Answer:
The remaining part of the question is given below:
(Note that the subsidy can be granted to the education institutions or to the students directly or indirectly; for example, through low- interest student loans.)
a. P2-P0
b. P2-P1
c. P0-P1
d. P1
<u>Correct Answer:</u>
b. P2-P1
Explanation:
A pigouvian subsidy is a subsidy that is used to encourage behaviour that have positive effects on others who are not involved or society at large. <em>Behaviors or actions that are a benefit to others who are not involved in the transaction are called positive externalities.</em>
Answer:
The ideal allocation of 500 police officers should be in West Philadelphia.
Explanation:
We must first describe what the word "allocation" means. Allocation refers to a place that, due to some circumstance, needs to be considered as a place for the allocation of resources. These resources can be money, materials, raw materials, labor, among others.
In the question above, we can see that a wave of crime broke out in Philadelphia, making this region a place that is in need of a specific resource, police. In this case, the ideal allocation of 500 police officers is in West Philadelphia, where the number of crimes is very large and there is a need for professionals like the police.
Answer and Explanation:
The preparation of the production budget and The total required production for the year is as follows
<u> One Device </u>
<u> Production budget</u>
<u> For the first four months</u>
<u>Particulars Jan Feb Mar April Year</u>
Expected
unit sales 500 units 800 units 450 units 550 units
Add:
Ending
inventory 160 units 90 units 110 units 120 units
($800 × 20%) ($450 × 20%) ($550 × 20%) ($600 × 20%)
Total
required units 660 units 890 units 560 units 670 units
Less:
Beginning
inventory 100 units 160 units 90 units 110 units
($500 × 20%) ($800 × 20%) ($450 × 20%) ($550 × 20%)
Required
production
units 560 units 730 units 470 units 560 units 2,320 units
