1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
inna [77]
3 years ago
15

In each of the following situations, identify if there is a positive or negative externality in play. Explain you answer thoroug

hly.
A local bridal shop shares a strip mall with eight other businesses. Recently all have agreed that the signage at the road needs a facelift. Although all eight businesses use the sign, the other seven are not willing to pay for a fresh paint job. The bridal shop decides to foot the bill and, on their own, they update the sign. Is there a positive or negative externality in play? Why?
A local church holds a "4th of July Celebration" and invites everyone in their area to come enjoy free bounce-houses, live music and snow cones..
A local high school decides to expand their bus ramp to help buses get in and out of the school more quickly. The construction process takes two months and creates serious traffic issues for the commuters in that area of town.
Business
1 answer:
Vitek1552 [10]3 years ago
7 0

Answer:

1. Positive Externality ; 2. Negative Externality ; 3. Positive Externality.

Explanation:

Externalities are benefits or harms to other parties , without payment received or made for them respectively.

Positive Externalities : Externalities positively effecting others. Eg-Education

Negative Externalities : Externalities positively effecting others . Eg-Pollution.

1. Bridal Shop's signage facelift creates benefit for other strip mall businesses also (better business visibility), without former receiving money & latter paying money.

2. Local church celebration creates benefit for all attendants (recreational benefit) ,without former receiving money & latter paying money.

3. Local School bus ramp construction creates harm for commuters of that area (traffic inconvenience) , without former paying money & latter receiving money

You might be interested in
Does the overcast amount in the debtors journal go into cost of sales or only debtors allowance?
AVprozaik [17]
I think it’s only debtors allowance
8 0
3 years ago
Morgan is the manager of a local circuit city and has put up signs promoting the store's frequent shopper card program. morgan's
inessss [21]
That would be a programmed decision.
3 0
3 years ago
What is the advantage and disadvantage of air transport in tourism industry
pshichka [43]

Answer: Air transport is an important enabler to achieving economic growth and development. Air transport facilitates integration into the global economy and provides vital connectivity on a national, regional, and international scale. It helps generate trade, promote tourism, and create employment opportunities.

Explanation:High Costs: Air transport is a costly service. Its operational costs are too high. Middle class and poor people can not affect its cash.

More Risks: Air transport is prone to accidents. A small mistake can be very dangerous for passengers. ...

Huge Investments:

6 0
3 years ago
PUILPie CIUILE QUSLU11 00
adell [148]

Answer:

The journal entry to record the issuance of new stocks is:

Dr Cash 164,800

    Cr Common stock 72,100

    Cr Additional paid in capital in excess of par value 92,700

When you issue new stocks, the common stock account increases by par value (= 10,300 stocks x $7). Any money obtained over par value must be recorded under the additional paid in capital account (= 10,300 x $9).

4 0
4 years ago
As fewer people buy bicycles​, the demand for bicycle helmets will decrease and the price of a helmet will increase. The rise in
nevsk [136]

Answer:

The correct answer is letter "A": false; a decrease in demand for bicycle helmets does not increase the price of a bicycle helmet and an increase in the price of a bicycle helmet does not increase the supply of bicycle helmets.

Explanation:

In economics demand and supply represents a basic concept to understand fluctuations of price and consumer and producer variations. When prices rise, demand raises and supply decreases. When prices drop, demand drops and supply increases. <em>Demand has a direct relationship with the changes in price while supply has an inverse relationship with price. </em>

Thus, <em>if the demand for bicycle helmets decrease, the price of helmets will decrease. If there is an increase in the price of bicycle helmets there will be a decrease in the supply of bicycle helmets. The statement proposed in the case is false.</em>

8 0
4 years ago
Other questions:
  • A ____ is an amount of money. Usually, has a specific purpose and is stored in one place, such as a bank account.
    11·1 answer
  • The odd-lot trading theory advocates that small investorsA) tend to buy high and sell low.B) react in a manner which generally f
    5·1 answer
  • Delivery costs at Hernandez, Inc. appear below for specific months of operations: Month Amount Units Produced March $20,000 16,0
    6·1 answer
  • With the start of the subprime financial crisis in August 2007, the dollar ________ in value against the euro as the Fed lowered
    10·1 answer
  • S5B-17 (similar to) Upper G Wholesale Company began the year with merchandise inventory of $ 5 comma 000. During the​ year, Uppe
    8·1 answer
  • ___ and___ are the two basic components of a budget.
    12·1 answer
  • Because she didn't have a piece of paper handy, mary mentally repeated the long-distance phone number over and over. mary was tr
    8·1 answer
  • J is issued a Life Insurance policy with a death benefit of $100,000. She pays $600 per year in premium for the first 5 years. T
    6·1 answer
  • Getting a loan you have to repay is known as
    10·1 answer
  • A newspaper report states the following: "On March 2, Bastiaan Vanacker was arrested for indecent exposure"; However, what reall
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!