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Sladkaya [172]
4 years ago
8

Fill in the blanks to complete the passage about common-resource goods.

Business
1 answer:
Sphinxa [80]4 years ago
5 0

Answer:

Common-resource goods are rival and non excludable. Together with club goods, they represent a kind of middle ground between private goods and public goods. A typical example would be any marketable ocean-dwelling fish, since exclusion is not practical and fish stocks are depletable.

Explanation:

Common-resource goods are 'rival' in consumption and also 'non-excludable'. Ocean-dwelling fish is an example of such resource because we cannot exclude any fish from consuming the clean water.

A good is said to be rival in consumption if 'same unit' of that good cannot be used by more than 'one' person at a given time. Non-excludable means that the supplier cannot avoid or block the utilization of that good even for people who are not paying for that good.

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8 0
3 years ago
Butte sold a machine to a machine dealer for $50,000. Butte bought the machine for $55,000 several year ago and has a claimed $1
pishuonlain [190]

Answer:

c. $7,500 ordinary gain  

Explanation:

Depreciated value of Machine = $55,000 - $12,500  

                                                   = $ 42,500

Sale price of Machine = $ 50,000

Gain on sale of Asset = $ 50,000 - $ 42,500

                                    = $ 7,500

Therefore, The amount and character of Butte's gain or loss is $7,500 ordinary gain.  

6 0
4 years ago
During the meeting malcolm constantly reminds the rest of the team that he is in charge of this project, and it must be carried
sattari [20]
Malcom seems to be drawing from COERCIVE source of power. 
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8 0
4 years ago
Read 2 more answers
Other things the same, a decrease in the price level causes real wealth to a. fall, interest rates to fall, and the dollar to ap
Law Incorporation [45]

Answer:

c. rise, interest rates to rise, and the dollar to appreciate

Explanation:

7 0
4 years ago
On January 1, 2021, Legion Company sold $250,000 of 6% ten-year bonds. Interest is payable semiannually on June 30 and December
notsponge [240]

Answer:

The bond interest expense to be shown in profit or loss as t 30 June 2021

$9,838.56

Explanation:

The bond interest expense is the actual finance cost of using the funds made available by bondholders while the coupon payment is the portion of the finance cost paid to them periodically.

Interest expense=bonds cash proceeds*yield to maturity*6/12

bonds cash proceeds is $163,976

yield to maturity is 12%

interest expense=$163,976*12%*6/12=$9,838.56  

5 0
3 years ago
Read 2 more answers
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