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ioda
4 years ago
11

Suppose the production of a good results in positive externalities. The market will tend to _______________ this good and the go

od's marginal social benefits curve will ______________________. a. overproduce, lie to the left of the good's demand curve b.
Business
1 answer:
IgorLugansk [536]4 years ago
6 0

Answer:

Suppose the production of a good results in positive externalities. The market will tend to <u>overproduce</u> this good and the good's marginal social benefits curve will <u>lie to the left of the good's demand curve.</u>

Explanation:

A positive production externality is the positive effect an activity imposes on an unrelated third party such as the positive effect production activity has on the market.

A positive externality exists if the production and consumption of a good or service benefits a third party not directly involved in the market transaction. For example, education directly benefits the individual and also provides benefits to society as a whole through the provision of more responsible citizens.

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Transactions for Skysong Company for the month of May are presented below. Prepare journal entries for each of these transaction
ExtremeBDS [4]

Answer:

Explanation:

The journal entries are shown below:

May 1 -  Cash A/c $3,800

                To Common stock A/c  $3,800

(Being stock is exchanged for cash)

May 3 -  Equipment A/c Dr $1,086

                  To Account payable A/c $1,086

(Being equipment purchased in credit)

May 13 - Rent expense A/c Dr  $410

                 To Cash A/c                      $410

May 21 - Accounts receivable A/c  Dr $500

                 To Service Revenue A/c                     $500

(Being the completed work recorded)

 

3 0
3 years ago
Based on your understanding of the IS-LM model, graphically illustrate and explain what effect a reduction in consumer confidenc
torisob [31]

Answer:

Reduction in consumer confidence will decrease consumption demand, which will decrease output. IS curve... view the full answer

Explanation:

Reduction in consumer confidence will decrease consumption demand, which will decrease output.

7 0
3 years ago
Because this market is a monopolistically competitive market, you can tell that it is in long-run equilibrium by the fact that _
liubo4ka [24]

Answer:

P = Average Total Cost

Explanation:

Because the market is monopolistically competitive market, one can tell that it is in long run equilibirum by the fact that P = ATC at the optimal quantity. Furthermore, the quantity he firm produces in long run equilibrium is less than efficient scale.

3 0
3 years ago
Jones Company bought Wood Company in 2020 and appropriately recorded $750,000 of goodwill related to the purchase. On December 3
Alex

Answer: $0

Explanation:

Wood company's value is carried in Jones company books as $5,100,000 which is less than the fair value of $6,000,000. There is therefore no goodwill because the fair value is larger than the carrying value and goodwill only exists if the reverse is the case.

If there is no goodwill, there can be no goodwill impairment so goodwill impairment recognized in 2021 is $0.

7 0
3 years ago
Why should your business use Performance Planner?
klasskru [66]

Answer:

The answer is C.It makes recommendations that are validated using machine learning.

Explanation:

A performance planner is a tool used by Google Ads to devise plans in relation to how a business spends on advertising and how changes on advertisement campaigns will affect key metrics and the general performance. It is mostly used as a forecasting tool, with the use of machine learning to show the possibilities or potential outcomes in Google Ads campaigns. This implies that all the conclusions arrived at, are determined by machine learning.

7 0
3 years ago
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