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Ludmilka [50]
3 years ago
10

Suppose a political candidate criticizes a government pollution permit policy that she says lets corporations buy and sell the r

ight to pollute. She suggests that our right to breathe and the future of our planet require real regulation instead of this type of government policy.Which of the following describes why most economist would disagree with her statement?a) The environment is so important that it should be protected as much as possible regardless of the costb) A free market in tradable permits is typically more efficient that government regulationc) A corrective tax would result in a more efficient outcome than either tradable permits or government regulation wouldd) Clean air is a fundamental right, and government regulation will allow too much pollution
Business
1 answer:
guajiro [1.7K]3 years ago
4 0

Answer:

b) A free market in tradable permits is typically more efficient that government regulation

Explanation:

  • When companies are forced to buy rights to pollute, they are paying a cost for the pollution they create. If they pollute more, they will end paying more for that pollution. (demand of rights to pollute)
  • On the other hand, companies that pollute almost nothing  can sell rights to pullute saving money: this will create a benefit for companies who take care of environment. (supply of rights to pollute)
  • Then, there will be a market of rights to pullute, where some companies will sell and others will buy rights to pullute. In this market, the price of rights to pollute will be determined efficiently.
  • Because the production of absolutely every good or service sold in our economy implies pollution, there is a cost society is willing to pay in terms of pollution to get the goods and services it consumes.<em> For example</em>, I am willing to keep buying soda, besides I now for sure its production has certain negative effects on environment. I demand the product, therefore the company (that pollutes) has incentives to keep selling the product.
  • The cost we are willing to pay to keep consuming goods will be related to the demand and supply of rights to pollute : companies whose producs are more demanded (by us!) would buy more rights to pollute when neccesary, and companies whose products are not that demanded will buy less rights to pollute, transmiting this results to prices.
  • Then, pollution rights became an efficient way of assigning a price to pollution.
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. Department C is the first stage of Cohen Corporation's production cycle. The following equivalent unit information is availabl
allsm [11]

Answer:

1,657,000 units

Explanation:

The FIFO method is concerned with the work done in the current production period.

<u>Equivalent Units of Production - Conversion Costs</u>

To finish Opening Work In Process ( 85,000 x 80%)              68,000

Started and Completed [(1,430,000 - 85,000) x 100%]       1,345,000

Ending Work In Process 305,000 x 80%                               244,000

Total Equivalent Units of Production - Conversion Costs   1,657,000

therefore,

the equivalent units for the conversion cost calculation are:  1,657,000 units

6 0
3 years ago
The ________ is an incomplete picture because a single number cannot fully reflect the sources of the underlying differences in
Sveta_85 [38]

Answer:

Income inequality ratio

Explanation:

The income inequality ratio is an incomplete picture because a single number cannot fully reflect the sources of the underlying differences in income.

Income inequality refers to the uneven distribution of income among the population of a particular place. It is the difference in the allocation of income in a particular country.

Income inequality occurs across different segments of the population such as gender(male and female), ethnic group, occupation, geographical location etc.

The Gini index is widely used to compare disparities in income.

6 0
3 years ago
Business messages usually conclude with a Multiple choice question. summary. supporting reasons. call to action. primary message
belka [17]

Business messages usually conclude with a call to action.

<h3>What are business messages?</h3>

These are the ways through which companies and business have to communicate with one another.

The mediums through which they communicates includes:

  • SMS
  • Emails
  • Fax
  • Social media.

The companies and their customers use the messages as a way of interacting and having their needs met.

Such messages have contents that are directly related to the business.

Read more on business messages here:

brainly.com/question/5506518

3 0
2 years ago
Harriet's Wimsey is a bookstore for people who love mysteries. How would a complete set of P. D. James mystery novels, a first e
adoni [48]

Answer:

E. as current assets

Explanation:

As we know that the

Balance sheet records the total assets, total liabilities and the stockholder equity

Where

The total assets comprises of current assets, tangible assets, and the intangible assets

And, the total liabilities comprises of current liabilities and the long term liabilities

In the given scenario, the purchase of the newest Dorothy Cannell book be listed on the store's balance sheet. So here, the newest Dorothy Cannel book represent the current asset side of the balance sheet

5 0
3 years ago
Guest expectations +____________=guest satisfaction
avanturin [10]

Answer: C. Perceived Value

Explanation:

When we speak of Perceived value, we speak of how a customer evaluates a good or service in relation to how well it served them especially in relation to similar good or services.

It is essentially the customer, ranking a good or service in terms of how well they feel it fulfilled it's intended purpose.

When guests to an Establishment come with expectations for instance, how well the guests think these expectations are met (perceived Value) is what determines the overall satisfaction of the guest.

Hence the formula, Guest expectations + Perceived Value = Guest Satisfaction

7 0
3 years ago
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