Correct question:
Correcting a market with an externality through taxation is _________ correcting it through a set output target from command and control.
Group of answer choices
A. less efficient than
B. as efficient as
C. either more or less depending on the elasticity of demand
D. more efficient than
Answer:
Correcting a market with an externality through taxation is (A) less effective than correcting it through a set output target from command and control.
<h3>Correcting a market with taxation:</h3>
- The government can discourage the consumption of harmful products by raising taxes on them.
- Cigarette and alcohol taxes, for example, are raised on a regular basis to discourage their consumption and limit their adverse impacts on unconnected third parties.
<h3>Command and control strategies:</h3>
- Command and control is a sort of environmental regulation that allows policymakers to expressly regulate both the amount and the procedure by which a company should maintain environmental quality.
- Correcting marketing is more effective than correcting manufacturing through taxation.
<h3>Reason -</h3>
As it is stated above Correcting marketing is more effective than correcting manufacturing through taxation.
Therefore, Correcting a market with an externality through taxation is (A) less effective than correcting it through a set output target from command and control.
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Answer:
$275,000
Explanation:
Goodwill in business combination arises when the price paid in acquiring a business exceeds the fair value of the acquired business net assets . The fair value is used rather than the carrying amount to ensure fairness and an unbiased result
<u>Workings</u>
Purchase consideration = 250,000*15 =3,750,000
Percentage acquired = 100%
Fair value of net asset = 3,000,000+400,000+75,000= 3,475,000
Goodwill = 3,750,000=3,475,000 =275,000
Answer:
b. Deductible
Explanation:
Since in the question it is mentioned that Kenji who had an illness and had an accident during the year also the combined out of pocket expenses is $1,000.
So this $1,000 represent the deductible
hence, the correct option is b.
And the other options are wrong
Therefore the same is to be considered
Ideally;
Inventory = Cost of raw materials + Cost of finished goods + Cost of work-in-progress
Assuming this ideal case, Harlan's inventory would be;
Inventory = $14,000+$25,000+$18,600 = $57,600
However, if work-in-progress inventory was listed as $0;
Then, the new work-in-progress would be;
Inventory = 57,600-18,600 = $39,000
This would reduce the inventory for Harlan Enterprises which may affect other financial ratios such as inventory turn-over ratio. As a result, such ratios will not reflect the exact position of the company.
So, the dollar price of the jeans is the nominal variable, and the relative price is the real variable. The relative price of the jeans have been adjusted to inflation. The dollar price hasn't been adjusted for inflation, hence why it is the nominal variable (not adjusted for inflation).
