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Shtirlitz [24]
3 years ago
13

Explain why zoning laws, which allow certain land uses only in specific locations, might be justified in dealing with a problem

of negative externalities. Explain why in areas where buildings sit close together tax breaks to property owners for installing extra fire prevention equipment might be justified in view of positive externalities. Explain why excise taxes on beer might be justified in dealing with a problem of external costs.
Business
1 answer:
shtirl [24]3 years ago
8 0

Answer:

Explain why zoning laws, which allow certain land uses only in specific locations, might be justified in dealing with a problem of negative externalities.

Zoning laws prevent certain economic activities from clustering around other areas where they would cause negative externalities.

For example, zoning laws prevent heavy polluting industry from locating close to residential areas, because the inhabitants of these areas would be greatly affected by a negative externality (pollution) otherwise.

Explain why in areas where buildings sit close together tax breaks to property owners for installing extra fire prevention equipment might be justified in view of positive externalities.

If an urban area has many buildings clustered together, the risk of fire is higher because if a fire broke out, it would likely spread quickly to other buildings. Giving a tax break to property owners who install extra fire protection is an incentive to reduce the risk of the area.

Explain why excise taxes on beer might be justified in dealing with a problem of external costs.

Beer, like any other alcoholic beverages, has an important negative externality on public health. People who drink too much often develop chronic diseases that are costly to healthcare systems.

Excises taxes are a way to reduce the impact of that negative externality, by making beer more expensive, and like that, reducing its consumption.

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Kraven Corp. borrows $100,000 by signing on a 1-year, 8% promissory note from General Finance Company and assigns $120,000 of it
Aleks [24]

Answer and Explanation:

The journal entry is shown below:

Cash Dr $98,800

Finance charge Dr ($120,000 × 1%) $1,200

       To Liability - Financing Arrangement $100,000

(being receipts of cash is recorded)

Here cash and finance charge is debited as it increased the assets and expenses and liability is credited as it also increased the liabilities. Also, the cash & expenses contains normal debit balance and liabilities contains normal credit balance

6 0
3 years ago
Cyclical unemployment is caused by business cycle fluctuations. reducing international trade barriers, which causes some industr
Shalnov [3]

Answer:

The correct answer is letter "A": business cycle fluctuations.

Explanation:

Cyclical unemployment refers to unemployment related to downturns in the economy. It tends to be temporary but the length depends on the level of contraction of the economy during a recession. This type of unemployment is typical of the natural increase and decrease cycle of a nation's growth.

6 0
3 years ago
Elaine is in the process of buying a new car. There are many possible cars to choose from, but she is focused on a few she would
statuscvo [17]

Answer:  evoked set

               

Explanation:

In simple words, evoked set refers to the collection of brands that initially comes in the mind  of the consumer when he or she is willing to buy a product in market. These are the brands that are of high significance to the customer and that individual customer completely trust such brand.

Every producer in the market wants to be in the evoked set of the consumer as there is a high probability that customer will choose to buy their willing commodity form such a set. However, positioning in evoked set cannot be marked quickly as it depends on various factors such as duration, quality and price etc.

4 0
3 years ago
Theresa owes $9,000 on her car loan. If the value of her car is $15,000, what is her equity in the car?
pentagon [3]

Answer:

Theresa has $6,000 in equity.

Explanation:

To get this answer, you take the value of her car ($15,000) and subtract the amount that she owes from it ($15,000-$9,000). This gives you $6,000.

Hope this helps!

7 0
3 years ago
A house is sold for $105,500 and the commission rate is 6 percent. If the commission is split 60/40 between the selling broker a
laila [671]

Answer: The answer is $ 1266.

Explanation: If the commission rate is 6%

The commission is = 105500. 0.06 = 6330

40% is for the listing broker = 6330. 0.4 = 2532

And half is for his salesperson = 2532/2 = 1266.

The listing salesperson receive from this sale $ 1266.

3 0
3 years ago
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