LII . This often leads to rent seeking Market failures are olten viste Toms U
polistic firms and other non-competitive organisations.
Adapted source: https://www. researchgate. net/publication/26573:
DNS
vide the term for the following statements:
Businesses do not maximise output from the given inputs.
When businesses produce goods and services that consumers do not want.
That is the effect on the market when suppliers under invest in their businesses?
hy is price discrimination not possible under perfect market conditions?
at are the consequences of negative externalities on society?​

1. gdp is calculated by summing consumption, investment, and exports of all final goods and services produced within the borders of a given country during a specific period the dollar value of all final goods and services produced within the borders of a given country during a specific period government expenditures within the borders of a given country during a specific period the quantity of all final goods and services produced within the borders of a given country during a specific period

In macroeconomics, to study the aggregate means to study blank

Emery pharmaceutical uses an unstable chemical compound that must be kept in an environment where both temperature and humidity can be controlled. emery uses 825 pounds per month of the chemical, estimates the holding cost to be 50% of the purchase price (because of spoilage), and estimates order costs to be $48 per order. the cost schedules of two suppliers are as follows: vendor 1 vendor 2 quantity price/lb quantity price/lb 1-499 $17 1-399 $17.10 500-999 $16.75 400-799 $16.85 1000+ $16.50 800-1199 $16.60 1200+ $16.25 (a) what is the economic order quantity for each supplier? (b) what quantity should be ordered and which supplier should be used? (c) the total cost for the most economic order sire is $