It is apparent that the production of gasoline involves a negative externality which means that the market will produce a larger quantity of gasoline than is socially desirable.
What is a negative externality?In economics, this refers to a condition that exists when the production or consumption of a product results in a cost to a third party.
Hence, based on the information given on the gasoline price and values, it is deduced that the production of gasoline involves a negative externality which means that the market will produce a larger quantity of gasoline than is socially desirable.
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Suppose there is a decrease in the U.S. selling price of Japanese-made cars (a substitute for American-made cars). At the same time, the price of steel, used to make American-made cars decreases. What would we expect would happen in the market for American-made cars
If the price of the steel used to produce steel falls, it would cause the price of American cars to fall.
How does the price of resources affect demand?The price of a resource used in the production of goods can have a huge effect on the price.
If the price of steel is high, it would make the price of cars to be on the increase hence reducing the demand for the product in the market.
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How should a company adopt a data-driven culture that will stick?.
Production cost information for the Molding department follows. Beginning work in process Direct materials $ 49,000 Conversion 54,850 $ 103,850 Costs added this period Direct materials $ 293,000 Conversion 605,150 $ 898,150 Calculate the equivalent units of production for direct materials.
Based on the beginning work in process and the costs added in the period, the Equivalent Units of Production for direct materials is $342,000.
What is the EUP for direct materials?This can be found by the formula:
= Beginning WIP for raw materials + Costs added this period
Solving gives:
= 49,000 + 293,000
= $342,000
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A __________ offers a huge selection of one type of product (such as books, toys, or sporting goods) to dominate that category of goods.
Assume that there are two major telecommunications companies in a country. Firm A controls 45%, and Firm B controls 37% of the telecommunications market. Firm C controls the remaining portion of the total sales. For the market structure to be an oligopoly, what must be true
The telecommunication market structure is considered an oligopoly market when there are high barriers to entry into the market.
What is a market?A market is a place where the goods and services are being acquired by consumers and sold by retailers.
The oligopolistic market is a type of market structure where the control has been exercised by only the fewer firms over the entire market and doesn't allow new firms to enter the market. They initiate the barriers in the form of patenting of products, licenses from the government, adoption of expensive technology, etc.
Therefore, the creation of the barriers to entry of the new firms will mark the given market structure to be oligopolistic.
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A strategy of spreading investments among different industry sectors is
called
A. regulation
B. savings
C. growth
D. diversification
Answer:
diversification
Explanation:
because it is a technique that reduce risk by allocating investments across various industries
When you purchase the exact same office supplies you purchased in the previous quarter, you are making a
When you purchase the exact same office supplies you purchased in the previous quarter, you are making a straight rebuy.
What is a straight rebuy?
This is the type of purchase that a customer is known to buy that is in the same quantity and the same terms as the goods from the same supplier.
The perfect example of this is that people are known to visit the same coffee shop daily to make the same purchase.
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Indicate where each item would appear on a statement of cash flows using the indirect method by placing an x in the appropriate column(s). (more than one column may be used.)
The individual items that are a part of the cash flow is mentioned in the attached image by indicating X.
Operating activities are the normal duties carried out by a firm to create and sell its products, earn revenue, as well as carry out general administrative and maintenance responsibilities. Some of a company's primary operating activities include production, sales, advertising, and marketing.
One of the primary types of net cash activities that firms report on the cash flow statement is investing activities. In accounting, the term "investing activities" refers to the acquisition and disposal of long-term assets as well as other corporate investments over a certain reporting period.
Financing activities relate to agreements made between a company and its owners and lenders to obtain or recoup resources. In other words, financial activities provide the business with funding, enable debt repayment, and profit for the owners. Financing activities include giving and receiving equity.
Thus, the items of cash flow which are included has been given in the attached image by indicating in which particular head it comes.
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The above question seems incomplete, probable the complete question is given below.
Indicate where each item would appear on a statement of cash flows using the indirect method by placing an X in the appropriate column(s). (More than one column may be used.) Statement of Cash Flows Noncash Investing & Financing Activities Not Reported on Statement or In Notes Operating Activities Investing Activities Financing Activities a. Declared and paid a cash dividend b. Recorded depreciation expense c. Paid cash to settle long-term note payable d. Prepaid expenses increased in the year e. Accounts receivable decreased in the year f. Purchased land by issuing common stock 9. Inventory increased in the year h. Sold equipment for cash, yielding a loss i Accounts payable decreased in the year i Income taxes payable increased in the year
The vatican’s swiss guard wears a uniform inspired by which famous renaissance painter?.
The Vatican's swiss guard wears a uniform inspired by famous renaissance painter Raphael.
Who is the Swiss guard?Since 1506, the Swiss Guard has provided protection to the Pope and his home, and this has not been modified. These men also share a desire to learn more about the most recent developments and practices in personal security, as well as a sense of discovery on the international stage.
Raphael (1483-1520 CE) was a painter and architect from Italian background who is considered one of the greatest Renaissance artists. Raphael produced a large body of work in the medium of oil painting, including a large number of masterpieces.
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_____ are not included as a payroll deduction.
a. charitable donations
b. federal taxes
c. insurance premiums
d. food expenses
Charitable donations are not included as a payroll deduction.
What are payroll deductions?Payroll deductions is the money deducted from workers or employee salary.
The money is deducted to cover up for taxes and other duties.
Therefore, Charitable donations are not included as a payroll deduction
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Answer: food expenses
Explanation:
just had that question
As director of a small art gallery, one of Frederica's major concerns is the preferences of the people who buy her artists' work. Frederica recognizes that the center of her marketing efforts is
Frederica's major concerns are the preferences of the people who buy her artists' work. So, he recognizes that the center of her marketing efforts is the customers.
What is market effort?Market efforts is a measure of resources committed to the promotion of goods and services. It is a business strategy of targeting customers to stimulate demand for products and also beat the threats of competitors. It is always directed towards the consumers, being the main source of revenue generation.
Market efforts must be effective to achieve its aim. To manage this, these steps must be observed, goals, audience, campaign tools, resources identification.
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Country A specializes in producing kiwis. Country B specializes in producing oranges. As a result, Country A can consume more kiwis and oranges than it could have if it had tried to grow kiwis oranges itself and had decided not to trade. This illustrates the concept of: Group of answer choices The gains of trade Absolute advantage Supply
This scenario better illustrates the concept of absolute advantage, as both countries are specialized in one product.
What is the absolute advantage?It is an economic approach that helps to understand how a country's specialization in the production and sale of a product and service helps economic development, as there can be trade between countries with different specializations, generating funds obtained from the export of goods.
Therefore, absolute advantage helps countries to trade and develop economically.
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A customer has a margin account that shows a market value of $190,000 and a debit balance of $90,000. in addition, the account has special memorandum account of $5,000. the long market value at maintenance is
A maintenance margin is a minimum equity an investor ought to preserve withinside the margin account after the acquisition has been made. Hence, the long market value at maintenance in this case is $120,000.
What do you mean by long market value?Long market value at maintenance refers to the point where an account must fall (in market value) to reach minimum maintenance (25% of market value). ;
The maintenance margin is far presently set at 25% of the full value of the securities in a margin account as in step with Financial Industry Regulatory Authority (FINRA) requirements.
To calculate the long market value at maintenance, divide the debit balance by .75 ($90,000 / .75 = $120,000)
Hence, the long market value at maintenance is $120,000.
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In 2021, Robert takes four key clients and their spouses out to dinner at a local restaurant. Business discussions occurred over dinner. Expenses were $700 (drinks and dinner) and $140 (tips to servers). If Robert is self-employed, how much can he deduct for this event
The amount deductible by Robert for year 2021 against the meal and entertainment expenses will be 50% that is $420 from the total expense amount of $840.
What is business deductions?The business deductions are the amounts those are allowed to be deducted while filling the income tax. There is certain criteria to deduct different expenses.
As per the IRS regulation, when the tax payer is self-employed then the amount that can be deducted against meal and entertainment can be 50% of the total expense.
Therefore, Robert can deduct only $420 from the taxable income.
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According to the Census Bureau, in October 2016, the average house price in the United States was $28,358. 5 years earlier, the average price was $20,908. What was the annual increase in the price of the average house sold
find the average rate of change for the following and write a description about it
In order to find the rate of change of a function between two points, you should use the formula, ( f (b) - f (a) ) / (b - a).
How do you find the rate of change?Using the formula;
= ( f (b) - f (a) ) / (b - a)
Where
b would be the second value of x and a would be the first value of x.
For instance, if you were to find the average rate of change in function:
y = 4x³ - 5x² + 1 in between x = -3 and x = 1.
The average rate of change would be:
= ( 4 (1)³ - 5(1)² + 1) - (4 (-3)³ - 5(-3)² + 1) / (1 - (3))
= 152 / 4
= 38
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After a significant economic recession, prices and investing activity in the stock market began trending consistently upward six years ago. In the last three months, this trend has reversed and prices have fallen steadily. How are the past three months of the stock market classified
Primary bear market is the way the past three months of the stock market classified. As After a significant economic recession, prices and investing activity in the stock market began trending consistently upward six years ago.
What is primary bear market?Primary bear market refers when the price in market starts decline, and it declines more than 20%, it is accomplished by the negative investors and Bear markets can be either cyclical or long-term in nature. It takes more than 8 months.
This question has options that are given below
a. Primary bear market
b. Secular bull market
c. Primary bull market
d. Secular bear market
Thus, option A is correct.
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How much will silver be worth if the dollar collapses?.
Answer:
That is because the U.S. dollar would essentially be worthless if it were to collapse in value. In a sense, the price of silver would be infinite if measured in terms of the U.S. dollar!
What is the percentage of people living in poverty in paraguay? 1% 45% 15% 32%
The most recent figures show that the percentage of people who live in poverty in Paraguay is 15%.
How many people live in poverty in Paraguay?Paraguay has had its fair share of problems since it gained independence which has led to about 15% of its population living in poverty.
Current figures however show that there are less people living in poverty than the year before which points to economic growth.
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Answer:c
Explanation: edge 2022
Managers practice the art of getting things done using organizational resources such as: Multiple select question. information workers customers equipment
The managers get things done by using organizational resources such as: such as:
equipmentworkersinformationWhat is an art of getting things done?These involves the act of directing, organizing, coordination and guiding the organizational processes to achieve organizational goals.
Therefore, the Option A, B, D is correct.
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Economics is the study of how individuals and societies allocate.
The field of Economics allows us to study how individuals and societies are able to allocate resources.
What is economics?Economics is a field that studies the allocation of resources by a society to ensure that the needs of the society are met.
The reason the allocation of resources needs to be studied is because they are scarce and so have to be allocated with opportunity cost in mind.
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Jane and Fran work together and make the same amount of money. Jane owns her house, on which she has a mortgage, while Fran rents. Neither is able to put away any savings after paying their bills and other monthly expenses. If they both have the same net worth (assets minus debts) now, make a similar housing payment, and neither is able to save money over the next five years, who is likely to have a higher net worth at that time
Based on the description that we have here the person that is more likely to have the higher net worth is Jane because part of the monthly mortgage payment she makes goes to pay off her loan, thereby increasing her equity.
What is a mortgage?This is the term that has to do with a lender and a person. The mortgage gives the lender the right to take over your property if you do not pay back what you have borrowed.
Mortgages are what people use to buy homes. When they pay back, they do so with interest.
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True or false: Personal savings, venture capitalists, and government agencies such as the Small Business Administration (SBA) are possible sources of capital or information when starting a small business.
The possible sources of Small Business Administration which can provide assistance to small businesses are venture capitalists, personal savings, and government agencies.
What is meant by small business?Small Business is a kind of business started with fewer working professionals and less income.
Small Business Administration is an authority that helped small businesses and entrepreneurs in establishing their businesses. They provide capital assistance through their sources like venture capitalist companies, government agencies, etc.
Therefore, the given statement is true as explained above.
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Elizabeth works for a local restaurant at the end of her shift she is required to write in the time that you arrive in the time she is leaving so that she can be paid appropriately today Elizabeth was 15 minutes late for work what would be the most ethical thing for Elizabeth to do
Answer:
Elizabeth would have to write the time she came in. If she lies, she's indirectly robbing the restaurant of it's money.
Explanation:
The main reason most international transactions require full payment before the buyer receives the merchandise is:.
An underlying lack of trust. An excess of factor endowments is the main reason most international transactions require full payment before the buyer receives the merchandise.
What is the main reason of international full payments' requirement?People act in various ways for various reasons. The basic reason that most overseas transactions demand full payment before the buyer receives the goods is that there is a fundamental lack of confidence.
When there is a lack of trust in commercial interactions, it opens the door to a lot of negative thoughts, actions, and feelings. Lack of trust has led to discouragement, depression, and the possibility of self-harm.
There are options missing in the question of which are given below-
a. strict government regulations.
b. an underlying lack of trust. an excess of factor endowments.
c. to trigger lower tariffs.
d. the inability to charge interest on the cost of goods.
Thus, option B is correct.
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General Product Inc. distributed 150 million coupons in 2021. The coupons are redeemable for 40 cents each. General anticipates that 70% of the coupons will be redeemed. The coupons expire on December 31, 2022. There were 45 million coupons redeemed in 2021 and 31 million redeemed in 2022. General recognizes coupon expense in the period coupons are issued. What was General's coupon liability as of December 31, 2021
General Product Inc.'s coupon liability as of December 31, 2021, is $24 million.
What is coupon liability?Coupon liability is a contingent liability arising from coupon redemption obligations.
As a potential future liability, only the amount that can be reasonably estimated should be recognized.
Data and Calculations:Distributed coupons = 150 million
Coupon redemption cost per unit = 40 cents
Total potential liability from coupons = $60 million (150 million x $0.40)
Probability of occurrence = 70%
Estimated redeemable liability = $42 million ($60 million x 70%)
Redeemed coupons in 2021 = 45 million or $18 million (45 million x $0.40)
Recognized contingent liability for 2021 = $24 million ($42 - $18 million)
Thus, General Product Inc.'s coupon liability as of December 31, 2021, is $24 million.
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Economics: The supply of a good available in a market is likely to decrease when:
A. companies believe that the product's selling price will go up.
B. governments reduce regulations and taxes on a product.
O C. few workers have the skills needed to create the product.
D. technology used to make the product becomes widely available.
SUBMIT
Answer:
c. few workers have the skills needed to create the product
Explanation:
What health issue did Feiler face that led him to consider his family?
Which loan type allows you borrow up to the cost of attendance, minus other aid you have received?.
A subsidized loan is such a loan where the borrower is allowed to borrow up to the cost of attendance less any other aids received.
What is a subsidized loan?A type of education or student loan where the amount to be borrowed is determined as per the cost of the student's attendance, which is subtracted from other financial benefits received in this regard, is known as a subsidized loan.
Hence, subsidized loan is explained as above.
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Over the past year, you earned a nominal rate of interest of 8% on your money. The inflation rate was 3.5% over the same period. The exact actual growth rate of your purchasing power was A) 15.55%. B) 4.35%. C) 5.02%. D) 4.81%. E) 15.04%.
Answer:
a
Explanation:
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