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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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Richard and Alice are divorced and under the terms of their written divorce agreement signed on December 30, 2011, Richard was r
murzikaleks [220]

Answer:

$10,800

Explanation:

Alice's gross income must include the money she received from Richard as part of their divorce settlement, excluding the amount set for child support:

Alice's gross income = 12 x ($1,500 - $600) = 12 x $900 = $10,800

The extra money that Richard gave Alice that was not part of the divorce settlement is not included in her gross income, since it is included in Richard's gross income.

4 0
3 years ago
You never give your employees gifts, but one of your employees always gives you gifts for holidays, birthdays, and boss' day. is
Colt1911 [192]
Technically speaking, it won't be wrong for you to accept the gifts.

You never giving any of your employees gifts show that you gave no 'special favor' to specific employees. It's a matter of ethical belief and your personal action
But you can't control other people's ethical belief, just like you can't control other people action's
8 0
3 years ago
Read 2 more answers
Able, Baker, and Charlie are the only three stocks in an index. The stocks sell for $94, $312, and $90, respectively. If Baker u
WARRIOR [948]

Answer: The new divisor for the price-weighted index is 0.77982

Explanation:

Divisor = [(94 + 312/2 + 90) / [(94 + 312 + 90) / 3]

= 0.77982

7 0
3 years ago
During each stage of a product's life cycle, the types and levels of sales, profits, and competition rise, peak, and eventually
Oliga [24]

Answer:

a

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4 0
3 years ago
The following data relate to the Torrence Company for May and August:
Zinaida [17]

Answer:

Total cost= $1,193,000

Explanation:

Giving the following information:

May August

Maintenance hours 25,000 29,000

Maintenance cost $1,175,000 $1,247,000

<u>First, we need to calculate the variable and fixed costs using the following formulas:</u>

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (1,247,000 - 1,175,000) / (29,000 - 25,000)

Variable cost per unit= $18

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 1,247,000 - (18*29,000)

Fixed costs= $725,000

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 1,175,000 - (18*25,000)

Fixed costs= $725,000

<u>Now, the total cost for 26,000 hours:</u>

Total cost= 725,000 + 18*26,000

Total cost= $1,193,000

7 0
3 years ago
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