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Jlenok [28]
3 years ago
8

External costs are those costs: Multiple Choice that fall directly on an economic decision maker. that fall indirectly on an eco

nomic decision maker. that are both social costs and private costs. that are imposed without compensation on someone other than the person who caused them.
Business
1 answer:
Maksim231197 [3]3 years ago
7 0

Answer:

The correct option is D

Explanation:

External cost is the form of an expense which occur while consuming or producing the goods and services that imposes the cost or expense ( with negative effect) on the third party.

If there are the external costs while consuming the good, then the social costs would be greater than the private cost.

So, the external cost is defined as the cost that is imposed without any compensation on someone other than the person who cause or incur it.

You might be interested in
Cypress Systems Inc., of Florida, agrees to sell specialized hydroponic growing equipment to Landcaster's of Australia. Because
exis [7]

Answer:

B) $5,000

Explanation:

Cypress total bill is $1,000,000. Since a foreign bank is going to provide them a service (the acceptance of payment) it will charge them 1.4% per year or 0.7% for thee six month period.

That means that Cypress will collect $1,000,000 x (1 - 0.7%) = $993,000

If Cypress decides to sell the bankers acceptance at a 1% annual fee, he will lose an additional 0.5% for the 6 month period = $930,000 x 0.5% =  $4,965. Apparently we have to round to the nearest thousand ≈ $5,000

6 0
3 years ago
Anna Prentice has worked for years fixing broken typewriters. She is laid off from her job as fewer and fewer people use typewri
fenix001 [56]

Answer:

1. structural unemployment 

Explanation:

Structural unemployment is a form of unemployment that occurs when there's a mismatch between labour's skills and the available jobs. It occurs as a result of technological change.

Anna is unemployed because she can't get a job in her field. Therefore she's structurally unemployed.

Frictional unemployment occurs between the time labour leaves his current employment and the time he finds another one.

Cyclical unemployment is when employment level changes with the business cycle. It rises during a downturn and falls during a upturn.

I hope my answer helps you

4 0
3 years ago
Housing subsidies for low-income households:__________.
Trava [24]

Answer:

D. represent a non-cash transfer.

Explanation:

Subsidized Housing is simply a form of housing where financial incentive is somehow given or provided in the form of a direct payment or tax relief to the housing developer, individual renter e.t.c.

Subsidy is said to be an incentive financial) give in the form of a direct payment or tax relief to the housing developer, property owner, or individual renter.

Low-Income Households are usually a households whose incomes do not surpass 80% of the median income for the area as stated by the department of housing and urban development.

8 0
3 years ago
The slope of a country's production possibility frontier with cloth measured on the horizontal and food measured on the vertical
user100 [1]

Answer:

MPLF/MPLC; becomes steeper

Explanation:

The slope of a country's production possibility frontier with cloth measured on the horizontal and food measured on the vertical axis in the specific factors model is equal to MPLF/MPLC and it becomes steeper as more cloth is produced.

Where

- MPLC is Marginal Product of Labor for Cloth.

- MPLF is Marginal Product of Labor for Food.

5 0
3 years ago
Read 2 more answers
JCS Incorporated experienced the following transactions during its first year of business. The company purchased $16,000 of merc
12345 [234]

Answer:

46.67%

Explanation:

Gross margin is the ratio of gross profit to the total sales. The gross profit is the difference between the sales and cost of goods sold. Other cost given such as land and selling and distribution cost make up assets and  operating expenses respectively.

Hence

Gross profit = $30,000 - $16,000

= $14,000

Gross margin = $14,000/$30,000

= 0.4667

The company's gross margin is 46.67%.

4 0
3 years ago
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