Questions

Market failure arises because it is not possible for the market to correctly weight cost and benefits in a situation in which some of the cost is completely unaccounted.

Demand-side market failures happen when demand curves do not reflect consumer’s full willingness to pay for goods or services.

Supply-side market failures occur when supply curves do not reflect the full cost of producing a good or services.

Constant expression required in the second case, we cannot use j.

SOP means Standard Operating Procedure.

A standard operating procedure is a set of step-by-step instructions compiled by an organization to help workers carry out complex routine operations. SOPs aim to achieve efficiency, quality output and uniformity of performance, while reducing miscommunication and failure to comply with industry regulations.

Every SOP must have the signature of the approving authority within your chain of command before it is a legal document.

Mortar is a mixture of cement or lime as a binder, sand and water.

The substances in which two or more atoms are attached together are called as molecular substances. 

Properties of molecular substances ::

1. Molecular substances are bonded with covalent bonds

2. Bad heat conductivity

3. Bad electrical conductivity

4. Have low melting points.

Maryland was established by Calvert brothers as a refuge for Roman Catholics prosecuted in England.