Answer:
A. for government to provide the good and then pay for its production through taxation.
Explanation:
Free Riding is an economic problem implying usage of 'non excludable' good, by people not contributing to pay for it.
Example : Roads, Bridges etc.
One most suitable solution to free rider problem is : Providing it through government and treating all prospective beneficiaries as unified consumers set , dividing the entire total cost equally between all of them - through mechanism of taxation
Answer:
A. keeping salaries secret
Explanation:
Based on all of the information provided within the question it can be said that all of the answers provided can be included in Political Behavior except for keeping salaries secret. This is something everyone does and should do as it is personal information and does not part of political strategies as opposed to the other answers provided.
If a monopolist or a perfectly competitive firm is producing at break-even point then they're basically equaling their average revenue to the average total cost - ii.
This basically means that they are operating at a level where the amount which they produce relates to the amount they spend.
Answer:
a. What additional annual cost is $2250
b. Other Benefits of optimal order quantity - Reduces Obsolescence of Stock
Explanation:
The additional annual cost that Garden Variety Flower is <em>the Holding or Carrying Cost</em> of Inventory
Holding or Carrying Cost = Order Quantity/ 2 × Carrying Cost per Unit
Holding Cost at the Usage Level = ( 750/2) × ($2×30%) = $225
Holding Cost at Current Usage = ( 1500/2) × ($2×30%) = $450
Additional Holding Cost = $2250
