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stiv31 [10]
3 years ago
14

When the price of a good increases, it undoubtedly hurts individual consumers, since they now have to pay more for a particular

good. However, there are some cases in which a price increase can actually serve the public interest.
Which of the following is an example of a price increase that serves the public interest? Check all that apply.

(A) A monopolist sets its price above that which would occur in a perfectly competitive market.
(B) The price for a hunting license is increased in an effort to reduce the number of hunters.
(C) A law is passed increasing the price of cigarettes in an effort to decrease secondhand smoke.
Business
1 answer:
ludmilkaskok [199]3 years ago
5 0

Answer:

The answers that apply are:

(B) The price for a hunting license is increased in an effort to reduce the number of hunters.

(C) A law is passed increasing the price of cigarettes in an effort to decrease secondhand smoke.

Explanation:

Hunting is a practice that governments are trying to control and decrease.  So if government want to decrease the amount of people hunting they should increase the price of the licence.

Smoking is unhealthy,  so the law increase the price for healthy reasons.  

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Answer:

37,000 units

Explanation:

The computation of the total equivalent units for direct material is shown below:

= Transferred to finished goods during the month of July + Ending work in process during the month of July - Inventory in process, July 1

= 37,500 units + 3,500 units - 4,000 units

= 41,000 units - 4,000 units

= 37,000 units

We simply applied the above formula so that the total equivalent units for direct materials could come

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The balance of​ stockholders' equity at the beginning of the year and the end of the year was $ 60 comma 000 and $ 67 comma 000​
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Answer:

Explanation:

Income/ (loss) for the year = Equity balance at the end +dividend paid- equity balance at the beginning

=$67,000+22,000-$60,000

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8 0
3 years ago
Faced with incomplete information about the future national economic conditions, many employers have eschewed the tradition of h
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Answer:

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Multiple Choice Is an outflow of cash from the use of a plant asset. Is applied to land. Measures the decline in market value of
azamat

Answer:

Is the process of allocating to expense the cost of plant asset.

Explanation:

Depreciation is an expense indicating a decline in the value of the capital assets due to tear and wear, obsolescence, consumption, time span, etc. It's shown on the income statement debit side. It is a non-cash item which has no effect on the cash balance.

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