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yarga [219]
3 years ago
11

Market failure associated with public goods A group of university students buys coconuts from a farmers' market. The students co

nsume the meat of the coconuts for food and use the shells to make sculptures. These sculptures are placed in a public park that any student can visit. The park sustains itself through students' donations. Some individuals have no incentive to donate to the park and will, instead, depend on those who do donate. This is an example of which of the followingf?a. The free-rider problemb. A negative externallyc. Efficient allocation of coconutsd. Overuse of coconuts
Business
2 answers:
Gnom [1K]3 years ago
8 0

Answer:

The correct answer is letter "A": The free-rider problem.

Explanation:

The free-rider problem refers to someone being able to get what others pay more for less or just for free. The problem comes when people are unable to pay their fair share for something the majority of others pay for. When it comes to public goods, this is most prominent.

MissTica3 years ago
7 0

Answer:

a. The free-rider problem

Explanation:

The free-rider problem is when people benefit from using a public good but do not pay to enjoy the benefits. The students benefit from the park by visiting the park but do not donate.

Negative externality is when the benefits of economic activities to third parties is less than the cost.

I hope my answer helps you

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Bertucci Corporation makes three products that use the current constraint which is a particular type of machine. Data concerning
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Answer:

Bertucci Corporation

The amount the company should be willing to pay to acquire more of the constrained resource per minute is:

a. $12.40 per minute

Explanation:

a) Data and Calculations:

                                             TC             GL                NG

Selling price per unit       $ 494.40   $ 449.43     $ 469.68

Variable cost per unit     $ 395.20    $ 320.21     $ 373.92

Contribution per unit        $99.20      $129.22       $95.76

Minutes on the constraint     8.00             7.10            7.60

Contribution per minutes  $12.40        $18.20        $12.60

6 0
3 years ago
Read 2 more answers
Lloyd is a divorce attorney who practices law in Florida. He wants to join the American Divorce Lawyers Association (ADLA). The
Rasek [7]

Answer:

13 years

Explanation:

Note that, if we add the annual interest rate of 7.9% to $8000 [(0.079*8000)+8000] we get a total value of $8632. We perform random division of the 8632 with 11 12, 13 years we note that at 13 years the total annual payment is lowest.

Such that 8632/13 years= $664 lower than paying $750.

8 0
4 years ago
You are considering a project which will provide annual cash inflows of $4,500, $5,700, and $8,000 at the end of each year for t
liraira [26]

Answer:

Total PV= $15,103.49

Explanation:

Giving the following information:

Cf1= 4,500

Cf2= 5,700

Cf3= 8,000

Discount rate= 9%

<u>To calculate the present value, we need to use the following formula on each cash flow:</u>

PV= FV/(1+i)^n

Cf1= 4,500/(1.09)= $4,128.44

Cf2= 5,700/1.09^2= $4,797.58

Cf3= 8,000/1.09^3= $6,177.47

Total PV= $15,103.49

3 0
3 years ago
A soup kitchen falls under what type of organization?
juin [17]

food bank because they used a soup kitchen during the Great depression and it's for the homeless people too it has to be program

7 0
3 years ago
A company normally sells it products for $20 per unit, which includes a profit margin of 25%. However, the
raketka [301]

Answer:

$2,600

Explanation:

The computation of the inventory value is shown below:

Market value = 200 units × $16

= $3,200

And, the cost is

= 200 units × $13

= $2,600

So the lower of cost or market value would be considered

Since $2,600 would be lower so the same would be equivalent to the inventory amount

8 0
3 years ago
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