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Answer:
b. social benefits will be greater than private benefits
Explanation:
Positive externalities can be defined as those that produce positive effects for society in relation to the consumption of a good or service.
This is because the social benefit is the sum of the private benefit plus the sum of the external benefit.
An example of positive externality pertinent to the present is the fact that vaccinating people generates greater positive effects on society, because when vaccinating an individual there is less chance of having more people infected with some disease.
So it is correct to say that the social benefits will be greater than the private ones. Letter b.
Answer:
Results are below.
Explanation:
The absorption costing method includes all costs related to production, both fixed and variable. <u>The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead. </u>
The v<u>ariable costing method incorporates all variable production costs (direct material, direct labor, and variable overhead).</u>
<u>Unit cost under absorption costing:</u>
Unitary product cost= 137 + 75 + 4 + (846,800/14,600)
Unitary product cost= $274
<u>Unit cost under variable costing:</u>
Unitary variable product cost= 137 + 75 + 4
Unitary variable product cost= $216
Answer:
The federal funds rate is the rate at which banks borrow money overnight. When the Fed wants to stimulate the economy, it will lower the short-term funds borrowing rate. In response, banks typically lower the interest rates they charge to consumers for a variety of loans.
