Answer:
a. the marginal costs of damages are steep and the marginal costs of pollution reduction are relatively stable.
Explanation:
Pollution can be defined as the physical degradation or contamination of the environment through an emission of harmful, poisonous and toxic chemical substances.
Offset trading refers to a type of trading system that is typically designed for the realization of more efficient pollution control.
This ultimately implies that, an offset trading is a strategic program that allows emerging business firms to pay existing business firms in order to significantly reduce their emissions or pollutants below a specific standard.
Free market in tradable pollution permits simply means giving manufacturing companies and individuals the legal right to pollution of the environment. For example, XYZ company is purchasing the permit of 500 units of carbon dioxide (CO2) pollution annually, this simply means it is permitted to pollute the environment by 500 units of CO2 annually.
Additionally, a free market in tradable pollution permits has some sort of benefits as companies can resell their unused permits or devise a cheaper means of reducing pollution. It also compensate companies that significantly reduces its pollution of the environment.
A pollution tax can be defined as a type of tax imposed on business firms that causes pollution and damages to the environment. It is also referred to as Pigovian tax which is a tax on goods with negative externality.
Hence, tradable permits when compared with pollution tax are likely to result in less inefficiency, when the marginal costs of damages are steep and the marginal costs of pollution reduction are relatively stable.
Anton needs to identify the eight different scoring statistics for all the players on his school’s basketball team. Which graphic organizer would be best for this assignment?
Answer: A. Chart
Out of the options, A. a chart is the best option because it allows you to break down all of the scoring statisics for each player on the school's basketball team. Organizating the statistics by player and their ranges in a chart makes it easier to understand and utilize the information collected.
Answer:
$50,100
Explanation:
Given that
Acquired value of a financial asset other than principal market = $50,000
Sale value of the identical instrument in principal market = $50,100
Transaction cost = $200
For reporting the fair value, we have to exclude the transaction cost i.e $200 and consider that cost which is to be received while exchanging i.e $50,100
This sale value would be equal to the fair value i.e $50,100 should be reported as a fair value
Answer:
Dr Cash 11,000
Dr Accumulated Depreciation-Equipment 20,000
Equipment 31,000
Explanation:
Preparation of the Journal entry to record the disposition of the equipment
Since we were told that Lewis Company sold
the equipment for the amount of $11,000 in which the Accumulated Depreciation on the equipment to the date of disposal was the amount of $20,000 this means the journal entry to record the disposition of the equipment will be :
Dr Cash 11,000
Dr Accumulated Depreciation-Equipment 20,000
Equipment 31,000
(20,000+11,000)
Answer:
A. Expensed when incurred.
Explanation:
An incurred expense is basically the cost that are unpaid for. Paid expenses are incurred expenses once you paid for it (Eg credit card).
