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ikadub [295]
3 years ago
10

A corrective tax Select one: a. allocates pollution to those factories that face the highest cost of reducing it. b. works well

for all types of externalities. c. is inferior to regulatory policy according to most economists. d. is a form of regulation.
Business
2 answers:
JulijaS [17]3 years ago
5 0

Answer:

A) allocates pollution to those factories that face the highest cost of reducing it.

Explanation:

The purpose of corrective taxes is to mitigate and reduce the effects of negative externalities.

Negative externalities happen when innocent third parties are injured or suffer due to transactions carried out by other parties that do not include them.

Corrective taxes try to improve the well being of society and economic efficiency, and the most common examples are

The most famous type of corrective taxes are called Pegouvian taxes (developed by Pigou in 1920) and they focus on environmental issues. Pigou developed the concept of using taxes to correct negative environmental externalities such as pollution. E.g. they give factory owners an economic incentive to reduce pollution.

strojnjashka [21]3 years ago
4 0

Answer:

d. is a form of regulation.

Explanation:

A corrective tax is a market-based policy option used by the government to address negative externalities. Thus, the tax on these negative externalities is increased and thus could cause decreased production

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3 years ago
Keith and Dena Diem have personal property coverage with a​ $250 limit on​ currency, a​ $1,000 limit on​ jewelry, and a​ $2,500
netineya [11]

Answer:

Total Claim = $2416

Explanation:

The coverage on the currency = $250

The coverage on the jewelry = $1000

The limit on the gold, pewter, and silver = $2500

The amount that is stolen:

The amount of cash = $270

The worth of jewelry = $1734

Pewterware = $1666

The miximum coverage = 250 + 1000 + 2500 = $3750

Actual loss = 270 + 1734 + 1666 = $3670

Reimbursement amount = 250 + 1000 + 1666 = $2916

Total Claim = Total Amount Covered – Deductible  

Total Claim = $2916 - $500 = $2416

4 0
3 years ago
You are faced with the following alternative choices on Saturday afternoon. You can only do one of these activities. None of the
garri49 [273]

Answer:

Missing out on the benefits I get from working out using exercise equipment in my garage.

Explanation:

When an option is chosen from alternatives, the opportunity cost is the "cost" incurred by not enjoying the benefit associated with the best alternative choice. The New Oxford American Dictionary defines it as "the loss of potential gain from other alternatives when one alternative is chosen." Since Choice B is the next best choice to hiking, missing out on the benefits of working out will be my opportunity cost.

3 0
3 years ago
Which of the following journal entries represents an increase in accounts payable correctly
PtichkaEL [24]

Answer:

C) Inventory xxx Accounts Payable xxx

Explanation:

Accounts payable is a liability, and a liability always has a credit balance, as the amount is due to them. The company needs to pay them back.

Accordingly the company buys inventory and the inventory is an asset and thus, the company will debit the inventory account.

Whenever any purchases are made, or any service is utilized on credit then the company creates an accounts payable as a liability as against it.

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Direct Materials and Direct Labor Variance Analysis
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Answer:

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Explanation:

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