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guajiro [1.7K]
3 years ago
9

A public good is an example of a _____.

Business
1 answer:
Alona [7]3 years ago
6 0
A public good is an example of a good or product that individuals can consume or use without reducing its total availability for others. Goods like national security, sewer systems, public parks, among others, are considered as public goods. Many can benefit from it and it is considered by economists as goods that are "non-rivalrous" or "non-exclusive." <span>
</span>
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Suppose that Colombia imports cars from Australia. The free market price is $9,200.00 per car. If the tariff on imports in Colom
Lady bird [3.3K]

Answer:

1) Colombians pay $ 12,696,000 per car.

2) Consumers now pay the price of $10,948,000 per car.

Explanation:

1) Given that Colombia imports cars from Australia, and the free market price is $ 9,200.00 per car, if the tariff on imports in Colombia is initially 38%, Colombians pay $ 12,696,000 per car.

This arises from the following calculation:

9,200.00 x 1.38 = X

12.696.00 = X

2) Since that as a result of the Uruguay Round, Colombia reduces its import tariffs to 19%. Assuming the price of cars is still $ 9,200.00 per car, consumers now pay the price of $10,948,000 per car.

This arises from the following calculation:

9,200,000 x 1.19 = X

10,948,000 = X

8 0
3 years ago
You and your business partner have a dispute about a contract. You retain an attorney to help you sort out the disagreement. Whi
solniwko [45]
..........D?..........
4 0
3 years ago
Assume that one year ago, you bought 160 shares of a mutual fund for $27 per share and that you received an income dividend of $
jonny [76]

Answer:

Percentage of total return = 7.93%

Explanation:

As per the data given in the question,

Number of share = 160

Value = $27 per share

Gain distribution = $0.14 cent per share

Market value of fund = $25 per share

Total return for investment = $0.14 × 160 + ($27 - $25) × 160

= $342.5

The value of total return  percentage = $0.14 × 160 + ($27 - $25) × 160 ÷ (160 × $27)

= 0.0793

=7.93%

4 0
3 years ago
Currency located at the company $ 600
Drupady [299]

Answer:

$12,900

Explanation:

Amount of cash reported in the balance sheet refers to the cash balance in the bank and other short term investments that may be liquidated in 3 months or less.

It is a current asset in the balance sheet.

Amount of cash on balance sheet = $1,500 + $6,700 + $200 + $100 + $4,400

= $12,900

5 0
3 years ago
If a firm has economies of scale, increasing the quantity produced will lead to: multiple choice 1 higher long run average costs
xeze [42]

It results in lower short run average cost in economies of sale .

<h3>Economies of scale</h3>

Economies of scale refers to the situation where, as the quantity of output goes up, the cost per unit goes down. This is the idea behind “warehouse stores” like Costco or Walmart. In everyday language: a larger factory can produce at a lower average cost than a smaller factory. Figure 2 illustrates the idea of economies of scale, showing the average cost of producing an alarm clock falling as the quantity of output rises. For a small-sized factory like S, with an output level of 1,000, the average cost of production is $12 per alarm clock. For a medium-sized factory like M, with an output level of 2,000, the average cost of production falls to $8 per alarm clock. For a large factory like L, with an output of 5,000, the average cost of production declines still further to $4 per alarm clock.

One prominent example of economies of scale occurs in the chemical industry. Chemical plants have a lot of pipes. The cost of the materials for producing a pipe is related to the circumference of the pipe and its length. However, the volume of chemicals that can flow through a pipe is determined by the cross-section area of the pipe.

Learn more about economies of scale here :

brainly.com/question/15605103

#SPJ4

6 0
2 years ago
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