Answer:
Government Solution : Pollution Emission Permits, 'Cap & Trade' pollution Economic Incentive, Pigovian Tax
Explanation:
Pollution is a negative externality, which has extra negative side effect (social cost), not accomodated in the market price.
The optimal pollution level is where : marginal cost of pollution abatement = marginal benefit from pollution abatement. Given, government knows the marginal cost of abatement (firm cost to reduce cost at each quantity) & the determined optimal quantity of population.
Then, it should allocate the optimal pollution level as 'pollution emission permits' among all the pollutant firms. 'Cap & trade' system can also be used as economic incentive. It implies firms having less pollution emissions than the pollution emission permits, can sell their pollution permits to other firms, needing to emit pollution more than the permissible limit. Government can also apply pigovian tax = marginal social cost of the extra pollutant emission at the optimal level, to ensure pollution emission at optimal level.
Answer:
$82
Explanation:
As company Uses FIFO system, it will sell first two products
The cost price =($60 + $67 = 127).
So Gross profit = Selling Price-Cost Price
Gross Profit = 209-127
= $82
The gross profit for the period is $82
Answer:
b) Cookie
Explanation:
Cookie refers to small information stored by web server in the computer whether for temporary purpose or for permanent in the hardware, it creates the preference based on information stored.
That is whenever the information is stored by the web server which helps in tracing the preference, of the user in future for any activity, is known as cookie.
Thus, correct option is
b) Cookie
The answer in the space provided is the buyback clause. The
buyback clause is a sort of contract that has provision in which the seller has
rights of having to purchase his or her own property with the use of rules or
conditions.
Answer:
it wll apply 335 dollars of overhead
Explanation:
Assembly rate: 45 dollars per machine hour
Sanding rate 15 dollars per labor hour
On assembly we will only follow the machien hours to apply the overhead rate
On sanding we will apply based on labor hours on that department, we will ignore the rest.
Job 603
Machine hours on Assembly: 4 x 45 = 170
Labor hours on Sandings: 11 labor hours x 15 = 165
applied overhead using the deparmental overhead rate: 335