Conducting your own investigation, discuss and analyse ONE of the following issues (choose one only):
a. A financial market heavily affected by imperfect information. Identify a specific real- world market (e.g. current lending market conditions in Greece) as your case study. Carefully identify and explain the key problems arising from asymmetric information and uncertainty in that market. Support your analysis with evidence, including data. Analyse existing policies and discuss policy alternatives to improve economic efficiency. Support your analysis with data.
b. A negative externality. Find a real world example of a substantial negative externality. Present your case very carefully explaining the key issue using evidence. Discuss policy alternatives for bringing a Pareto-improvement into the economy. Compare your policy alternatives with the actual policy being used (if any). Compare it with policies used in other parts of the world. Conclude on the best policy option, or the cost-benefit of each.
c. A positive externality. Find a real world example of a substantial positive externality. Present your case very carefully explaining the key issue using evidence. Discuss policy alternatives for bringing a Pareto-improvement into the economy. Compare your policy alternatives with the actual policy being used (if any). Compare it with policies used in other parts of the world. Conclude on the best policy option, or the cost-benefit of each
d. A case in which the provision of a (non-existent) public good could be justified. Identify specific real-world case in space-time (e.g. the current need of providing a bridge in Margaret River, WA). Carefully present your case, explaining why the public good is inexistent and the economic efficiency implications of its provision. Discuss a method for obtaining information to conclusively confirm that the public good should be provided. Propose a detailed plan for providing the public good; discuss alternative policies that can be used for it and how alike public goods have been provided in other locations.
Answers
We can see here that the issue we will choose and discuss is c. A positive externality.
What is a positive externality?A Real-World Example of a Positive Externality: Education
Education is often cited as a significant positive externality. When individuals acquire education and knowledge, the benefits extend beyond the individual learner and spill over to society as a whole.
The positive externalities of education can manifest in various ways, including increased productivity, improved public health, reduced crime rates, and enhanced civic engagement.
Positive externalities of education can be observed in multiple contexts worldwide. Let's take the example of investing in early childhood education programs.
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Related Questions
HELP!
Frank Columbo, a police detective, has a gross weekly income of $1,052.00. His earnings
to date for this year are $31,560. How much is deducted from his paycheck each week for
Social Security? How much for Medicare? What is his yearly salary?
Answers
Answer:
Social Security tax = $65.22Medicare = $15.25Yearly Salary = $54,704Explanation:
Social Security tax for 2021 is 6.2% on the first $142,800 earned for the year.
Mr. Columbo falls under the limit so will pay the 6.2%.
Social security = 6.2% * 1,052
= $65.22 per week
Medicare is 1.45% with no limits:
= 1.45% * 1,052
= $15.25
Yearly Salary:
= Salary per week * Number of weeks in year
= 1,052 * 52
= $54,704
which of the following is a drawback of a just-in-time system? group of answer choices transport costs are high when using a just-in-time system. it leaves a firm without a buffer stock of inventory. it leaves a firm with high scrap costs associated with defective products. it increases the warranty costs associated with products.
Answers
Prices are the signals that coordinate economic activity and allocate resources among different uses. The price system allows for efficient allocation of resources in a decentralized economy. The prices of goods and services reflect the underlying supply and demand dynamics of the market, which help to direct resources to where they are most needed.
One reason why prices effectively perform the allocation function is that they provide information about the relative scarcity of different resources. When a resource is scarce, its price will be high, signaling to consumers and producers that it should be used sparingly or efficiently. On the other hand, when a resource is abundant, its price will be low, signaling that it can be used more liberally.
Another reason why prices effectively perform the allocation function is that they provide incentives for producers to supply more of a good or service when demand is high and to reduce supply when demand is low. This encourages the efficient use of resources and helps to ensure that goods and services are produced at the lowest possible cost.
A third reason why prices effectively perform the allocation function is that they facilitate trade and exchange by providing a common language for buyers and sellers to communicate the value of goods and services. This makes it easier for buyers and sellers to find each other and to transact in the marketplace.
However, one reason why prices may not effectively perform the allocation function is if there are externalities present. Externalities are costs or benefits that are not reflected in the price of a good or service, and they can lead to market failure. For example, pollution is a negative externality that is not reflected in the price of goods that produce it, which can lead to overproduction and overconsumption of polluting goods. In such cases, government intervention may be necessary to correct the market failure and ensure efficient allocation of resources.
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12. One of the benefits of developing a business plan for a new start-up is:
(1 Point)
I shows 91actly how much profit the business will make
it makes sure that the bank will lend all the capital needed
it means that the business start up has no risk of failure
it assists in organising the resources needed for the new business
Answers
Answer:
it assists in organising the resources needed for the new business
Explanation:
A business plan details the mission and objectives of an entity. It explains the nature of business the entity will engage in, the target market, the resources it requires, and the projected revenues and expenses.
A business plan is useful when soliciting resources. Although a business plan does not guarantee a hundred percent financing, It shows how much resources will be required and how they shall be used. This helps the founders to know what is required at what stage and make the necessary arrangements.
Why do nonprofit organizations stand to gain from using information systems, just like business?
Answers
A nonprofit organization is formed for the only cause of benefitting societal welfare in a tangible way, searching for to answer a humanitarian or environmental want. A for-profit employer commonly seeks to create earnings for founders and the employees.
Non-earnings organizations include churches, public schools, public charities, public clinics and hospitals, political corporations, prison resource societies, volunteer services corporations, labor unions, professional institutions, research institutes, museums, and some governmental groups.
The most tremendous distinction among nonprofits and for-income organizations lies of their purpose: nonprofits have a social project, whilst for-profits purpose to offer services and products that are treasured to clients and generate sales. Nonprofits also obtain positive tax breaks.
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Help me with this one two , still not sure what to do here
Answers
Answer:
NEED CORRECT IN FORMATION BECAUS NOT EASY TO SOLVE
Explanation:
which statements are true regarding revenue recognition over time and upon completion? (select all that apply.) multiple select question. revenue recognition upon completion is required for all long-term construction contracts. the same total amount of gross profit is recognized under both methods. revenue recognition over time provides a more realistic measure of a project's periodic performance. the timing of gross profit recognized is the same under both methods.
Answers
The statements that are true regarding revenue recognition over time and upon completion are options (b) the same total amount of gross profit is recognized under both methods and (c) revenue recognition over time provides a more realistic measure of a project's periodic performance.
Revenue recognition upon completion is suitable for long-term contracts that span over a significant period, such as a year or more, while revenue recognition over time is suitable for contracts where performance occurs over time.
Under revenue recognition upon completion, revenue and gross profit are recognized once the contract is completed or substantially completed, while under revenue recognition over time, revenue and gross profit are recognized as the project progresses.
Both methods recognize the same total amount of gross profit over the life of the contract. However, revenue recognition over time provides a more accurate measure of the project's periodic performance, whereas revenue recognition upon completion does not provide any information about how the project is progressing until the end.
Therefore, the correct options are (b) the same total amount of gross profit is recognized under both methods and (c) revenue recognition over time provides a more realistic measure of a project's periodic performance.
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What's is an example of decision making in college
Answers
Answer:
Choosing the correct program, using college resources, attending your classes, and doing well in assignments and exams.
The demand for cattle and an increase in railroad construction across the u. S. Contributed most directly to –.
Answers
The amount of land available for ranching in West Texas decreased due to the demand for cattle and a rise in railroad development across the United States.
What exactly do you mean by "Texas ranching"?Texas has 248,800 farms and ranches totaling 130.2 million acres, making it the state with the highest production of beef cattle in the nation. Cattle ranching contributes to Texas's culture as well as its economy.
What type of ranching is the most successful?The most profitable and straightforward animal to raise for profit is typically cattle. Simply having adequate pasture, extra hay during the winter, fresh water, immunizations, and lots of space to wander are all that beef cattle need.
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A ______ resume is customized to highlight the specific qualifications and experience needed for a particular job.
A targeted
B combination
C chronological
D functional
Answers
Answer:
A. targeted
Explanation:
A resume (curriculum vitae) can be defined as a short text-based document that a job applicant use to briefly outline his or her qualifications, abillities and accomplishments, haven completed and obtained an academic certificate.
Generally, all job applicants are required to have a resume (curriculum vitae). This brief and concise document is always requested by human resource managers during the job application process.
Furthermore, the primary way to make a resume persuasive (to convince or inform an action in the minds of the readers - potential employers) is by customizing it to fit each company and position.
This ultimately implies that, job applicants are expected to tailor their resume to fit or match the position that is advertised by a company's human resources department.
Hence, a targeted resume (curriculum vitae) is customized (tailored) by a job applicant to highlight the specific qualifications and experience needed for a particular job.
why would the canadian government have any interest in helping massey-ferguson refinance its debt?
Answers
Massey-Ferguson, the Canadian farming machinery corporation, was a key manufacturer in the Canadian economy that had a significant impact on the nation's economy, employment, and export markets during the post-World War II era.
Here's why the Canadian government may have had an interest in assisting Massey-Ferguson with refinancing its debt:
Employment: Massey-Ferguson was one of the most important employers in Canada at the time. As a result, if the company failed, tens of thousands of people would have lost their jobs, which would have had a significant impact on the Canadian economy.
Exports: Massey-Ferguson was one of Canada's biggest export industries, with customers all over the world. If the company collapsed, the Canadian export sector would have been severely harmed.
Agriculture: Massey-Ferguson was the nation's biggest manufacturer of farm equipment, and the government was eager to promote farming as a cornerstone of the Canadian economy. If Massey-Ferguson failed, farmers would have struggled to find a reliable source of high-quality, cost-effective equipment.
Reputation: The Canadian government wanted to maintain the country's reputation as a safe place to invest and do business. If Massey-Ferguson failed, it would have sent a negative message to foreign investors and made it more difficult for Canadian firms to raise capital.
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A significant summer drought takes place in several states, including lowa, Nebraska, Illinois, Minnesota, Indiana, and others. Because
of the drought, the corn crop is severely damaged and limited for market. How will the drought and damage to the corn market likely
affect the overall price of goods?
A)
The drought and damage to the corn market will likely have little effect on
the overall price of goods, since corn production is extremely small in the
United States.
B)
The drought and damage to the corn market will likely have little effect on
the overall price of goods, as most Americans have excluded starches, Like
corn, from their diets.
The drought and damage to the corn market will likely have a great effect
on the overall price of goods, as corn-producers are required members of
the Federal Reserve Board of Governors.
D)
The drought and damage to the corn market will likely have a great effect
on the overall price of goods, as corn is used as a component for many
goods produced and sold in the United States
Answers
Answer: D
Explanation:
Increasing and decreasing the decimal option on Excel is intended for:
A: formatting to currency
B: Rounding the value in the cell
C: Changing the cell to number
D: Formatting to accounting
Answers
Answer:
i think its C
Explanation:
The Screamin' Eagles Company makes wheels and wings for ground transport vehicles and drones. In addition to the key manufacturing departments, Screamin' Eagles needs two key support services, provided by its maintenance and IT departments.
The Maintenance Costs are allocated to other departments based on the square footage each department occupies. The IT departments allocates its cost to other departments based on the amount of time the IT employees spend assisting the other departments. The cost information of all four departments, along with their usage information for both allocation basis is as follows:
Support Departments Operating Departments
Maintenance IT Wheels Wings Total
Initial Cost $125,000 $80,000 $415,000 $650,000 $1,270,000
Square Feet Occupied 1200 2000 2400 5600 11200
IT Labor hours Used ------- 1000 2850 2150 6000
a. Allocate the support department costs using the direct method to determine the total costs for which each operating department should be accountable.
b. Allocate the support department cost using the step - method to determine the total costs for which each operating department should be accountable. Rank the support departments based on their original cost.
c. Which of the two approaches to Screamin' Eagles Management. Explain
Answers
The Screamin' Eagles Company makes wheels and wings for ground transport vehicles and drones. The correct answer is Allocate the support department costs using the direct method to determine the total costs for which each operating department should be accountable.
The phase method is the strategy that will be recommended for Screamin' Eagles Management.The step approach is a method of sequentially transferring expenditures from one service department to another and to operating departments.The service department that offers the most support to other departments usually comes first in the list.The cost of a service department is split between operating departments and other service departments under the step method as opposed to the direct method. The cost allocation step process is a sequential procedure. is a technique for transferring service department expenditures to other organisational departments. This method allocates each service department's cost one at a time.
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Controversial Procedures of the EEOC
O Affirmative Action: O Reverse Discrimination:
Answers
It necessitates removing all bias from personnel activities. Affirmative action is a collection of targeted, goal-oriented initiatives created to address the underrepresentation of women and people of colour in the workforce.
People need only be treated fairly for equity to exist; they do not need to be on an equal footing. Fairness is viewed through the lens of affirmative action in a much broader sense. Not only is equality of treatment prioritised, but also equality of outcomes.
Affirmative action critics claim that doing so constitutes reverse discrimination and that it is morally wrong for the targeted government to ever consider a person's race when awarding benefits like contracts, employment, or school admission.
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isabella’s landlord has included a clause in the rental contract that makes it possible for him to increase isabella’s monthly rent if taxes on the property go up. which clause was included in the contract?
Answers
Answer:
Escalator clause
Explanation:
I attached a pic of my question, pls help.
Answers
Farmer raising sheep.
Why is education base of an occupation? Explain.
Answers
Occupational education refers to a total program of education oriented to the world of work. Occupational education should be gin to take form in the elementary school with a basic introduction to the world of work in terms appropriate to the maturity level of the students.
GIVING BRAINLY I NEED HELP ASAP !!!!! Annika has been saving money to purchase a new car. She has been following economic factors closely to be sure she makes the best decisions regarding her potential purchase. Annika works in an industry that is unlikely to suffer from high turnover regardless of economic conditions. If Annika wants to get the best interest rate on her car loan, what would be the best time for her to buy?
a). After she had paid her Federal Income Tax
b). An expansion of the economic cycle
c). A contraction of the economic cycle
d). Just before the end of inflation
Answers
Answer:
pick B, it would be the answer
What is scarcity? I need to know
Answers
Answer:
being in short supply of something
Answer: An inadequate amount of something; a shortage.
Scarcity means to be on low of something. So if you were low on stuff in your house like paper towels that means you have a shortage of something.
frito-lay increased its emphasis on _____ customers online to build its brand image.
Answers
Frito-lay increased its emphasis on engaging with customers online to build its brand image.
Frito-Lay recognized the growing importance of digital channels and shifted its focus towards actively engaging with customers online as a strategy to enhance its brand image.
Through online engagement, Frito-Lay could reach a wider audience, including tech-savvy consumers and younger demographics who are highly active online. By utilizing various digital channel techniques, such as targeted ads, interactive content, and engaging social media campaigns, Frito-Lay aimed to capture attention, generate brand awareness, and foster brand loyalty among online consumers.
Additionally, online platforms provided Frito-Lay with opportunities for real-time customer feedback and insights. By actively monitoring and responding to online conversations and reviews, Frito-Lay could address customer concerns, improve customer satisfaction, and adapt its brand messaging accordingly.
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how does increase in productivity result in decrease in cost of production?
please give me a simple answer
Answers
Answer:
Explanation:
say you buy a machine that cost 1 million dollars. The more products you produce with that machine, the cheaper the production cost is.
Desiree currently works as a manager of an electronics store earning an annual salary of $50,000. She noticed an internal job opening for a regional manager that pays $100,000 salary, but an MBA is required for consideration. The cost for a full-time MBA program in two years is $60,000. What is her opportunity cost for attending graduate school, without consideration for time value of money
Answers
The opportunity cost for Desiree attending graduate school can be found to be $160,000.
How to find the opportunity cost ?Desiree's opportunity cost for attending graduate school is the amount of money she would earn if she continued working instead of going to school. In this case, she would earn $50,000 per year for two years, for a total of $100,000.
She would also have to pay $60,000 for tuition, bringing her total opportunity cost to $160,000:
= 60, 000 + 100, 000
= $ 160, 000
Therefore, Desiree's opportunity cost may be offset by the higher salary she would earn in the future.
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#1 You are driving down the highway when one of your tires suddenly blows out. You should
Pump your brakes rapidly, and steer your vehicle to control any skids.
Avoid using your brakes. Slow down gradually and concentrate on steering.
Press hard on your brake pedal and stop as quickly as you can.
Answers
It is now 1st of January 2022. You plan to make 11 deposit of $100 each, on every 3
months, with the first payment being made today. If the bank pays a nominal interest
rate of 12 percent, but uses quarterly compounding, how much will be in your
account after 10 years?
Answers
If you make 11 deposits of $100 each, with payments made every 3 months, your account balance after 10 years will be approximately $2,088.52.
To calculate the final account balance, we can use the formula for the future value of a series of equal payments. In this case, you will be making 11 deposits of $100 each, with payments made every 3 months. The nominal interest rate is 12 percent, which is equivalent to a quarterly interest rate of 3 percent.
Using the formula for future value of a series of payments:
FV = P * ((1 + r)^n - 1) / r
where FV is the future value, P is the payment amount, r is the interest rate per period, and n is the number of periods.
Plugging in the values, we have:
P = $100
r = 0.03 (3 percent)
n = 11 * 4 (11 deposits over 10 years with quarterly compounding)
FV = $100 * ((1 + 0.03)^(11 * 4) - 1) / 0.03 ≈ $2,088.52
Therefore, after 10 years, your account balance will be approximately $2,088.52.
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Equilibrium GDP occurs when the quantity of output that buyers want to purchase is the quantity of output that suppliers want to produce.
Answers
Equilibrium GDP occurs when the quantity of output that buyers want to purchase.
The Equilibrium GDP occurs where the aggregate expenditure line crosses the 45-degree line, that represents the set of points where aggregate expenditure in the economy is equal to output or national income.
Equilibrium GDP occurs when the quantity of output that buyers want to purchase is the quantity of output that suppliers want to produce, where GDP is equal to total expenditure.
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define business systems
Answers
Answer:
In business terminology, a business system refers to the value-added chain, which describes the value-added process, meaning the supply of goods and services. A business can span one or several business systems. Each business system, in itself, generates economic benefit.hope it helps.stay safe healthy and happy...Which is not a responsibility of a human resources manager? Choose the answer.
Question 3 options:
revising personnel policies and procedures
revising job descriptions
maintaining company employee contact information
developing the company's strategic plan
Answers
Answer:
maintaining company employee contact information
cucumbers inc is growing at 5% a year. in 2019 it invested $150m into its assets in the form of capex, and end of 2019 ppe balance was $550 m. it plans to grow its capex at the 5% rate going forward. what can you tell me about its ppe balance at the end of 2020?
Answers
Based on the information provided, we can estimate that Cucumbers Inc's end of 2020 PPE balance will be around $577.5 million.
This is calculated by taking the 2019 PPE balance of $550 million and adding the 5% growth rate of $27.5 million (which is calculated by taking 5% of the 2019 capex investment of $150 million). Therefore, the estimated PPE balance at the end of 2020 would be $550 million + $27.5 million = $577.5 million. However, it's important to note that this is only an estimate and actual results may vary based on various factors affecting the company's capex investment and growth rate.
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if the effective annual rate (ear) is known to be 16.08% on a debt that has quarterly payments, what is the annual percentage rate (apr)? group of answer choices a.14.50% b.10.02% c.15.19% d.4.02%
Answers
The annual percentage rate (APR) for a debt with quarterly payments and an effective annual rate (EAR) of 16.08% is approximately 15.19%.
To calculate the APR, we need to consider the compounding frequency. Since the debt has quarterly payments, the compounding frequency is also quarterly. The formula to convert the EAR to APR is:
APR = (1 + r/n)^n - 1
Where r is the EAR and n is the number of compounding periods per year. In this case, the EAR is 16.08% and the compounding is quarterly (4 quarters per year), so the calculation is as follows:
APR = (1 + 0.1608/4)^4 - 1
≈ 0.1519 or 15.19%
Therefore, the APR for the given debt with quarterly payments and an EAR of 16.08% is approximately 15.19%.
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my boss just took 70 dollars out of my paycheck and he said, "i cant believe you yelled at one of our costumers." and I have no idea what he is talking about. Is this something i should take to the owner of the store?