Answer:
b. providing a subsidy to correct for an underallocation of resources.
Explanation:
When the external benefit of an activity exceeds cost, the activity generates postive externality.
Activities that generate positive externality are usually under produced usually because of the high cost of production . Government can encourage production of activities that generate positive externality by giving subsidy which reduces the cost of production and increases production.
I hope my answer helps you
Answer:
The function to be used in excel represents the discount of an item expressed in dollars, with an original price of x dollars, is as below:
=if(x<$20,10%*x,if(x>$75,25%*x,20%*x)
in which
- 10%*x is discount of any items with original price is less than $20
- 20%*x is discount of any items with original price is greater than or equal to $20 but less than or equal to $75) is 20% discounted
- 25%*x is discount of any items with original price is greater than $75
Explanation:
We define easy conditions first, then the most complicated at the end
- An item is discounted: 10% if x is less than $20
- An item is discounted 25% if x is greater than $75
- The rest which not any of above ( greater than or equal to $20 but less than or equal to $75) is 20% discounted)
Answer:
John must first complete a process that starts with Form RP-524. Since the problem states that he already had a SCAR hearing, the only option left is the Tax Certiorari Proceeding which is a legal lawsuit filed in the New York State Supreme Court.
Explanation:
The compete process is as follows:
John must first file a grievance form, if he lives outside of New York City and Nassau County, he can use Form RP-524 "Complaint on Real Property Assessment" and file it with the assessor or the board of assessment review (BAR) in John's city. New York City residents and Nassau Country residents must contact directly their tax or review commissions by telephone. The grievance forms must be filed before Grievance Day in John's city (it varies depending on the city).
Then John will have to appear before the BAR and present his claim. The BAR is made up of 5 members and it cannot include the assessor or any member from the assessor's office.
If the BAR's decision doesn't satisfy John, then he can proceed with a Small Claims Assessment Review (SCAR). Since John was granted only a 20% reduction by the SCAR hearing officer, the only option left is the Tax Certiorari Proceeding which is a legal lawsuit filed in the New York State Supreme Court.
Answer: D
Explanation: Im not sure if im correct but i believe its D
