Answer:
The answer is: B) Firm A will emit 20 fewer tons of pollution into the air, and Firm B will emit 100 fewer tons of pollution into the air.
Explanation:
Firm A should buy all of firm B's pollution permits, (for 40 tons total). Firm B will make a profit if it sells its 40 pollution permits for more than $100 each, and firm A will reduce costs if it can buy pollution permits for less than $200 each.
After they trade, firm A will be able to emit 80 tons of pollution to the air (40 + 40) and firm be will emit 0 tons of pollution.
<span>This is an example of the financing portion of a business model. There are a few ways for a business to obtain the capital needed to open the doors and start their business. Loans or debt is one of the ways that is usually sought when attempting to start a business, this is classified as a liability on the balance sheet. Another way a business can secure money for a business is through equity, this is done through money from the owners pockets, or other partners that want a stake in the ownership of the business. This is shown as stockholder's equity on the balance sheet.</span>
Answer: 1. A - Describe how the individual pursuit of self-interest works to promote the interest of the public as a whole
2. A- Both Adam Smith and Karl Marx believed that humans are motivated by self-interest
Explanation:
1. According to Adam Smith who is known as the father of modern economics stated in his thesis that individual's self-interest and freedom of production as well as consumption is in the best interest of the society as a whole.
Each Individual's free exchange creates signals about which goods and services are valuable. These signals will spontaneously direct competing consumers, producers, distributors, and intermediaries—each pursuing their individual plans— to fulfill the needs and desires of others.
Smith’s invisible hand became one of the primary justifications for an economic system of free market capitalism.
2. Pairing that best describes Adam Smith's view of human motivation in a market economy and Karl Marx's view of human motivation in a communist economy: Both Adam Smith and Karl Marx believed that humans are motivated by self-interest as they both believe that the economy is a capitalist economy that all its good and services are in the hands of private individuals.
Answer:
Results are below.
Explanation:
Giving the following information:
Initial investment (PV)= $2,000
Number of periods (n)= 5*12= 60 months
Interst rate (r)= ?
<u></u>
<u>Suppose an interest rate of 8% compounded monthly.</u>
<u>First, we need to determine the monthly interest rate:</u>
i= 0.08/12= 0.0067
<u>To calculate the future value after 5 years, we need to use the following formula:</u>
<u></u>
FV= PV*(1+r)^n
FV= 2,000*1.0067^60
FV= $2,985.62
