External Costs
External Benefits
Cost-Benefit Analysis
Economic Growth
Whatever
100
The social costs and benefits of business activity to the community (page 31)
What is External Cost?
100
Increased employment would happen because of this (page 28)
What is the expansion of business (for example, opening new factories)?
100
A method of comparing the overall costs and benefits including the social costs and benefits, of a business activity or project (page 31)
What is a cost-benefit analysis?
100
A measure of how well al country is doing; it is shown through the Gross National Product of the country.
What is economic growth?
100
What campus is Mr. Hamilton at?
Portland
200
Pollution results from this (page 28)
What is increased traffic levels?
200
An area would be economically regenerated if this happened (page 28).
What is a new business moves in?
200
This weighs up the social costs and benefits of business activities (page 30)
What is cost benefit analysis?
200
Its natural resources and other productive assets.
In what does the wealth of a country lie? (page 30)
200
93,000,000 miles
How far is the sun from the earth?
300
Destruction of wildlife and it's habitat (page 28)
What is an example of an external cost?
300
If there was increased training of a local workforce, what would the workforce become (page 28)
What is more adaptable?
300
These may change, and a future cost-benefit analysis may yield a different result (page 30)
What are circumstances?
300
The amount of goods and services that are produced (page 30)
How to measure the efficiency of a country in using its natural resources?
300
Starbucks
What is the world's largest fast food chain?
400
An increase in global warming (page 28)
What can happen by cutting down forests and burning coal?
400
New roads and schools are an example of these (page 28)
What is improved amenities and living standards?
400
It is often difficult to put a value on some social costs or benefits, such as protecting a species of wildlife (page 30).
What is a problem with cost-benefit analysis?
400
Sustainable (page 30)
To be of lasting benefit, what must growth be?
400
Eli Manning
What two-time Super Bowl championship quarterback just got benched?
500
Taxation and subsidies (page 29)
What might government do to cover external costs?
500
A manufacturer reducing emissions of gases harmful to the atmosphere (page 29)
What is a private action by a firm or individual?
500
The total value of benefits exceeds the costs of the activity or project (page 30)
When should the business continue?
500
Sustainability (page 30)
The nations of the world are increasingly considering economic growth in term of its what?
500
100 (2 for each state)
How many US senators are there?
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