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4 years ago

What is the tragedy of the commons?

1 answer:

5 0

Answer: 1. The tragedy of the commons is a situation in a shared-resource system where individual users, acting independently according to their own self-interest, behave contrary to the common good of all users by depleting or spoiling the shared resource through their collective action. /

Explanation:

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There are now twice as many people in the household, but your income has also doubled. Is your new tax liability about twice as

xenn [34]

Answer:

It is fair because due to marriage the resources tends to accumulate and thus the common expenses like living housing eating costs goes down than they were sustaining when they were not married.

Explanation:

Solution

It will result in higher tax due to the marginal rate rising due to increase in income plus due to joint filing after marriage.

The difference seems to be fair from the point of view that due to marriage the resources become pooled and thus the common expenses like living housing eating costs come down than they were incurring when they were single. Hence, they can now afford to pay higher taxes and it kind of does seem fair.

3 0

4 years ago

Kirk Custodial Service and Green Energy Company enter into an oral contract under which Kirk agrees to provide custodial service

Troyanec [42]

Answer: D) none of the choices.

Explanation:

None of the choices listed can enforce the contract. Contracts are made as a legal requirement for parties to fulfil the duties that they promised they would in an agreement.

As such, the legality and obligations of the contract can be enforced by the Courts who preside over legal matters. Parties cannot do this as they lack the necessary legal authority.

8 0

4 years ago

Pacifica Industrial Products Corporation makes two products, Product H and Product L. Product H is expected to sell 40,000 units

Lisa [10]

Answer:

Product L= $34

Product H= $34

Explanation:

Giving the following information:

Product H is expected to sell 40,000 units next year and Product L is expected to sell 8,000 units.

A unit of either product requires 0.4 direct labor-hours.

Estimated overhead= $1,632,000. R

First, we need to calculate the estimated overhead rate:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 1,632,000/(48,000*0.4)

Estimated manufacturing overhead rate= $85 per direct labor hour

Now, we can allocate overhead:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Product L= 85*0.4= $34

Product H= 85*0.4= $34

3 0

3 years ago

Compare and by converting their income statements to common size. Martinez Rojo Net sales. . . . . . . . . . . . . . . . . . . .

Usimov [2.4K]

Answer:

a. Rojo

b. Martinez

Explanation:

When converting the income statement to common size, everything is made a percentage of net sales.

Martinez Rojo

Net Sales 100% 100%

Cost of goods sold (61.1% ) ( 72.7%)

Other expenses (32.7% ) ( 22.3%)

Net Income 6.2% 5.0%

Working

Martinez Rojo

Cost of goods 6,660/10,900 14,203/19,536

Other expenses 3,564/10,900 4,365/19,536

Net income 676/10,900 977/19,536

a. Company with more Net income

= Rojo

b. Company with higher net income as percentage of net sales

= Martinez

6 0

3 years ago

When the government subsidizes investment, such as with an investment tax credit, the subsidy often applies to only some types o

irga5000 [103]

Answer:

The demand curve for business investment will shift upwards to the right, signaling an increased demand for business investment.

Investors will be attracted to invest more in business investment than they will invest in residential apartments. This is how it has worked.

Explanation:

An economy's business investment includes the investments in the machines, tools, and equipment that business entities need for the production of goods and services. On the other hand, its residential investment refers to the expenditure made for constructing or buying new houses or dwelling apartments for the purpose of living or renting out to others. If the government grants some tax credit to business investment, it will make business more attractive to the investing public.

8 0

3 years ago