Answer:
$5,140
Explanation:
Data provided in the question:
Uncollectible Accounts receivable = $5,800
Balance of Accounts Receivable = $108,000
Allowance for Doubtful Accounts = $660
Credit sales during the year = $166,000
Now,
Bad debt expense = Uncollectible Receivables - Allowance of doubtful debts
or
Bad debt expense = $5,800 - $660
or
Bad debt expense = $5,140
Answer: Maximize joint welfare in respective or the right owner.
Explanation: A coase solution to a problem of externality insures that a socially efficient outcome is to maximize the joint welfare, irrespective of the right of ownership.
The Coase theorem states that when transaction cost are low, two parties will be able to bargain and reach an efficient outcome in the presence of an externality.
Answer:
If computers are produced mostly by capital and beer is produced mostly by labor, the H-O model predicts that
Germany will export computers in exchange for beer.
Explanation:
The H-O model or Heckscher-Ohlin theory is an economic model about the comparative advantages of nations in international trade. The model tries to explain the equilibrium of trade existing between two countries that have varying specialties and natural resources. According to the H-O model, countries export more goods and services for which they have plenty resources than they do for goods and services for which they have scarce resources. For example, if a country has capital in abundance, it will export more of capital-intensive products while it will import labor-intensive products, because it has scarce labor resources.
<span>When museums charge a lower admission fee to students and senior citizens, this form of pricing is known as price discrimination.
Price discrimination is a way of changing the prices for something based on time of day, amounts sold, or who they are sold to. This type of discrimination is done to try and maximize profits in the largest way possible. </span>
The perception of Jensen to blame the management regarding the unavailability of resources is a representation of defensive bias.
<h3>What is bias?</h3>
A bias is a partial psychological orientation, which represents favor towards a particular thing or condition.
When someone does want to blame himself for not being able to complete the tasks being assigned, such a person will represent a defensive bias, so that he diverts the blame from himself.
Hence, the defensive bias of Jensen is represented in the situation as aforementioned.
Learn more about bias here:
brainly.com/question/1236875
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