Conducting yourself ethically and legally could have examples of: making products that are trustworthy, don't false advertise (yes, you can legally do things like endorsements and bandwagons, but you can't say "If you buy this product, you will be elected to a high office!".
Answer:
D) The supply of the output from the hydroelectric power plants to increase
Explanation:
The externality here is a negative one where the hydroelectric plants has to bear the cost of pollution as the paper mills operates.
Correcting means to make the paper mills pay for the external costs of their production and compensate the power plant for the additional cost that incurred as they have to clean up the water.
As the cost of production reduces, the power plant will be more willing to supply electricity at similar prices, ie. their supply curve will shift to the right. It will intersect with the demand curve of the consumers at a point with higher quantity (and maybe lower price)
In other words, they will supply more electricity.
Answer:
<u><em>(It seems that the amount in question is wrongly typed as 65,000 instead of 65,000,000)</em></u>
The correct answer is $40,000.000.
Explanation:
The answer is calculated from guidlines provided in IFRS 10.
As per accounting standards the price paid above fair value of net asset is taken as goodwill. Goodwill is accounted as asset in balance sheet.
As fair value is not given we will assume that book values are equal to fair value. The detail calculations are given below.
Consideration paid $ 65,000,000
FV of net asset ($ 25,000,000)
Goodwill $ 40,000,000
Answer:
B.the law of increasing opportunity cost
Explanation:
PPF is graphical representation of product combinations that an economy can produce, given resources & technology
It is downward sloping because - given same resources & technology, one good 's production can be increased by decreasing production of other good.
Resources are assumed to be unequally efficient in production of resources. Shifting production from one good to other occurs with increasing Marginal Opportunity Cost (amount of good sacrifised to gain an additional unit of the other good.
This makes slope of PPC i,e MOC to rise & makes it concave i.e outward bending
Rent things, get a loan, and even sometimes even buying new things such as cars or houses
