Government regulations help balance negative externalities such as no smoking rules enforced to mitigate the effects of second-hand smoke.
<h3>What is negative externality?</h3>
Negative externality is when the activities of producers or consumers negatively affect third parties not involved in production or consumption activities.
For example, smoking affects those who are not smoking. They are affected by the second-hand smoke. To prevent this, no smoking rules can be enforced.
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Answer:
A fruitworm infestation ruins a large number of apple orchards in Washington state.
Explanation:
The fruitworm infestation would reduce supply. The supply curve would shift to the left as a result.
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Answer:
$63,000
Explanation:
Straight line method charges a fixed amount of depreciation for the period the asset is used in the business.
Depreciation Expense = (Costs - Salvage Value) ÷ Estimated useful life
therefore,
2021
Depreciation Expense = $420000 ÷ 4 = $105,000
2022
One month has already expired, therefore the remaining useful life out of 6 years will be 5.
New Depreciable Amount = Cost - Accumulated depreciation to date
= $420,000 - $105,000
= $315,000
Depreciation expense = $315,000 ÷ 5 = $63,000
Conclusion :
the revised depreciation expense for 2022 is $63,000
Answer:
c. Correct billing problems without being prompted by the customer.
Explanation:
If a salesperson notices a billing error in an order, he or she should <u>correct billing problems without being prompted by the customer.</u> A Salesperson should act there after the notice and fix the billing problems for the customer as it may result in confusion later.
Answer:
the marginal utility from drinking one more glass of water is likely to be <u>needing to pee hugely</u> the marginal utility from going to one more movie.
Explanation:
