An externality is a benefit or cost associated with an activity that accrues to some third party who is not a direct participant in the activity. The Tragedy of the Commons suggests that people and states have a general set of incentives that encourage them to limit their consumption of public resources.
<h3>What Is an Externality?</h3>
An externality is a cost or benefit caused by a producer that is not financially incurred or received by that producer. An externality can be both positive or negative and can stem from either the production or consumption of a good or service.
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The scenario illustrates the use of algorithms. Using an
algorithm is a way of having to do a procedure that features a step by step function
in means of having to get the result of the data and to know how the results
will be processed.
Answer:<u> </u><u><em>Relevant cost of new preferred stock = 10.53%</em></u>
Explanation:
Given:
Dividend = $4.00 per share
Selling for = $40 per share.
Flotation costs = 5% of the selling price.
Marginal tax rate is 30%.
We can compute the cost of new preferred stocks using the following formula:


∴ Relevant cost of new preferred stock = 10.53%
Therefore, the correct option is (d)
Answer:
$50,000:$400,000
Explanation:
Based on the information given we were told that the Broker's commissions and other selling expenses was the amount of $50,000 in which They as well made purchased of a new residence in July for the amount of $400,000 which means that the recognized gain will be $50,000 the amount of Broker's commissions and other selling expenses and the adjusted basis of the new residence will be $400,000 which is the cost of purchasing a new residence.
The one who will most likely have a higher BAC is the father because a person who is older will most likely have the higher BAC, as the father is already seventy five and much older to his son, he will be therefore have a higher BAC compared to his son.