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Marysya12 [62]
3 years ago
10

Existence value is closely related to Question 9 options: a) Valuation use b) Consumptive use c) Estimated use d) Non-consumptiv

e use: a) are used for direct subsistence by people who collect them b) constitute a majority of the global domestic product c) spoiled and must be destroyed before they can be sold d) sold commercially
Business
1 answer:
artcher [175]3 years ago
5 0

Answer:

A. Non-consumptive use.

A. Are used for direct subsistence by people who collect them.

Explanation:

Existence value simply refers to the satisfaction a person derives from the knowledge that something exists. He may not have a direct use for the commodity at the time , but just knowing that the material exists, serves as utility to him. This is the non-consumptive use.

Most natural resources like marine life and trees in the forests provide existence value to many. These natural resources can be used in a subsistence level by people who have access to them. For example, in local settings, trees can serve as firewood to people.

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Assuming year 2 cost of goods sold is $730,000, what are the company's average days to sell inventory
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There is a bill pending before the kansas state legislature that would prohibit private companies from selling health insurance
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<span>Quite a number of private health insurance companies have expended huge sums of money in a bid to prevent a pending bill before the Kansas state legislature from being passed into law. This bill advocates that the state should be the only payer of health care bills by prohibiting private establishments from selling health insurance. The action of these private health insurance companies is an example of rent-seeking behavior.</span>

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Which of the following would be best considered to be an agency conflict problem in the behavior of the following financial​ man
fredd [130]

Answer:

A. Bill chooses to pursue a risky investment for the​ company's funds because his compensation will substantially rise if it succeeds. 

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An agency conflict problem usually arises when the agent (managers) do not act in the best interest of his principals (e.g. shareholders) usually because of selfish interests of the agent (manager).

I hope my answer helps you

3 0
3 years ago
ABC Corporation raised capital through an offering of equity securities. Which component of the balance sheet has changed as a r
Stels [109]

Answer:

Share capital in the shareholders equity section

Explanation:

The balance sheet is structured according to the accounting formulae

Asset = Liabilities + Owners Equity

When a company raises capita by the issuing of securities or is referred to as share capital.

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8 0
3 years ago
Charles has decided to open a​ lawn-mowing company. To do​ so, he purchases mowing equipment for ​$​, buys gasoline ​($ in gas i
Masja [62]

Answer: $8,600

Explanation:

Implicit cost is also known as the opportunity cost which means that it is the benefit of the next best alternative that was foregone when the current decision was made.

The implicit cost here is therefore:

The $8,000 that Charles could have been making as a lifeguard.

The interest per year he could have been earning on the $5,000 he used to buy mowing equipment.

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6 0
3 years ago
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