Answer:
individuals will tend to become free riders, and private firms will have difficulty generating enough revenue to produce an efficient quantity of the good.
Explanation:
A public good is a good that is non excludable and non rivalrous. Everyone has assess to the statue and because one person is enjoying the view of the statue does not means another person cannot enjoy the view of the statue
The free rider problem is a form of market failure. It occurs when people benefit from a good or service of communal nature and do not pay to enjoy these services.
Because a public good is non-excludable, the problem of free rider increases so private firms would be unable to generate adequate revenue
<span>True. Many automobile companies offer adapted cars for disabled people, for example offering adjusted hand controls, altering access to the vehicle so it is wheelchair accessible or adjusting the space in the back of the vehicle so a wheelchair or mobility scooter can fit.</span>
Answer:
A. double
Explanation:
Rule 70 is used to calculate the numbers of years it takes for an investment or variable to double in value given a certain growth rate. In this case, the variable is prices and the growth rate is inflation rate. It is calculated by dividing number 70 by inflation rate.
For example;
Assume inflation rate is 6%, the prices will double in ; 70/6 = 11.7 years
And if inflation is 2%, the prices will double in 70/2 = 35 years
Answer: Holders of convertible bonds can choose how many shares of stock to receive at conversion
Explanation:
A convertible bond is a debt security that yields the payment of interest, but can also be converted into equity shares or common stock that are predetermined.
The option that holders of convertible bonds can choose how many shares of stock to receive at conversion is wrong. This is because the number I shares that will be eventually converted will already have been fixed.
Answer:
$26,830
Explanation:
Given that
Accounts Receivable balance = $17,470
Credit sales = $46,800
Collected accounts receivable = $37,440
The computation of Accounts Receivable balance is given below:-
= Accounts Receivable balance + Credit sales - Collected accounts receivable
= $17,470 + $46,800 - $37,440
= $64,270 - $37,440
= $26,830
