(i) Which one of the following is the best example of a negative externality?
(a) A misleading ad causes a buyer to make a bad purchase
(b) Landscaping a private home improves a neighborhood
(c) Installing a home security system
(d) Smoking in public
(ii) Which one of the following is the best example of a positive externality?
(a) CO2 pollution
(b) Designated bike lanes separated from vehicle traffic
(c) 2-for-1 deals
(d) Loud parties in a house
(c) True or False: Externalities are naturally reflected in market prices without any policy intervention.
(a) True
(b) False
(d) The existence of a positive externality implies that the activity level is:
(a) Too little
(b) About right
(c) Too much
(d) Need more information
Answers
(a) Smoking in public is the best example of a negative externality.
(b) Designated bike lanes separated from vehicle traffic is the best example of a positive externality.
(c) False: Externalities are not naturally reflected in market prices without any policy intervention.
(d) The existence of a positive externality implies that the activity level is too little.
(a) Smoking in public is a negative externality because it imposes harmful effects on individuals in the surrounding environment who are exposed to second-hand smoke. The smoker's action negatively impacts the well-being and health of others, without compensation or consent.
(b) Designated bike lanes separated from vehicle traffic represent a positive externality. While individuals who use the bike lanes directly benefit from the safety and convenience they provide, there are additional benefits for the wider community. These benefits include reduced traffic congestion, improved air quality, and enhanced public health.
(c) False: Externalities are not naturally reflected in market prices. Market prices typically reflect the private costs and benefits of transactions, but they often fail to account for the external costs or benefits imposed on third parties. As a result, policy interventions such as taxes, subsidies, or regulations are often necessary to internalize externalities and ensure that market outcomes are efficient.
(d) The existence of a positive externality implies that the activity level is too little. Positive externalities generate benefits for individuals beyond what is considered in market transactions. If the market were left to its own devices, the level of the activity that creates the positive externality would be lower than socially optimal. Thus, there is a case for policy interventions to increase the activity level to align it with the overall social benefit.
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Related Questions
Islanders are getting tired of fish and are looking for alternatives to provide protein to their diet. Elizabeth and Matty decide to work together to build traps to catch the wild pig that are on the island.
Create a simple supply and demand curve that would show the shift in demand
Answers
As there was a decrease in demand for fish among the islanders, Elizabeth and Matty decide to work together to build traps to catch the wild pig that are on the island. Hence the demand curve of fish declined and the supply curve of pigs will rise.
How do supply and demand curves work?The demand curve illustrates how much of a certain good or service customers will be able and willing to purchase at each price over a specific period of time. The supply curve shows how much inventory retailers plan to put up for sale at various prices at the same time. Supply and demand serve as a microeconomic model for determining pricing in a market.
Supply and demand serve as a microeconomic model for determining pricing in a market. The demand curve for products and services can change depending on a number of factors, including changes in population, income, the cost of complementary or substitutive goods, and expectations for future conditions and prices. As a result, a different amount may be demanded at a particular price.
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Suppose the United States removes sugar quotas and the market price of sugar drops. If the demand curve for candy bars is downward-sloping, in the candy bar market we would expect the:________
a. Consumer surplus to decrease.
b. Deadweight loss to increase.
c. Consumer surplus to increase.
d. Consumer surplus to be unchanged
Answers
Answer:
C. Consumer surplus to increase
Explanation:
Sugar is a cost of production. With the cost being lower, costs of production for candy bars are lower. Supply shifts right, extra CS.
reasons why marketing is important to a business
Answers
Answer:
5 reasons why marketing is so important
Marketing informs. To attract consumers in a crowded marketplace, your target audience needs to know why they should choose your business over someone else's. ...
Marketing engages. ...
Marketing builds reputations. ...
Marketing sells. ...
Marketing grows businesses.
Explanation:
From Google
It helps you sell products or services.
Describe public corporation and it's characteristics
Answers
A public corporation is a type of business organization that is owned by shareholders and publicly traded on stock exchanges. This means that anyone can purchase shares of the company and become a part-owner.
What are the Characteristics of a Public Corporation?Some of the key characteristics of a public corporation include:
Limited liability: Shareholders are typically only responsible for the amount of money they invested in the company and are not personally liable for its debts or obligations.Ownership: The company is owned by its shareholders, who have a right to vote on certain corporate matters such as the election of directors and approval of major transactions.Stock exchange listing: Public corporations are listed on stock exchanges, which allows for easy buying and selling of shares and provides a market for determining the value of the company's stock.Regulation: Public corporations are subject to extensive regulation by government agencies, including securities and exchange commissions, which protect investors and promote transparency.Management structure: Public corporations are typically run by a board of directors and senior management, who are responsible for making decisions that benefit both the company and its shareholders.Public disclosure: Public corporations are required to make regular financial disclosures, including financial statements and other important information, to ensure that investors have access to accurate and timely information about the company's performance.Learn more about public corporation here: https://brainly.com/question/28282776
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negative impact of the coronavirus as one of the socio-economic issue on businesses
Answers
Answer:
Explanation:
Tye negative impact of the coronavirus is that:
1. Unemployment: A negative effect of the virus is the increase in unemployment. Since, people were informed to stay at home, this hindered people from performing their normal activities. Since there was less money in circulation, this led to loss of jobs.
2. Pressure on Health and medical systems: Due to the spread of the virus, there were pressures on hospitals, clinics etc.
3. Negative effect on economic growth. There was a decrease in the demand of goods and services which in turn, had a negative effect on economic growth.
4. Deaths
Suppose that, from 1985 to 1986, unemployment fell from 7.2 to 7.0 percent and inflation fell from 3.8 to 1.1 percent. an explanation of these changes might be that the
Answers
An explanation for the situation when unemployment fell from 7.2 to 7.0 percent and inflation fell from 3.8 to 1.1 percent is that aggregate supply curve shifted to the right
What is an aggregate supply?An aggregate supply refers to the overall supply of goods and services that is produced within an economy at a price in a period of time.
In conclusion, when productivity increases or the price of key inputs falls, the the aggregate supply curve shifts to the right and makes lower inflation, higher output, lower unemployment possible.
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Why the decision is necessary, write in points
Answers
En este tipo de enfoque para el desarrollo de nuevos productos, todos los departamentos implicados en el desarrollo de nuevos productos siguen un proceso secuencial
Answers
Answer:
El enunciado describe el enfoque secuencial de desarrollo de productos.
Explanation:
En el enfoque secuencial, el proceso de producción de un producto pasa por diferentes etapas, y a su vez, dichas etapas son abordadas por diferentes departamentos dentro de la organización.
La característica principal radical entonces, en que cada departamento de producción se encarga de una etapa específica del proceso de forma secuencial, es decir, el departamento A hace su parte del proceso productivo, y una vez finaliza, inmediatamente sigue el departamento B con su proceso productivo, y luego el departamento C, y así de esa forma.
En otras palabras, en el enfoque secuencial no hay desarrollo simultáneo del proceso productivo.
H&M limited has a project which is expected to have a payout of $65 million in 15 years. The discount rate H&M is using is r = 7%. However, this may have a relative error of up to 13%. What is the relative error in the present value of the payment? a. $3.99 million b. $3.01 million c. $4.87 million d. $2.15 million e. None of the above
Answers
The relative error in the present value of the payment is $4.87 million. Hence, option (C) is correct.
Explanation:
To calculate the present value of the payment, we can use the formula for present value:
PV = (Payout)/(1+r)nPV = 65 million/(1+7%)^15PV = 21.03 million
Now, we will calculate the relative error.
Relative error = Maximum error / Calculated valueMaximum error = Calculated value x Relative error in percentageMaximum error = 21.03 million x 13%
Maximum error = 2.734 millionRelative error = Maximum error / Calculated value
Relative error = 2.734 million / 21.03 million
Relative error = 0.13
The relative error in the present value of the payment is 13%.
After calculating, we find that the relative error in the present value of the payment is approximately $3.87 million. None of the given options match this value, so it seems there was a typographical error in the options. The closest value is $4.87 million.
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Which best describes what a central bank uses monetary policy to do?
a) ensure that the government has a balanced budget
b) influence financial institutions globally
c) ensure that the government is sufficiently funded
d) steer the economy away from recession and toward
Answers
The correct answer is d, i.e. the central bank uses it's monetary policy to steer the economy away from recession and toward growth.
The central bank basically modifies the quantity of money, usually through open market operations, to conduct monetary policy. The basic reason for performing such policies is to reduce inflation, prevent unemployment, and keep long-term interest rates low. In the monetary policy process, the open market activities include purchasing or selling government assets, adjusting the discount rate given to member banks, and revising the reserve requirement, which specifies how much money banks must keep on hand that isn't already spoken for loans.
Basically, the central bank is in charge of a country's monetary policy. It controls the currency of country, money supply and interest rates. The central bank typically supervises the commercial banks of a country.
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Russell United has 28,500 shares of stock outstanding and has two open seats on its board of directors. Each share of common stock is granted one vote. How many additional votes are required to guarantee a seat on the board if the company were to use straight voting rather than cumulative voting
Answers
Answer:
4,750
Explanation:
Calculation for How many additional votes are required to guarantee a seat on the board
First step is to Calculate for STRAIGHT VOTING
Using this formula
Additional Votes= ((Shares of stock outstanding/2)+1)
Let plug in the formula
Additional Votes=((28,500/2)+1)
Additional Votes=14,251
Second step is to calculate for CUMULATIVE VOTING
Using this formula
Additional Votes= ((Shares of stock outstanding/(Number of seats +1))+1)
Let plug in the formula
Additional Votes=((28,500/(2 +1))+1)
Additional Votes=9,501
Last step is to calculate How many additional votes are required
Using this formula
Additional votes =STRAIGHT VOTING additional vote-CUMULATIVE VOTING additional Votes
Let plug in the formula
Additional votes = 14,251-9,501
Additional votes = 4,750
Therefore How many additional votes are required to guarantee a seat on the board if the company were to use straight voting rather than cumulative voting is 4,750
Which managerial function involves designing jobs, grouping jobs into units, and establishing patterns of authority between jobs and units
Answers
Answer:
Organizing
Explanation:
After planning, organizing is the function where a manager assigns all the resources and work to the employees on the basis of their specialties. For instance, an employee who is great at marketing is handed the sales promotion. This is basically choosing the right person for a particular work to achieve those organizational goals. Slowly, it turns into an organizational structure as the assigning of work and resources progresses.
As a veterinarian technician, Alma offers to perform blood tests to hone her diagnostic skills, volunteers to organize the free spay/neuter clinic twice a year, and trains new employees. Alma is developing her career readiness by
Answers
In this case, Alma is developing her career readiness by learning on the job.
What does job volunteers offers?This refers to the act of offering to doing a job or some task without being paid for social benefit.
Most time, the main reason for offering as a job volunteers is to learn on the job.
Therefore, Alma is developing her career readiness by learning on the job.
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Which option best describes the main behavior that economics studies?
O A. People creating different governments around the world
O B. People participating in a traditional musical performance
O C. People experiencing the physical symptoms of a disease
O D. People making choices based on their limited resources
They
Answers
Answer:
D
Explanation:
Economist are known as people who manage resources base on the quantity of resources available
Answer:
D
Explanation:
Economics is the study of unlimited wants and limited resources.
Kadeem bought snacks for his team's practice. He bought a bag of oranges for $2.07 and a 24-pack of juice bottles. The total cost before tax was $33.03. Write and solve an equation which can be used to determine xx, how much each bottle of juice cost
Answers
Each bottle of juice cost are 1.29 per bottle.
What is tax?
The term tax refers to the government charge the extra money for goods and services. The tax is also called as financial charge. The public pay tax is compulsory. There are two categories of tax such as direct tax and indirect tax.
The equation are the given are:
oranges for $2.07
total cost before tax was $33.03
24-pack of juice bottle
X = (tax-oranges) ÷ juice bottle
X = ($33.03—$2.07) ÷ 24
X = (30.96) ÷ 24
X = 1.29 per bottle.
As the result, the tax was the included the per bottle price is the $1.29.
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Answer:
Here's the equation and everything
Explanation:
cookiesamichael12345678
Answers
Answer: ?
Explanation:
Girl what does that mean, either you can count right or thats a username
Ron offers to pay Sara to pick up and deliver certain business documents if she is able to do it within thirty minutes of his phone call. Sara can accept the offer only by completing the task within the specified deadline. This is an example of
Answers
Answer:
This is an example of a unilateral contract.
A family's financial plan is likely to be less complex than an
individual's.
True
False
Answers
Answer:
False
Explanation:
A family's financial plan inolves more than a single individual.
Preparing for a new job by completing non-work related tasks (like scheduling appointments before your start date and practicing your transportation to and from work) is important because
Answers
Preparing for a new job by completing non-work related tasks can help reduce stress and anxiety, allowing you to focus on your job responsibilities once you start.
How does scheduling help?Scheduling appointments before your start date can ensure that you don't have to take time off work in the first few weeks to attend to personal matters.
Practicing your transportation to and from work can help you determine the best route and transportation mode, reducing the likelihood of being late or lost on your first day.
These tasks can also help you feel more organized and in control, which can boost your confidence and overall performance in your new role.
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Management selects risk responses and develops a set of actions to align risks with the entity's risk tolerances and risk appetite. The four options to respond to
Answers
Once the risks have been assessed and the risk responses have been developed, management should monitor the effectiveness of the risk responses and make adjustments as necessary to ensure that risks are managed in a way that aligns with the entity's risk tolerances and risk appetite.
Risk avoidance: This involves avoiding the risk entirely by eliminating the activity that gives rise to the risk or by not undertaking the activity. For example, a company may decide not to enter a new market that poses significant risks.
Risk reduction: This involves taking actions to reduce the likelihood or impact of the risk. For example, a company may implement internal controls to reduce the risk of fraud or theft.
Risk transfer: This involves transferring the risk to another party, such as an insurance company or a subcontractor. For example, a construction company may transfer the risk of injury to workers by requiring subcontractors to carry their own insurance.
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The formula for applying overhead to a specific job is ______.
Answers
The formula for applying overhead to a specific job is predetermined overhead rate × amount of allocation base incurred by job. Thus, option (d) is correct.
The estimated manufacturing overhead is divided by the estimated allocation base to arrive at the predetermined overhead rate. The work's overhead can be calculated once the specified overhead rate is established by multiplying it by the amount of allocation base incurred by the job.
Another formula for applied overhead involves dividing the number of hours worked or pieces of equipment used by the overhead allocation rate.
Therefore, option (d) is correct.
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Your question is incomplete, but most probably the full question was.
The formula for applying overhead to a specific job is ______.
Estimated manufacturing overhead ÷ amount of allocation base incurred by job
Estimated manufacturing overhead ÷ estimated allocation base
Estimated manufacturing overhead × amount of allocation base incurred by job
Predetermined overhead rate × amount of allocation base incurred by job.
An account in which a customer deposits money for a set period of time in
return for a fixed rate is called a:
O A. money market account.
B. checking account.
C. certificate of deposit.
O D. debit card.
Answers
An account in which a customer deposits money for a set period of time in return for a fixed rate is called a: C. certificate of deposit.
What is a certificate of deposit (CD)?A certificate of deposit (CD) can be defined as a secured form of time-bound deposit and a special low-risk savings account that is typically issued by a financial institution (bank) to its customers, wherein an amount of money (lump-sum) are left with the bank for a specific period of time, in exchange for a fixed interest rate premium.
This ultimately implies that, a certificate of deposit (CD) pays a higher interest rate to its holder (customer) than other regular savings account and money market account because banks usually invest this money (lump-sum) in a business, so as to make profit.
Additionally, a bank's certificate of deposit (CD) is protected and insured by the Federal Deposit Insurance Corporation (FDIC) for up to $250,000, which typically makes it somewhat safer than other investment options.
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You work at a non-profit financial organization that supports community development initiatives across the country. Your company provides financial assistance in multiple areas such as small businesses, financial health, racial equality, etc.
What would be your approach when sending newsletters and reports to your investors if you were to work at the organization?
Answers
Remember, the overall goal is to establish a strong and trusting relationship with investors by providing them with meaningful updates, showcasing the impact of their investments, and involving them in the organization's mission-driven work.
When sending newsletters and reports to investors at a non-profit financial organization that supports community development initiatives, the approach should focus on transparency, impact, and engagement. Here are some key considerations:
Clear and concise communication: Present information in a clear and easy-to-understand manner. Use plain language and avoid excessive jargon to ensure that investors can easily comprehend the content.
Highlight mission and impact: Emphasize the organization's mission and how it aligns with the investors' values. Share success stories and real-world examples to demonstrate the positive impact of the organization's initiatives on communities and individuals.
Provide financial updates: Include financial statements and reports that provide a comprehensive overview of the organization's financial performance. Transparency in financial matters builds trust and confidence among investors.
Showcase community initiatives: Share updates on the various community development initiatives supported by the organization. Highlight the specific projects, partnerships, and outcomes achieved, showcasing how investor contributions are making a difference.
Engage and involve investors: Encourage investor involvement and participation by providing opportunities for them to contribute their ideas, insights, or even volunteer their time. This could be through surveys, feedback forms, or invitations to events or webinars.
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What were the two main opposing views of Adam Smith and Karl Marx?
Answers
Answer:
Adam Smith, author of "The Wealth of Nations", was a staunch believer in the free market and private property. Karl Marx, on the other hand, believed that the free market was destroying the world and leading to the "exploitation" of the middle class and the poor.
ad hominem
red herring
false dilemma
false analogy
Excerpt
Logical
Fallacy
Our current mayor has been in politics for over 25 years. It is time
that we have a younger mayor, so we can have fresh ideas to make our city better.
is true that the city council id approve a tax for a new road
construction project. However, our city needs to attract more businesses to stabilize
our economy
bring to work instead of using public transportation is the net
eating everything on your plate it wastes veueble resources
Answers
A corporation distributes a 10 percent common stock dividend on 30,000 shares issued when the market value of it's common stock is $24 per share and its par value is $2 per share. On the distribution date, a credit _ would be journalized
Answers
Answer:6,000
Explanation:
I just took the test
Which form do independent contractors receive from clients to verify income
received during the year?
a. w-2
b. w-4
c. 1040
d. 1099
Answers
Answer:
1099
Explanation:
got it right
Answer:
D.1099
Explanation:
If you borrow $1,600 and agree to repay the loan in five equal annual payments at an interest rate of 12%, what will your payment be?
Answers
Your payment amount for the loan would be approximately $335.34 per year for five years.
To calculate the payment amount for a loan with equal annual payments, we can use the formula for the present value of an ordinary annuity. The formula is:
Payment = PV / Annuity factor
Where PV is the present value (loan amount) and the annuity factor is calculated using the interest rate and number of periods.
In this case, the loan amount (PV) is $1,600, and the interest rate is 12%. The loan is to be repaid in five equal annual payments.
To find the annuity factor, we can use the following formula:
Annuity factor = (1 - (1 + r)^(-n)) / r
Where r is the interest rate per period (12% or 0.12) and n is the number of periods (5).
Let's plug in the values and calculate the annuity factor:
r = 0.12
n = 5
Annuity factor = (1 - (1 + 0.12)^(-5)) / 0.12
≈ (1 - 1.762341) / 0.12
≈ 0.572748 / 0.12
≈ 4.7729
Now, we can calculate the payment amount:
Payment = PV / Annuity factor
= $1,600 / 4.7729
≈ $335.34
Therefore, your payment amount for the loan would be approximately $335.34 per year for five years.
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The major difference between the information-based model and the content-based model is the
Answers
Answer:
The major difference between the information-based model and the content-based model is the way they make recommendations.
In the information-based model, recommendations are made based on information about the user's preferences, such as their past behavior or explicit feedback. This model relies on data about the user and their interactions with the system to make recommendations.
On the other hand, in the content-based model, recommendations are made based on the characteristics of the items being recommended. This model relies on the attributes or features of the items, such as genre or author, to make recommendations. The system analyzes the user's past behavior and tries to identify patterns in the types of items they have interacted with positively, and then recommends other items with similar attributes or features.
Explanation:
Overall, the information-based model is more user-focused, while the content-based model is more item-focused. Both models have their strengths and weaknesses, and the choice of which model to use may depend on the specific context and goals of the recommendation system.
Plz help me...Urgently Needed!!!
Answers
Answer:
Is the answer July 4th?
Sorry I'm a bit confused.