The tax leads to an improvement in the market outcome compared to the situation without any intervention, but it does not achieve the socially optimal outcome.
When cigarette smokers create a negative externality, the government can impose a tax on cigarettes equal to the per-unit externality.
The relationship between the after-tax equilibrium quantity and the socially optimal quantity of cigarettes is that the socially optimal quantity will always be less than the after-tax equilibrium quantity. This is because the tax leads to an increase in the price of cigarettes, which in turn leads to a decrease in quantity demanded. The socially optimal quantity is the quantity at which marginal social cost (MSC) equals marginal social benefit (MSB).
The MSC includes the cost to society of the negative externality caused by smoking cigarettes, whereas the MSB includes the private benefit received by the smoker and any positive externalities created. When the tax is imposed, the price of cigarettes increases by the amount of the tax, which causes the quantity demanded to decrease
As a result, the after-tax equilibrium quantity is less than the quantity that would be consumed in the absence of the tax. However, the socially optimal quantity is even less than the after-tax equilibrium quantity because the negative externality is not fully accounted for in the tax.
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How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
SUBJECT: STATISTICS AND PROBABILITY Directions: Illustrate the rejection region given the critical value and identify if the t-values lie in the non-rejection region or rejection region. !!! Graph the critical and computed value. !!! Directions: Illustrate the rejection region given the critical value and identify if the t-values lie in the non-rejection region or rejection region. Graph the critical and computed value. 1.Critical t-value of2.731 Computed t-value of -1.252 The computed t-value is at the region? 2.Critical t-value of-1.692 Computed t-value of -1.847 The computed t-value is at the region?
(1) -1.252 is less than the critical value of 2.731. (2) - 1.847 is lower than the basic worth of - 1.692.
1. Assuming the basic worth is 2.731 and the figured worth is - 1.252, then, at that point, the t-values fall outside the dismissal area. That is, t should be less than or the same as 2.731. To determine whether the computed value is in the rejection or non-rejection region, plot the values on a graph. The critical value of 2.731 lies 2.731 standard deviations to the right of the mean, as depicted in the graph below: t-dispersion dismissal and non-dismissal locales chart. Due to the fact that -1.252 is less than the critical value of 2.731.
2, the computed t-value is not rejected. The dismissal locale happens when t-values are higher than the basic worth, which is - 1.692 in the given case and - 1.847 in the processed case. That is, t not exactly or equivalent to 1.692. To check whether the figured worth lies in excusal or non-excusal locale, plot the characteristics on a graph. The critical value of -1.692 lies 1.692 standard deviations to the left of the mean, as depicted in the graph below: Diagram of excusal and non-excusal areas for t-scattering. The processed t-esteem is inside the dismissal range in light of the fact that - 1.847 is lower than the basic worth of - 1.692.
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Calculate the exergy in the cylinder if its parameters are: pressure p = 130 bar; temperature t = 200 C, but the ambient parameters are: pressure P0 = 1 bar; temperature T0 = 15 C. The volume of the cylinder is 20 liters. List air as the ideal gas.
The energy in the cylinder , given its pressure of 130 bar and temperature of 200°C, in comparison to the ambient conditions of 1 bar pressure and 15°C temperature, amounts to approximately 89.8 kJ/kg.
Energy is a measure of the maximum amount of work that can be extracted from a system when it reaches equilibrium with its environment. The energy of a system is often used to assess its energy efficiency.
Calculation of energy in the cylinder:
Given parameters of the cylinder are, Pressure p = 130 bar Temperature t = 200C
The volume of the cylinder is 20 liters.The ambient parameters are, Pressure P0 = 1 bar Temperature T0 = 15C.The cylinder is filled with air. Air is considered as the ideal gas.The specific heat at constant pressure of air is Cp = 1005 J/kg KThe specific heat at constant volume of air is Cv = 717 J/kg KThe ideal gas constant of air is R = 287 J/kg KThe molar mass of air is M = 28.97 g/mol.First, calculate the specific volume of the air inside the cylinder using the ideal gas law.
V= nRT/p
Where,
V = volume of air,
R = Ideal gas constant,
P = pressure,
T = Temperature,
n = number of moles of air V = (nRT)/p = ((20 L)(130000 Pa)) / ((8.314 J/mol K)(473 K)) = 1.271 mol
So, the specific volume of the air is V/n = (20 L) / 1.271 mol = 15.73 L/mol
Then, calculate the specific internal energy of the air using the specific heat at constant volume.
u = Cv(T - T0)
Where, u = specific internal energy, Cv = specific heat at constant volume, T = temperature of the air inside the cylinder, T0 = ambient temperature. u = (717 J/kg K)(473 K - 288 K) = 132.7 kJ/kg
So, the specific internal energy of the air is 132.7 kJ/kg.
Finally, calculate the energy of the air in the cylinder using the formula:X = u - u0 + (P - P0)v - T0(s - s0)
Where,
X = energy, u = specific internal energy of the air in the cylinder, u0 = specific internal energy of the air at ambient conditions, v = specific volume of the air in the cylinder, P = pressure of the air in the cylinder, P0 = ambient pressure, T0 = ambient temperature, s = specific entropy of the air in the cylinder, s0 = specific entropy of the air at ambient conditions.X = 132.7 kJ/kg - 42.9 kJ/kg + (130000 Pa - 100000 Pa)(15.73 L/mol) - (288 K)(1.005 kJ/kg K ln(15.73 L/mol) - 1.005 kJ/kg K ln(22.41 L/mol)) = 89.8 kJ/kg
Therefore, the energy of the air in the cylinder is 89.8 kJ/kg.
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Which expectation of an employer involves seeing employees dress appropriately and arrive at work on time?
Employees are expected to be punctual and dress appropriately, thus maintaining_____.
Answer:
office decorum
Explanation:
The term workplace decorum, in plain terms, refers to the basic collection of such rules that aim to make the workplace atmosphere a nicer environment to settle in. The term "office decorum" may make it look dense as well as packed with several implications, but in actuality it is a collection of basic instructions that you'll have to examine in an organization to work around each other.
Answer:
Professional Decorum
Explanation:
edmentum
First, using the idea of externalities (positive and/or
negative) discuss the implications of an individual who has
COVID-19 going on a flight to travel. Who is the buyer and who is
the seller fro the
When an individual with COVID-19 goes on a flight to travel, it can have significant implications in terms of externalities.
Externalities are the unintended consequences that affect parties not directly involved in a transaction or activity. In this scenario, there are both negative externalities associated with the individual's COVID-19 status. Negative Externalities: The individual with COVID-19 going on a flight poses a risk of spreading the virus to other passengers and potentially the destination community. This creates negative externalities such as increased transmission and potential harm to public health.
The other passengers on the flight and the residents of the destination location are affected by these negative externalities. The Buyer: The buyer in this situation is the individual with COVID-19 who purchases the flight ticket for travel. The Seller: The seller refers to the airline company that sells the flight ticket to the individual. The airline is responsible for facilitating the travel and providing transportation services.
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Why is education considered a "public good" in the United States?
Answer:
I don't know but public is A Kind of Lesson that you can learn more
Explanation:
(づ￣ ³￣)づhappy to help
What are people with out a college education most likely to do
Product enhancements
A) do not really change the basic product.
B) include guarantees and warranties.
C) include features and options
D) reduce the number of target markets one product can satisfy.
Answer:
C or A
Explanation:
I could answer better with more context
if the sec does not agree with a standard issued by the private sector, it can
The Securities and Exchange Commission (SEC) is the agency charged with regulating securities transactions in the United States. While the SEC must comply with all laws and regulations that exist, it also has the authority to create its own regulations and standards.
This means that the SEC can choose to disapprove of a private sector standard if it believes that the standard does not meet the SEC's regulatory requirements. In such cases, the SEC may issue its own standard or regulation or require that the private sector standard be amended to meet the SEC's requirements. This allows the SEC to ensure that all securities transactions are conducted in an ethical and responsible manner while protecting investors from fraud and other financial risks.
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An article in a newspaper explains that a new business is about to open.
Answer:
So what's the question......??????
ACTIVITY 1
Multiple Choice: Choose the letter of the correct answer
1 It is all about discovering and satisfying your customers' needs and want while earning
a profit
A Marketing
B. Product C Promotion D Needs
2. These are the bundles of attributes and benefits designed to be offered to buyers to
satisfy their needs, wants, and demands
A Promotion B Products C Customer D Market
3 Making sure that they are specific and quantifiable so you can measure your progress
toward achieving them, belong to what step of marketing?
A Marketing objective B Identifying demographics C Defining place
4. What steps of marketing plan where you're referring to the entire set of activities that
inform people about your product/service?
A Marketing objective
B Choose your promotion strategy
C Develop a pricing strategy
5 Defined as the difference between what the customer gains from the product and what
the customers losses from the costs acquiring such a product
A Market
B Customer Value C Promotion
Answer:
A. Marketing.B. Products.A. Marketing objectiveB. Choose your promotion strategyB. Customer Value.Explanation:
Marketing is all about knowing what the customer wants and satisfying it by offering the relevant products.
Products are simply bundles of benefits that were designed to be able to satisfy the needs and wants of customers.
The marketing objectives specify what the goals need to be achieved when marketing so comparing reality against them helps show progress.
The promotion strategy shows the activities that will be undertaken during the marketing of your goods and services.
Finally, the customer value from a product is simply what benefit the customer received less the cost of receiving that benefit.
For the fall semester, you had to pay a nonrefundable fee of $600 for your meal plan, which gives you up to 150 meals. If you eat 100 meals, your marginal cost of the 100th meal is: Group of answer choices
Answer:
$6
Explanation:
Marginal cost is additional cost for producing one extra unit of product
The given parameters are;
The amount paid for the semester meal plan = Nonrefundable $600
The number of meals that can be eaten with the meal plan = 150
The number of meals ate = 100
Therefore, at $600, the marginal cost of the 100th meal is the cost of producing 100 meals at $600 given as follows;
Marginal cost of a meal = Total amount paid for the semester meal plan/(Total number of meals taken)
The marginal cost of the 100th meal = $600/100 = $6.00
The marginal cost of the 100th meal = $6.00
The marginal cost of the 100th meal is $6.
Calculation of the marginal cost:Marginal cost refers to the additional cost for generating one extra unit of product
Since
The amount paid for the semester meal plan = Nonrefundable = $600
The number of meals that can be eaten with the meal plan = 150
The number of meals ate = 100
Now
Marginal cost of a meal = Total amount paid for the semester meal plan/(Total number of meals taken)
= $600/100
= $6.00
Hence, The marginal cost of the 100th meal = $6.00
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*
Every year,
large public corporations commit fraud.
3 out of 7
5 out of 7
O
1 out of 7
4 out of 7
if you had $1100000000000 what would with it and why
Answer: buy my school than demolish it
Explanation:
Answer:
i'll buy
Why:
Why? it's because i had $1100000000000
What was the primary reason for establishing catholic missions in spanish texas?.
The main goals of the catholic mission were to gain dominance over the area and propagate Christianity.
The Catholic missions were established with the intention of progressively integrating native Indians into Spanish culture. The frequently nomadic tribes are also reduced to or gathered into a settlement, converted to Christianity, and taught agricultural and craft skills. As a result, it was up to the priests to instruct the Indians on how the Spanish desired them to conduct themselves as Christians.
In order to prepare the Indians for absorption into Spanish civilization, the priests guided them through their daily routines. The mission was to be secularized once these objectives were achieved. The local bishop was to take control of the church and appoint "secular" clergy to run it. The land was to be turned over to the Christianized Indians.
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Net present value: Select one: is the best method of analyzing mutually exclusive projects. is less useful than the internal rate of return when comparing different-sized projects. s the easiest method of evaluation for nonfinancial managers. is the easiest method of evaluation for nonfinancial managers. cannot be applied when comparing mutually exclusive projects. is very similar in its methodology to the average accounting return.
Answer:
is the best method of analyzing mutually exclusive projects
Explanation:
Net present value is the present value of after-tax cash flows from an investment less the amount invested.
Only projects with a positive NPV should be accepted. A project with a negative NPV should not be chosen because it isn't profitable.
When choosing between positive NPV projects, choose the project with the highest NPV first because it is the most profitable.
Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested
Accounting rate of return = Average net income / Average book value
Average book value = (cost of equipment - salvage value) / 2
NPV is more preferred to IRR for projects with multiple negative cash flows during the project live .
3. ______ are defined as goods or services that are required for health and safety.
Occupational Health and Safety are defined as goods or services that are required for health and safety. Information standards are guidelines governing the information that must be provided to consumers when they purchase specific goods.
What is the safety of goods?A safe product is one that delivers either no risk or a minimum tolerable level of risk, taking into account the product's typical or reasonably foreseeable use and the need to maintain a high level of consumer protection.
Occupational health and safety is a multidisciplinary discipline that deals with all elements of workplace health and safety, with a heavy emphasis on preventing workplace dangers.
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what tool is used to easily clean metal scales, old paints and rust
what tool is used to easily clean metal scales, old paints and rust
Answer:
CHIPPING HAMMERExplanation:
hope it helps:)
How does the price of oil impact the price of food?
Answer:
The price of Oil effect the price of food because it all works together in the economy/system
Explanation:
Assume a firm is considering a new typical project that requires an initial investment with sales, variable costs, and fixed costs over its life. Will the project usually reach the accounting, cash, or financial break-even point first? Which will it reach next? Last? Will this order always apply?
In most cases, a typical project will reach the accounting break-even point first, followed by the cash break-even point, and finally the financial break-even point.
The accounting break-even point is the point at which the total revenue of the project is equal to its total cost, including fixed costs. This break-even point is calculated using accounting methods and does not take into account the timing of cash flows.
The cash break-even point is the point at which the project generates enough cash to cover its total cash expenses, including fixed costs. This break-even point is calculated by considering the timing of cash flows.
The financial break-even point is the point at which the project generates enough cash to cover its total cash expenses, including fixed costs, and also provides a return on the initial investment. This break-even point considers the time value of money and takes into account the cost of capital.
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Christine recently earned a promotion at work, raising her income by 40%. As a result, she now attends twice as many concerts as before. What is Christine's income elasticity of demand for concerts?
a)-0.40
b) 0.40
c) 1.00
d) 2.50
Christine's income elasticity of demand for concerts is 2.5. This means that her attendance at concerts is highly responsive to changes in income, indicating a relatively elastic demand for concerts. Thus, option D is the correct option.
To determine Christine's income elasticity of demand for concerts, we need information on the percentage change in the quantity demanded of concerts in response to the 40% increase in her income.
Let's assume that before the promotion, Christine attended "X" number of concerts, and after the promotion, she now attends twice as many, which is "2X" concerts.
The percentage change in quantity demanded can be calculated as follows:
Percentage Change in Quantity Demanded = ((New Quantity - Old Quantity) / Old Quantity) * 100
In this case, the percentage change in quantity demanded would be:
((2X - X) / X) * 100 = 100%
Next, we need to calculate the percentage change in income, which is given as 40%.
Income Elasticity of Demand = (Percentage Change in Quantity Demanded / Percentage Change in Income)
Plugging in the values:
Income Elasticity of Demand = (100% / 40%) = 2.5
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How did the Virginia Company make money for England? (3 points) a Colonized the west coast of North America b Colonized the east coast of North America and sent resources back to England c Visited the east coast of North American and sold goods to settlers d Visited the west coast of North America.
The Virginia Company made money for England by colonizing the east coast of North America and sending resources back to England. These resources included tobacco, timber, fur, and other natural resources that were in high demand in England.
The Virginia Company was established in 1606 by King James I of England with the aim of establishing settlements in North America. The company had two divisions, the London Company, and the Plymouth Company. The London Company was tasked with colonizing the coast of North America from present-day Maine to South Carolina.
The Virginia Company made money for England by colonizing the east coast of North America and sending resources back to England. These resources included tobacco, timber, fur, and other natural resources that were in high demand in England.
In 1612, John Rolfe successfully cultivated tobacco in Virginia, which became the most lucrative commodity for the Virginia Company. Tobacco became so popular in England that it was called “brown gold”. The Virginia Company sold tobacco to England at a high profit, which helped to generate significant revenue for England.
The Virginia Company also established a headright system in which settlers who paid their way to Virginia were granted 50 acres of land. This encouraged more people to move to Virginia, which led to the growth of the colony and increased the production of tobacco and other resources that the Virginia Company could sell for profit.
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Hebert Simon cited in Certo & Certo (2014) questioned the ability of managers to make rational decisions. In his opinion, managers are not able to make perfectly rational decision. Do you agree? why/why not? Secondly, it is often said that managers often make decisions without all the necessary information. Why is this so
Situations and scenarios affects the ability of managers to make rational decisions.
Let understand that an approach of making rational decisions is based on obtained data which effectively allows decision-making, thereby reducing chances of errors, assumptions and all causes for poor judgments
Thus, the main key for decision-making strategy is information and data management. The problem cited by Hebert Simon is because some of decision made by managers are based on assumptions.In conclusion, quick and rational decisions should be embraced by manager although its requires keeping a track of information and data of different scenarios.
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Morning light does not enter the swamp. Even the sunrise is dark. Still, time progresses, night into day
A picture of bayou country is deceiving Slow streams converge under mud to make the appearance of land that is actually water. One net of moss hangs from one hundred trees. Lightning strikes the
same stump many times.
People pass the swamp's fringes in trains, on tracks that cling to the last solid ground. Out of their windows are landscapes that take the earth's colors to every periphery, Bright orange sunsets
surround people like sky on an airplane. On gray foggy mornings they ride through a dream that has no beginning or end. But time has its limits, these people know. They are expected places--Memphis
by midnight, New Orleans by dawn
Deep in the swamp, animals keep the only appointments Birds gather at high places in trees. Raccoons make their last noisy passes for food across someone's back porch before he awakes. Fish all
around splash up, although they cannot see the morning coming to clean the picture of day like clothes bleaching in a galvanized tub from dark gray to light gray
Joan looked out from the porch to the swamp she had known all her life. Ahead of her in the veiled light were the outlines of many trees. Below and around her were the crisp sounds of nature
awakening Cupped in both hands, perched on her knees was a warm mug of coffee.
Which of the following can the reader infer from the passage above?
O Travelers sleep throughout the journey.
O The ride is for airplane passengers to see the sky.
O Travelers lose their sense of the outside world.
Answer:
Travelers lose their sense of the outside world.
Explanation:
Study Island
Jennifer doesn't understand why the management team decided to continue supporting the supplier in India when it was obvious that a better product at a better price was available from a supplier in Indonesia. According to the text, what is the best starting point to understand this decision
The best starting point to understand the management team's decision to continue supporting the supplier in India despite the availability of a better product at a better price from a supplier in Indonesia would be to refer to the text or information provided.
Without the specific details or context mentioned in the text, it is difficult to determine the exact reasoning behind the decision. It is important to analyze the factors considered by the management team, such as the supplier's reliability, quality, delivery capabilities, long-term relationship, contractual obligations, cost of switching suppliers, potential risks, and any other relevant factors mentioned in the text.
By examining these factors, it is possible to gain insight into the rationale behind the decision.
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Select any multinational company of indian and explain the following based on Global Value Chain:
Document Management: (3 Mark each)
- Explain in detail company’s overall international trade documents platform – types and critical importance of
control, compliance and consistency.
- Explain in detail company’s important integration with stakeholders – shipping and transportation providers
and financial organizations to draw global value proposition.
International Procurement (3.5 Mark each)
- Explain with detail with examples overall strategic procurement process based on effective global trade
practices that enhances maximum global value proposition.
- Explain in detail importance of company’s global sourcing of goods platform – strong motivators, careful in detail considerations and risk management that needs to be incorporated on global sourcing of goods.
- Explain in detail how company defines current needs across the entire organization and determine whether
new sources are required and which existing suppliers should be maintained.
- Explain in detail company’s strategic decision making process on global outsourcing of manufacturing – critical
aspects, factors to consider and inherent risks.
Multinational Company: XYZ Corporation. XYZ Corporation has established an advanced international trade documents platform that plays a critical role in maintaining control, ensuring compliance, and achieving consistency in its global value chain.
The company utilizes various types of documents, such as invoices, purchase orders, bills of lading, and certificates of origin, to facilitate international trade operations. These documents serve as crucial evidence of contractual obligations, regulatory compliance, and the movement of goods across borders. By effectively managing and controlling these documents, XYZ Corporation ensures smooth customs clearance, minimizes delays, mitigates legal risks, and maintains its reputation as a reliable trade partner. Moreover, XYZ Corporation recognizes the importance of integrating with key stakeholders, including shipping and transportation providers and financial organizations, to enhance its global value proposition. Collaborating closely with shipping companies allows XYZ Corporation to optimize logistics and ensure timely delivery of goods. This integration enables the company to streamline its supply chain, reduce transportation costs, and improve customer satisfaction.
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Why is the Adams onís treaty important to the United States?
Signed in 1819 by John Quincy Adams and Luis de Onís, the Adams-Onís Treaty between the United States and Spain gave Florida to the U.S. and established the Sabine River as the border between the U.S. and New Spain. The formation of Texas was part of a global story.
Define Treaty?A formal, written treaty is a binding agreement between parties to international law. It is often created by and between sovereign governments, however it may also involve people, businesses, and other legal entities from other countries.Written agreements between sovereign nations (or between states and international organisations) that are controlled by international law are known as treaties and other international accords. Each year, the US signs more than 200 international treaties and other accords.Treaties are legally binding agreements that are incorporated into international law. As part of what the Constitution refers to as "the highest Law of the Land," treaties to which the United States is a party also have the effect of federal law.To learn more about treaty refer to:
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How to calculate momentum?
Answer:
p=mv
Explanation:
the formula for momentum is
p=mv
Answer:
By multiplying mass and velocity
Explanation:
Barilla Case - Which of the following describes effective responses to minimizing the impacts of the bullwhip effect? (Choose all that apply)
a) Remove incentives for retailers to place orders at the same time (e.g. trade promotions)
b) Enable delivery in smaller batches
c) Shifting to Vendor-Managed Inventory
d) Increasing the generosity of return and order cancellation policies
e) Improve information sharing to increase the visibility of demand through the supply chain
Following are the effective responses to minimizing the impacts of the bullwhip effect in the Barilla Case. Option B,C and E are the correct options for minimizing the impacts of the bullwhip effect in the Barilla Case.
The effective responses to minimizing the impacts of the bullwhip effect in the Barilla Case are:
b) Enable delivery in smaller batches
c) Shifting to Vendor-Managed Inventory
e) Improve information sharing to increase the visibility of demand through the supply chain
Removing incentives for retailers to place orders at the same time (option a) and increasing the generosity of return and order cancellation policies (option d) may not necessarily minimize the impacts of the bullwhip effect.
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to implement the marketing concept, a firm must first
Answer:
obtain information about its customers' needs
Explanation:
You must know what your customers' needs are before you try to satisfy them.