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Alja [10]
3 years ago
7

Is the externality positive or negative? Explain. Identify the socially optimum output. Explain how you determined your answer.

Suppose that banana oil is produced by a profit-maximizing monopoly. Answer each of the following. i. Identify the unregulated firm’s output. Explain how you determined your answer. ii. To produce the socially optimum output, should the government tax or subsidize the firms in the banana oil industry? If so, how much should the tax or subsidy be? Suppose that banana oil is produced in a perfectly competitive industry. Answer each of the following. i. Identify equilibrium output in the absence of regulation. Explain how you determined your answer. ii. To produce the socially optimum output, should the government should tax or subsidize the firms in the banana oil industry? If so, how much should the tax or subsidy be?
Business
1 answer:
tankabanditka [31]3 years ago
4 0

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Your uncle has $375,000 and wants to retire. he expects to live for another 25 years, and he also expects to earn 7.5% on his in
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The formula of the present value of an annuity ordinary is
Pv=pmt [(1-(1+r)^(-n))÷r]
Pv present value 375000
PMT withdrawal amount ?
R interest rate 0.075
N time 25 years
Solve the formula for PMT
PMT=Pv ÷ [(1-(1+r)^(-n))÷r]
PMT=375,000÷((1−(1+0.075)^(
−25))÷(0.075))
=33,641.50.....answer
7 0
3 years ago
Read 2 more answers
Suppose that a demand curve exhibits two points. Initially, at price P 0 , the quantity demanded is Q 0 . When price changes to
dsp73

Answer and Explanation:

The formula to compute the price elasticity of demand is as follows:

= Percentage change in quantity demanded ÷ percentage change in price

At Price P0, the Quantity demanded is Q0

And,

At Price P1, the Quantity Demanded is Q1

Just like this, it could be computed

\frac{Q_1 - Q_0}{(Q_1 + Q_0)/2} divided by \frac{P_1 - P_0}{(P_1 + P_0)/2}

4 0
3 years ago
The process of defining the objectives of a company and then developing a method to achieve those objectives is known as:_______
Makovka662 [10]

The process of defining the objectives of a company and then developing a method to achieve those objectives is known as:<u> Strategic planning</u>.

<h3>What is Strategic planning?</h3>

Strategic planning can be defined as the process of setting up an objectives or goals and then planning how to achieve the sets objectives and goals.

A company or an organization that want to achieve their future goals must tend to make use of Strategic planning.

Therefore The process of defining the objectives of a company and then developing a method to achieve those objectives is known as:<u> Strategic planning</u>.

Learn more about Strategic planning  here:brainly.com/question/24864915

#SPJ1

7 0
1 year ago
Camille's Creations and Julia's Jewels both sell beads in a competitive market. If at the market price of $5 both are running ou
STALIN [3.7K]

Answer:

The correct answer is option a.

Explanation:

Camille's Creations and Julia's Jewels are both selling beads in a competitive market. The market price of beads is $5 for both.

At this price level, they can't keep up with the quantity demanded. This implies that the quantity they are supplying is lower than what is being demanded.

We know that there's a positive relationship with the price level and the quantity supplied of a firm. So to increase the quantity supplied, the firm will increase its price. It will then reach the point of equilibrium where quantity supplied and quantity demanded are equal.

4 0
3 years ago
The following statements are all examples of _____ pricing.
dmitriy555 [2]
The answer is promotional pricing! Hope this helps!
7 0
3 years ago
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