Answer and Explanation:
Different things being constant, a slowdown in population growth will lead to an increase in the availability of capital per worker and output per worker.
At the steady state, output per worker will grow at the rate of g while. Thus, steady state per person output growth will be same, however total output will increase at the rate n+g.
In case of transition between steady states, during the transition phase, output per worker will grow at a rate greater than g. Overtime in the long run with a fall in population growth, total output will fall while output per worker will increase.
Answer:
b
c
Explanation:
A good has negative externality if the costs to third parties not involved in production is greater than the benefits. an example of an activity that generates negative externality is pollution. Pollution can be generated at little or no cost, so they are usually overproduced. Government can discourage the production of activities that generate negative externality by taxation. Taxation increases the cost of production and therefore discourages overproduction. Tax levied on externality is known as Pigouvian tax.
Government can regulate the amount of externality produced by placing an upper limit on the amount of negative externality permissible
Coase theorem has been proposed as a solution to externality. According to this theory, when there are conflicting property rights, bargaining between parties involved can lead to an efficient outcome only if the bargaining cost is low
Another solution to negative externality is through the activities of charities. Charities can raise donations to limit or regulate the activities of firms that constitutes a negative externality.
Answer:
a. used net cash of $2,000
Explanation:
The preparation of the Cash Flows from Operating Activities—Indirect Method is shown below:
Cash flow from Operating activities - Indirect method
Net loss -$13,000
Adjustment made:
Add : Depreciation expense $4,000
Add: Decrease in accounts receivable $5,000
Less: Increase in inventory -$8,000
Add: Increase in accounts payable $10,000
Total of Adjustments $11,000
Net Cash flow from Operating activities -$2,000
Answer:
Cash account balance $5,680
- bank service fees ($47)
- NSF check ($190)
+ customer's note receivable $560
<u>+ interest earned $66 </u>
adjusted cash account balance $6,069
Dr Bank fees expense 47
Cr Cash 47
Dr Accounts receivable 190
Cr Cash 190
Dr Cash 560
Cr Notes receivable 560
Dr Cash 66
Cr Interest revenue 66
Answer:
Model Y
Explanation:
Calculation for the which model is the most profitable to produce
Using this formula
Most profitable to produce=Selling price-Direct materials-Direct labor-Variable support costs
Let plug in the formula
Model X $52 - $8 - $16- $5 = $23
Model Y $60 - $8- $16 - $10 = $26 Most profitable
Model Z $74- $8 - $33 - $10 = $24
Therefore the model that is the most profitable to produce is MODEL Y because it has the highest amount of $26
