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
Neko [114]
3 years ago
13

Suppose the government requires each firm to reduce sulfur dioxide emissions by an equal amount such that total emissions are re

duced by 7.0 million tons per year. Is this approach necessarily economically efficient? This command-and-control approach is efficient because reducing sulfur dioxide pollution by 7.0 million tons per year is where the marginal cost and marginal benefit of pollution reduction are equal. is efficient because each firm is reducing pollution by the same amount. is not efficient because some firms may still be generating pollution. is not efficient because firms can have different costs of reducing pollution. is efficient because it does not require the government to know the firms' cost of reducing pollution.
Business
1 answer:
stealth61 [152]3 years ago
7 0

Answer:

is not efficient because firms can have different costs of reducing pollution.

Explanation:

Economic efficiency is the way a business maximises the use of factors of production (land, labor, capital) to produce output at a reduced cost. Efficiency aims to improve output and reduce cost to the barest minimum.

In this instance to individual cost required to reduce sulfur dioxide emissions is not considered by the government.

Since reduction of sulfur dioxide is equal among firms, some smaller ones may incur cost that will financially impair them and put them out of business.

While bigger firms will easily bear the cost.

You might be interested in
g The company plans a 4-for-1 stock split. How many shares will you own and what will the share price be after the stock split?
Nata [24]

Answer: 14,400; $17

Explanation:

Stock splits are a strategy by firms to increase the liquidity of their shares especially when they are trading at a high price. The firm divides the stock by a certain number thus increasing the number of shares by the multiple of the number. This action will divide the price of the stock and thus allow for more trade as they are cheaper.

A 4-for- stock split means that each share will become 4.

Your total number of share will become;

= 4 * 3,600

= 14,400 shares

The new price will be;

= 68/4

= $17 per share

7 0
2 years ago
As of December 31, Year 1, Flowers Company had total assets of $220,000, total liabilities of $66,000, and common stock of $110,
liberstina [14]

Answer:

(b) After-closing balance in the Retained Earnings account on December 31, Year 1,

Total Stockholder's equity = Total assets - Total liabilities

                                            =  $220,000 - $66,000

                                            = $154,000

After-closing balance of Retained Earnings = Total Stockholder's equity - Common stock

                                                                        = $154,000 - $110,000

                                                                        = $44,000

(a) Before-closing balance in the Retained Earnings account on December 31, Year 1.

Net Income = Revenue - Expenses

                   = $40,000 -  $23,000

                   = $17,000

Before-closing balance of Retained Earnings:

= After-closing balance of Retained Earnings + Dividend paid - Net Income

= $44,000 + $3,200 - $17,000

= $30,200

(c) Before-closing balances in the following accounts:

Revenue = $40,000

Expenses = $23,000

Dividend = $3,200

(d) After-closing balances in the following accounts:

Revenue = $0

Expenses = $0

Dividend = $0

Because revenue and expenses are transferred to income statement and dividend are transferred to retained earnings.

6 0
2 years ago
If a team uses wikis to collaborate on a​ report, the editing and upgrading of information should be done by​ __________.
astra-53 [7]
The answer to this question is the letter "E" which is the "anyone in the organization". Wiki is a blog or a website where anyone in the organization is allowed to access it to view and access materials and edit it. Hence, is a team uses wikis to collaborate on a report, the editing and updating of the report should be done by anyone in the organization.
3 0
3 years ago
True or False: A tax cut is less likely to change the composition of labor demand than a government spending increase.
MA_775_DIABLO [31]

Answer:

True

Explanation:

This is the case because tax cuts and government spending are instruments that could be used in expansionary fiscal policy.

Note that reduced taxes usually have a direct impact on the disposable income of a economy not the composition of labor demand. Tax cuts leads directly to consumption and savings increase, resulting from increase in disposable income in the economy.

5 0
2 years ago
which are characteristics for all careers in the stem career cluster? select all that apply. a. good with customers b. work in l
mestny [16]

I got B, C and D.

Let's go through the process of elimination and my explanation for my answers.

First A, with Stem you don't need to work good with customers because you are doing science, math, technology etc. Working good with customers wouldn't need to be a requirement. B. You will need to know how to work in laboratories, especially if you're going to be in science. Science stem usually has laboratories for scientists to do there discoverys on. C. Technology can be another job for stem careers, they can learn how to code and do other technology stuff. That would be a requirement while working for a Technology career in stem. D. Let's say you were working for a science career, you would need to analyze data to get accurate data stets. It would be a skill needed for that. E. Developing Bridges is something that would not be needed to practice or knowing how to do. Yes, Engineering could be a carrer but it would not just be needing to build a Bridge, you would need much more skill than that. F. <u>I want you to give that one a try,</u> that one is a tricky one. Let's find it out together. So, you need to know how to design products for Engineering, right? But is that one of the main skills for working? Find that one out and let me know <u>what you get. </u>

3 0
3 years ago
Read 2 more answers
Other questions:
  • During the vulnerability scan, you identified a vulnerable service in the linux victim system. what was the name of the vulnerab
    6·1 answer
  • Dyckman Dealers has an investment in Thomas Corporation bonds that Dyckman accounts for as a trading security. Thomas Corporatio
    10·1 answer
  • Discuss the advantages of PES policy compared to other instruments such as tax, subsidy and direct control.
    7·1 answer
  • "george gets paid on fridays for a week's work; mai ling gets paid for every five wedding veils she completes. george is on a __
    11·1 answer
  • Monarch Company uses a weighted-average perpetual inventory system, and has the following purchases and sales: January 1 20 unit
    12·1 answer
  • If the price of chocolate-covered peanuts decreases from $1.10 to $0.90 and the quantity demanded increases from 190 bags to 210
    6·2 answers
  • The distinction between supply and the quantity supplied is best made by saying that___________.
    9·1 answer
  • Cash receipts from sales of property plant and equipment (ppe)are cash flows arising from?​
    8·1 answer
  • Sarah buys 500 shares of stock at $18 and sells the holding for a capital gain of $3,000. What was the share price at the time o
    7·1 answer
  • Assume that if you advertise and your rival advertises, you each will earn $4 million in profits. If neither of you advertises,
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!