Answer:
individuals will tend to become free riders, and private firms will have difficulty generating enough revenue to produce an efficient quantity of the good.
Explanation:
A public good is a good that is non excludable and non rivalrous. Everyone has assess to the statue and because one person is enjoying the view of the statue does not means another person cannot enjoy the view of the statue
The free rider problem is a form of market failure. It occurs when people benefit from a good or service of communal nature and do not pay to enjoy these services.
Because a public good is non-excludable, the problem of free rider increases so private firms would be unable to generate adequate revenue
Answer:
c. Cultural differences, government demands, and local competitors
Explanation:
Philips organization is multinational organization and it encounters the forces of local responsiveness as follows:
Cultural differences: As it is selling electronics it will remove cultural differences as that arise, because each person irrespective of its culture will use electronics.
Government demands of the country in which the organization is set up has to be met in order to thrive and find extra support from government.
As the company is an outsider to the states it needs to evaluate the local competitors properly in order to thrive and lead in the state of Netherlands.
Answer:
The correct answer is the option A: subject to intermediate scrutiny unlike political speech.
Explanation:
On the one hand, the <em>First Amendment to the United States Constitution</em> is the law that basically protects the rights of the people to have a free speech and moreover, establishes that the government can not intervene in an establishment of religion and prohibits the free exercise of religion.
On the other hand, the <em>Commercial Speech</em> under the First Amendment is seen as a particular case of speech due to the fact that this one can be harmful for the people and therefore can be fraudulent to them and in order to prevent that from happening the First Amendment does not protect so much the commercial speech and this last one is far more regulate it by the government than political speech.
Answer:
$35,000
Explanation:
Since this is an operating lease (short lease term, no transfer of ownership, and low present value of lease payments), the lessor has to record a depreciation expense, but the lessee only considers lease payments as operating costs (no depreciation expense or lease liability should be recognized).
Depreciation expense per year under the straight line method = asset cost / useful life = $280,000 / 8 years = $35,000