Answer:
B
Explanation:
One of the problems in economics is the allocation of goods in the presence of externalities. When externalities are present allocation of goods in private market won't be efficient because private parties won't internalize them and would arrive to an inefficient outcome. For many years this was an argument in favor of government intervention.
However, Ronald Coase showed that assigning property rights of the externality to one of the private parties (no matter which one) would result in an efficient outcome. This is because the parties with the property right would then internalize the cost. Then in the bargaining process private parties would reach an efficient outcome without the intervention of the government.
Answer:
B. First-in, first-out (FIFO)
Explanation:
First-in, first-out (FIFO) is an accounting principle which refers to a process whereby assets that are purchased first are sold first. In this situation, the cost in which the particular inventory was purchased is still the same cost with which it is sold out.
First-in, first-out principle can be used to determine the profitability of a merchandise with its associated cost taken into consideration.
Options :
A. utilize their own aircraft.
B. have extensive ground networks.
C. have accurate, real-time tracking systems
D. all of the above
Answer:
D
Answer:
Inelastic
Explanation:
In the given question,the cost to produce the toothpaste has increased, which led to the increase in the price of the toothpaste significantly. But there is no change in the demand of the toothpaste.
Hence, this product is inelastic.
In the inelastic demand, the demand of the product does not change with any variation in the price of the product.
Answer Choice: A. because if you subtract all those numbers and divide em by the form factor it all equals out to A) $5,285.
