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Studentka2010 [4]
3 years ago
10

Suppose that the Anytown city government asks private citizens to donate money to support the town's annual holiday lighting dis

play. Assuming that the citizens of Anytown enjoy the lighting display, the request for donations suggests that:_______
a. the display creates negative externalities.
b. government should tax the producers of holiday lighting.
c. resources are currently overallocated to the provision of holiday lighting in Anytown.
d. resources are currently underallocated to the provision of holiday lighting in Anytown.
Business
1 answer:
lyudmila [28]3 years ago
3 0

Answer:

d. resources are currently underallocated to the provision of holiday lighting in Anytown.

Explanation:

Suppose that the Anytown city government asks private citizens to donate money to support the town's annual holiday lighting display. Assuming that the citizens of Anytown enjoy the lighting display, the request for donations suggests that resources are currently underallocated to the provision of holiday lighting in Anytown.

Resources are underallocated when resources are poorly managed and it means governement have more resources than it is required to complete the job, which lead to the wastage of money and potential to produce more. Economists consider governement to be of not use if resources are under allocated.

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Dyed-Denim Corporation is seeking to lower the costs of value creation and achieve a low-cost position. As a result, it plans to
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Answer:

The correct answer is location economies

Explanation:

Location economies refers to a situation where goods are produced under the optimal economic conditions.

In determining this location,companies usually consider cultural,economic and legal perspectives,in that they are able to locate their manufacturing outfits where the combination of these factors is most favorable.

The ease of transporting output and trade barriers are also examined such that the goods produced can be transported to consuming nations all around the world without logistics headache or trade sanctions.

8 0
3 years ago
The Fabricating Department started the current month with a beginning Work in Process inventory of $10,000. During the month, it
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Answer:

$13,000

Explanation:

Calculation for what The ending balance of the Work in Process Inventory account for the Fabricating Department is:

Beginning Balance 10,000

Add Direct Materials 76,000

Add Direct Labor 24,000

Add Factory Overheads 12,000

(50% *24,000)

Less Work Transferred (109,000)

Ending Balance $13,000

Therefore The ending balance of the Work in Process Inventory account for the Fabricating Department is:$13,000

6 0
3 years ago
Prepare the journal entries for Mayhem Manufacturing:
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Organization Expenses Dr 7,500
Cash 7,500

June 14 Cash Dr 120,000
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Paid-In Capital in Excess of par value—Common 10,000

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6 0
3 years ago
As a result of monetary policy of the Fed, the dollar appreciated and the amount of exports decreased. Which of the following Fe
vodka [1.7K]

Answer:

D. A Fed sale of bonds to brokers and banks.

Explanation:

The sale of bonds to banks and brokers is a contractionary open market policy. Its objective is to check inflation by slowing down the rate of economic growth. When the Fed offer bonds to the markets at a higher interests rate, banks will prefer to buy the bonds than lending out money to household and firms.

Producers rely on banks to fund their operations. If they cannot obtains loans for production and growth, their output decreases. A decrease in output results in reduced exports.  Low production of US goods means a reduced supply to the international market. It means international buyers will be competing for fewer US products. As the markets compete for the few available products, they push the demand for the dollar up, causing it to appreciate in value.

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3 years ago
The staffing policy that seeks the best people for key jobs throughout the organization, regardless of nationality, is called
Juli2301 [7.4K]

The question is incomplete:

The staffing policy that seeks the best people for key jobs throughout the organization, regardless of nationality, is called:

a. Ethnocentric staffing policy

b. Polycentric staffing policy

c. Geocentric staffing policy

d. None of the above

Answer:

Geocentric

Explanation:

-Ethnocentric staffing policy is when a business that has global operations seeks the people for key positions from the home country.

-Polycentric staffing policy is when a company seeks employees in the home country for positions in the headquarters and people from other places for the other offices abroad.

-Geocentric staffing policy is when a company seeks the best person for each position without considering the nationality or culture.

According to this, the answer is that the staffing policy that seeks the best people for key jobs throughout the organization, regardless of nationality, is called geocentric staffing policy because the company only focuses on the person that best fits the position without considering the nationality.

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