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stiv31 [10]
3 years ago
11

Suppose that smoking creates a negative externality. If the government does not interfere in the cigarette market, then a. the e

quilibrium quantity of cigarettes smoked will equal the socially optimal quantity of cigarettes smoked. b. the equilibrium quantity of cigarettes smoked will be greater than the socially optimal quantity of cigarettes smoked. c. the equilibrium quantity of cigarettes smoked will be less than the socially optimal quantity of cigarettes smoked. d. There is not enough information to answer the question.
Business
1 answer:
Alexxx [7]3 years ago
5 0

Answer:

b. the equilibrium quantity of cigarettes smoked will be greater than the socially optimal quantity of cigarettes smoked.

Explanation:

A negative externality occurs when the costs of economic activities to third parties not involved in economic activities are greater than the benefits.

Negative externality are usually overproduced in the economy. so, the equilibrium quantity of cigarettes smoked will be greater than the socially optimal quantity of cigarettes smoked.

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Soprano Corporation allocates administrative costs on the basis of staff hours. Short-run monthly usage and anticipated long-run
Nuetrik [128]

Answer:

$850,000

Explanation:

Total Hours of Department 1=$80,000+$90,000

=$170,000/$200,000*1000,0000

8 0
3 years ago
The difference between a​ firm's operating income and income before taxes is​ _____. The difference between a​ firm's ​before-ta
monitta

Answer: Option A

Explanation: Operating income refers to the income that the company earns from performing its core operations. It is also denoted as EBIT. Thus, the difference between operating income and income after tax is the tax that has been deducted from the operating income.

While calculating accounting profit, opportunity cost is not deducted from the revenue hence before tax and after tax depicts the investments that were made to earn that profit.

3 0
3 years ago
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Sofia is a lesbian. she is an employee in the sales department of northern motors. her supervisor constantly tells her that she
Jobisdone [24]
Is it HARASSMENT!????
7 0
3 years ago
You are considering adding a microbrewery on to one of your firm's existing restaurants. This will entail an increase in invento
Contact [7]

Answer:

The change in net working capital resulting from the addition of the microbrewery is $5,500 (decrease)

Explanation:

There are 3 key elements of working capital. These are;

  • Inventory
  • Accounts payable
  • Accounts receivable

Given;

increase in inventory = $8,000

increase in Accounts payable = $2,500

Change in net working capital resulting from the addition of the microbrewery = -$8,000 + $2,500

= -$5,500

8 0
3 years ago
Company C&A sells 600 bottles of a dietary supplement per week at $100 per bottle. The supplement is ordered from a supplier
Katen [24]

Answer:

A. 300

Explanation:

The computation of the economic order quantity is shown below:

= \sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost}}{\text{Carrying cost}}}

where,

Annual demand = 600 bottles × 50 weeks = 30,000 bottles

Carrying cost per bottle = $50 × 40% = $20

And, the ordering cost per order is $30

Now put these values to the above formula  

So, the value would equal to

= \sqrt{\frac{2\times \text{30,000}\times \text{\$30}}{\text{\$20}}}

= 300 bottles

Hence, option A is correct

3 0
3 years ago
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