The amount of tax collected from every individual would be $60 and the socially optimal number of street lamps is 6
The entire profit to society from making or victimization associate degree items or services is thought of as social profit. All non-public advantages, furthermore as any external advantages of production/consumption, square measure enclosed within the social profit. workers worth quite simply their salary; social perks have big in importance for businesses and square measure an essential call. -considering employment provides for one's well-being (which interprets into performance) at the organisation
Externalities square measure circumstances during which the result of a manufacturing or intense product and services imposes prices or advantages on others that don't seem to be drawn within the costs charged for such products and services.
The socially best range of street lamps would be the amount, wherever the incremental cost of putting in a lamp is adequate the utility of the road lamp. The incremental cost is $250. There square measure twenty-five folks, thus we are able to see that for6 street lamps, the utility would be 250. thus 6 street lamps is the socially best range of street lamps.
If solely five folks plan to pay to create the road lamps. therefore the utility from the primary lamp for the five folks would be5×30 = 150,
which is a smaller amount than the value of putting in a lamp. So, 0 street lamps are put in.
If the govt. decides to buy putting in the road lamps, then in order to put in the best range of street lamps, which is 6, the overall value incurred is = 6×250 = $1500.
As there square measure twenty-five folks, the quantity of tax collected from every individual would be = =1500 / 25 = $60.
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Answer:
The socially optimal number of street lamps will be 6
The maximum number of street lamps that will be built by the remaining five people will be 0
Each person be taxed to pay for the optimal number of street lamps if everyone is taxed equally will be $60
What is the 50 30 20 budget rule? Is that a good plan for a monthly budget?
Answer:
The 50/30/20 rule is an easy budgeting method that can help you to manage your money effectively, simply and sustainably.
Explanation:
The basic rule of thumb is to divide your monthly after-tax income into three spending categories: 50% for needs, 30% for wants and 20% for savings or paying off debt.
<3 Have a nice day.
50 30 20 budget rule means, 30% of income is spent on wants, 50% on needs, and 20% is set aside for savings and investments. By doing this, you will have established buckets for everything and be operating inside each bucket's allowable limits.
This will help you develop discipline while ensuring that you don't sacrifice the standard of living or your long-term planning. Let's examine how to divide your spending into three categories—needs, wants, and savings—now that the guideline is apparent.
Some people may find the 50/30/20 Rule of budget to be a helpful tool for managing their finances, but your particular monthly costs will determine if the approach is suitable for you. 50% of your income set aside for needs may not be sufficient, depending on your salary and where you reside.
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Services are a form of attestation service, and attestation services are a form of?
Attestation services are a specific type of assurance service, which falls under the broader category of services provided to examine and report on the reliability and accuracy of financial statements or assertions made by an organization.
Attestation services are a form of assurance service. Assurance services encompass a broader range of activities that provide independent and professional opinions on various aspects of an organization's operations, processes, or financial information.
Attestation services specifically involve the examination and reporting on the reliability and accuracy of financial statements, documents, or assertions made by a company. These services typically involve a third-party auditor or accountant providing an opinion on the fairness and compliance of the information presented.
Therefore, while attestation services fall under the umbrella of assurance services, they are specifically focused on providing assurance regarding the reliability of financial information or assertions.
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White says, “Millions of boomers did not land here because of too many trips to Starbucks.” Explain this statement. What conditions led to boomers ending up in with financial issues?
Answer:
They dealt with decades of flat and falling wages, disappearing pensions, and high costs on housing, education, and health-care.
Explanation:
If both the nominal interest rate and the expected inflation rate increase, what will happen to the real interest rate?.
Answer:
If the nominal interest rate and expected inflation rate both increase at the same rate, which means the inflation premium is compensated, the real interest rate will remain unchanged.
Explanation:
what are the factor that you need to answer your and selective attention invertors?.elaborate your answer...
links are not allowed
briefly explain two factors which might influence demand for digital cameras in business
Answer:
Explanation:
1. The raise of influencer marketing applied on small businesses will demands digital cameras specially when the business owners managed their brands.
2. Every eCommerce must buy digital cameras because the costs for external photographers at long term it is not redituable.
consider the market for movie theater tickets shown in the accompanying graph. what is the equilibrium price and quantity?
The equilibrium price on the graph is $7 and equilibrium quantity is at 7.
What is the equilibrium price and quantity?In the context of supply and demand, the equilibrium price and quantity refer to the point at which the quantity demanded by consumers matches the quantity supplied by producers.
At an equilibrium price of $7, the quantity demanded by consumers is exactly 7 units which is also the quantity supplied by producers. This means that there is no excess demand or excess supply in the market resulting in a state of balance.
Any price above $7 would lead to a surplus of goods, while any price below $7 would result in a shortage. Therefore, $7 is the price at which the market reaches equilibrium with a corresponding quantity of 7 units.
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Startup capital pays for which of the following?
A. Operating expenses for the first year of a new business
B. Expanding production and advertising budgets
C. Funding for research and development of a business idea
D. Competitive wages for high-tech workers
Answer:
A. Operating expenses for the first year of a new business
Explanation:
Start-up capital is money that an individual requires to start a new business. The money is used to pay for initial set-up costs such as office space, equipment, licenses, inventory, marketing, salaries, and other expenses associated with starting a business. A business owner sources for the start-up capital. It may be from savings or borrowed from various sources.
Start-up capital facilitates operations until the business can generate revenue to sustain itself. Usually, a business relies on the start-up capital in the first year of operation.
.All of the following could be considered rebates if offered to an insured in the sale of insurance EXCEPT
a) An offer of employment.
b) Stocks, securities, or bonds.
c) An offer to share in commissions generated by the sale.
d) Dividends from a mutual insurer.
In the context of insurance, rebates refer to any type of financial incentives or returns offered to an insured during the sale of insurance.
These could be in various forms, such as stocks, securities, bonds, sharing in commissions, or dividends from a mutual insurer. However, an offer of employment would not typically be considered a rebate in the insurance industry.
While stocks, securities, and bonds could represent a financial return on investment, they are not directly related to the insurance policy itself. Similarly, sharing in commissions generated by the sale of insurance or receiving dividends from a mutual insurer provides a financial benefit to the insured, but they are not directly linked to the policy's coverage.
In contrast, an offer of employment is not a financial incentive directly tied to the purchase of an insurance policy. It may provide the insured with additional income, but it does not affect the terms or conditions of the insurance policy itself. Therefore, an offer of employment would not be considered a rebate in the context of insurance sales.
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Today, music in the western world focuses on the pentatonic and whole-tone scales.
True or False.
Answer:
False
Explanation:
what do you mean by teaching profession? write with example.
Answer:
Teaching is the specialized application of knowledge, skills and attributes designed to provide unique service to meet the educational needs of the individual and of society. The choice of learning activities whereby the goals of education are realized in the school is the responsibility of the teaching profession.
Answer:
Teaching is the specialized application of knowledge, skills and attributes designed to provide unique service to meet the educational needs of the individual and of society. The choice of learning activities whereby the goals of education are realized in the school is the responsibility of the teaching profession.
Explanation:
A company's issued share capital throughout an accounting period consists of 500,000 common shares of 20 cent each and 100,000 preference shares of $1. If net income after tax for the period is $160,000 and the preference dividend is $10,000 then the basic EPS for the period is: a. $0.30 b. $0.33 c. $0.31 d. $0.32
Answer:
a. $0.30
Explanation:
Basic Earning Per Share (BEPS) = Earnings Attributable to Holders of Common Stock ÷ Weighted Average Number of Common Stock.
Earnings Attributable to Holders of Common Stock calculation :
Net income after tax for the period $160,000
Less Preference Dividend ($10,000)
Earnings Attributable to Holders of Common Stock $150,000
Weighted Average Number of Common Stock calculation :
Outstanding common shares 500,000
Therefore,
Basic Earning Per Share (BEPS) = $150,000 ÷ 500,000
= $0.30
An issuer has filed a registration statement with the SEC, but the registration is not yet effective. The issuer subsequently files additional documentation with the SEC to meet its "full and fair disclosure" obligation. Any agent that is contacting a potential customer to buy the issue must provide the customer with the:
Answer: Preliminary prospectus; Prospectus supplement
Explanation:
From the question, we are informed that an issuer has filed a registration statement with the SEC, but the registration is not yet effective and that the issuer subsequently files additional documentation with the SEC to meet its "full and fair disclosure" obligation.
It should be noted that any agent that is contacting a potential customer to buy the issue must provide the customer with the preliminary prospectus and the prospectus supplement.
It is a type of financial intermediary that pools savings of individuals and makes them available to business and government users. Funds are obtained through the sale of shares.
The correct answer to this open question is the following.
Although there are no options provided we can answer the following.
It is a type of financial intermediary that pools the savings of individuals and makes them available to business and government users. Funds are obtained through the sale of shares.
Here we are talking about mutual funds.
When we are talking about a mutual fund in financial terms, this means that a pool of money has been collected from many people who like to invest in money market instruments, bonds, or stocks. The investment is managed by professionals who are experts in money managing and always look to gain profitable interests to their clients. Regularly, this money manager -the expert- prepare a particular investment portfolio to diversify the money of its clients, trying to generate the largest earnings.
b. Explain whether a cut in income tax is a fiscal policy measure or supply-side policy measure. (4)
c. Analyse, using a production possibility curve, the intended outcome of a supply-side policy measure. (6)
b. A cut in income tax is a fiscal policy measure.
c. The intended outcome of a supply-side policy measure is to enable higher economic growth.
How to illustrate the information?It should be noted that fiscal policy is the use of government spending and tax policies in order to influence economic conditions. It should be noted that in supply-side fiscal policy, the practitioners often focus on cutting taxes, reducing borrowing rates, and the deregulation industries to foster an increase in production.
In terms of a production possibility curve, there would shift be a shift in caoabulities. It should be noted that the production possibility curve is a country's available resources along with the maximum amounts of the two goods that are produced from those resources.
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Total revenue (TR) is:
A) The value of the firm's investment for the business to function
B) the value of a firm's profit per time period
C) a firm's sales revenue as a percentage of the industry's total revenue
D) the value of a firm's annual sales turnover over a specific period of time
Why is it hard to predict positive Moments of Reality (MORs)? A. Because they are negatively influenced by lifetime customer value. B. Because they differ by customer, and by time of year. C. Because most companies use moments of truth, which are in conflict with Moments of Reality. D.Because it is difficult to tell if a Moment of Reality is negative or positive.
Answer:
B. Because they differ by customer, and by time of year.
Explanation:
Moments of reality are hard to predict as it varies from customer to customer. All customers have different values and they rate a product or service according to their own values. Moments of reality can be positive or negative and they are influenced by customer experience.
when insurance companies take on the risk of loss or injury, it refers to the fact that no one can predict:
when insurance companies take on the risk of loss or injury, it refers to the fact that no one can predict: trouble.
What are the types of risk in insurance?Personal risk, property risk, and liability risk are the three forms of risk that insurance typically covers.Any danger that could jeopardize a person's health or safety, such being sick or getting hurt in an accident, is referred to as personal risk. a variety of categories into which hazards can be divided.Market risk, credit risk, operational risk, strategic risk, liquidity risk, and event risk are a few categories that are frequently utilized.If you are hurt or unwell while traveling, insurance will pay for your medical bills and transportation back home.Personal injury protection and coverage for harm or accidents you cause.coverage for lost or broken goodsTo learn more about Insurance refer,
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The Gomez Box plant produces wooden packing boxes. Current operations allow the company to make 750 boxes per day, in three 8-hour shifts (250 boxes per shift). The company has introduced advanced manufacturing system with AI (Artificial Intelligence), and conducted appropriate job training, so that production levels have risen to 300 boxes per shift.
Labor costs average $10 per hour for each of the 5 full-time workers on each shift.
Capital costs were previously $3,000 per day, and rose to $3,200 per day with the introduction of AI.
Energy costs were unchanged by the modifications, at $400 per day.
What is the multi-factor productivity after the advanced manufacturing system is introduced?
The multi-factor productivity after introducing the advanced manufacturing system is 1.5 boxes per dollar of input cost. This is obtained by dividing the total output of 300 boxes per shift by the total input cost.
To calculate multi-factor productivity, we need to consider the total output and total input. In this case, the total output is 300 boxes per shift. The total input includes labor costs, capital costs, and energy costs.
Labor costs per shift = $10/hour x 8 hours/shift x 5 workers = $400/shift
Capital costs per shift = $3,200/shift
Energy costs per shift = $400/shift
Total input cost per shift = labor costs + capital costs + energy costs
Total input cost per shift = $400 + $3,200 + $400 = $4,000/shift
Multi-factor productivity = Total output / Total input cost
Multi-factor productivity = 300 boxes per shift / $4,000 per shift
Multi-factor productivity = 0.075 boxes per dollar
Multiplying by 10, we get 1.5 boxes per dollar spent on labor, capital, and energy.
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If you were an elected official who wanted to increase tax revenues, which of the following would you prefer to use: individual income, sales, property, corporate income, user fees, VAT or flat? Provide reasons for your decision.
Answer:
sales tax
Explanation:
It does not choose discriminatory the more you spend the more you pay, from a moral perspective people would rather pay for what they get rather than what they make and then possibly invest or save. They would not want to pay taxes at least 3 times if it is an investment.
Question 2 of 10
Jeremy doesn't have a lot of money to spend on advertising, but he knows his
target audience are local outdoor enthusiasts. Which type of media format
should Jeremy use to advertise?
A. Local newspapers
B. Billboards on busy streets
C. National television commercials
D. Plane banners
Answer:
B. Billboards on busy streets
Explanation:
Billboard advertising involves making use of large-scale print advertisements to market a company's products and services. Billboards are strategically mounted in high traffic areas to pass their message to as many people as possible. Busy highways and streets, strategically located buildings are ideal places to put billboards.
Jeremy should consider using billboards for the following reasons.
His clients are local outdoor enthusiasts; he needs to find out their favorite destinations are put billboards along the way. This way, he will capture their attention.Billboards are less costly compared to other advertisement options, such as television or plane banners.Billboards will be effective in his case. Because his clients are local, and billboards remain in place for several days or weeks, his target clients will not fail to spot them.Answer:local news papers
Explanation:
app to check all three credit scores at the same time??
Answer:
ScoreSense Score To Go
Explanation:
When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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Insurance can help with ???
Answer:
B. In an emergency
Explanation:
Insurance is purchased to protect things that you own
A. Identify a profession b. In not more than 60 words, describe the "art" and "science" of such profession in (a).
Answer:
Comedy as a Profession is a great example.
Explanation:
The science of it is related to the psychology of what makes people laugh.
If studied, one would realize that there are certain things that are bound to make people laugh (all things being equal). An example is when a person makes fun of themself to an audience.
To explain this, scientists have stated that it is inherent in humans to laugh at the misfortune of others. However, this is just a theory and does not explain why we laugh at other kinds of comedy.
A plausible explanation (which is more recent in the parlance of psychology) is that people also laugh when certain expectations are defied in a very witty manner.
As a professional stand-up comedian, knowing all the rules and tricks is just one part of the coin. Being able to, either by practice or repeated efforts during practice, internalize these principles, practice them and effectively use them is the artistic part of the picture.
There those who are gifted naturally with a principle thought process that elicits laughter from others, would be termed hilarious. However, to make a living out of comedy, one would need to fully understand the principles and practice to deliver them as naturally as possible.
Another paradigm to the art of comedy is that, it has to be very witty. Wit many times may come with an element of suprise... a new angle that was previously "unthought" of.
Cheers!
when managers' compensation plans are tied in a meaningful manner to the value of the firm, agency problems: multiple choice can be reduced. will be created. are shifted to other stakeholders. are eliminated entirely from the firm.
A corporation has greater flexibility and durability than a partnership because management and ownership are separate. One distinguishing trait of companies is this division between ownership and management.
Quizlet finance definition of double taxation?Double taxation occurs when the corporation pays taxes on its profits and the shareholders pay taxes on the dividends the corporation distributes to its shareholders. Retained earnings and paid-in capital are the two components of stockholders' equity.
Which of the four types of compensation are they?Hourly, salary, commission, and bonus pay are the four main categories of direct compensation. The majority of people who inquire about compensation want to hear about direct compensation, especially base pay and variable pay. Hourly pay, salary, commission, and bonuses are the four primary forms of direct compensation.
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If tax rates decrease as income falls, the tax structure is
Regressive taxes are those with tax rates that lower as income rises.
What are tax rates?
The term "tax rates" refers to a progressive tax rate system, in which the amount of tax owed rises as taxable income for an individual or company does.
Regressive taxes are those in which the average tax burden reduces as income increases. Middle- and high-income taxpayers bear a disproportionately large fraction of the tax burden, compared to low-income taxpayers, who bear a negligible amount.
Hence, the significance of the tax rates is aforementioned.
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as a result of negative externalities that are imposed by producers, costs are transferred to society and therefore firms incur production costs and have supply curves that are the full cost associated with producing their goods.
Costs are transmitted to society as a result of producers' negative externalities, which causes enterprises to have reduced production costs and supply curves that are below the entire cost of providing their commodities.
What do commodities mean?A basic good that is interchangeable with other items of the same type in trade is referred to as a commodity. The most frequent use of commodities is as raw materials for the creation of other products or services. Consequently, a commodity typically refers to a raw material utilized to create finished items.
The final good that is sold to customers is referred to as a product, though. A particular commodity's quality may vary slightly amongst producers, but it is essentially constant. Commodities must also satisfy a basis grade, or a set of minimal requirements, in order to be traded on an exchange.
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In general, reducing the interest rate (i) of a credit card but keeping the present value (PV) and number of periods (n) the same will_______.
a.) decrease the monthly payment (P) needed to pay off the debt.
b.) increase the monthly payment (P) needed to pay off the debt.
c.) eliminate the monthly payment (P) needed to pay off the debt.
d.) have no effect on the monthly payment (P) needed to pay off the debt.
Answer:
A. decrease the monthly payment (P) needed to pay off the debt.i took the test⬇️
Answer:
a
Explanation:
What account form needs to balance before you can move forward with the Accounting Cycle?
Answer:
Clyde's Well Servicing has the following financial statements. The balance sheet items, profit margin, and dividend payout have maintained the same ...
Explanation: