A corn farmer is considered a free rider if he chooses not to join the national interest group his fellow farmers created, yet still reaps the benefits of the tax incentives the group lobbied for and won.
The free rider problem is an economic concept of a market failure that occurs when people or individuals are benefiting from resources, goods or services that they do not pay for. In our case, the corn farmer is benefiting from the tax incentives the group lobbied for, yet he or she made zero input or effort to contribute to the groups agenda in getting tax incentives. <span />
<span>he deposits the money into his
checking account at first main street bank is the answer</span>
ANSWER: The most correct option is, option D. " Is the only company that manufactures organic fair trade chocolate".
EXPLANATION: The Theo chocolate which has been in existence since 2006 and they are the first and only chocolate company that uses organic fair trade in it's chocolate production in America. They has used an organic fair trade strategy, to bring in concerns from chocolate lovers, which shows how genuine and compassionate the company has been to cocoa farmers by announcing a fair price for buying cocoa from all farmers. This will also make chocolate lovers, to believe the company uses organic products in it's production of chocolate. This marketing strategy has made the Theo chocolate to be operational till date.
Answer:
the break even point is $28,000.00
Explanation:
The computation of the break even point is given below:
= Total fixed expenses ÷ contribution margin ratio
= $9,800 ÷ (1 - 0.65)
= $9,800 ÷ 0.35
= $28,000.00
Hence, the break even point is $28,000.00
We simply applied the above formula
