help with the 2nd part of the question. What kind of incentives would help with the problem? The black rhino is one of the most endangered species on the planet. In southern Africa in 1970 there were 65,000 Black Rhinos. Now there are only 2,500. Basic economics tells us why they are in trouble and what we can try to do about it. Why do people kill the black rhino? Because they can make a lot of money relative to the risk of getting caught - just like drug trafficking and lying on your taxes. In Asian communities the horn is viewed as an aphrodisiac and a powerful pain reliever. In Yemen sabers are made from them. As a result one horn can fetch $30K on the black market. The average yearly income in southern Africa is $1,000 and falling. The black rhino is worth more dead than alive. This is a market that does not correct itself. Another piece of this, that is common to many environmental challenges, is that most black rhinos are…Is it the only goal of economicpolicymakers?"Clothes make the man.” a. What do clothes and grooming tell about a person? b. Can a person judge by his appearance?
- a. How will the imposition of the chosen government policy which is the nudge theory impact consumer surplus, producer surplus and total surplus with the effects of water pollution? (Maximum 30 words)The leader of a political party made the following campaign promise...“In the Porter’s Five Forces model, the threat of substitute products refers to ______.”