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kolezko [41]
2 years ago
13

Now, suppose the fish cannery has the property rights to the lake, including the right to pollute it. In this case, assuming the

two firms can bargain at no cost, the fish cannery willuse the recycling method, and the resort will pay the fish cannerybetween $300 and $800 per week. The resort will make the most economic profit whenit has property rights to a clean lake . True or False: The fish cannery will use the recycling method, regardless of who has the property rights. True False
Business
1 answer:
zimovet [89]2 years ago
8 0

The fish cannery will use the recycling method, regardless of who has the property rights: TRUE

<h3>What is recycling?</h3>
  • Recycling is the process of gathering and converting resources into new goods that would otherwise be thrown away as waste.
  • Both the environment and your community may benefit from recycling.
<h3>Given situation:</h3>

"Suppose the fish cannery has the property rights to the lake, including the right to pollute it.

In this case, assuming the two firms can bargain at no cost, the fish cannery will use the recycling method, and the resort will pay the fish cannery between $300 and $800 per week.

The resort will make the most economic profit when it has property rights to a clean lake."

Therefore, the following statement "the fish cannery will use the recycling method, regardless of who has the property rights is TRUE.

Know more about economic profits here:

brainly.com/question/24477585

#SPJ4

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4 0
4 years ago
Cost of goods sold is computed from the following equation:
trasher [3.6K]

Answer:

B. beginning inventory cost of goods purchased – ending inventory

Explanation:

Cost of goods sold = Opening Inventory + Cost of goods purchased - Closing inventory

This is because Opening + Purchases = Total maximum level of inventory held during the year, out of which some will be sold and some will be kept as part of closing inventory.

Thus Total Opening + Purchases - Closing Inventory = Cost of goods sold

Therefore correct option is, here it is clear that beginning inventory + cost of goods purchased is written, as in option A with same factors there is negative sign in front of cost of goods purchased.

B. beginning inventory cost of goods purchased – ending inventory

5 0
3 years ago
Four categories of costs associated with product quality are: Select one: a. External failure, internal failure, prevention, and
harina [27]

Answer:

b. External failure, internal failure, prevention, and appraisal.

Explanation:

  • The four qualities that are associated with the product associated quality are the external and the internal failures and precondition and appraisals.
  • These are incorporated features that have a capacity to meets the demands of the customers and improving the satisfaction of the product and make them free form any deficiency and defects.
5 0
3 years ago
Free Enterprise is the main economic system used in the United States.
eduard

Answer:

True

Explanation:

In a free enterprise economic system, the government issues minimal restrictions on the types of goods or services produced.  It does not set prices; neither does it dictate the nature of business operations.

In the United States, forces of demand and supply determine the prices. Entrepreneurs have the freedom to decide the type of business to operate. Customers have the option of choosing the products they want to buy. For this reason, the US main economic system is a free enterprise.

3 0
3 years ago
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Other things equal, cartels and similar collusive arrangements are easier to establish and maintain: Group of answer choices whe
katen-ka-za [31]

Answer:

Option "B" is the correct answer to the following question:

Explanation:

In business or business cycle period Cartels and comparable collusive agreements are simpler to design and implement and maintain during business time or periods of business-cycle stability and high employment, assuming all other factors are equal.

4 0
3 years ago
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