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VLD [36.1K]
3 years ago
10

If a good that generates negative externalities were priced to take these negative externalities into account, then its Multiple

Choice price would decrease and its quantity would increase. quantity would increase, but its price would remain constant. price would increase and its quantity would decrease. price would increase, but its quantity would remain constant.
Business
1 answer:
Thepotemich [5.8K]3 years ago
3 0

Answer:

Price would increase, quantity would decrease.

Explanation:

Externalities are extra  benefits or harm to other un-involved parties, without any monetary exchange for the same. Extra beneficial are positive externalities (eg - education) , extra harmful effects are negative externalities (eg pollution).

Positive Externalities have extra social benefit apart from private benefit, Negative Externalities have extra social cost apart from private cost.

Private Markets work on private benefit & cost equalisation (ignoring extra social costs/ benefits). Involving extra social cost in the negative externalities accomodates the extra social harmful effect from that commodity, increases its price & decreases its quantity. This caters to discouraging its consumption, owing to the harmful effects. Eg Alcohol.

Similarly in case of positive externality : it would include extra social benefit (beneficial impacts), reduce price & increase quantity - to encourage the positive externality good consumption

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What is the salesperson doing when, after his presentation is over, he asks, "May I call the company and place your order for 20
Zanzabum

Answer:

trying to close the sale

Explanation:

When someone is closing a sale, he/she is trying the complete the sales process by effectively getting a purchase order. In this case, the salesperson is trying to convince the client to finally place an order for 20 cases of Ecco brand golfing shoes. The whole selling process is carried out to finally be able to close the sale, it is the climax of the sales process, the salesperson either makes it or not.

3 0
3 years ago
A customer purchases $340 worth of merchandise from The GAP using a gift card. What is the journal entry The Gap records?
OLga [1]

Answer:

Option (d) is correct.

Explanation:

Given that,

Customer purchases $340 worth of merchandise from The GAP using a gift card.

A gift card is having an amount of money that is used by the gift card holder for the purpose of purchasing goods. So, in the books of GAP, the value of gift card is debited as an unearned revenue and the sales revenue is credited.

The journal is as follows:

Unearned revenue A/c Dr. $340

         To sales revenue A/c         $340

(To record the merchandise sold for a gift card)

6 0
3 years ago
"convert to a mixed numeral: 18/5," states one problem on a fifth-grader's arithmetic text. this is a(n) _____ problem. it is be
horsena [70]

For the first blank, the answer would be is a well-defined problem. A well-defined problems have exact goals, noticeably defined solution tracks, and clear predictable solutions.


While for the second blank, the answer would be the application of algorithms. In mathematics, it is a clear-cut description of how to crack a group of problems. Algorithms can do calculation, data processing and automatic reasoning jobs.

5 0
3 years ago
Vaughn Manufacturing purchased equipment for $12240 on January 1, 2017. The company expects to use the equipment for 5 years. It
tresset_1 [31]

Answer:

Accumulated Depreciation as on  31st December 2017 is 2448

Explanation:

Depreciation using straightline method=<u>Cost of equipment-salvagevalue</u>

                                                                           useful life of the asset

Depreciation =<u> 12,240-0</u>

                            5years

Depreciation on 31st December 2017 = $2448

<u></u>

<u></u>

<u></u>

3 0
3 years ago
Hardwoods, Inc. is a mature manufacturing firm. The company just paid a $10 dividend, but management expects to reduce the payou
harkovskaia [24]

Answer:

$37.92 is the answer

Explanation:

Stock price, P0 = D1÷(r+g)

D1 is next expected dividend

r is required return

g is growth rate

= $10×(1-9%)÷(15%+9%)

= $37.92

7 0
3 years ago
Read 2 more answers
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