Answer:
Efficiency requires that one lighthouse is built since the willingness to pay of all the residents together is larger than the cost of providing the lighthouse
Explanation:
Since the lighthouse is a public good, according to the coase theorem, if the combined willingness to pay for the lighthouse of all of the people living on the islands is higher than the cost of the lighthouse, then a lighthouse should be built.
The total willingness to pay is:
The population willingness to pay is higher than the cost of building one lighthouse ($2000) but lower than the cost of building two lighthouses ($4000). Therefore, efficiency requires that one lighthouse is built since the willingness to pay of all the residents together is larger than the cost of providing the lighthouse.
Answer: A merger involves one company purchasing the assets of another company with cash, whereas an acquisition involves a company acquiring another company by buying all of the shares of its common stock.
Answer:D - the employee's coworkers
Explanation: Insofar as appreciation is concerned the most influential on perceptions of appreciation for an employee are the employee's co workers.
Who are co workers? They are the people a person interacts with, work with and spend the day with in an office environment.
They are the most influential on perceptions of appreciation for an employee.
This is so because they they know each other well and can talk to a large extent about a co worker.
School rules are similar to federal laws because they both (try) to restrict people from doing harmful or bad things. A typical American high school with out rules, or any consequences for breaking them would be anarchy. Kids could bully one another, fight each other, ruin school property with spray paint, fire, etc. They also might not do their homework, or school work in general. It depends on the kid with out rules. Some kids might go crazy, some kids might stay calm and collected.
Answer:
The answer B.
Explanation:
Non-current asset is a asset that is generally not expected to be converted to cash or consumed within one year or the operating cycle, whichever is longer. They have a useful life of more than. one year. For example, plant and machinery. The assets in this category are depreciated except land which has an infinite useful life.
While current asset is an an asset that is expected to be converted to cash or consumed within one year or the operating cycle, whichever is longer. Example are inventory, cash etc.
