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Delvig [45]
3 years ago
12

When a good is nonexcludable: a. a free-rider problem will exist. b. consumers will pay the producers the market price for the g

ood. c. producers will produce too much of the good. d. production will be efficient. e. the good will tend to be overproduced.
Business
1 answer:
Rashid [163]3 years ago
7 0

Answer:

a free-rider problem will exist.

Explanation:

Non-Excluded goods are public goods that cannot exclude the use of a particular individual or group of persons. As a result, it is almost impossible to limit the consumption these types of goods. The Non-excludable goods contains:  

1)Common pool resources: fish stocks, timber, coal

2)Public Goods: air, national defense, television

The free rider problem is an economic phenomenon that manifests itself in the fact that the consumer of the public good tries to avoid paying it.The free rider problem arises when an individual is consciously unwilling to pay for the public good, expecting to receive benefits without any payment. One of the striking examples of the manifestation of the free rider problem that is connected to the provision of public goods is the phenomenon of evading of the citizens from paying taxes.

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Dash Plumbing is an established company with 12 employees and a small office in the suburbs of Atlanta. The company had an old c
olganol [36]

Answer:

The people at dash plumbing are in the market for a new copier

Explanation:

Since in the question it is mentioned that Dash publishing is an established company that has 12 employees and has a small office in Atlanta. Also the old copier breaks down and the resources to purchase

So the given situation represent that the dash plumbing people come in the market for a new copier and the same is to be considered

7 0
2 years ago
FordTech is a software company whose clients are based in France. The company has formed a team to decide the direction the orga
Tomtit [17]

Answer:

The correct answer is "corporate strategy"

Explanation:

FordTech is a software company whose clients are based in France. The company has formed a team to decide the direction the organization should take over the next five years. The focus of this team is to increase their clientele in Europe. The company is keen on taking advantage of the opportunities and avoiding threats in the changing environment. This team is involved in developing the corporate strategy  for the organization.

Corporate Strategy takes a group of people to take strategic decisions making by looking across all of a firm’s businesses to determine how to create the most value to achieve company objectives while achieving a competitive advantage.

4 0
3 years ago
Davy Company had a beginning work in process inventory balance of $32,000. During the year, $54,500 of direct materials was plac
daser333 [38]

Answer:

Option (b) is correct.

Explanation:

Given that,

Beginning work in process inventory balance  = $32,000

Direct materials was placed into production = $54,500

Direct labor = $63,400

Actual manufacturing overhead = $86,500

Jobs costing completed during the year = $225,000

Ending work in process inventory balance:

= Beginning work in process inventory balance + Direct materials was placed into production + Direct labor + Actual manufacturing overhead - Jobs costing completed during the year

= $32,000 + $54,500 + $63,400 + $86,500 - $225,000

= $11,400

8 0
3 years ago
On January 1, 2014, Dodd, Inc., declared a 15% stock dividend on its common stock when the fair value of the common stock was $3
jeka94

Answer: $540,000

Explanation:

Given that,

Fair value of the common stock = $30 per share

Common stock, $10 par value, authorized 200,000 shares;

issued and outstanding 120,000 shares  = $1,200,000

Additional paid-in capital on common stock  = $150,000

Retained earnings  = $700,000

Total stockholders' equity  = $2,050,000

Declared a dividend of 15%:

=  120,000 × $30 × 15%

= $540,000

Since, dividends are paid out Retained earnings. Therefore, retained earnings will decrease by an amount of $540,000.

7 0
3 years ago
PrimeFlix sells one-year online subscriptions for viewing classic movies. Customers are required to pay for the subscription at
LUCKY_DIMON [66]

Answer:

$3,000

Explanation:

Given that,

On April 1, 2021, total sales of one-year subscriptions = $12,000

Total number of months for which subscription is received = 12 months

Months Relating to year 2022 for which subscription received on 1 April 2021:

= From January 1, 2022 to March 31, 2022

= 3 Months

Deferred revenue is for the three months.

Therefore, the adjusted balance of Deferred Revenue on December 31, 2021 is as follows:

= Amount of subscriptions received × Time period

= $12,000 × (3 ÷ 12)

= $3,000

5 0
3 years ago
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