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Zarrin [17]
3 years ago
14

Identify whether the market supply curve will shift right or left or will stay the same for the following: a. Firms in an indust

ry are required to pay a fine for their carbon dioxide emissions. b. Companies are sued for polluting the water in a river. c. Power plants in a specific city are not required to address the impact of their air quality emissions. d. Companies that use fracking to remove oil and gas from rock are required to clean up the damage.
Business
1 answer:
dybincka [34]3 years ago
3 0

Answer:

1. In first example, supply curve moves to the left. Delivery curve moves to the left as supply is heading downward due to variables apart from rate change. In this scenario, the cost of output rises due to the current penalty, and vendors will be able to produce less at the same amount.

2. In second scenario, businesses are prosecuted for contaminating river water, rises in manufacturing prices and vendors will be able to produce worse at the same amount. The output curve then shifts for its left.

3. In third case the output curve will remain the same. That's since the quantities given does not change.

4. In this situation, the harm done by drilling must be cleaned up by the businesses. Hence, production cost rises, and vendors will be willing to provide worse at the provided price. The supply curves then shifts to the left.

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3 years ago
Farris Corporation, which has only one product, has provided the following data concerning its most recent month of operations:
krek1111 [17]

Answer:

$61

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Evgesh-ka [11]

Answer:

The manufacturing overhead applied to work in process is:

D. $79,000

Explanation:

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b) The manufacturing overhead applied to Work in Process is the difference between the total manufacturing costs to account for and the costs of beginning work in process, direct materials, and direct labor for the period.  When the ending work in process is deducted from the total manufacturing costs, the resulting figure represents the cost of goods transferred to finished goods inventory.

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3 years ago
An economy is experiencing a high rate of inflation. The government wants to reduce consumption by $24 billion to reduce inflati
Eva8 [605]

Answer:

It should raise up to 56 percent of taxes

Explanation:

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3 years ago
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