A negative externality or spillover cost occurs when the total cost of producing a good exceeds the costs borne by the producer.
- Spillover costs, commonly referred to as "negative externalities," are losses or harm that a market transaction results in for a third party. Even though they were not involved in making the initial decision, the third party ultimately pays for the transaction in some way, according to Fundamental Finance.
- An incident in one country can have a knock-on effect on the economy of another, frequently one that is more dependent on it, known as the spillover effect.
- Externalities are the names for these advantages and costs of spillover. When a cost spills over, it has a negative externality. When a benefit multiplies, a positive externality happens. Therefore, externalities happen when a transaction's costs or benefits are shared by parties other than the producer or the consumer.
Thus this is the answer.
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Answer:
Ask each agent to fill out an evaluation.
Explanation:
Since in the question it is mentioned that the Seller blake hosted a caravan for the brokerage of the agent and to get the feedback from the other licensees he should ask for evalulation filling in order to provide the better presentation and the other types of the feedback with related to the property
Therefore the last option is correct
Answer:
The hypothetical tax expense =$340,000 with assumption that tax rate is 34%.
Explanation:
The above figure is worked out like this=$1,000,000*34%=$340,000
The hypothetical tax expense is pretax income multiplied with statutory income tax rate.
In our scenario pretax book income is $1,000,000 and tax rate is 34%
Please note that 34% tax rate is assumed as the said rate is not given in question.
Answer: False
Explanation: Buy one and get one free is an example of a promotion to get your customers to buy your product
Answer:
Advantages of declaring James incompetent:
- James will have someone taking care of him permanently.
- Since James lives alone, it will not cause stress on his family.
- Court will appoint a person to manage and handle James' assets through a power of attorney.
Disadvantages of declaring James incompetent:
- James will lose control of his assets and his business might decline.
- He might be psychologically affected even more and his condition could get worse.
- After a while, his legal guardian might want to change his mind because taking care of someone else might become a problem.
