A good rule of thumb is to limit consumer credit payments to ___________

A local school administrator observes an increase in the number of flu cases in the public schools over the last two years. She

pshichka [43]

It should be noted that the failure to vaccinate some children isn an external cost. [See the attached graph]
The social cost curve is also indicated accordingly.
From an efficiency perspective, subsidizing vaccines does make sense because, without the subsidy, the equilibrium quantity is less than the socially optimal quantity.
The school nurse suggests publishing a list of which kids did not get a flu vaccine, in the hope that public shaming will lead people to vaccinate their children. The school nurse is hoping that social norms will act like a punishment and lead the market to a socially efficient
The flaws that the school nurse's suggestion have are:

People that feel passionate about not vaccinating are typically doing so for medical or religious reasons and will not sway to social norms or peer pressure. (Option B)

The school would potentially face a lawsuit because sharing protected health information (PHI), like immunization records, without parents' consent could be a violation depending on the regulations of the state. (Option C)

<h3>What is social Cost?</h3>

In neoclassical economics, the social cost is the total of the transaction's private costs plus the costs imposed on consumers as a result of being exposed to the process for which they are not rewarded or taxed.

In other words, it is the total of internal and external expenses.

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8 0

1 year ago

Importance of the study of organisational buyer behaviour to the personal selling function

ladessa [460]

Answer:

The answer is below

Explanation:

The importance of the study of organizational buyer behavior to the personal selling function is that the personal seller can easily realize the expectation of the organizations.

It also assists in determining what makes organizations buy a certain product.

It gives the seller the proper ideas on the type of products preferred by organization buyers such that they can quickly make them available.

It also ensures the seller understands how the organization buyer operates in terms of payments, quality, quantity, and the purpose in which they are buying.

4 0

3 years ago

On January 1, 2021, Gridley Corporation had 375000 shares of its $2 par value common stock outstanding. On March 1, Gridley sold

lesya [120]

Answer:

1,075,000

Explanation:

Weighted average numbers of share account the weightage of outstanding numbers of the share in the year based on the outstanding period.

Outstanding Balances

375,000 share for 2 months

Addition of new 750000 shares on March 1

1,125,000 shares (375,000+ 750,000) for 2 months

Stock dividend of 20% ( 1,125,000 x 20% = 225,000) on May 1

1,350,000 shares (1,125,000+ 225,000) for 3 months

Retirement of 420,000 Shares on August 1

930,000 shares (1,350,000 - 420,000) for 3 months

Issuance of 600000 shares on November 1

1530,000 shares (930,000 - 600,000) for 2 months

Schedule for weighted average numbers of shares is attached please find it.

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3 0

3 years ago

What is a dividend? Money a company regularly (typically quarterly) charges shareholders to help profits The new company entity

Mila [183]

The answer to the given question above would be the fourth or last option. A dividend is defined as the money that a company regularly (typically quarterly) pays shareholders from its profits. Hope this is the answer that you are looking for. Have a great day ahead!

7 0

3 years ago

Read 2 more answers

Assume a purely competitive firm is selling 200 units of output at $3 each. At this output, its total fixed cost is $100 and its

raketka [301]

The correct option is: maximizing its profit, but not necessarily the maximum profit.

<h3>What is Profit Maximization in a Perfectly Competitive Market ?</h3>

The perfectly competitive firm can choose to sell any quantity of output at exactly the same price. This implies that the firm faces a perfectly elastic demand curve for its product: buyers are willing to buy any number of units of output from the firm at the market price.

When the perfectly competitive firm chooses what quantity to produce, then this quantity—along with the prices prevailing in the market for output and inputs—will determine the firm’s total revenue, total costs, and ultimately, level of profits.

A perfectly competitive firm has only one major decision to make—namely, what quantity to produce. To understand why this is so, consider the basic definition of profit:

Profit=Total revenue−Total cost

(Price) (Quantity produced)−(Average cost) (Quantity produced)

According the question scenario,

Given:

Firm is selling = 200 units

output = $3 each

fixed cost = $100

variable cost = $350

solution:

Total average cost = variable cost + fixed cost .........(1)

Total average cost = 350 + 100

Total average cost = $450

Cost per unit = average cost ÷ no of unit ...................(2)

Cost per unit = 450 ÷ 200

Cost per unit = $2.25

So here firm is incurring per units is $2.25 but here earning per unit is $3.

So that here firm is earning economic profit as here market price is greater than earning maximum profit.

Therefore, we can conclude that the correct option is : maximizing its profit, but not necessarily the maximum profit.

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8 0

2 years ago

A good rule of thumb is to limit consumer credit payments to ____________ percent of your net monthly income.