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3 years ago

Because public goods are:

Business

1 answer:

nadezda [96]3 years ago

6 0

Answer:

The correct answer is

not excludable, people have an incentive to be free riders. (b.)

Explanation:

Excludability of a good or service is a property of the good or service that makes it impossible for a consumer who has not paid for it to have access to it, hence, a non-excludable good or service is one to which it is impossible to prevent access by people who have not paid for it.

Based on whether goods are excludable or non-excludable, goods can be divided into four categories; private goods, common-pool goods, club goods and public goods.

Public goods: public goods are also called collective goods or social goods. Example here are public parks, street lights, air, etc. In addition to being non-excludable, public goods are also non-rivalrious, meaning that the use of the good by one person does not limit the use by another, hence the free rider incentive applies.

For a better understanding, I suggest you look up the other types of goods I mentioned above.

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Pioneer Chicken advertises "lite" chicken with 30% fewer calories than standard chicken. When the process for "lite" chicken bre

zubka84 [21]

Answer:

$LL = 420 -3\frac{25}{\sqrt{25}}= 405$ represent the lower limit

$UL = 420 +3\frac{25}{\sqrt{25}}= 435$ represent the Upper limit

So then the limits for this case are (405, 435)

Explanation:

Let's define X as our random variable that represent the "number of calories for a chicken breast", and we have the following data:

$\bar X = 420 , \sigma= 25$

The select a sample of 25 chickens , n = 25. And we want to find the limits for a confidence interval within 3 deviations from the mean with z =3.

We assume that the distribution for X is normal. So then the distribution for the sample mean is also normal.

And for this case the confidence interval would be given by:

$(\bar X -z\frac{\sigma}{\sqrt{n}} < \mu < \bar X -z\frac{\sigma}{\sqrt{n}})$

So the limits are defined as:

$LL = \bar X -z\frac{\sigma}{\sqrt{n}}$ represent the lower limit

$UL = \bar X +z\frac{\sigma}{\sqrt{n}}$ represent the Upper limit

Since we have all the values given we cn replace like this:

$LL = 420 -3\frac{25}{\sqrt{25}}= 405$ represent the lower limit

$UL = 420 +3\frac{25}{\sqrt{25}}= 435$ represent the Upper limit

So then the limits for this case are (405, 435)

5 0

4 years ago

Speical Order Soni, LTD produces wall mounts for flat panel television sets. The forecasted income statement for 2017 is as foll

tino4ka555 [31]

Answer:

Explanation:

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3 years ago

A member in a cartel can earn more profits byA) charging a slightly lower price and raising production.B) producing less than th

zavuch27 [327]

Answer:

The correct answer to the following question is option A) charging slightly lower price and raising production .

Explanation:

A cartel can be defined as a group of firms , that join forces together to decide what level of output should be produced and at what prices they should be sold at. A cartel generally forms in oligopoly market where there are few firms in the market and they all have significant share in the market.

Reason why firms join forces together is because they want to have more dominant position in the market and increase the market power. So these type of cartels forms a monopoly n the market and earn high profits. But there are always chance of firms cheating each other in market, by either increasing the production or decreasing the price by a small percent, which will allow them to earn more profits.

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3 years ago

Currency Transaction Reports mandated by Anti-Money Laundering rules require a report to be filed in which of the following situ

oksian1 [2.3K]

Answer: A - Throughout the course of the trading day, an investor performs several cash transactions in his account which total $12,000.

Explanation: Currency Transaction Reports mandated by Anti-Money Laundering rules require a report to be filed when any of the below stated transactions occur in an account.

1. If the daily aggregate cash transactions of an individual exceeds $10,000

2. if 2 different transactions within a 12 months period seems related and their aggregate exceeds $10,000 must be reported.

3. Any suspicious customers action that suggest that they are laundering money or otherwise violating federal criminal laws and committing wire transfer fraud, check fraud, or mysterious disappearances should be reported

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3 years ago

Searls Corporation, a merchandising company, reported the following results for July: Number of units sold 2,700 units Selling p

melisa1 [442]

Answer:

$534,600

Explanation:

<em>Contribution margin = Sales - Variable Costs</em>

where :

Sales = 2,700 units x $664 = $1,792,800

Variable Costs = Costs of Goods Sold + Variable Selling Costs + Variable Administrative Cots

= 2,700 units x $405 + 2,700 units x $48 + 2,700 units x $13

= $1,258,200

therefore,

Contribution margin = $1,792,800 - $1,258,200 = $534,600

6 0

3 years ago