An example of a book-tax timing difference is tax exempt income. True False"
Answers
A book-tax timing difference is tax exempt income statement is False.
Tax exempt income is not an example of a book-tax timing difference. Book-tax timing differences arise due to disparities in recognizing income or expenses between financial accounting (book) and tax accounting. Tax-exempt income, by definition, is not subject to taxation and thus does not create timing differences. Examples of book-tax timing differences include revenue or expenses recognized in different periods, variations in depreciation methods, or divergent treatment of deductions for tax purposes. These differences result in temporary disparities between book and taxable income, affecting the timing of tax payments. Tax-exempt income, however, does not fall into this category since it is excluded from taxable income altogether, eliminating any timing discrepancy.
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Related Questions
Which of the following marketing jobs is most likely to require strong
analysis, organization, and communication skills?
A. Sales representative
B. Public relations specialist
C. Marketing research analythm
D. Social media manager
Answers
Answer: C: Marketing research analythm
Explanation: Market research analysts gather and analyze data on consumers and competitors.
The following marketing jobs that are most likely to require strong analysis, organization, and communication skills is Marketing research analythm. The correct option is c.
What is a marketing research analyst?Marketing research analysts gather and analyze data on consumers and competitors. Market research analysts study consumer preferences, business conditions, and other factors to assess potential sales of a product or service. They help companies understand what products people want, who will buy them, and at what price.
Market research analysts sometimes called market researchers help companies develop or maintain a competitive edge by finding and delivering data-backed insights into potential markets, competitors, and even customer behavior. They’re an integral part of a company’s overall marketing strategy and in-demand across multiple industries.
Market research analysts pore over trending keywords, survey responses, social media mentions, and other data to find answers. In essence, they transform information into actionable insights that will help companies develop everything from competitive product launches to effective marketing campaigns.
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We have this project in my business class, we have to come up with a store/business. I choose a candy store but I can’t think of any fine names. Can someone help me come with a name please?
Answers
Answer:
Candy Crush
Explanation:
Its catchy
Answer:
The Sweete Shoppe
The Lolly Pop
50 Shades of Candy
Explanation:
Specialty Products Company has a high turnover rate among its employees, especially those
who are young parents. Solution to this problem
Answers
The company has to first investigate the reason why young parents are leaving the company. This is the first step towards resolving the issues of high turnover.
If it is because of the inability to care for their kids while at work, then the company can solve this problem by:
Turnover in human resources refers to the act of replacing one employee with a new employee. Termination, retirement, death, interagency transfers, and resignations are examples of separations between organizations and personnel.
Turnover in human resources refers to the act of replacing one employee with a new employee. Termination, retirement, death, interagency transfers, and resignations are examples of separations between organizations and personnel.
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What can a boosted post help an advertiser achieve?
Answers
A boosted post helps an adviser to connect with the audience and gain trust.
Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.
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3) What is the present value of $1000, received at the end of 4 years of investment, with a discount rate of 4%?
Answers
Answer:
$854.81
Explanation:
The formula for calculating the present value is as below
PV = FV/( 1 + r)^n
Where Fv =1000
r = 4% or 0.04
n= 6
PV = $1000/ (1 + 4/100)^4
PV=$1000/(1 + 0.04)^4
PV=$1000/1.16985
PV =$854.81
.
Answer:
3629.9
Explanation:
I just did the test and thats what it told me the correct answer was.
1. Your friend asks to borrow $50 and offers to pay you back with interest. What factors
would you consider in your decision to accept or decline their request?
Answers
The factors that you have to think about would before giving out the loan would be the following:
The loan periodThe ability to pay back the loanThe interest that is on the loanHow the money is to be returned.What is a loan?This is the term that is used to refer to an amount of money that would be given to a person that is the borrower by the lender for a period pf time and for them to pay back with interest.
To be able to determine if you are to give out a loan, you have to take the ability of the person to pay you back the amount as a fator.
Also you have to check the character of the person that you are to loan the money to.
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Each of the following is a supply shifter EXCEPT: A. Number of sellers in a given market B. Cost of production of a specific good C. Change in consumer price expectations D. Change in producer price expectations Please select the best answer from the choices provided A B C D.
Answers
The correct answer is C. Change in consumer price expectations.
Each of the following is a supply shifter EXCEPT a change in consumer price expectations. A shift in supply occurs when the conditions of production for a good or service change. There are six major supply shifters, including:
Changes in resource prices: A decrease in the cost of the necessary components of a good or service would lead to a shift in supply to the right. On the other hand, if the cost of resources increases, the supply curve will shift to the left.Technology: Advances in technology that make production more efficient and less expensive, as well as those that open up new market opportunities, will cause the supply curve to shift to the right.Government policy: The imposition of taxes, subsides or regulations by the government can shift the supply curve for goods and services.Nature and disasters: Natural disasters such as hurricanes, earthquakes, floods, or pandemics can reduce the availability of resources, shift the supply curve to the left, and raise prices.Future expectations: Anticipated changes in the price of a good or service in the future can lead to shifts in the supply curve. When businesses anticipate that the price of a product will rise in the future, they are more likely to stockpile goods and sell them later.Producer price expectations: If a producer expects prices to rise in the future, they will want to supply fewer goods today so they can sell them at a higher price tomorrow. This will shift the supply curve to the left.To know more about consumer visit:
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Suppose a hypothetical corporation is in the very late maturity stage of its industry life cycle. A decline of growth in sales & earnings is forecasted soon. Current annual DPS is $4.50. This DPS is expected to grow 6.0% per year for the next 4 years, followed by 3.0% per year growth forever. Rate of return stockholders require is 8.0%. Determine this stock’s intrinsic value (P0). Show all formulas & calculations. [HINT: use the 2-stage growth model.]
Answers
The intrinsic value (P0) of the stock using the two-stage growth model is calculated to be $155.81. This value takes into account the forecasted growth rates, dividends, and the required rate of return.
To calculate the intrinsic value (P0) of the stock using the two-stage growth model, we need to follow these steps:
Calculate the present value of the dividends during the high growth phase (first four years):
P1 = DPS * (1 + g1) / (r - g1)
P1 = $4.50 * (1 + 0.06) / (0.08 - 0.06)
P1 = $4.50 * 1.06 / 0.02
P1 = $4.50 * 53 / 2
P1 = $119.25
Calculate the present value of the dividends during the stable growth phase (after four years):
P2 = DPS * (1 + g2) / (r - g2)
P2 = $4.50 * (1 + 0.03) / (0.08 - 0.03)
P2 = $4.50 * 1.03 / 0.05
P2 = $4.50 * 103 / 5
P2 = $92.70
Calculate the present value of the stock at time zero (intrinsic value):
P0 = P1 / (1 + r)^4 + P2 / (1 + r)^4
P0 = $119.25 / (1 + 0.08)^4 + $92.70 / (1 + 0.08)^4
P0 = $119.25 / 1.3605 + $92.70 / 1.3605
P0 = $87.67 + $68.14
P0 = $155.81
Therefore, the intrinsic value (P0) of the stock is $155.81.
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you have an eight-sided fair die. you can roll the die with a chance to win $1000 if it lands on 1. the expected value of the gamble is $ . note: round your answer to the nearest penny.
Answers
The expected value of the gamble involving an eight-sided fair die will be $125, with the likelihood of winning nothing to the nearest penny being 1 and the probability of winning $1,000.
Step 1: Calculate the probability of winning $1000.
Since the die has 8 sides and you win if it lands on 1, the probability of winning is 1/8.
Step 2: Calculate the expected value.
The expected value of the gamble is the product of the probability of winning and the amount you win. So, in this case, the expected value is:
Expected Value = (Probability of winning) × (Amount won)
Expected Value = (1/8) × $1000
Step 3: Calculate the result.
Expected Value = $1000 ÷ 8 = $125
Step 4: Round to the nearest penny.
Since the expected value is already a whole number, there is no need to round it further.
Your answer: The expected value of the gamble when rolling an eight-sided fair die and winning $1000 if it lands on 1 is $125.
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Required information The following information applies to the questions displayed below.) Maben Company was started on January 1, Year 1, and experienced the following events during its first year of operation: 1. Acquired $35,000 cash from the issue of common stock. 2. Borrowed $47,000 cash from National Bank. 3. Earned cash revenues of $63,000 for performing services. 4. Pald cash expenses of $52,500. 5. Paid a $2,500 cash dividend to the stockholders. 6. Acquired an additional $35,000 cash from the issue of common stock. 7. Paid $12,000 cash to reduce the principal balance of the bank note. 8. Pald $46,000 cash to purchase land. 9. Determined that the market value of the land is $64,000. Required a. Use a horizontal statements model to show how each event affects the balance sheet, income statement, and statement of cash s. Also, in the Cash Flows column, classify the cash flows as operating activities (OA), Investing activities (IA), or financing activities (FA), net change in cash (NC) and NA to Indicate the element is not affected by the event. The first event is shown as an example. (Enter any decreases to account balances and cash outflows with a minus sign.) Event No. Assets Cash + Land MABEN COMPANY Horizontal Statements Model for Year 1 Balance Sheet Income Statement = Liabilities + Stockholders' Equity Net Notes Common Retained Revenue - Expense = Income Payable S tock Earnings 35,000 + Statement of Cash Flows 35,000 + 35,000 FA 11111111111 Total 35,000 + + 35,000 + 0 0 35,000 d-1. Determine the net income that Maben would report on the Year 1 income statement. Net income d-2. Will dividends appear in the income statement? Yes No
Answers
In Year 1, Maben Company had a net income of $10,500. Dividends will appear in the income statement. The net increase in cash for the year was $29,000.
a) The table can be used to explain the effects of different events on a balance sheet, income statement, and statement of cash flows.
MABEN COMPANY
Horizontal Statements Model for Year 1
Event No. Assets Cash Land = Liabilities + Stockholders' Equity
Notes Payable Common Stock Retained Earnings Revenue Expense Income
1 +35,000 FA +35,000 +35,000
2 +47,000 FA +47,000 +47,000
3 +63,000 OA +63,000 +63,000
4 -52,500 OA -52,500 -52,500
5 -2,500 FA -2,500 -2,500
6 +35,000 FA +35,000 +35,000
7 -12,000 OA -12,000 -12,000
8 -46,000 IA -46,000 -46,000
9 +29,000 +64,000 IA +29,000 0 +29,000
The net change in cash for the year would be determined using the above information as:
Cash balance at the beginning of the year = 0
Cash balance at the end of the year = $29,000
Net increase in cash balance = $29,000
Maben's net income would be computed as follows:
Net income = Revenue - Expenses = $63,000 - $52,500 = $10,500
Yes, dividends will appear in the income statement.
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When a user sends a reply to a message, what is the user sending
Answers
Answer:
the reply and the message history
Explanation:
try it
2) Explain using welfare measures whether consumers prefer a single price monopoly or a perfectly price discriminating monopoly.
Answers
Welfare measures refer to measures used by the government to evaluate social welfare. Welfare measures could include consumer surplus, producer surplus, deadweight loss, and total surplus.A single-price monopoly is a market in which a single firm controls the entire market and sells at a single price.
A perfect price-discriminating monopoly is a market in which a single firm controls the entire market and charges different prices to different customers based on their willingness to pay. The price for each customer is equal to their marginal benefit.
Considering consumer surplus, a single-price monopoly will produce less of the good compared to a perfect price-discriminating monopoly. Consumers in a single-price monopoly market will experience a lower level of welfare as their surplus is reduced, while a perfect price-discriminating monopoly maximizes the consumer surplus.
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Son los que se produjeron en determinado periodo: los costos de los productos vendidos o los costos de los que se encuentran en proceso
Answers
La respuesta correcta para esta pregunta abierta es la siguiente.
A pesar de que no se anexan opciones o incisos para responder, podemos decir lo siguiente.
Aquí estamos hablando de los costos históricos. Estos costos son los que se produjeron en determinado periodo: los costos de los productos vendidos o los costos de los que se encuentran en proceso.
Un buen contador dentro de la empresa, se basará en estos costos históricos para poder predecir o proyectar los costos predeterminados y tener cierta información de lo que puede suceder a corto o mediano plazo.
Recordemos que esos costos predeterminados son necesarios para que los contadores puedan elaborar presupuestos lo más apegados a la realidad y se puedan ajustar con el tiempo. Para elaborar estos costos predeterminados, el contador hace uso de herramientas estadísticas.
which part of our body is affected by plogue pose?
Answers
Answer:
spine and shoulders are affected
The spine and the shoulders of our body part are mostly affectd by the plogue pose. It stretches our body muscles.
Plow PoseIt is a stretching exercise which keeps your body fit and flexible.
Doing stretching exercise regularly benefits the body mucles and tendons.
The plow pose is a stretching exercise where one positions his/her body upside down and keeps their feet bend over the head.
This pose affects our spine and also our shoulders.
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Indicate whether each of the following transactions represents an increase in net exports, a decrease in net exports, an increase in net capital outflow, or a decrease in net capital outflow for the United States. Transaction Net Exports Net Capital Outflow Increase Decrease Increase Decrease The Japanese car manufacturer Nissan builds a factory in Ohio. A German citizen buys an Apple computer. An American buys a Sony TV. An American fashion company opens up an outlet in the U.K.
Answers
Answer:
Net export decreases and net capital outflow decreases
Net export increases and net capital outflow decreases
Net export decreases and net capital outflow increases
Net export increases and net capital outflow increases
Explanation:
Net export = export - import
export would comprise of goods and services produced in the US that are been sold to foreign countries
Import would comprise of foreign produced goods and services that are been sold in the US
Net export would increase when export occurs and decrease when import occurs
Net capital outflow measures the flow of funds in a country. It is the difference between purchase of foreign assets by the citizens of a country and the purchase of domestic assets by foreigners
Net capital outflow = purchase of foreign assets by citizens - purchase of domestic assets by foreigners
Net capital outflow is positive when purchase of foreign assets occur and negative when purchase of domestic assets occur.
1. the setting up of the factory is an import and there is a flow of funds into the US economy. Thus, net export and net capital flow decrease
2. A Apple computer is produced in the US. The sale to a German constitutes an export but there is a flow of fund into the US economy. net export increase and net capital outflow decreases
3. Sony is not produced in the US. the purchase of the TV constitutes an import and there is a flow of funds out of the US economy. Net export reduces and net capital outflow increases
4. The opening of the fashion company outlet in the UK constitutes an export and there is a flow of funds out of the US. Net export increases and net capital outflow increases
a data analyst notices an error in a dataset during the verification process and they are trying to fix it. they remember fixing this error when previously cleaning the data. what tool can the analyst reference to find documentation of the previous fix for this error?
Answers
The data analyst can reference the data cleaning documentation to find the previous fix for the error.
The documentation should contain a record of the steps taken during the data cleaning process, including any fixes or changes made to the dataset. This documentation can take many forms, such as a logbook, a script or code, or a report that outlines the data cleaning steps. By referencing this documentation, the data analyst can quickly identify the previous fix for the error and implement it again, ensuring that the dataset is accurate and reliable.
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State two reasons why people work
Answers
Answer:
earn money, make a change, fulfill their dreams
Explanation:
Money isn't the only reason why people work it's also for independence and have more control over their own life.
Explanation:
when you work you are also getting more skills and making more friends with people you have meet in you'r job.
What does market economy and command economy have in common?
Answers
Both economies have comparable economic actors, such as producers and consumers, products and services capital and labor, as well as consumers and producers.
What is known as market economy?A market system is a kind of capitalism in which a nation's companies and residents interact to determine economic policy and the cost of products and services. A market economy is a form of economic system in which supply and demand, rather than government intervention, control the economy.
Why is America referred to as a market economy?Government intervention and resource management are seldom ever present. The interactions between a nation's enterprises and residents, along with the relationship of supply and demand, serve as the basis for all economic decisions and the price of products and services.
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Sean is an economics student and preparing to give a slideshow presentation to his
economics class focused on various economic laws. The first law that he will be
discussing has to do with producers offering more of a good or service as the price
rises. Based on this, what did Sean MOST likely use for the title of this slide?
Answers
Sean is an economics student and preparing to give a slideshow presentation to his economics class focused on various economic laws. Sean most likely used the term "Law of Supply" as the title of this slide, which states that producers are willing to offer more of a good or service as the price increases.
The law of supply states that producers will offer more of a good or service as the price of that good or service rises. This is because as the price increases, producers are able to earn a higher profit margin and are incentivized to increase their production levels. Understanding the law of supply is a fundamental concept in economics and is essential for understanding how market forces interact to determine prices and production levels.
The law of supply is based on the assumption of ceteris paribus, which means "all other things being equal". This means that the law of supply assumes that there are no changes in other factors that could affect the supply of the good or service, such as changes in production costs, technology, or government regulations. In reality, these other factors can also influence the supply of a good or service and cause the supply curve to shift.
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As a student, you are able to earn extra money by assisting your neighbors with odd jobs. If you charged $10.25 an hour for your assistance, about how many hours would you need to work to earn $8,425? Show your work.
Answers
Answer:
822 hours
Explanation:
The charge per hour is $10.25.
To earn a total of $8,425, one need to work ? hours.
1 hr =$10.25
? hrs = $8,425
?hrs = $8,425 / $10.25
=821.951
=822 hours
In 2010, a small country imported goods worth $700 billion and exported goods worth $413 billion. it exported services worth $248 billion and imported services worth $330 billion. payments on investments abroad totaled $199 billion, while returns paid on foreign investments were $125 billion. unilateral transfers from the country to other nations amounted to $94 billion. what was the country's merchandise trade deficit for 2010
Answers
To calculate the merchandise trade deficit for the small country in 2010, we need to subtract the value of exported goods from the value of imported goods. The country imported goods worth $700 billion and exported goods worth $413 billion, giving a merchandise trade deficit of $287 billion.
It's important to note that this figure only takes into account the physical goods being traded between the country and other nations. It does not include the value of services being exported or imported, nor does it account for payments on investments or unilateral transfers.
To get a more complete picture of the country's trade balance, we can also look at these other factors. The country exported services worth $248 billion and imported services worth $330 billion, giving a services trade deficit of $82 billion. Payments on investments abroad totaled $199 billion, while returns paid on foreign investments were $125 billion, resulting in a net outflow of $74 billion. Finally, unilateral transfers from the country to other nations amounted to $94 billion, meaning that the country gave more money to other nations than it received in return.
Overall, when we take all of these factors into account, the small country had a trade deficit of $443 billion in 2010. This means that it was importing more goods and services, paying more on foreign investments, and giving more in unilateral transfers than it was exporting, receiving in investment returns, and receiving in unilateral transfers from other nations.
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Select FIVE skills you would like to develop; areas in which you would like to improve
(weaknesses) that will have a positive impact on your career in professional development
Answers
Communication, computers, mediation, mentoring or coaching, n networking would like to skills develop. Picking a talent that is not necessary for the position you're applying for, and by emphasizing precisely how you're practically resolving your shortcoming.
You can utilize impatience, multitasking, self-criticism, and procrastination as some of your shortcomings. Your weaknesses will soon eclipse your strengths if you ignore them. Your Achilles heel might be a vulnerability. A crucial quality is actually the capacity to accept your flaws in the name of self-improvement. Lack of delegation, uncertainty, lack of self-awareness, lack of confidence, lack of knowledge of specific abilities, and others are frequent employee flaws.
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QUESTION 7 of 10: Which is NOT a use for market research?
a) Identifying what services customers want
Ob) Deciding what merchandise to sell
O c) Determining tax deductions
O d) Forecasting sales
Submit
Answers
Answer:
The answer would be b, determining tax deductions
Explanation:
All three of the other points are ways you can find out customers needs and wants, however tax deduction is used to figure out how much tax is owed.
Renee Wilson has a life insurance policy where the payments to beneficiaries get smaller as time passes. What type of term life insurance does Renee likely have
Answers
Decreasing term life policy is the life insurance policy where the payments to beneficiaries get smaller as time passes. Declining term insurance has cheaper rates than other types of term life insurance.
What is life insurance?Life insurance is a contract between the person and an insurance provider. In return of the insurance payment the insurance company will pay the beneficiaries of huge amount.
The lump-sum amount is also called the death benefit amount which will get at the time of death of the insurance holder. The person's beneficiaries can spend the money on whatever they like.
Thus, Decreasing term life policy is the life insurance, where payments decrease as the time passes.
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Which type of financial aid is often based on merit, as opposed to financial need?
Answers
Answer:
Scholarships
Explanation:
Merit-based aid goes to students based on their academic and/or extracurricular achievements rather than their financial need. Scholarships are the most common type of merit-based aid. Students may receive scholarships from nonprofit organizations, private businesses, and colleges and universities.
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Answer: scholarships
Explanation:
After the economic recession, the boating industry suffered from a decline in sales. However, recent sales forecasts indicate that the upcoming season will produce a strong demand for boats and boating equipment. Based on this, Lynn has decided to ramp up production this winter of both his bass fishing boats and speed boats, keep them in storage until the boating sales season officially resumes, and hope that customers will buy them. This is an example of a ________ strategy.
Answers
Answer:
push strategy
Explanation:
The push strategy consists of a marketing strategy whose objective is to make customers buy the products of a company through the use of marketing to attract consumers, for example, advertisements on social media, advertising on TV, exhibitors, etc.
In this strategy, the company searches for its customers by running ads about the benefits and features added to its product so that the customer knows the product and thus decides to make the purchase.
In 2017, Blake purchased a new home. In addition to the purchase price of $200,000, he paid $700 in legal fees and $2,000 in recording costs. In 2019, he added a deck at a cost of $5,000. Blake's basis in his home is:
Answers
Answer:
$207,700
Explanation:
Blake's basis in his home in 2017 = purchase price + legal and administrative fees = $200,000 + ($700 + $2,000) = $202,700
Since the deck that Blake added to his home is considered an improvement that is permanent and increases the home's value, it will also increase the home's basis = $202,700 + $5,000 = $207,700
commercial banks hold deposits and
Answers
Benefits of forming a Limited Liability Company
Answers
Answer:
Separate legal identity : A limited liability company (LLC) is an entity that is separate and apart from its owners, with its own rights, responsibilities and liabilities. This means that an LLC can file a lawsuit (or be sued) in its own nameLimited liability : Because an LLC is a separate entity, the owners of the company have limited liability. This is one of the most important benefits to operating as a limited liability companyPerpetual existence : Unless the articles of organization specify differently, a limited liability company has perpetual existence. This means that the owners can change without triggering the dissolution of the company. A member’s death, retirement, or withdrawal from the company for any other reason does not mean that the company must cease to operate._________________________________________
Question: Hello: ) ✨Benefits of forming a Limited Liability Company?
Answer: It limits liability for managers and members.
Superior protection via the charging order.
Flexible management.
Flow-through taxation: profits are distributed to the members, who are taxed on profits at their personal tax level.
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What is a public good?
A A public good is a product or service that one consumer can prevent another consumer from using, and is not accessible without
payment
B A public good is a product or service that one consumer cannot present another consumer from using, and is accessible without
payment
C A public good is a product or service that one consumer cannot prevent another consumer from using, and is not accessible without
payment
D A public good is a product or service that one consumer can prevent another consumer from using, and is accessible without payment.
Answers
I believe your answer is B
A public good is a product or service that one consumer cannot present another consumer from using, and is accessible without payment