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Artemon [7]
3 years ago
10

Market failure associated with the free-rider problem is a result of Group of answer choices a problem associated with pollution

. benefits that accrue to those who don't pay. benefits that accrue to providers of the product. market power.
Business
1 answer:
Romashka [77]3 years ago
7 0

Answer:

benefits that accrue to those who don't pay.

Explanation:

Market failure associated with the free-rider problem is a result of benefits that accrue to those who don't pay. This is because the free-rider problem arises on a shared resource that is created by its overuse by various individuals who are not contributing their fair share for it, yet those very same people are still receiving all the benefits provided by that resource, while others need to pay for it.

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The __________ theory suggests that people will evaluate the cost, benefit, or value related to making a change in a particular
Ierofanga [76]

Answer: Expectancy-Outcome Values Theory

Explanation:

The Expectancy-Outcome Values Theory is one that is quite popular in many fields ranging from health to economics as it aims to explain that human behavior is governed by expectations of events.

Under the Expectancy-Outcome Values Theory, people will evaluate the cost, benefit, or value related to making a change in a particular attitude, value, belief, or behavior to decide if it is worthwhile or not.

For most if not all decisions taken therefore, there goes into it quite a lot of mental calculations involving the effects of an event before a decision is made.

7 0
3 years ago
URGENT!
djyliett [7]

Answer : all of the above

I think this is the answer.

3 0
3 years ago
On January 1, 2020, the balance sheet of Naperville Company (a sole proprietorship) was as follows.
guapka [62]

Answer:

Explanation:

From the information povided:

(a) To compute the amount of goodwill paid by Chicago Corporation

Particulars                                            Amount ($)

Accounts Receivable                           100000

Inventory                                               170000

Plant & Equipment                               400000

Land                                                        90000

Customer List                                            4000

Trade Names                                          <u> 16000</u>

     NET ASSETS  (A)                             <u>780000</u>

<u />

Current liabilities                                     76000

Non-current liabilities                            <u>160000 </u>

      NET LIABILITIES (B)                        <u> 236000</u>

∴

PURCHASE  CONSIDERATION (A -B)   544000

<u>Less:</u>  Cash Paid                                    <u>  580000</u>

          GODWILL                                    <u>    36000 </u>

<u />

b)

In the books of Chicago Corporation, the Journal Entry to record the purchase of Naperville Company.

Account Name                                       Dr.                      Cr.

Accounts Receivable A/C                  100000

Inventory A/C                                       170000

Plant Equipment  A/C                          400000

Land A/C                                                 90000

Customer List A/C                                    4000

Trade Names A/C                                   16000

Goodwill A/C                                           36000

Current liabilities A/C                                                       76000

Non-Current Liabilities A/C                                             160000

Cash A/C                                                                          580000

c)

The minimum required amount of goodwill that Chicago can amortize by the end of 2020 is $3600.This is because the amortization can take place for a period of 10 years.

<u />

8 0
3 years ago
Eli and Marilyn ask Gracie to be the administrator of their will and the guardian of their children if they pass away before the
kobusy [5.1K]

Answer:

a. involve a high degree of trust and confidence.

Explanation:

A fiduciary relationship exist when an individual places  responsibilities on the other party, to help him carry out  duties or act for the benefit of the party. It is otherwise called a confidential relationship and it requires special trust, confidence and reliance.  

6 0
3 years ago
The marginal seller is the seller who Group of answer choices cannot compete with the other sellers in the market. would leave t
Sophie [7]

Answer:

would leave the market first if the price were any lower.

Explanation:

Utility can be defined as any satisfaction or benefits a customer derives from the use of a product or service.

Thus, any satisfaction or benefits a customer derives from the use of a product or service is generally referred to as a utility.

In Economics, The law of diminishing marginal utility states that as the unit of a good or service consumed by an individual increases, the additional satisfaction he or she derives from consuming additional units would start decreasing or diminishing as the units of good or service consumed increases.

A marginal seller refers to an individual or business firm that is most willing to sell his or her goods and services at a price that is typically equal to their economic cost while forfeiting producer surplus.

A producer surplus is the amount a buyer is willing to pay for a good minus the cost of producing the good.

Hence, a marginal seller is the seller who would leave the market first if the price were any lower.

8 0
3 years ago
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