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3 years ago

The Coase theory suggests that private markets may not be able to solve the problem of externalities

Business

1 answer:

olga nikolaevna [1]3 years ago

3 0

Answer: A. When the number of interested parties is large and bargaining costs are high.

Explanation:

The Coase Theorem is a legal and economical theory used to describe competitive markets. When the competitive markets are high, bargaining costs are high because each company is is fighting for use of the production and distribution channels. There are efficient input and output levels in a competitive market.

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In the context of consumer behavior (CB), researchers derive meaning from talking to people and observing their behavior rather

Mariulka [41]

Answer:

The correct answer is (b)

Explanation:

Interpretive research is based on predicting and analysing consumer behaviour based on the socio-historic context. This is an old technique to use historic data to predict human behaviour which is not feasible to apply in today's world because people, their living styles everything has changed. Now, researchers try to predict a phenomenon and consumer behaviour by talking to them rather analysing in a socio-historic context.

5 0

3 years ago

Massena Corporation reported the following data for the month of February:

Elodia [21]

Answer:

$186,700

Explanation:

The computation of adjusted cost of goods sold is shown below:-

Before that we need to do the following calculations

Raw material consumed = Beginning raw material + Raw material purchases - Ending raw materials - Raw materials included in manufacturing overhead costs as indirect materials

= $40,000 + $63,000 - $24,000 - $5,000

= $74,000

Total manufacturing cost = Beginning work in progress + Raw material consumed + Direct labor cost + Manufacturing overhead cost - Ending work in progress

= $23,000 + $74,000 + $73,700 + $48,000 - $17,000

= $201,700

Unadjusted Cost of goods sold = Raw materials + Total manufacturing cost - Ending finished goods

= $50,000 + $201,700 - $72,000

= $179,700

Adjusted COGS = Unadjusted Cost of goods sold + Underapplied overhead

= $179,700 + ($55,000 - $48,000)

= $179,700 + $7,000

= $186,700

6 0

3 years ago

Under AICPA rules, which statement best describes the period of the professional engagement as it applies to a three-year engage

gizmo_the_mogwai [7]

Answer: The correct answer is "D. It begins when the engagement letter is signed and continues until the report for the third year is issued unless the relationship is terminated sooner.".

Explanation: The statement "It begins when the engagement letter is signed and continues until the report for the third year is issued unless the relationship is terminated sooner." best describes the period of the professional engagement as it applies to a three-year engagement to audit client's financial statements since this type of professional commitment begins with the signing of the document that formalizes the commitment and is in force until the issuance of the last report unless the relationship is resolved beforehand by another circumstance.

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3 years ago

Labor unions generally prefer it if an international business keeps highly skilled tasks in its home country and farms out only

Anna35 [415]

<span>b. False. Labor unions include workers of all skill levels and prefer opportunities for advancement.</span>

5 0

3 years ago

A multimillion-dollar u.s. project to construct a suspension bridge is in progress. true structures inc. in canada shares both p

umka21 [38]

Answer: Joint Venture

A Joint Venture is a business entity that is created when two or more corporations pool in their resources for a specific project.

The corporations that are a part of the Joint Venture share the governance, risks and rewards of the joint venture.

In a Joint venture the corporations who come together to form a joint venture retain their distinct entities.

7 0

3 years ago