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Softa [21]
3 years ago
10

Spring is here, and Becky and her dad would like to go fishing for the weekend in Washington. Becky could either go to the river

in town where anyone can fish without a permit, or she could drive up to a stream located on her family's property in the countryside to fish. Assume that, no matter where people fish, all of the fish that are caught would be kept (that is, there is no "catch and release" policy).4. Common resources versus private goods Spring is_____________
Business
1 answer:
Luda [366]3 years ago
6 0

Answer:

In this case, the fish are considered rival goods, because if Becky, her dad, or any other person catches one fish, this person keeps it, preventing other people from catching and consuming it.

In this case, the river in town is non-excludable, while the stream at Becky's property is excludable. The river in town does not exclude anyone from fishing, while Becky's family probably does not allow anyone other than family to fish in the stream located at their property.

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Daniel is resigning from his position as a marketing specialist and would like a permanent record of her official resignation. W
Damm [24]

Answer:

a. Letter

Explanation:

A letter is written communication from one party to another. Letters are written on a designated paper, put in an envelope and send either by post or hand-delivered.

A letter can be formal or informal. Daniel should write a formal letter to his boss informing him of his resignation. Should Daniel write a letter, It will an official document in the company. The company will be file the document appropriately and will stay intact for many years.

Daniel can also keep a copy of the letter for himself. A letter has an advantage over the other electronic options. Electronic records can be deleted permanently or get lost should the systems collapse.

4 0
3 years ago
he primary functions of management are... Group of answer choices Producing change and movement Producing a creative vision Prod
Blizzard [7]

Answer:

Producing order and consistency

Explanation:

Management involves the control, planning and organization of the affairs of a business firm.

Basically, the management of an organization is saddled with the responsibility of planning, organizing, controlling and staffing within the organization.

Hence, we can safely deduce that the primary functions of management are producing order and consistency within an organization, so as to meet their set goals, aims and objectives.

This ultimately implies that, the management of a business firm or an organization's with respect to its direction, objectives, and strategy are never final because an effective management strategy is a continuum or an on-going, dynamic process. Thus, it is never a now and then task.

6 0
3 years ago
A company that produces custom bike license plates spends $5525 per month in building overhead plus $2.50 per license plate. if
vivado [14]

<u>Calculation of Breakeven Point:</u>

The breakeven point (units) can be calculated using the following formula:

Breakeven Point (Units) = Total Fixed cost/ (Selling Price- Variable Cost)

It is given that the company produces custom bike license plates and spends $5525 per month in building overhead plus $2.50 per license plate. The plates sell for $5.99 each.

Hence,

Breakeven Point (Units) = 5525 / (5.99-2.50) = 1583.09

Hence we can say that the company must sell <u>1583 plates</u> each month before making the profit.



8 0
3 years ago
Which government agency has the authority to ban or seize potentially harmful products and set severe penalties for violation of
Natali5045456 [20]
Answer: (a) FOOD AND DRUG ADMINISTRATION (FDA)

Food and Drug Administration (FDA) is a federal agency of the USA that protects and promotes public health. It also looks over food safety, drug safety, etc. various laws are included in FDA such as Public Health Service Act, Federal Anti-Tampering Act, etc.
4 0
3 years ago
Arona Corporation manufactures canoes in two departments, Fabrication and Waterproofing. In the Fabrication Department, fibergla
nata0808 [166]

Answer:

Arona Corporation

Journal Entry:

Debit Finished Goods Inventory $

Credit Work in Process - Waterproofing Department $

To transfer 70 canoes to the finished goods inventory.

Explanation:

Arona Corporation makes this entry to transfer 70 canoes to the finished goods inventory account in order to record the completion of the production process by the Waterproofing Department.  The Work in Process of the Waterproofing Department is credited with the value of 70 canoes multiplied by their unit costs.  Then the Finished Goods Inventory is debited to record the transfer.  These entries show that the Waterproofing Department is not indebted to the organization having completed its assignment.

5 0
4 years ago
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