Answer:
Option A = 20 fewer tons of pollution into the air, and Firm B will emit 100 fewer tons of pollution into the air.
Explanation:
The information or data required to decode or solve the above Question is given below;
(1). "It costs Firm A $200 for each ton of pollution that it eliminates before it is emitted into the air, and it costs Firm B $100 for each ton of pollution that it eliminates before it is emitted into the air."
DEDUCTION: We can see that Firm A in (1) above uses more money that is $200 than firm B which is $100 to eliminate each ton of pollution.
(2). "Both firms, A and B, each currently emit 100 tons of chemicals into the air."
DEDUCTION: Both firms emit the same amount of pollution.
(3)." The government gives each firm 40 pollution permits, which it can either use or sell to the other firm"
So, from (1) we can deduce that A is more likely to buy the 40 pollution permit of B to make firm A to be 40 + 40 = 80 pollution permit.
Thus, A will emit 20 fewer tons of pollution while B will emit 100 tons.
Answer: The correct answer is "A. bilateral.".
Explanation: Windsor, the owner of Windsor's Sandwiches, contacts Gary, a new supplier. He promises Gary that he will pay him $375 if Gary delivers 20 pounds of cheese the following morning. Gary promises to make the delivery as requested by Windsor. This creates a<u> BILATERAL </u>contract between them.
It is a bilateral contract because it produces effects and obligations for both parties, Gary is obliged to deliver 20 pounds of cheese the next morning and the owner of Windsor is obliged to pay Gary $ 375 for it.
Answer:
The correct answer is letter "C": a common set of standards and principles.
Explanation:
The Generally Accepted Accounting Principles (GAAP) are a compilation of <em>official rules, standards, and procedures to be used by publicly traded companies</em> to prepare their financial statements. GAAP standards define how businesses record and report their financial data, and are used in accounting practices to ensure consistency and precision.