1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ivenika [448]
3 years ago
10

National defense is a good that is nonexcludable and nonrival in consumption. Suppose that instead of national defense being pai

d for with tax dollars national defense is paid for by voluntary contributions from (potentially) all individuals within Latvia. Cedric, who is a Latvian citizen, must decide whether he wants to contribute to the national-defense budget. Further, suppose that there are a total of 10 citizens, including Cedric. For the optimal amount of safety, each citizen should pay $10$10 . Every $1$1 contributed (by anyone) to the national defense leads to increased security, which each person values at $0.20$0.20 . This means that every dollar spent on defense is worth $2.00$2.00 to Latvia as a whole. How much does Cedric personally value the increase in national defense when he contributes $10$10 to the defense fund? Cedric's personal value: $ If contributions are voluntary, and assuming people rationally maximize their utility, what is the total contributed to national defense? total contributed voluntarily: $ Suppose that instead of relying on voluntary contributions the government simply levies a tax of $10$10 on each person to pay for national defense. How much better or worse off would Cedric be if everyone (including himself) were taxed $10$10 instead of contributing voluntarily? If Cedric is worse off, be sure to put a negative sign in front of the number. Cedric's gain or loss under tax: $

Business
1 answer:
ElenaW [278]3 years ago
3 0

Answer:

Explanation:

find the attached document below

You might be interested in
Information technology has been used to improve both internaland external access and sharing of information. Three main kinds of
Mashcka [7]

Answer:

1. Executive Information System (EIS).

2. Corporate Portal.

3. Intranet.

Explanation:

Information technology (IT) can be defined as a set of components or computer systems, which is used to collect, store, and process data, as well as dissemination of information, knowledge, and distribution of digital products.

An information technology (IT) interacts with its environment by receiving data in its raw forms and information in a usable format.

Information technology (IT) has significantly helped to improve both internal and external access and sharing of information between two or more business firms and individuals. Basically, there are three (3) main kinds of information technology (IT) which allow informations to be accessed and shared internally among employees; executive information systems (EIS), intranets, and portals.

1. Executive Information System (EIS): it assist managers working in an organization to monitor and analyze organizational performance. An Executive information system is also referred to as an Executive support system and it can be defined as a management support system that enhances and supports all of the senior executive information and decision-making process.

2. Corporate Portal: it's a hybrid system that uses a web address (uniform resource locator-URL) to give employees access to customized information and specialized transactions with respect to an organization.

3. Intranet: it's an internal company network which is private and provides employees with easy access to information.

8 0
2 years ago
payment history and total debt, together, comprise of 65% of your score. why do you think it’s so high?
Otrada [13]

<u>Solution and Explanation:</u>

Most money related specialists characterize a terrible FICO rating as anything beneath a 600, however, every loan specialist has its own principles while checking on applications. The normal American has a FICO assessment of 687, which helps put the range into viewpoint.  

In the event that you have poor credit, you've presumably had a blend of negative things on your credit report, as missed installments, misconducts, or possibly a chapter 11 or dispossession. You can generally demand a free credit report to make sense of what precisely is keeping your score so low. Truth be told, we prescribe checking your credit report each year.  

Government law permits you access to a free duplicate of every one of your three reports like clockwork, so there's no explanation not to exploit this advantage.

6 0
3 years ago
____ has experienced a rapid increase in the use of credit cards for purchase?
ch4aika [34]
Of countries?
Probably you mean Thailand then.
7 0
3 years ago
Krete is an unmarried taxpayer with income exclusively from wages. By December 31, year 1, Krete's employer has withheld $16,000
storchak [24]

Answer:

The answer is: $0

Explanation:

Krete would have been forced to pay a penalty only if her taxes due after withholdings were over $1,000 . Since she only owed $200 in taxes, she will not receive any penalty for underpayment. But she will still have to pay a penalty for not paying the $200 she owes (this is a separate penalty).

4 0
3 years ago
A decision-making process that compares how much time and effort would be invested in providing assistance to the perceived rewa
Sav [38]

Answer:

The correct answer to the following question will be "Cost-benefit analysis".

Explanation:

The cost-benefit analysis also referred to as Benefit-cost analysis, is a strategic approach to evaluating the weaknesses and strengths of approaches used only to define solutions that provide the best strategy for generating advantages while retaining costs.

This can be used to assess implemented or future actions or to measure the benefit of decision, initiative or program costs.

Therefore, this will be the right answer.

3 0
2 years ago
Other questions:
  • Ray's Satellite Emporium wishes to determine the best order size for its best-selling satellite dish (model TS111). Ray has esti
    9·1 answer
  • The b vitamin content of a whole grain is dramatically decreased during the refining process. to counteract these losses, in the
    5·1 answer
  • Instead of living in a service economy, we now live in a(n) ________ economy.
    10·1 answer
  • Suppose a security has a bid price of $100 and an ask price of $100.12. At what price can the market-maker purchase a security?
    5·1 answer
  • When a hurricane rips through Florida, the price of oranges rises because the demand curve shifts to the left. supply curve shif
    11·1 answer
  • If a firm adheres strictly to the residual dividend policy, and if its optimal capital budget requires the use of all earnings f
    15·1 answer
  • Suppose that an economy is producing on its production possibilities curve but is not producing quantities of each good where th
    7·1 answer
  • Pessimism Suppose the economy is in long-run equilibrium. Then because of corporate scandal, international tensions, and loss of
    15·1 answer
  • Your portfolio has a beta of 1.28. The portfolio consists of 25 percent U.S. Treasury bills, 31 percent Stock A, and 44 percent
    14·1 answer
  • A political leader suggesting that an economic downturn will be cushioned by nondiscretionary fiscal policy is referring to:____
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!