D) to correct market failures and redistribute income
took the test and got it
Answer: (D) ABC analysis
Explanation:
ABC analysis is one of the type of inventory method that are basically divided into the three main categories that is A,B and the C categorization.
The main advantage of this type of analysis is that it is categorized on the quantity and the values basis and this analysis is basically keeps the cost in the business under the control. It is also known as the inventory management and the ABC analysis contributed in the overall profit in an organization.
According to the question, the retail manager basically using the ABC analysis for determining the inventory items in the system.
Therefore, Option (D) is correct.
Answer:
$362,000
Explanation:
The market value of the building is an opportunity cost that is avoidable.
Ramos would avoid the real estate taxes if it sold the building.
Therefore,
Amount of avoidable cost associated with the segment:
= Annual advertising expense + Market value of the building (opportunity cost) + Annual maintenance costs on equipment + Annual real estate taxes on the building + Annual supervisory salaries
= $ 70,000 + $80,000 + $56,000 + $6,000 + $150,000
= $362,000
Answer:
the level of pollution at which the marginal social cost of pollution is equal to the marginal social benefit of pollution.
Explanation:
Pollution can be defined as the physical degradation or contamination of the environment through an emission of harmful, poisonous and toxic chemical substances.
Generally, it has been proven beyond reasonable doubt that pollution is undesirable to living organisms such as humans, plants and animals in an environment.
Furthermore, we know and agree that social welfare of the people living across the world is increased by reducing pollution.
Hence, the optimal level of pollution in a society is the level of pollution at which the marginal social cost of pollution is equal to the marginal social benefit of pollution.
