Exams

Prices do not reflect the full social cost of production is an example of Market failure.

A market failure occurs when the supply of a good or service is insufficient to meet demand. This results in an inefficient distribution of resources among market participants.

It also occurs if externalities are not accounted for.

If a firm fails to maximize its profits this is not a general market failure.

Amicable means Friendly or in Loveable, peaceful sense.

Then Antonyms for Amicable are Opposite of Friendly => Unfriendly, Hostile, Unpeaceful, etc...

Speed has been identified as a key risk factor in road traffic injuries, influencing both the risk of a road crash as well as the severity of the injuries that result from crashes.

Speeding is a factor in 30 % of all fatal accidents.

Biogeochemical cycles are crucial to ecosystem function because ::

1. Chemical elements are available in only limited amounts and must be recycled.

2. Nutrients and other life-sustaining molecules are in limited supply and must be continually recycled.

Let p% of 50 is 2

=> p x 50/100 = 2

=> p = 4%

Hence, 2 is 4 percent of 50.

The brain and spinal cord are two components of the Central nervous system which are responsible for sensory information.

Assets minus liabilities equals Equity.