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3 years ago

In which of the case below is there the potential for a free-rider problem?

1 answer:

5 0

The possible problem of a free-rider befalls when those who avail of resources, well-founded, or services do not pay for them, which leads to an underprovision of those goods or services. For example, a free-rider may often ask for accessible parking lots from the ones who have already paid for them, in order benefit from free parking.

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An office building is which type of resource?

MakcuM [25]

It would be an informative resource

4 0

3 years ago

Read 2 more answers

Wyzard Corporation is a shipping container refurbishment company that measures its output by the number of containers refurbishe

trasher [3.6K]

Answer:

Revenue variance $1800 Favorable

Explanation:

Revenue variance is the difference between the actual revenue and the standard revenue from the actual units sold. It is can be determined as follows:

Revenue variance

Revenue from 32 units (32× 3,800) 121,600

Actual revenue 123,400

Revenue variance 1800 Favorable

Revenue variance $1800 Favorable

8 0

3 years ago

On January 1, 2021, the Excel Delivery Company purchased a delivery van for $153,000. At the end of its five-year service life,

I am Lyosha [343]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

On January 1, 2021, the Excel Delivery Company purchased a delivery van for $153,000. At the end of its five-year service life, it is estimated that the van will be worth $15,600.

Annual depreciation= 2*[(book value)/estimated life (years)]

Year 1= (153,000/5)*2= 61,200

Year 2= [(153,000 - 61,200)/5]*2= 36,720

Year 3= (55,080/5)*2= 22,032

Year 4= 13,219

Year 5= 7,932

Total= $141,103

5 0

3 years ago

Which one of the following is a claimed disadvantage of privatisation?

Serga [27]

Answer:

3. There will be less competition than when the industry was nationalized monopoly

Explanation:

Privatization transfers ownership of state-owned corporations or properties from the government to the private sector. The transfer is through the sale of government-held shares to another company or the general public.

Since state-owned enterprises are large corporations, privatization creates the possibility of forming private monopolies. The private monopolies are likely to dominate the market and stifle out the competition. They are also likely to increase prices as private business is profit-motivated, which is detrimental to consumers.

8 0

3 years ago

Damon convinced his aunt to lend him 2000 to purchase a plasma digital tv she has agreed to charge only 6 percnt simple interest

AnnyKZ [126]

Answer:

$120

Explanation:

In this question, we simply have to apply the simple interest formula which is shown below:

= Principal amount × rate of interest × time period

= $2,000 × 6% × 1 year

= $120

Simply we multiplied the principal amount with the interest rate and the time period so that the accurate amount can come.

So, $120 interest is paid for the year

7 0

4 years ago