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natta225 [31]
3 years ago
10

A benefit that is sought by an interest group and that once achieved cannot be denied to nonmembers is called a:

Business
1 answer:
aivan3 [116]3 years ago
8 0
<span>A benefit that is sought by an interest group and that once achieved cannot be denied to nonmembers is called a free rider. The free rider problem is created from market failure because people take advantage of being able to use common resources or collective goods without being able to pay for </span>them. 
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Explain the tax implications of compensation in the form of salary and wages from the perspectives of the employee and employer.
PtichkaEL [24]

Answer:

The overview including its situation becomes discussed below.

Explanation:

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3 0
3 years ago
If the total value of goods exported from a nation is less than the total value of goods imported to the nation, the nation is e
kompoz [17]

If the total value of goods exported from a nation is less than the total value of goods imported to the nation, the nation is experiencing a Trade deficit.

The difference between imports and exports is known as the trade deficit or negative balance of trade (BOT). A trade deficit develops when an economy spends more on imports than on exports. It can be computed for various commodities and services as well as for cross-border transactions.

The difference between the monetary value of a country's exports and imports over a specific time period is known as the balance of trade deficit, commercial balance, or net exports. A distinction between a trade balance for products and one for services is occasionally drawn.

Learn more about trade deficit here

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8 0
2 years ago
In a given amount of time John can produce either 40 pounds of vegetables or 10 pounds of chicken. In the same amount of time Ge
aleksandrvk [35]

Answer:

Ten pounds of chicken to trade for at least <u>40</u> pounds of vegetables but not more than<u> 50</u> pounds of vegetables

Explanation:

                  Vegetables        Chicken        Trade Off Ratio

John             40                     10                4:1 (40/10) or 1:0.25 (10/40)

George          25                      5                 5:1 (25/5) or 1:0.20 (5/25)

John has comparative advantage in Chicken and George has comparative advantage in Veggies because :

  • John's chicken opportunity cost, in veggies < George (4<5). George's veggies opportunity cost, in chicken < John (0.20<0.25).
  • George is more (5X) productive in veggies than chicken, than John (4X). John is less unproductive in chicken than veggies (1/4th), compared to George (1/5th).  

So,  John will sell Chicken to George & George will sell veggies to John. Gains from trade are when each get trade ratio better than their their own trade off ratio.

  • It implies: John gets >' 4 pounds veggies per chicken pound' and George gets > '0.20 pound chicken per veggie pound'.
  • Unitary method:-  '1chicken : 4veggies' = '10chickens : 40veggies' and '0.20chicken : 1veggie' = '10chickens : 50 veggies' .

7 0
3 years ago
The entry to record a purchase of $5,000 on account, terms of 2/10, n/30, would include a
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Calculate, from the following information accumulated by Bob​ Verna, the adjusted cash balance at the end of July.

Bank statement ending cash balance​ $6,000

General ledger cash balance ending​ 8,500

Bank monthly service charge 90

Deposits in transit​ 5,000

Outstanding cheques​ 3,000

NSF cheque returned with bank statement 410


4 0
3 years ago
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Assume the average annual CPI values for 2017 and 2018 were 207.3 and 215.3, respectively. What was the percent increase in the
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Answer:

quizlet answers

Explanation:

here

5 0
3 years ago
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