Personal finance experts recommend saving what percentage of your income

Suppose that the production of a good generates a negative impact upon third parties. If the market does NOT take these negative

Lelu [443]

Answer:

The price will decrease and the quantity of the product sold will increase.

Explanation:

The price quoted would be lower because the social costs are not part of the cost of the product. This would increase the demand of the product because financially it is more beneficial and the price demand relation says that when the price of the good decreases the demand of the product increases and vice versa. So this means that the company will earn more but the society will have to bear the cost of the negative impacts.

6 0

3 years ago

Read 2 more answers

The following costs were incurred in September: Direct materials $42,900 Direct labor $29,500 Manufacturing overhead $30,500 Sel

Helga [31]

Answer:

$60,000

Explanation:

Given that,

Direct materials = $42,900

Direct labor = $29,500

Manufacturing overhead = $30,500

Selling expenses = $21,700

Administrative expenses = $35,800

Conversion costs:

= Direct labor + Manufacturing overhead

= $29,500 + $30,500

= $60,000

Therefore, the conversion costs for September is $60,000.

8 0

3 years ago

Mr. and Mrs. Alvarez paid $130,000 for their home 30 years ago. They recently sold this home and moved into a rented apartment.

amid [387]

The tax consequences faced by Mr. and Mrs Alvarez for the sale of their home are as follows:

a. They have a realized loss of $5,000 for situation A.

b. They have a realized gain of $320,000 for situation B.

c. They have a realized gain of $720,000 for situation C.

Data and Calculations:

Cost of the home 30 years ago =$130,000

a. Realized capital loss = $5,000 ($130,000 - $125,000)

b. Realized capital gain =$320,000 ($450,000 - $130,000)

c. Realized capital gain = $720,000 ($850,000 - $130,000)

Thus, Mr. and Mrs. Alvarez can also claim the full $500,000 exemptions to reduce their capital gain tax burdens in the three situations since they inhabited the home for more than two years. However, their exemptions are limited to the net gain.

Learn more: brainly.com/question/17005177

5 0

2 years ago

Ramone, a human resource manager, works for TelVille Inc. Initially, he was responsible only for recruitment. After a promotion,

Vinvika [58]

Answer: Both the roles that Ramone played were specialist roles.

Explanation:

From the question it can be noticed that both job roles handled by Ramone the human resource manager of his company are specialist roles. A specialist job role involves an employee just handling a single special task for his/her organization. Employee benefits and requirements are both specific job tasks in human resources.

4 0

3 years ago

Tyrone's boss said that he can come and work for an extra 3 hours this afternoon, but it is optional. Tyrone decided to go to th

AfilCa [17]

Answer:

$4

Explanation:

The computation of the opportunity cost for going to the beach is shown below:

= Hourly wages after considering the taxes - the cost of the beach in gas and toll

= $14 - $10

= $4

We simply deduct the cost of beach in gas and toll from the hourly wages so that the opportunity cost to go to the beach could come

4 0

3 years ago