Answer:
D.) producer surplus equals the total amount firms receive from consumers minus the cost of production
Answer:
$28,560
Explanation:
Calculation for the carrying value of the note receivable on Park’s December 31, 2019, balance sheet
Using this formula
Carrying value of note receivable =Present value of the note +(Imputed interest rate ×Present value of the note )
Let plug in the formula
Carrying value of note receivable=$25,500+(12%×$25,500)
Carrying value of note receivable=$25,500+$3,060
Carrying value of note receivable=$28,560
Therefore the carrying value of the note receivable on Park’s December 31, 2019, balance sheet will be $28,560
Answer:
Check the explanation
Explanation:
The raw material that was used during the month is calculated by adding beginning inventory with purchases and deducting the ending inventory from it.
Here from the below equation, only the purchase are not given, so we put the figures in the formulas and get the amount of purchases.
The beginning and ending balance are also given only purchases are rising, which can be calculated as given above.
Kindly check the workings in the attached image below.
Answer: equals the marginal benefit received by consumers of the good plus the marginal benefit to third parties.
Explanation:
An Externality refers to the effect that a third party to a transaction receives even though they were not party to the transaction. When this effect is positive, the effect will be a benefit.
The Marginal social benefit refers to all benefits received from a positive externality which means that this includes the marginal benefits provided to consumers of the good as well as the marginal benefit to third parties.
Answer: In this case,from the given comprehension we are required to improve the efficiency of PhishCo's farms. Since, we are given that PhishCo runs a number of farms depending largely on the irrigation.
Also in order to increase efficiency and production, it plans to drill down to an aquifer containing warm, slightly salty water that will be used to raise fish in ponds. Further using this water to irrigate vegetable fields.
Therefore, from the given options, it can be clearly stated that Organic waste from fish in the pond water will help to fertilize fields where it is used for irrigation, thus increasing the overall efficiency.
i.e. <u><em>Option (c) most strongly suggest that the plan, if implemented, would increase the overall efficiency of PhishCo's farms</em></u>