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Deffense [45]
4 years ago
12

Which of the following are characteristics of public goods? Choose one or more: A. Individuals have an incentive not to pay for

a public good, even if they receive benefits from the good. B. The quality of public goods does not diminish when multiple people consume them. C. Public goods generally have a small value to society. D. There is usually no way to exclude people from consuming a public good, even if they refuse to pay for it.
Business
1 answer:
noname [10]4 years ago
3 0

Answer:

The correct answer is option A, option B, option D.

Explanation:

A public good can be defined as the good that a consumer can consume without reducing its availability to others. This non-rivalrous nature of public goods makes it difficult to exclude those who do not pay from consuming it.  

This makes public goods non-excludable in nature. The consumers can not be exempted even if they don't pay, so people have an incentive to consume without paying.  

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Dahasolnce [82]
B. Management practices
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4 years ago
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An increase in an effective minimum legal price will do what to prices and quantities actually sold in a market? Prices will ___
SOVA2 [1]

Answer:

The correct answer is A.

Explanation:

An increase in the minimum price will increase prices and quantities offered. A minimum price often is above the equilibrium price. As prices rise, quantity sold declines. The difference between offer and demand will generate an accumulation of stock.

3 0
3 years ago
A and B have agreed that A will befriend C in order to make C popular in exchange for B's payment of $500 to A. Is this a valid
fiasKO [112]
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4 years ago
Johan is the manager of CycleUp and has agreed to build a new manufacturing plant in Argentina. He realizes this decision will c
Brut [27]

Answer: Utilitarian

Explanation:

From the question, we are informed that Johan is the manager of CycleUp and has agreed to build a new manufacturing plant in Argentina and that he realizes this decision will cause him to shut down a small plant in Ohio, but he decides that since the new facility will cut his operating costs in half, that is worth more than closing a plant employing ten people

This is referred to as utilitarianism.

Utilitarianism seeks to make the society as a whole better even though it might comes as an expense to a few individuals for the larger society to enjoy.

7 0
3 years ago
The Molding Division of Cotwold Company manufactures a plastic casing used by the Assembly Division. This casing is also sold to
forsale [732]

Answer:

the effect on Molding Division’s net income if it accepts the $18 transfer price is $6 per unit

Explanation:

The computation of the effect on Molding Division’s net income if it accepts the $18 transfer price is shown below:

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So, the same is to be considered and relevant

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