The private market will produce more than the economically efficient output level. Also when there is a negative externality then the cost to producers will be less than the cost to society. Remember that a negative externality is a cost that is suffered by a third party as a result of an economic transaction. Also have in mins that externalities lead to market failure<span> because the price equilibrium </span>does<span> not reflect the true costs and benefits of a product.</span>
Answer:
Prepare journal entries for each transaction wherever necessary.
Explanation:
October 15,2021
Retained Earnings 11.6*5*5% Dr.$2,900,000
Cash Cr.$2,900,000
Treasury Stock 100,000*31.4 Dr.$3,140,000
Cash Cr.$3,140,000
This correct answer is True
Answer:
The answer is $0.
Explanation:
Contributed service revenue or contributed revenue can be defined as the service or goods received with no payment or any other kind of exchange.
So in this question, the work from the volunteers and the film from CPA can be all accounted for contributed service revenue.
If we calculate them;
- The movie costs $60 per hour so at 60 hours, it would cost $3600.
- The 50 volunteers worked a total of 1000 hours, at $6 per hour, the total cost is $6000.
But since Unique Games are a non-profit entity, the amount they should recognize as contributed service revenue is $0.
I hope this answer helps.
Answer:
A. related-constrained
Explanation:
From our question, it is observed that businesses within an organization share some resources and technology. However, each business generates less than 40 percent of the sales revenue of the organization. This means that there is no dominant business within the organization.
The businesses operate on a scale of <em>Operational Relatedness</em>. This is the use of a related constrained diversification strategy to share activities among businesses.
Therefore, the firm is using the related-constrained diversification multiproduct strategy.