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4 years ago

An externality is

Business

1 answer:

pentagon [3]4 years ago

7 0

Answer:

The answer is "C", <u>a benefit or cost experienced by someone who is not a producer or consumer of a good or service.</u>

An externality affects to a third party that didn't choose to incur on it. It usually happens when the negative or positive externality impacts a third party that is not directly related to either the production nor the consumption process of a service or good.

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Which phrase defines gross domestic product (GDP)?

emmasim [6.3K]

B.

A is referring to trade in goods. C is the value of services but GDP refers to BOTH services and goods. D is referring to investments, but neglects the income retrieved from the production of goods and provision of services.

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3 years ago

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The Rasputin Brewery is considering using a public warehouse loan as part of its short-term financing. The firm will require a

marusya05 [52]

Answer

The answer and procedures of the exercise are attached in the image below.

Explanation

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4 years ago

In 2016, General Dynamics Corporation began selling a new line of products that carries a two-year warranty against defects. Bas

Shtirlitz [24]

Answer:

C) 38,000

Explanation:

The estimated warranty liability for 2017:

= [2016 sales x (first + second year warranty costs)] + [2017 sales x (first + second year warranty costs)] - (warranty expenses for 2016 and 2017)

= [$600,000 x (2% + 5%)] + [$800,000 x (2% + 5%)] - ($20,000 + $40,000)

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3 years ago

Please help me ASAP<br> i will give brainliest

yaroslaw [1]

Answer:

Explanation:

The equation of any straight line, called a linear equation, can be written as: y = mx + b, where m is the slope of the line and b is the y-intercept. The y-intercept of this line is the value of y at the point where the line crosses the y axis.

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3 years ago

1. Antonio orders 50 bottles of wine from a French distributor at a price of $30 per bottle. 2. A U.S. company sells 200 spark p

vodomira [7]

Answer: consumption= 2500, imports = 1500, exports = 1000, net exports= -500, GDP = 2000 , investment =0, government purchases =0

Explanation:

this question is incomplete. in complete question we have to calculate consumption (C), investment (I), government purchases (G), imports (M), exports (X), net exports (NX) and gross domestic product (GDP) using the given information and abbreviation.

1. Antonio order will be considered as imports which are 50*30=1500

2. exports by US company spark plug selling to Korean are considered as X which are 200*5= 1000

3. net exports = exports - imports

NX = X - M ,

-500 = 1000-1500

in a nutshell, the economy is in deficit of 500

total C is 1500+ 1000=2500

GDP = C+ I + G + NX

GDP =2500 +0+0+ (-500)

GDP =2000

GDP is the value of final good and services which are produced within the boundary of an economy .

this question is about open economy because it includes exports and imports . this freely trade between different countries is considered as open economy .

no information is given for investment (I), government purchases (G) so these will be taken as 0

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4 years ago