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
Elden [556K]
3 years ago
15

Why is a free rider a type of market failure?

Business
1 answer:
RoseWind [281]3 years ago
7 0

Answer:In the social sciences, the free-rider problem is a type of market failure that occurs when those who benefit from resources, public goods, or services of a communal nature do not pay for them. Free riders are a problem because while not paying for the good, they may continue to access it.

Explanation:

You might be interested in
" what demographic and psychographic changes are creating business opportunities for new ventures
kkurt [141]
A major one is the increase in globalization.

now a days people can talk to anyone in any part of the world at any time they want for free and within an instant of when they think of it. Bills and payments can be made from the tap of a button. Someone can stay in their house there entire life and have everything they ever needed. this is being translated to the business world in massive ways.
4 0
3 years ago
The following information was collected for the first year of manufacturing for Appliance Apps: Direct Materials per Unit $2.50
lara31 [8.8K]

Answer:

Results are below.

Explanation:

<u>First, we need to calculate the total unitary variable cost:</u>

Total unitary variable cost=2.5 + 1.5 + 0.25 + 1.5

Total unitary variable cost= $5.75

<u>Now, the variable costing income statement:</u>

Sales= 33,000*12= 396,000

Total variable cost= (33,000*5.75)= (189,750)

Total contribution margin= 206,250

Fixed Manufacturing Expenses= (117,000)

Fixed Selling and Administration Expenses= (21,000)

Net operating income= 68,250

4 0
3 years ago
Which one of the following is NOT a fiduciary duty required of an agent? Disclosure Care Confidentiality Accounting Obedience Co
-Dominant- [34]

A limited power of attorney fiduciary duty required of an agent Disclosure Care Confidentiality Accounting Obedience Contrition Loyalty.

A fiduciary relationship is a role of belief, and the agent owes the principal the obligation of obedience, loyalty, disclosure, confidentiality, accounting, and reasonable care (old automobile).

Fiduciary duty is defined by means of Black's regulation Dictionary as “an obligation of extreme precise religion, belief, confidence, and candor owed by using a fiduciary (which includes an attorney or corporate officer) to the beneficiary (which includes a lawyer's purchaser or a shareholder); a responsibility to act with the highest degree of honesty and loyalty towards any other .

fiduciary obligation to someone else, the person with the duty must act in a way in order to gain someone else, usually financially. the individual that has a fiduciary duty is known as the fiduciary, and the individual to whom the responsibility is owed is referred to as the predominant or the beneficiary.

Learn more about fiduciary  here:brainly.com/question/17080270

#SPJ4

5 0
1 year ago
Department F had 4,000 units in Work in Process that were 40% completed at the beginning of the period at a cost of $12,200. Of
Verdich [7]

Answer:

$2.27

Explanation:

Unit Cost =

If the average cost method is used, the materials cost per unit (to the nearest cent) would be: $2.27

5 0
3 years ago
Either more sellers in the market or lower production costs can cause supply to _____ at each price level.
Otrada [13]
Increase or shift right because if the cost of production goes down then the supplier can make more products for less money therefore making the supply of a good more. if there are more supplier then the same thing happens. more product in the market. 
4 0
3 years ago
Read 2 more answers
Other questions:
  • Jorge is considering an investment that will pay $4,650 a year for five years, starting one year from today. What is the maximum
    9·1 answer
  • The measure of the way quantity supplied reacts to a change in price is
    10·1 answer
  • Per capita means:
    10·2 answers
  • Which of the following situations would be considered cyclical unemployment? Choose one or more: A. A typewriter repair shop clo
    8·1 answer
  • Resources include: Personnel, Supplies, Equipment, and _______________. Select the missing item from below:
    9·1 answer
  • uppose your firm has decided to use a divisional WACC approach to analyze projects. The firm currently has four divisions, A thr
    7·1 answer
  • Beck Manufacturing reports the information below for 2017. Raw Materials Inventory Begin. Inv. 10,000 Purchases 45,000 Avail. fo
    11·1 answer
  • The terms of trade can take on any value Group of answer choices above the seller's opportunity cost. below the seller's opportu
    8·1 answer
  • A change in supply is illustrated by a movement along an existing supply curve
    11·2 answers
  • If you were christina, how would you design a process control plan to ensure that these requirements were met?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!