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
Sever21 [200]
4 years ago
12

For each of the goods, classify them according to whether they are rivalrous, nonrivalrous, excludable, or nonexcludable. Rivalr

ous is also referred to as rival in consumption. A sports team t-shirt rivalrous and excludable nonrivalrous and nonexcludable rivalrous and nonexcludable nonrivalrous and excludable The air we breathe rivalrous and excludable nonrivalrous and nonexcludable nonrivalrous and excludable rivalrous and nonexcludable
Business
1 answer:
jok3333 [9.3K]4 years ago
5 0

Answer:

Consider the following explanation

Explanation:

A sports team t-shirt:

Correct Answer:

Rivalrous and Excludable

(Sports team T-shirt is private good that comes at a cost to make others to pay before wear.

The air we breathe:

Correct Answer:

Nonrivalrous and nonexcludable

It is a pure public good that can be used by many at the same point without any cost paid.

Atlantic Bluefin Tuna in the Mediterranean Sea:

Correct Answer:

Rivalrous and nonexcludable

One Tuna can be caught by one person only but entering into the area cannot be prevented.

A toll road in normal traffic:

Correct Answer:

Nonrivalrous and excludable

It is a public system that can be used by many at a time. But, everyone has to pay the toll tax before using it.

You might be interested in
Identify which of the following statements are true for the corporate form of organization. 1. Ownership rights cannot be easily
Nat2105 [25]

Answer:

1.Owners are not agents of the corporation- True Managers and directors are the agents of the owners of the corporation. What owners do is not always on behalf of the corporation.

2. It is a separate legal entity.- True Corporate enjoy separate existence. Their assets and liabilities are different from that of their owners.

3. It has a limited life.- False Corporations have unlimite life. They continue to function even after the death of their owners.

4. Capital is more easily accumulated than with most other forms of organization.- True If a corporation needs capital, it cal raise money by issuing shares in the open market. People invest if the prospects are good and the company can gather more funds whenever required. It is also easier for a corporation to acquire loans.

5. Corporate income that is distributed to shareholders is usually taxed twice- True First the Income of the company is taxed which in a way..

6 0
3 years ago
Read 2 more answers
Ray's Satellite Emporium wishes to determine the best order size for its best-selling satellite dish (Model TS111). Ray has esti
Julli [10]

Answer:

Ray should place 32 orders each time.

Explanation:

number Ray should order each time

= sqrt(2*Annual Demand*Ordering Cost /Carrying cost per unit per annum )

= sqrt(2*1,174*$24/$55)

= 32

Therefore, Ray should place 32 orders each time.

5 0
4 years ago
Why should the people on the RA team be different from the people responsible for correcting deficiencies?a. to avoid potential
NemiM [27]

Answer:

The correct answer is the option C: To avoid conflicts of interest.

Explanation:

To begin with, the term of risk assesstment refers to the process of identifying and analyzing possible future threats that may cause harm to the individuals or the assets of the company and from there on to evalute possible solutions to those situation that the company does not want to. Moreover, the risk manager is the one who should take care of those aspects and therefore that an RA team is the one that is being under his commands and should focus on the fact of identifying and analyzing the problems as well as evaluating instead of correcting some of those deficiencies and therefore that they need to have a different mind in the theme because they need to avoid conflicts of interest with the other team that is responsible from correcting.

8 0
3 years ago
One of the most important activities of entrepreneurs is identifying their customers. This includes understanding when consumers
Margarita [4]

Answer:

Explanation:

First we have to understand what is a consumer. A consumer is that person who purchases a goods or services for personal use.

1. Early adopters. (first adopters)

2. Innovators. (first adopters)

3. Early Majority. (first adopters)

4. Late majority. ( Last adopters)

5. Laggard. ( Last adopters)

2. a. High-income people who have inherited their wealth. ( Laggard)

b. Future oriented Below-average-income wage earners ( Innovators)

c. Present (security) oriented High-income people who have incomes from salary and investment. ( Late majority)

d. Highest professionals, including merchants and financiers. ( Last majority )

e. Present oriented Average-income wage earners. ( Early adopters)

f. Middle managers and owners of medium-sized businesses. ( Early Majority)

g. Above-average-income wage earners. ( early adopters)

h. Present oriented, but worried about the impact of time. (Late majority)

I. Unskilled labor Skilled labor. (Innovators)

J. Owners of small businesses; non-managerial office and union managers. ( early adopters)

K. Tradition-oriented people who often live in the past. (Laggard)

6 0
4 years ago
YoYo Fashion December 31, 2013 balance sheet showed total common equity of $5,500,000 and 250,000 shares outstanding. During 201
abruzzese [7]

Answer:

$23.6 per share

Explanation:

Given that,

Total common equity = $5,500,000

Shares outstanding = 250,000

Net income = $525,000

Dividends paid out = $125,000

Total value at the end:

= Total common equity + Net income - Dividends paid out

= $5,500,000 + $525,000 - $125,000

= $5,900,000

Therefore,

Book value per share at 2014 year end:

= Total value at the end ÷ No. of shares outstanding

= $5,900,000 ÷ 250,000

= $23.6 per share

7 0
3 years ago
Other questions:
  • The management of Lanzilotta Corporation is considering a project that would require an investment of $280,000 and would last fo
    14·1 answer
  • On May 31, the Cash account of Tesla had a normal balance of $5,300. During May, the account was debited for a total of $12,500
    12·1 answer
  • Nederlander's Audience Rewards program strongly benefits small privately-owned theaters and show producers who back the company
    9·1 answer
  • When the price of good A is $50, the quantity demanded of good A is 500 units. When the price of good A rises to $70, the quanti
    8·1 answer
  • An action for breach of warranty generally must be brought within four years of the breach.
    9·1 answer
  • Austin, Texas has passed a local ordinance that provides all motor vehicles must provide at least three feet of clearance when p
    7·1 answer
  • In marketing, promotion usually involves a company or organization
    11·1 answer
  • Assume markup is based on cost. Find the dollar markup and selling price for the following problem.
    10·1 answer
  • A set of servers, that your project needs, has a daily lease cost of $500 for the first 20 days and the lease cost is reduced to
    7·1 answer
  • A plantwide overhead rate based on direct labor hours is ______ appropriate.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!