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Sav [38]
3 years ago
10

Problems and applications q6 darnell loves playing rock 'n' roll music at high volume. jacques loves opera and hates rock 'n' ro

ll. unfortunately, they are next-door neighbors in an apartment building with paper-thin walls. in this case,darnell imposes anegative externality on his neighbor in the form of noise pollution. why might a command-and-control policy that forbids music to be played above a certain decibel level lead to an inefficient outcome? it is unfair because such policy would restrict darnell's activity but not jacques's. an efficient outcome can only be achieved if everyone can do what they love. darnell playing his music loudly does not do any harm if jacques is not home. suppose the landlord lets the tenants do whatever they want. true or false: according to the coase theorem, darnell and jacques might not be able to reach an agreement if the transaction costs are high.
a. True


b. False
Business
1 answer:
mafiozo [28]3 years ago
7 0

Answer:

false

Explanation:

The Coase theorem states that parties in dispute should seek an optimal solution to their problem regardless of how property rights were initially distributed.

In this case, you need to find an agreement that satisfies both Darnell and Jacques regardless of who initially would have been considered to be right about the argument. Conflicts over rights to use property can be solved when parties settle on the efficient use of inputs. E.g. they could establish hours at which Darnell can listen to rock n' roll, and other hours when he shouldn't. That way both of them can enjoy the music they like and not bother the neighbors.

An optimal solution can always be reached regardless of initial distribution of rights.

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How many employees should you assign to picking an order to ship a total of 107520 units for the shift?
solmaris [256]

In order to ship 107520 units, 107520 units need to be picked as well

In the Picking team, 1 worker picks 210 units in 1 hour

So, the number of units picked by 1 worker in a shift of 8 hours = 210 * 8 = 1680 units

So, the number of employees required to be assigned to the Picking team = Quantity to be picked / Number of units picked by 1 worker in a shift of 8 hours = 107520 / 1680 = 64.03571 = 64

The number of employees to be assigned to picking in order to ship a total of 107,520 units for the shift is 64.

The gadgets for measuring periods are millimeter (mm), centimeter (cm), meter (m), and kilometer (km). The devices for measuring weight are kilogram (kg) and gram (g). The gadgets for measuring extent are milliliter (ml) and liter (L).

While the costs or value of manufacturing of an item is divided by means of the quantity, the end result is called a unit fee. Context: The unit price of a set of homogeneous products is the entire fee of the purchases/sales divided with aid of the sum of the quantities.

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4 0
1 year ago
Suppose that Juan Carlos is filling out a survey that he received in the mail. The survey would do if the price of his favorite
GaryK [48]

Answer:

A. The definition of a market in determining the price elasticity of demand.

Explanation:

Price elasticity of demand is the height of responsiveness of demand or purchase to changes in price. It shows how consumers or buyers would react to the demand for a product when the price of their favourite brand increases.

Reaction of consumers in the market place is one of the determinants of price elasticity of demand. It tells how buyers will switch to different brand of products if the price of their favourite brand increases. It also shows how consumers will adjust their spending abilities if the price of all the brands are increased at the same time.

Alternatively, consumers would demand for the brand that falls within the limit of their spending.

4 0
3 years ago
Eileen is setting up a company in QuickBooks Online and needs to fill in opening balances for vendors. What is the best way to r
Vsevolod [243]

The best ways is to fill in the opening balance in the vendor details dialogue box. This method is quick, and one may finish it when one create the vendor.

The Vendor Balance Summary report summarizes the company's obligations and overpayments to certain vendors. The overarching goal of this report is to identify accounting irregularities. View the Vendor Balance Detailed report for further information on the vendor's balance.

The following information is included in the report:

  • Vendor: Either the vendor indicated in the preceding filtering choices or all suppliers accessible to the firm.
  • Balance: The amount owed to a certain vendor or the credit/overpayment amount (marked with brackets).
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6 0
1 year ago
Calculate the IRR of a machine that is purchased for $5,500, sold at the end of year 4 for $2,500, and produces the following ca
prohojiy [21]

Answer:

2.21%

Explanation:

The internal rate of return is the rate of return on the project where the present value of future cash flows equals the initial investment outlay. It is known as the break-even discount rate since, at IRR, the net present value is zero.

The IRR can be determined using the excel IRR function as shown thus:

=IRR(values)

values are the cash flows from years 0-4

Find attached excel file for IRR computation

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5 0
2 years ago
Albert, billy, and cathy share profits and losses of their partnership as? 1:4:3, respectively. if the net income is? $30,000, c
Luba_88 [7]
<span> In order to clearly determine how Albert, Billy and Cathy share the profits and losses of their partnerships, we can convert the ratios into fractions. We do this by adding total ratio terms to get the whole. For example the total that is derived from the ratio 1:4:3 is 1+4+3 which gives 8. Since we have been given the profit that is to be shared between the three partners, all we have to do is multiply the total profit ($30,000) by each person's fraction. Albert's share of the profits is (1/8*30000) which gives $3750.</span>
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3 years ago
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