Answer:
Letter a is correct. <u>To the right of the social supply curve.</u>
Explanation:
In this situation, we can say that the correct alternative is that the company's supply curve will be to the right of the social supply curve. For when there is an external cost of producing a good, it means that there is a cost committed by third parties, that is, this cost has no direct relation to the production process of the good, but it can be said that the production of the organization goes beyond ideal social level of production, which causes an externality, as there are consequences for third parties on a decision which they did not participate in.
The non-corrosive material is Copper
copper is made of because of the naturally protective film that is formed on top of its surface which consists of <span>cuprous oxide (Cu </span>2<span>0).
This protective film prevents the corrosive process that started whenever a metal is in touch with oxygen or other aqueous substances.</span>
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Answer:
A court will most likely;
1. Allows the parties to rescind the contract.
Explanation:
The contract includes all the costs of insuring and shipping the painting from France to New York.
Since, the agent that made the shipping estimate makes a mistake when adding up the costs and, as a result, the shipping cost listed in the contract is $1,000 less than the actual shipping costs. A court will most likely allow the parties to rescind the contract because a part of the contract agreement has been breached in error.
Answer:
overapplied
Explanation:
When we say that manufacturing costs were overapplied, it means that at the beginning of the production process the estimated costs were too high. In other words, the budget considered that it would cost more money to produce the goods.
In this case, overhead costs tend to be overestimated and then overapplied because they rely on past data and efficiency can improve, which lowers costs; or the total production output can be lower than estimated, therefore the company incurred in less costs.
Depending on the cause of the actual lower costs it can be good or bad. If the costs were lower due to improved efficiency, then it is very good. But if the costs were lower due to a lower output, then that is not good.