<u>Answer:</u> a. Negative externality
b.Positive externality
c.Positive externality
d.Positive externality
e.Negative externality
<u>Explanation:</u>
Positive externatility are the advantages which the people enjoy apart from the marketplace for which they do not pay any money. Negative externality means negative consequences faced by the people outside due to the activities of the firm.
A.In the scenarios given above when resource are over allocated the public resources are depleted and creates negative externality .
B. Tammy's case by raising garden increases the value of the public property which is positive externality.
C.Market demand is low so prices are low it is positive externality..
D.When resource are under allocated the public resources are not depleted and creates positive externality .
E. Water pollution affects public and creates negative externality . .
There aren't very many similarities in modern and ancient medicine, however one othe similarities would be acupuncture. We still use acupunture today" as the ancient Chinese did thousands of years ago.
Answer:
b) 156
Explanation:
Total utility is the total amount of satisfaction received by a consumer after consuming a given quantity of a product or service. In this question there is the total utility of five product.
Total utility = 162
utility of fifth product = 6
Total utility of other four products = Total utility - utility of fifth product
Total utility of other four products = 162 - 6 = 156
Answer:
Overhead absorption rate
= Overhead absorbed/Actual labour cost x 100
= $4,400/$800 x 100
= 550% of direct labour cost
Explanation:
Since the overhead absorbed is $4,400, there is need to divide the overhead absorbed by actual direct labour cost multiplied by 100. This gives the overhead application rate.
