Answer:
The correct answer is letter "D": part of the doctrine of stare decisis.
Explanation:
Stare decisis is a practice in Law by which courts must follow similar past cases -called precedents- when making the final decision of the case they have in front. Those cases are typically complicated to rule out, then, Courts consider past similar decisions to adapt the previous criteria determined to their cases.
Answer:
D. When ITQs are used, no one has an incentive to cheat and exceed the quota.
Explanation:
As ITQs (individual transferable quotas) were initially created by the government to regulate an above all, social affair, which is related to the share in the total allowable catch of fish (species).
Since some of the fishermen have lower and some have higher marginal costs of "producing" fish, they trade ITQ's between themselves, with those who have high marginal costs selling ITQs to those that have low marginal costs. Also, the marginal private cost now becomes determined by the initial marginal private cost of the fish, plus the <u>price of the ITQ</u>. Then, it becomes known as the marginal social cost.
The equilibrium for the ITQ price is the difference between the <em>marginal social benefit</em> and the marginal cost. With the base marginal private cost becoming the marginal social cost, no one has the incentive to exceed the quota, as that would make the marginal cost go higher than the price, and the marginal profit lower. This notion creates the equality between self-interest and social interest.
Answer:
The correct answer is B) The appropriateness of interventions
Explanation:
Managed care is evolving in many countries around the world.
One of the ways in which changes are becoming more prevalent is in the managed care industry is that due to competition, that players are beginning to take seriously the quality of health care being given to enrollees.
All of this is happening simultaneously with the bid to provide these services at the lowest cost possible with providers playing for marketing share.
In Managed care, if customers are treated fairly, they are most likely to return thus creating the possibility for sustained organic growth.
Cheers!
Answer:
A.
Dr Vacation pay expenses $40,000
Cr Vacation pay payable $40,000
B.
Dr Pension expenses $222,750
Cr Cash $185,000
Cr Unfunded pension liability $37,750
Explanation:
Regling Company Journal entries
A.
Dr Vacation pay expenses $40,000
Cr Vacation pay payable $40,000
B.
Dr Pension expenses $222,750
Cr Cash $185,000
Cr Unfunded Pension liability $37,750
