1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kotegsom [21]
2 years ago
10

If the production of a good created both external costs and external benefits, but the external costs were greater, without gove

rnment intervention, a market economy will:_____.
Business
1 answer:
hichkok12 [17]2 years ago
3 0

If the production of a good created both external costs and external benefits, but the external costs were greater, without government intervention, a market economy will ​not produce the product at all.

In the production and consumption of goods and services, there exist costs that are passed on to a third party. The general public, who is ultimately responsible for paying for them, is in fact subsidizing goods and services with external costs.

External costs are still necessary to be paid for even when they are not included in the product's price. It is ultimately the responsibility of society as a whole to pay for external costs through taxes, accident compensation, medical expenditures, insurance premiums, deterioration in environmental quality, and losses in natural capital.

Usually, the price of goods and services includes External costs, which results in a higher overall cost. Because consumers frequently select the lowest options, clean, sustainable products have a pricing disadvantage.

Learn more about External costs here

brainly.com/question/13524644

#SPJ4

You might be interested in
11111111111111111111111
belka [17]

Answer:

222222222222222222

Explanation: counting

7 0
2 years ago
Workplace ____________ is when an employee is treated poorly because of a protected characteristic.
BabaBlast [244]

Discrimination would be the correct answer for this question.

8 0
3 years ago
Read 2 more answers
Suppose a​ firm's tax rate is 35 %. a. What effect would a $ 9.97 million operating expense have on this​ year's earnings? What
Zepler [3.9K]

Answer:

Dnndjdndjdj

Explanation:

4 0
3 years ago
Caroline runs her own business selling horse related products (saddles, boots, bridles, etc.). She is considering investing $70,
Katyanochek1 [597]

Answer:

The present value the expected costs of the new security and data management system is $-75,062.5

Explanation:

Kindly check attached picture for explanation

6 0
3 years ago
Beeman Company exchanged machinery with an appraised value of $3,538,500, a recorded cost of $5,435,000 and accumulated deprecia
Vinvika [58]

Answer:

Check the explanation

Explanation:

a.) Commercial Substance :

Beeman Machinery........................................................................Dr. 3,390,000

Cash............................................................................................Dr. 120,000

  Accumulated Depreciation of Machinaery...............................................2,700,000

  Gain on Disposal of Machinary..............................................................810,000

  Machinery...........................................................................................5,400,000

Working:

Cost.............................                   5,400,000

Accumulated Dep............                 2,700,000

Book Value......................................2,700,000

Face Value......................................3,510,000

Gain...............................................$ 810,000

Lacey machinery.......................................................Dr. 3,510,000

Accum Dep of Machinery...........................................Dr. 3,564,000

               Gain on Disposal of Machinery.....................................474,000

               Machinery.................................................................6,480,000

              Cash.........................................................................120,000

b.) No Commercial Substance

Beeman Machinery.........................................................................Dr. 2,607,692

Cash.............................................................................................Dr. 120,000

Accumulated Depreciation - Machinery.............................................Dr.2,700,000

                  Gain on Disposal of Machinery...................................................27,692

                  Machinery................................................................................5,400,000

$ 120,000 / ( $ 120,000 + $ 3,390,000 ) * $ 810,000 = $ 27,692

Lacey Machinery...................................................................................Dr. $ 3,036,000

Accumulated Depreciation - Machinery...................................................Dr. $ 3564,000

                    Machinery...............................................................................6,480,000

                    Cash......................................................................................120,000

6 0
3 years ago
Other questions:
  • What are five things you can do to overcome stereotypes?
    6·2 answers
  • Suppose that an income producing property is expected to yield cash flows for the owner of $150,000 in each of the next five yea
    15·1 answer
  • Suppose that mr. green jeans sells $5,000 of wheat to big ben bakery. big ben uses the wheat to make flour and then hamburger bu
    7·1 answer
  • A soccer player herself, Jenine is very concerned about the growing number of serious injuries at all levels of the sport. When
    14·1 answer
  • Which of the following constitutes constructive receipt in the current year ended December​ 31?a. A salary check received at​ 6:
    7·1 answer
  • Sean works for Cash'n'Carry, a payday loan company. He has been asked to develop an ethical mission statement to reassure custom
    5·1 answer
  • The Washington, D.C.-based Heritage Foundation survey consists of over 178 countries ranked by degree of economic freedom. The k
    5·1 answer
  • The Open Grill incurred the following costs in acquiring a new piece of land:Cost of the land $ 80,000. Commissions 4,800.Liabil
    11·2 answers
  • Everything else held constant, when bonds become less widely traded, and as a consequence the bond market becomes less liquid, t
    10·1 answer
  • These were kane's only temporary differences. in kane's 2021 income statement, the deferred portion of its provision for income
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!