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solniwko [45]
2 years ago
5

A landfill site produces an obnoxious odor. Homes downwind of the site rent for $1000 per month while homes upwind of the site r

ent for $1500 per month. If the odor is the only detectable difference between two neighborhoods, the difference in the rent is the ________ of the odor. Group of answer choices
Business
1 answer:
Eddi Din [679]2 years ago
5 0

Answer:

External cost

Explanation:

External cost is a cost that is gotten from any economic transaction, in which the person or entity bearing the cost is not directly involved in. They are also known as spill over costs. The offensive odor in the question has generated an external cost at different locations from the site, the cost of rent differs. External costs usually have negative effects, from our question we can see that the odor from the landfill site must be intolerable for people residing in the area.

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E none of the above

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A ______________ merger unites firms at different stages of related businesses.
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The following facts apply to the pension plan of Culver Inc. for the year 2017. Plan assets, January 1, 2017 $495,100 Projected
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Answer and Explanation:

The preparation of pension worksheet is shown below:-

                      General Journal entries

Particulars             Annual pension    Cash    Pension Assets/

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Interest cost              $39,608 Dr.

                              (495,100 × 8%)

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Journal Entry 31 Dec  $31,208 Dr.      $26,600 Cr.   $4,608 Cr.

Balance 31 Dec 217                                                      $4,608 Cr.

                                       Memo record

                                 Projected benefit obligation        Plant assets

Balance Jan 1 2017     $495,100 Cr.                                 $495,100 Dr.

Service cost                 $43,700 Cr.

Interest cost              $39,608 Cr.

                              (495,100 × 8%)

Actual return                                                                    $52,100 Dr.

Contributions                                                                  $26,600 Dr.

Benefits                    $36,500 Dr.                                   $36,500 Cr.

Balance 31 Dec 217    $541,908 Cr.                                 $537,300 Dr.

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