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Sergio [31]
3 years ago
7

Suppose that a mechanic owns a building and is renting part of the building's space to a library. Further suppose that because t

he mechanic is the owner, he has the right to make noise during the day while he fixes cars. While the library cannot insist on a quiet environment, it could move to a quieter building. However, rent in the next best building is $350/month more than rent in the noisy building. The mechanic can adopt a new technology that eliminates the noise for $275/month. Given this situation, can the library find a private solution with the mechanic that will make both better off?
Business
2 answers:
jonny [76]3 years ago
8 0

Answer:

The both can share the cost.

Explanation:

Since librarian is the person who is most affected by the noise made by mechanic work. And choosing other place will cost him $350 extra so therefore if librarian will share the most burden of $275 it will benefit both of them.  In this case the librarian does not have to spend $350 and the mechanic will be having a noise free workstation.

tankabanditka [31]3 years ago
7 0

Answer:

The correct answer is letter "B": Yes, but there is only a range of payments that the library will pay the mechanic to make them both better off.

Explanation:

The library must analyze the benefit/cost of the possible solution for the noise problem. A library itself cannot provide a noisy atmosphere to readers. Moving the library to the next best building implies spending $350 monthly more for rent. However, the mechanic can eliminate the noise with a device that costs $275 per month. Thus, the library should share the expenses with the mechanic for the noise-elimination device to reduce the costs of having a noise-free environment obtaining the benefit desired.

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WITCHER [35]

When the intervention rises the price stage of goods, then the incentive to supply extra desires increases and consequently growing manufacturers' surplus. So policy market can motivate both client and producer surplus.

A tax causes consumer surplus and producer surplus (earnings) to fall.. some of those losses are captured inside the tax, however, there may be a loss captured with the aid of no celebration—the value of the devices that could be exchanged had been there no tax. those lost gains from trade are called deadweight losses.

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Learn more about policy market here: brainly.com/question/25754149

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6 0
1 year ago
When a company does not have any convertible securities or options or warrants outstanding, the company has:
WITCHER [35]

Answer: Simple capital structure

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Hence , from the above we can conclude the right option is C.

6 0
2 years ago
Criminal law is concerned with a. the prosecution of private individuals by other private individuals. b. the prosecution of pub
Agata [3.3K]

Answer:

d.

Explanation:

Criminal law is a branch of the United States Justice System which deals with all types of crimes. Criminal law is mostly concerned with wrongs committed against the public as a whole. Such crimes include anything that can be perceived as being threatening or harmful to the property, health or safety of the population or an individual.

4 0
3 years ago
A favorable balance of trade exists when a country
mariarad [96]
Saves more than it spends.
5 0
2 years ago
A consolidation of two corporations usually requires all of the following except Approval by the board of directors of each corp
kotegsom [21]

Answer:

Receipt of voting stock by all shareholders of the original corporations.

Explanation:

A consolidation is when two or more companies come together to form a new legal entity.

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Company A and Company B ceases to exist.

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I hope my answer helps you.

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3 years ago
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