which one of the following is not a source of market failure? a. externalities. b. price controls c. public goods. d. imperfect information.
Answers
Price control is not a source of market failure.
So, the correct answer is B
Market failure is a situation that occurs when the allocation of goods and services by a free market is not efficient and leads to a net social welfare loss. Price controls, unlike the other options listed, are not a source of market failure.
Market failures occur when the allocation of goods and services by a free market is not efficient and leads to a net social welfare loss. Market failures can happen due to several reasons, including externalities, public goods, natural monopolies, asymmetric information, and imperfect competition. When market failures occur, governments are expected to intervene to correct the situation.
An externality is a side effect or consequence of an economic activity that affects other parties without being reflected in the cost or benefit of the economic activity. In such situations, the market is not taking into account the external costs or benefits of an activity, leading to market failure.
Hence, the answer is B.
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Related Questions
If the High Rate Method makes the most mathematical sense, why would anyone use the Snowball Method instead?
It saves more money in interest
It increases the number of debts you have to repay
It increases the number of monthly payments you need to make
Paying off any debt in full feels good and motivates you to keep going
Answers
Paying off any debt in full feels good and motivates you to keep making the most mathematical sense, would be used by the Snowball Method instead. Thus, option D is correct.
What is mathematical?
Mathematical subjects encompass things and their changes, forms and the locations in which they exist housed formulae and supporting structures, and numerals.
The Snowball Method would just be employed in its place since repaying off any debt completely feels wonderful and encourages you to continue. When a debt becomes paid in full, you transfer the funds you were using to make that payment to the subsequent, lowest loan. In a perfect world, this procedure would go on until all obligations were settled.
Therefore, option A is the correct option.
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a person who smoothes and accommodates during conflict tends to a. lead in a hidden management style. b. blend all management styles. c. lead in a blind management style. d. lead in an open management style.
Answers
The correct answer is A "lead in a hidden management style".
In this type of management style, the leader does not disclose his/her true intentions or motives to others. It is also known as the "manipulative" style of management. Leaders who adopt this management style use subtle methods to manipulate situations to their advantage.
They are not transparent and avoid sharing information that may negatively impact their position or image. The hidden management style is not suitable for all situations. In some cases, it may be necessary to be transparent to gain the trust of others.
In conclusion, the hidden management style may be useful in some situations, but it is not a one-size-fits-all solution. Leaders need to evaluate the situation before deciding on the most appropriate management style to adopt.
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In your own words, illustrate the the effect of Malaysia
dependence on imported rice? (23 marks)
Answers
Malaysia's dependence on imported rice has significant implications for its economy, food security, and agricultural sector.
Economic vulnerability: Dependence on imported rice exposes Malaysia to economic risks, including price fluctuations, supply disruptions, and changes in trade policies.
Pressure on foreign exchange reserves: Importing rice requires significant monetary outflows, which strain Malaysia's foreign exchange reserves.
Food security concerns: Dependence on imported rice raises questions about self-sufficiency and domestic food security, as disruptions in the global rice market can impact availability and affordability.
Agricultural sector development: The reliance on imported rice emphasizes the need to prioritize the development of domestic rice production, enhancing self-sufficiency and reducing import dependency.
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Select the correct answer from each drop-down menu.
Fabian inherited some money from his family and decided to open a hardware store on his own. He bought the entire inventory on credit from
vendors with the promise of paying them later. He hoped to have good sales when he opened the store because there weren't any other hardware
stores in the area. However, he couldn't sell most of his stock because there did not seem to be any demand. He knew he wouldn't be able to pay
the creditors from the money the store made. What kind of ownership does Fabian have over his store? What kind of liability is Fabian open to
creditors?
regarding the money owed to his
Fabian has sole partnership
over the store. He has unlimited liability
Reset
with respect to the money owed to his creditors.
Answers
Fabian has sole ownership over the store. He has unlimited liability with respect to the money owed to his creditors.
As the sole owner of the business, Fabian is fully in charge and has the power to make all business-related decisions. He is liable for all business-related matters, including debts and responsibilities, since he is the only owner.
Fabian has unrestricted liability because he is a sole proprietor. As a result, his personal assets, including his cash, home, and possessions, are vulnerable to corporate obligations.
The hardware store is owned entirely by Fabian, who likewise assumes all commercial risks as the sole owner.
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what is the term for when businesses produce goods and services that consumers do not want
Answers
Answer:
Productive (technical) inefficiency.
Explanation:
A market failure can be defined as a situation in which the market fails to produce an efficient level of productivity or output that is required to meet consumer demand.
This ultimately implies that, a market failure arises when there is inefficiency in the distribution or allocation of goods and services in a free market.
In Economics, there are two types of inefficiency associated with the production of goods and services, these includes;
1. Allocative inefficiency: it occurs when businesses do not maximise output from the given inputs. Thus, it arises when businesses fail to increase the level of their production or productivity from a number of given inputs.
In conclusion, allocative inefficiency typically occurs when the price of a good or service isn't equal to its marginal cost i.e P ≠ MC.
2. Productive (technical) inefficiency: it occurs when businesses produce goods and services that consumers do not want. This is typically as a result of the incorrect and inefficient allocation of scarce resources by a business firm or entity.
Tony earned a bachelor's degree at a public school. Which type of higher education institution did he attend?
A.
A 2-year college.
B.
A propriety school.
C.
A theological school.
D.
A 4-year university.
Answers
Answer:
D
Explanation:
Bachelor Degree is 4 years
Answer:
D.
A 4-year university.
Explanation:
Do you think Ruby should change the payment method she uses for her employees? Justify your answer.
Give me the real answers or you will not be able to get brainlist
Answers
Answer:
Yes ✌️✌️✌️✌️✌️
The comparative balance sheet of Merrick Equipment Co. for December 31, 20Y9 and 20Y8, is as follows: Dec. 31, 20Y9 Dec. 31, 20Y8 Assets Cash $70,720 $47,940 Accounts receivable (net) 207,230 188,190 Inventories 298,520 289,850 Investments 0 102,000 Land 295,800 0 Equipment 438,600 358,020 Accumulated depreciation—equipment (99,110) (84,320) Total assets $1,211,760 $901,680 Liabilities and Stockholders' Equity Accounts payable $205,700 $194,140 Accrued expenses payable 30,600 26,860 Dividends payable 25,500 20,400 Common stock, $1 par 202,000 102,000 Paid-in capital: Excess of issue price over par—common stock 354,000 204,000 Retained earnings 393,960 354,280 Total liabilities and stockholders' equity $1,211,760 $901,680 Additional data obtained from an examination of the accounts in the ledger for 20Y9 are as follows: Equipment and land were acquired for cash. There were no disposals of equipment during the year. The investments were sold for $91,800 cash. The common stock was issued for cash. There was a $141,680 credit to Retained Earnings for net income. There was a $102,000 debit to Retained Earnings for cash dividends declared. Required: Prepare a statement of cash flows, using the indirect method of presenting cash flows from operating activities. Use the minus sign to indicate cash out flows, cash payments, decreases in cash, or any negative adjustments. Merrick Equipment Co. Statement of Cash Flows For the Year Ended December 31, 20Y9 Cash flows from operating activities: Net income $ Adjustments to reconcile net income to net cash flow from operating activities: Depreciation Loss on sale of investments Changes in current operating assets and liabilities: Increase in accounts receivable Increase in inventories Increase in accounts payable Increase in accrued expenses payable Net cash flow from operating activities $ Cash flows from (used for) investing activities: Cash from sale of investments $ Cash used for purchase of land Cash used for purchase of equipment Net cash flow used for investing activities Cash flows from (used for) financing activities: Cash from sale of common stock $ Cash used for dividends Net cash flow from financing activities Increase in cash $ Cash at the beginning of the year Cash at the end of the year $
Answers
Merrick Equipment Co. Statement of Cash Flows For the Year Ended December 31, 20Y9, increase in cash -$70,780, cash at the beginning of the year $47,940, and cash at the end of the year $70,720.
Cash flows from operating activities:
Net income $141,680
Adjustments to reconcile net income to net cash flow from operating activities:
Depreciation ($99,110 - $84,320) $14,790
Loss on sale of investments ($102,000 - $91,800) $10,200
Changes in current operating assets and liabilities:
Increase in accounts receivable ($207,230 - $188,190) -$19,040
Increase in inventories ($298,520 - $289,850) -$8,670
Increase in accounts payable ($205,700 - $194,140) $11,560
Increase in accrued expenses payable ($30,600 - $26,860) $3,740
Net cash flow from operating activities $154,260
Cash flows from (used for) investing activities:
Cash from sale of investments $91,800
Cash used for purchase of land -$295,800
Cash used for purchase of equipment ($438,600 - $358,020) -$80,580
Net cash flow used for investing activities -$284,580
Cash flows from (used for) financing activities:
Cash from sale of common stock ($202,000 - $102,000) $100,000
Cash used for dividends ($102,000)
Net cash flow from financing activities -$2,000
Increase in cash ($154,260 - $284,580 + $2,000) -$70,780
Cash at the beginning of the year $47,940
Cash at the end of the year ($70,780 + $47,940) $70,720
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Select the correct answer.
Job opportunities for dietitians are expected to grow this decade.
A. True
B. False
Answers
Converse, Hollister and more have been accused of using child labor so they can
increase profit. It's more expensive to produce items in North America or other
developed countries than elsewhere because they have higher minimum wages. For
example, instead of paying $10 to someone making clothes in Canada per hour,
companies can pay workers 10 cents (Canadian money) each week in India. It's easy
to replace workers if they like, it's also dependable because workers in India are
forced to work and they'd be abused if they refuse or disobey their orders. What is
this?
A. Trade Deficit
B. Sweatshop
C. Countertrade
D. Strategic Alliance
Answers
Answer:
B. Sweatshop
Explanation:
let me know if I'm wrong
Write a 6 paragraph essay on the importance of economic growth
Answers
Answer:
*insert long essay*
Explanation:
If my revenue is 1,000,000 and my expenses are 1,386,000, what's my profit in percentage
Answers
If my revenue is 1,000,000 and my expenses are 1,386,000, The profit in percentage is : -38.6%
Profit in percentageGiven :
Revenue = $1,000,000
Expenses = $1, 386,000
First step is to calculate the Net profit or Net loss using this formula
Net profit or Net loss = Revenue - Expenses
Let plug in the formula
Net profit or Net loss = $1,000,000 - $1,386,000
Net profit or Net loss = - $386,000
Now let determine the profit in percentage
Profit in percentage = -$386,000 / $1,000,000 × 100
Profit in percentage = -38.6%
Therefore the profit or loss is -38.6%.
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Convince On the discussion board address the following 6.2 Globalization Defined 1. An automobile worker loss his job because his factory moved to Mexico. What could you say in an effort to convince him that this move might be good for the nation?
Answers
It's crucial to handle the matter with sensitivity and compassion while speaking to the auto worker who lost his job as a result of the manufacturing moving to Mexico.
What is Globalization?Globalization is the process through which nations, economies, communities, and cultures around the world become more interconnected, integrated, and dependent on one another.
In the long run, industry globalization frequently boosts economic development and employment creation. Although the worker may have originally lost his job, moving to Mexico can open up new career chances in the automobile industry or other industries.
Even if the automobile worker lost his job, he could have learned useful skills and information that he might use in other fields or as a business owner.
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Click this link to view O‘NET's Work Styles section for General and Operations Managers. Note that common work
styles are listed toward the top and less common work styles are listed toward the bottom. According to O‘NET, what
are common work styles needed by General and Operations Managers? Select four options.
self control
curiosity
leadership
dependability
attention to detail
creativity
Answers
Answer:
Self control, leadership, dependability, attention to detail
Explanation:
The styles section for the general and operation managers lists are :
Self-control, leadership, dependability, attention to detail.What is a work style?A work style is a style that is followed for the purpose of work and includes logical reasoning, detail-oriented and supportive, and ideal oriented style. The operations manager's style includes self-control, leadership, and dependability plus attention to detail during work.
Find out more information about the work styles.
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Last year, your company had sales of $11,010,980. The firm's costs of goods sold amounted to 60% of sales. The firm also paid cash operating expenses of $1,000,000, and had $173,511 in depreciation expense. The firm had $450,000 in 9% coupon bonds outstanding and paid $40,000 in dividends to its common stockholders. Also, the firm received $100,000 in dividend income from its holdings of other common stocks. Compute the corporation's taxable income i.e. earnings before taxes. SET YOUR CALCULATOR TO 4 DECIMAL PLACES THEN ROUND TO THE NEAREST WHOLE NUMBER AT THE END. DO NOT ENTER THE $ SIGN SYMBOL..i.e. if your answer is 1,000,000.2456 enter it as 1,000,000.
Answers
The taxable income of a corporation is $3,290,881. Taxable income refers to the portion of an individual or entity's income that is subject to taxation by the government.
To compute the corporation's taxable income, we need to subtract the deductible expenses from the firm's gross income. In this case, the deductible expenses include the cost of goods sold, cash operating expenses, depreciation expense, and dividends paid to common stockholders.
First, calculate the cost of goods sold (COGS) using the sales amount and the given percentage of 60%:
COGS = Sales * COGS percentage = $11,010,980 * 0.60 = $6,606,588.
Next, subtract the cash operating expenses, depreciation expense, and dividends paid from the gross income:
Taxable income = Gross income - COGS - Cash operating expenses - Depreciation expense - Dividends paid
Taxable income = $11,010,980 - $6,606,588 - $1,000,000 - $173,511 - $40,000 = $3,190,881.
Lastly, add the dividend income received from holdings of other common stocks:
Taxable income = Taxable income + Dividend income = $3,190,881 + $100,000 = $3,290,881.
Therefore, the corporation's taxable income is $3,290,881.
In conclusion, the taxable income for the corporation is $3,290,881. Taxable income is calculated by subtracting deductible expenses from gross income.
By considering the given values for sales, cost of goods sold, cash operating expenses, depreciation expense, dividends paid, and dividend income, we can compute the corporation's taxable income as $3,290,881.
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Graham is hiking a trail that is 512 miles long. He has hiked 358 miles so far.
Which expression shows how many miles he has left to hike? A. 512+58
B. 512+358
C. 512−58
D. 512−358
Answers
How important is money
Answers
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.
The king company purchased equipment on may 1, 2023 for $13,800 and expects that it will be useful for five years at which time it could be sold for $1,500. What is the balance of accumulated depreciation at the end of 2024? enter as a positive number
Answers
The equipment was purchased on May 1, 2023, so it was in service for 8 months in 2023 (May-December). The remaining useful life of the equipment at the beginning of 2024 is 4 years (5 - 1).
The annual depreciation expense is ($13,800 - $1,500) / 5 years = $2,460 per year.
Therefore, the accumulated depreciation for the end of 2024 would be:
Accumulated depreciation = Depreciation expense x Time in use
Accumulated depreciation = $2,460 x 1 year
Accumulated depreciation = $2,460
So the balance of accumulated depreciation at the end of 2024 would be $2,460.
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The dollar amount of desired profit from the production and sale of magpie's product is:________
Answers
The dollar amount of desired profit from the production and sale of magpie's product is: desired profit is 25% of the invested assets.
Investment assets are tangible or intangible assets obtained to generate additional income or held for speculative purposes in anticipation of future price appreciation. Examples of investment assets include mutual funds, stocks, bonds, real estate, and retirement savings accounts such as 401(k)s and IRAs.
Investment assets, for any individual, mean the amounts, on an aggregate basis, of investments, cash, and cash equivalents, as shown in the most recent balance sheet this person's best.
Average investment property means, over a specified period, the average value of the total carrying amount of the assets before deducting depreciation, bad debts, or reserves. other non-monetary values, calculated by taking the average of these values at the end of each month during that period.
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some one prove my answer 9x/7-10=48x/7+14
Answers
9x/7 - 10 = 48x/7 + 14
=> 9x/7 = 48x/7 + 14 + 10
=> 9x/7 = 48x/7 + 24
=> 9x/7 - 48x/7 = 24
=> -39/7 = 24
Not proved!!!
(T/F) adding together all the residuals from a regression plot will sum to zero, on average.
Answers
The given assertion is accurate since the total of the residuals is always equal to zero (assuming that your line is indeed the line of "best fit").
On average, the sum of the residuals from a regression plot will be zero. See this StackExchange discussion thread if you want to see why (involves a little algebra). Since the mean is equal to the sum of the residuals divided by the number of items, the mean of residuals is also equal to zero.
The main purpose of the regression plots in the Python Seaborn library is to provide a visual aid for emphasising patterns in a dataset during exploratory data analysis. Regression plots, as the name implies, provide a regression line between two parameters and aid in visualising their linear correlations.
In linear regression, the mean of the residuals is always zero.
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cutter enterprises purchased equipment for $63,000 on january 1, 2021. the equipment is expected to have a five-year life and a residual value of $3,300. using the straight-line method, depreciation for 2021 would be:
Answers
The depreciation expense and book value for the year 2021 are $11,280 and $51,720 respectively.
Depreciation is a non-cash expense that is charged to accumulated depreciation, which is a contra-asset account, and represents the loss in the value of a fixed asset due to its ongoing usage.
The cost of the asset is uniformly distributed during the asset's life under the straight-line method.
Depreciation is calculated using the formula: Straight-line depreciation = (Cost of the asset - Residual value) / Asset life.
Cost of equipment = $63,000
Residual value = $6,600
Useful life = 5 years
Annual depreciation expense = (Cost of equipment – Residual value)/Useful life
= (63,000 - 6,600)/5
= 56,400/5
= $11,280
Book value at December 31, 2021 = Cost of equipment - Depreciation expense for the year 2021
= 63,000 - 11,280
= $51,720
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lolLloleoreniiwkv ibyuerw
Answers
How does the Ricardian model benefit the import and export of
products from given countries? Are there risks in following the
Ricardian model? Provide examples.
Answers
The Ricardian model is an economic theory that explains how countries can benefit from trade based on comparative advantage. According to this model, countries should specialize in producing goods that they can produce at a lower opportunity cost than other countries.
In terms of import and export, the Ricardian model suggests that countries should focus on exporting goods that they can produce efficiently, while importing goods that other countries can produce more efficiently.
This specialization allows countries to maximize their production and consumption possibilities.
For example, let's consider two countries, Country A and Country B. Country A can produce cars more efficiently than Country B, while Country B can produce computers more efficiently than Country A.
According to the Ricardian model, Country A should export cars and import computers, while Country B should export computers and import cars. This allows both countries to benefit from trade by focusing on their comparative advantages.
However, there are risks associated with following the Ricardian model. One risk is that a country may become too dependent on imported goods, making it vulnerable to disruptions in international trade.
Additionally, if a country fails to adapt and improve its production capabilities, it may lose its comparative advantage over time.
In conclusion, the Ricardian model can benefit the import and export of products from given countries by promoting specialization based on comparative advantage.
However, there are risks involved, such as dependency on imported goods and the need for continuous improvement to maintain a competitive edge in the long run.
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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
Answers
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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please help!!!!!!!!!!!
Answers
Answer:
(1) Customers rating a new car model on social media - External info
(2) Company info
(3) External info
(4) Company info
Explanation: Company information is basically explaining information abt the product or what it is they're selling. External information is the feedback or in other terms "review" on a companies item. Hope this helped <3
(The #'s are the examples in the boxes starting from left to right btw)
A buyer and a seller make an oral agreement regarding the sale of the seller's grapefruit grove. This contract normally would be unenforceable in a court of law based on the
a. laws of agency
b. statute of frauds
c. statute of limitations
d. real estate licensing laws
Answers
So the correct option is b. statute of frauds. The statute of frauds requires certain contracts, including contracts for the sale of real property, to be in writing in order to be enforceable in a court of law.
Law refers to a set of rules and regulations established by a governing authority to regulate and govern the behavior of individuals, organizations, and society as a whole. Laws are designed to maintain order, protect rights, and ensure justice. They encompass various areas such as criminal, civil, constitutional, and administrative law, among others. Compliance with the law is essential for a functioning or just society, and violations can result in legal consequences, including fines, imprisonment, or other forms of punishment. Legal systems differ across countries, but they all serve purpose of providing a framework for orderly and fair conduct.
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The GUI is an index used by the OS to manage computer files,
O False
O True
Answers
Answer: I think it's true
The GPS SmartSole is a discreet wearable insole that fits in the shoe and provides GPS tracking of the wearer. This product is being marketed as an inexpensive solution for caregivers whose charges are prone to wandering, like those with Alzheimer's disease or autism. When the insoles were first made available to consumers, what was the marketing objective for the company at that early stage of the product life cycle
Answers
Answer:
srry i just had to answer bc my answer was at 69
Explanation:
The marketing objective for the company at that early stage of the product life cycle is Create awareness and stimulate trial.
What is marketing objective ?Marketing objectives are a list of specific, quantifiable goals created as a component of a marketing plan. Specific goals are set forth in marketing objectives, such as "reduce customer acquisition cost by 10% by the end of the next quarter."
The SMART methodology—specific, measurable, achievable, relevant, and time-based—is frequently used to develop effective marketing goals. Businesses assess their marketing goals using SMART goals to determine whether they match the requirements for success.
The marketing objective for a product in the introduction stage of the product life cycle is to create consumer awareness and gain trial.
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Four people are applying for a job. This chart shows the company’s favorite characteristic of each of these job applicants: