If the production of a good created both external costs and external benefits, but the external costs were greater, without government intervention, a market economy will not produce the product at all.
In the production and consumption of goods and services, there exist costs that are passed on to a third party. The general public, who is ultimately responsible for paying for them, is in fact subsidizing goods and services with external costs.
External costs are still necessary to be paid for even when they are not included in the product's price. It is ultimately the responsibility of society as a whole to pay for external costs through taxes, accident compensation, medical expenditures, insurance premiums, deterioration in environmental quality, and losses in natural capital.
Usually, the price of goods and services includes External costs, which results in a higher overall cost. Because consumers frequently select the lowest options, clean, sustainable products have a pricing disadvantage.
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The three types of patents available under U.S. law are design, plant and utility.
<h3>What is patent?</h3>
A patent is an exclusive right granted for an invention, which is a product or a process that provides, in general, a new way of doing something, or offers a new technical solution to a problem.
It is the right from the federal government to produce and sell something for a certain number of years without anyone copying it.
Thus, option D is true as three types of patents available under U.S. law are design, plant and utility.
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Historically, inequities in the quantity of money available to local school districts in Texas have been the effect of
wide deviations in the value of taxable possessions among districts.
<h3>Are all
Texas schools ISD?</h3>
Almost all Texas school districts use the title "Independent School District", or ISD. But for Stafford, those few districts that do not have "ISD" in their names are however ISDs.
<h3>Can you live in one school neighborhood and go to another in Texas?</h3>
Generally, a child must obey the school district in which he or she resides. School districts can make transfer arrangements to accept each others' students. Transfer arrangements may also result from wealth-sharing arrangements underneath Chapter 41 of the Texas Education Code.
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No. of shares outstanding before stock dividend = 634000
Price per share = $46
Stock dividend issued (shares issued) = 634000 x 13%
= 82,420
Value of stocks issued as stock dividend = 82420 x $46 = $3,791,320
No. of shares outstanding after stock dividend = 634,000 +82,420
=716420
Cash dividend = 716420 x 0.60
= 429,852
Total reduction in retained earnings = total value of dividend issued
= $3,791,320 + $429,852
= $4,221,172
