Answer: D. The government can use a tax to increase the marginal private cost of producing dry cleaning to equal the marginal social cost.
Explanation:
The Marginal Private Cost(MPC) is the cost that a company incurs per producing an additional good while Marginal Social Cost(MSC) is the cost incurred by the society (third parties) due to an additional good being produced. This includes marginal private costs as well.
The government should tax firms in such a way that they will see that MPC equal their MSC because this would ensure that they feel the full weight of the effects that their production is placing on the society. This will encourage them to produce at an efficient level that would reduce costs as much as possible especially MSCs.
Answer:
reseller
Explanation:
A resller is a person that purchases finished goods and sells them again to customers in order to earn a profit. Resellers do not make changes or modify the products they buy. Resellers can be wholesalers or retailers.
i hope my answer helps you
Answer:
The correct answer is letter "A": deliverable.
Explanation:
Deliverables is a project management concept that describes an object or service that must be delivered or completed by a certain due date. Deliverables can be tangible or intangible. These include reports, graphic designs, computer system upgrades, analytics, and everything else that helps a larger project lead to completion.
Answer:
Cost of new machine:
= List price of new machine - Trade allowance + Fair value of old machine
= $16,000 - $9,000 + $6,000
= $13,000
Therefore, the journal entry is as follows:
Cost of new machine A/c Dr. $13,000
Accumulated depreciation (Book Value) A/c Dr. $4,000
Loss on exchange of machine A/c Dr. $2,000
To Old Machine (Book Value) $12,000
To Cash (16,000 - 9,000) $7,000
(To record the machine exchange)
Answer:
b.matching
Explanation:
Deferrals and Accruals are based on matching principle of accounting. Matching principle requires that all the expenses to record in the same period when revenue is earned. The purpose of matching principle is to report relevant and accurate information in the accounting period. It brings all the revenue and related expenses together to report in the same period.