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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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When do credit card holders pay interest?
Tatiana [17]
Usually, it's over a monthly period.
Everybody's Credit is different, because people have different Credit Scores


Hope this helps!!
5 0
3 years ago
2 Jodi owns 112 shares of stock selling for $16.20. How many more shares can she purchase after receiving a dividend of $0.80 po
marusya05 [52]

Answer:

The number of new shares = 6

Explanation:

Dividend is the proportion of profit paid by a company to its shareholder as a form of return on their investment. Another form of return on share investment is the capital gain; which is the difference between the selling price of a share now and its cost when it was purchased.

<em>For Jodi, we need to first calculate the amount of dividends earned on the total shares she owns. And then divide the result by the current purchase price of a share to arrive at the number of shares she can buy more.</em> This is done as follows:

Total dividends =  112× 0.80 = $89.6

Current price of a share = $16.20

THe number of shares that can be purchased= 89.6/16.20=5.5

The number of new shares = 6

6 0
3 years ago
Jacques lives in San Diego and runs a business that sells boats. In an average year, he receives $728,000 from selling boats. Of
Gwar [14]

Answer:

1. <u>implicit cost</u>

2.<u> explicit cost</u>

3. <u>implicit cost</u>

4. <u>explicit cost</u>

Explanation:

Implicit costs refer to those costs that represent opportunity cost. In simple terms they are notional or those which haven't been actually incurred but considered.

Opportunity costs refer to the cost of sacrificed alternatives when an alternative is opted for. For instance, a student pursuing post graduation incurs implicit cost in the form of income foregone had he chosen to work instead for the same duration.

In the given case, the foregone rental income Jacques would've earned had he chosen to rent out his showroom represents opportunity cost or implicit cost.

Similarly, the salary Jacques sacrificed by working in boat business represents implicit cost.

The wages and utility bills that Jacques pays and wholesale cost which he pays represent costs which have actually been incurred, which are termed as explicit costs.

6 0
3 years ago
Future changes in automobile technology are likely to include
s2008m [1.1K]

Answer:    Flying cars??

Explanation: Im 99.9% sure it will happen.

8 0
3 years ago
From 1948 to 2003 the United States experienced an average real GDP growth rate of 3.5 percent and Guatemala had an average real
Luda [366]

Answer:

No, we can’t say

Explanation:

In this question, we are asked to decide if we can say that Guatemala’s standard of living grew more than that of the US’ standard of living between the years 1993 and 2003 given the pointers in the question.

We cannot say that this is correct because of the following reasons;

As observed from the question, the US growth rate was calculated between the years 1948-2003, which is indicative of a 55 year span. Now, comparing this with that of Guatemala, we can see that the span here is just 10 years I.e from 1993 to 2003.

Also, we were not provided with the population growth rate in both countries and this makes it difficult to judge which of the two countries have a better growth in terms of standard of living

5 0
3 years ago
Read 2 more answers
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