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2 years ago

What is the difference between command-and-control policies and market-based policies toward externalities?

Business

1 answer:

Allushta [10]2 years ago

5 0

Answer:

Command & Control are regulatory mechanisms. Market Based Policies are incentive based mechanisms.

Explanation:

Command & Control ; Market Based Policies - are approaches used to solve the market failure from Externalities (Eg: Negative Externality - Pollution).

Command & Control : implies setting maximum ceiling limit of releasing negative externality (eg - harmful pollutant gases, here) by all individual firms. As mentioned, it has regulation in its essence.

Market Based Policies : imply setting of maximum ceiling limit for 'all as a whole' & allowing them to trade permits for releasing - harmful pollutant gases. Here; the opportunity control of each emission is - lost extra tax paid, lost subsidy, lost price at which that emission could be sold in market.

So, externality reduction in this case is not owing to any regulation, but self incentive of monetary gain in this case.

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On January 1, 2017, Windsor Corporation sold a building that cost $271,010 and that had accumulated depreciation of $101,000 on

Paladinen [302]

Answer:

= $31,538

Explanation:

At what amount should the gain from the sale of the building be reported ?

Book value of the building at January 1, 2017 will be calculated by =

Cost of the building - Depreciation

271,010 - 101,000 = $170,010

Windsor sold the building for 261,010 due o January 1,2020, which is exactly three years after the date it was sold.

To find out the gain or loss, we will calculate the present value of the amount paid to Windsor Corporation at January 01, 2017.

Present value = $\frac{Future Valye}{(1+r)^{2}}$

Note due in 3 years,

PV = $\frac{261,010}{(1.09)^{3} }$ = $201,548

The Present value is greater than the book value of the building at January 1,2017, so we have a gain on sale of the building, which is calculated by:

Gain on sale of building = $201,548 - $170,010

= $31,538

Windsor Corporation will report a gain on sale of building of $31,538.

8 0

3 years ago

Which of the following statements is true of an activity-based costing system?

eimsori [14]

Answer:

The correct answer is A. It uses separate predetermined overhead allocation rates for each activity.

Explanation:

he ABC cost model allocates and distributes indirect costs according to the activities carried out in the process of manufacturing the product or service, identifying the origin of the cost with the necessary activity, not only for production but also for distribution and sale; The activity is understood as the set of actions that aims to incorporate added value to the product through the manufacturing process. Complementing the definition of activity, it should be mentioned that the ABC Model is based on the fact that products and services consume activities, and these in turn are the ones that generate costs.

7 0

3 years ago

Vandy Corporation's balance sheet and income statement appear below: Comparative Balance Sheet Ending Balance Beginning Balance

Burka [1]

Answer:

See below the statement of Cash flow from Vandy Corporation.

Explanation:

Vandy Corporation

Statement of Cash Flow

CASH FLOW FROM OPERATING ACTIVITIES:

Net Income $104

Adjustments to reconcile net income to net cash provided by operating activities:

Depreciation on Fixed Assets ($349-$319+$12) $42

Gain on Sale of Equipment ($16)

(Increase) Decrease in Current Assets:

Accounts Receivables $12

Inventory $2

Increase (Decrease) in Current Liabilities:

Accounts Payable ($1)

Accrued Liabilities ($1)

Income taxes payable $4

Net Cash provided by Operating Activities $146

CASH FLOWS FROM INVESTING ACTIVITIES:

Proceeds from sale of Equipment $18

Purchase of Property, plant and equipment ($684-$550+$14) ($148)

Net Cash Flow from Investing Activities ($130)

CASH FLOWS FROM FINANCING ACTIVITIES:

Bonds Payable $13

Issuance of Common Stock $1

Payment of Dividends ($28)

Net Cash from Financing Activities ($14)

Net Increase (Decrease) in Cash $2

Opening Cash Balance $29

Ending Cash Balance $31

6 0

3 years ago

Alicia heard that as a general rule, she should spend no more than one week's pay on rent. If Alicia's pay is $35,256 per year,

Nastasia [14]

If Alicia pay per year is $35,256 and there are twelve months in a year, then her monthly salary is $35,256/12 = 2,938.
This means that Alicia earns $2, 938 each month.
Conventionally, there are four weeks in a month, thus, Alicia earns $2,938/4 = 734.50. This means that, Alicia earns $734. 50 each week and this is the amount that Alicia is expected to spend on rent on a monthly basis.

8 0

3 years ago

Read 2 more answers

if an organization (school, campus, or house of worship) wishes to prepare and plan for mass casualty incidents, an effective ap

Brilliant_brown [7]

An organization (school, campus, or house of worship) wishes to prepare and plan for mass casualty incidents. Work with community partners to create a plan that includes protective actions to reduce vulnerabilities, response actions to minimize negative consequences, and post incident actions to promote community recovery. Hence, Option A is correct.

<h3>What are community partners?</h3>

Community partners are those who work in partnership towards the completion of the same goal. They work with the relationship in which a worker forms a relationship with another service provider.

It is a kind of informal support that a person gets from family, friends, co-workers, and many more. If it is a formal agreement, then it is between two agencies that share the same client.

Thus, Option A is correct.

Learn more about community partners from here:

brainly.com/question/15083204

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The complete question is attaché in text form:

Situation: An organization (school, campus, or house of worship) wishes to prepare and plan for mass casualty incidents. Select the most effective approach from the options below:

A. Work with community partners to create a plan that includes protective actions to reduce vulnerabilities, response actions to minimize negative consequences, and post incident actions to promote community recovery.

B. Use an existing plan from a comparable organization in another district or state, being careful to select an organization that has experienced a mass casualty incident in the past.

C. Rely on internal staff to create a plan for protecting the organization from attacks, and then present the finished plan to local officials and response agencies for approval.

D. Request law enforcement personnel to develop a separate plan for mass casualty incidents for the organization.

8 0

1 year ago