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3 years ago

A good that is both nonexcludable and nonrival-in-consumption is called a

Business

1 answer:

Natalka [10]3 years ago

4 0

Answer:

The answer is: Public goods

Explanation:

Public goods are provided by government entities and many times they are given for free or at a very low subsidized price. Public goods are non-excludable since everyone is entitled to use them (e.g. streetlight). Also public goods have no rivals that compete with them (e.g. law enforcement). Most of the public goods are free, but some exceptions exist like the US Mail.

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A vegetable farmer wishes to switch to a combination of trees and vegetables (agroforestry) on several hectares of her land to r

Crazy boy [7]

Answer:

D is the correct answer.

Explanation:

3 0

3 years ago

For the year ended December 31, Depot Max's cost of goods sold was $56,900. Inventory at the beginning of the year was $6,540. E

il63 [147K]

Depot Max's inventory turnover for the year is 8.3

Given

Cost of goods sold = $56900

Begining Jovenstory = $6540

Ending Inventory = $7250 .

Average inventory = opening inventory + closing inventory / 2

= $6 540 + $-7250 / 2

Average inventory = $6895

cost of goods old

.: Inventory turnover = cost of goods sold / Average inventory

56900 / 6895

= 8. 252 times

He Depot Max's Inventory 8.3 times (approx ).

Learn more about turnover here: brainly.com/question/25623677

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3 0

2 years ago

A parcel delivery company delivered 103,600 packages last year, when its average employment was 83 drivers. This year, the firm

Luden [163]

Answer: -3.38%

Explanation:

The percentage change in productivity over the past years will be calculated thus:

The Productivity will be the total packages handled divided by the number of drivers employed.

Last year Productivity will be:

= 103600/83

= 1248.19 packages per driver

This year Productivity will be:

= 112160/93

= 1206.02 packages per driver

Therefore, the percentage change in productivity = (This year Productivity - Last year Productivity) / (Last year Productivity) ×100

= [(1206.02-1248.19) / (1248.19)] × 100

= -42.17/1248.19 × 100

= -3.38%

4 0

3 years ago

Which of these best describes income tax?

andriy [413]

Answer: Direct Tax

I have to have at least twenty characters, so hi.

5 0

3 years ago

Read 2 more answers

A firm discovers that if it either increases or reduces output, its short-run average cost increases. It follows that:

sweet-ann [11.9K]

Answer:

The correct answer is C. The firm is producing at the point where marginal cost equals average cost.

Explanation:

According to the cost curve, if the marginal component is exactly equal to the total cost, the average total cost is the minimum. If the marginal cost equals variable cost, the moving average cost is the minimum.

4 0

3 years ago