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alexandr402 [8]
2 years ago
15

Suppose a firm pollutes a river with harmful chemicals when it produces a product. To achieve the efficient amount of output, th

e government could impose a _____ that equals the ______ of the pollution.
Business
2 answers:
alexdok [17]2 years ago
8 0

Answer:

tax; marginal external cost

Explanation:

Here are the options to this question :

tax; marginal external cost

subsidy; marginal social benefit

tax; marginal social benefit

subsidy; marginal external benefit

Externality is when the activities of economic agents affect third parties not involved in the economic activity.

Negative externality is when the benefits of economic activities to third parties is less than its cost.

An example of an activity that generates negative externality is pollution. The aim of government would be to reduce pollution. To do this, the government would tax the economic agent involved in the pollution an amount equal to the marginal external cost. Taxes increases cost of pollution to the party involved in causing the pollution and thus would act as an incentive for the firm to reduce pollution produced.

Postive externality is when the benefits of economic activities to third parties exceeds the costs.

Government can encourage the production of activities that generate positive externality by providing subsides at an amount equal to the marginal external benefit

I hope my answer helps you

Evgesh-ka [11]2 years ago
7 0

Answer:

To achieve the efficient amount of output, the government could impose a <u>POLLUTION (PIGOVIAN) TAX</u> that equals the <u>MARGINAL EXTERNAL COST</u> of the pollution.

Explanation:

Pigovian taxes are those taxes imposed on activities that generate negative externalities, specially related to pollution. This way the government imposes an economic cost on companies that create harmful externalities in an attempt to make them reverse their actions. E.g. gas guzzler taxes imposed on vehicles that are not fuel efficient.

This type of taxes were developed by a British economist named Arthur Pigou in 1920 as a way to fight excessive pollution.

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Match the taxes to the entities on which they are assessed
nlexa [21]

Answer:

question isn't clear. any answers???

6 0
2 years ago
Accumulated Depreciation and Depreciation Expense are classified, respectively, as _____. (A) asset, contra liability (B) expens
andrew-mc [135]

Answer:

(D) contra asset, expense

Explanation:

Accumulated depreciation is a contra asset. When preparing ledger accounts, it will be credited hence will have a credit balance.It is also recorded in the balance sheet. On the other hand, depreciation expense is considered an operating expense. It is included as an item in the income statement when calculating a business's net income.

7 0
3 years ago
All of the following are aspects of macroeconomics EXCEPT: a. Foreign trade. b. The production decisions of a pharmaceutical fir
mixas84 [53]

Answer:

b. The production decisions of a pharmaceutical firm

Explanation:

The production decisions of a pharmaceutical firm is an aspect of microeconomics.

Macroeconomics is a branch of economics that studies the economy

Microeconomics is a branch of economics that studies individuals, firms and households.

I hope my answer helps you

3 0
3 years ago
Ben sold his townhome on March 12. The property is subject to an HOA fee of $355 per month, which Ben prepaid for the month of M
Dvinal [7]

Answer:

$213

Explanation:

For computing the owed amount, first we have to compute the daily rate per day which is shown below:

= HOA fee ÷ number of days in a month

= $355 ÷ 30 days

= 11.83 per day

We know that the number of days in a month is 30 days and the townhome is sold on March 12, so the remaining days would be 18 days ( 30 days - 12 days of march month)

Now the owed amount would be

= Remaining days × per day rate

= 18 days × 11.83

= $213

8 0
3 years ago
wood county hospital consumed 400 boxes of bandages per week last year. the price of bandages was $80 per box, and the hospital
Evgen [1.6K]

Economic Order Quantity is the optimal level of inventory where the inventory costs are the minimum. EOQ = (2AO/H)^(1/2).

<h3>What is Economic Order Quantity?</h3>

Companies determine their ideal order size by performing a calculation known as the economic order quantity (EOQ), which enables them to meet demand without going overboard. To reduce holding costs and surplus inventory, inventory managers calculate EOQ.

The order size that minimizes the overall holding costs as well as ordering expenses in inventory management is referred to as the "economic order quantity," or "economic buying quantity." One of the first traditional production scheduling models is this one.

The following is the EOQ formula. EOQ is equal to the square root of 2 times demand times ordering cost)/carrying cost. Demand. The EOQ's assumptions state that the demand is unchanged. How much stock is used annually or how many goods are sold annually is the measure of demand.

Learn more about the Economic Order Quantity here:

brainly.com/question/16986815

#SPJ1

7 0
11 months ago
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