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defon
3 years ago
6

Which of the following generate the type of externality previously described? Check all that apply. The city where you live has

granted a permit to put a movie theater in your neighborhood, causing traffic jams at night and on weekends. A microbiology lab has published its breakthrough in swine flu research. Your roommate Jacques has bought a bird that keeps you up at night with its chirping. Darnell has planted several trees in his backyard that increase the beauty of the neighborhood, especially during the fall foliage season.
Business
1 answer:
melisa1 [442]3 years ago
7 0

Answer:

Explanation:

There are two types of externality:

1. Postive externality

2. Negative externality

Postive externality is when the benefits of economic activities to third parties exceeds the costs. An example of an activity that generates positive externality is research.

Activities that generate positive externality are usually under produced in the economy. For this reason, the government usually gives subsidy to encourage its production.

Negative externality is when the cost of activities to third parties not involved in the activity is greater than its benefit. An example of an activity that generates negative externality is pollution. Activities that generate negative externality are usually over produced in the economy, so, the government imposes tax on such activities in order to reduce its production.

In the above question, the following activities generate positive externality:

1. A microbiology lab has published its breakthrough in swine flu research

2. Darnell has planted several trees in his backyard that increase the beauty of the neighborhood, especially during the fall foliage season.

In the above question, the following activities generate negative externality:

1. The city where you live has granted a permit to put a movie theater in your neighborhood, causing traffic jams at night and on weekends

2. Your roommate Jacques has bought a bird that keeps you up at night with its chirping

I hope my answer helps you

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Answer:

<h2>The Average cost usually decreases as the output expands.Hence,the answer in this case would be option c. or will always decrease as output expands.</h2>

Explanation:

  • Fixed costs or expenses of production refers to those that are fixed or constant through out the production process or does not depend on the changes or adjustments in the actual output or production level.
  • Some of the common examples of fixed cost of production include building rent,utility bills,land rent,insurance and interest payments.Note that these costs and expenses are fixed and unchanged and any firm or company has to pay them regardless of the production or output level.
  • Now,since the average fixed cost of production is calculated by dividing the total fixed cost of production by the quantity of output produced by the firm at any particular period of time,the average fixed cost of production will decrease.As the output expands the denominator of the average fixed cost formula will increase but note that the numerator of the formula or the total fixed cost of production will always remain constant.Therefore,the average cost of production keeps decreasing with an increase in output or production level,signifying economies of scale.
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3 years ago
Hagman Company has 110 units in Finished Goods Inventory at the beginning of the accounting period. During the accounting​ perio
vivado [14]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

Beginning Finished Goods Inventory 110 units

 

During the accounting​ period:

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All units incurred $ 75 in variable manufacturing costs

$ 22 in fixed manufacturing costs.

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Absorption:

Cost of goods sold= (variable manufacturing costs + fixed manufacturing costs)*units sold= (75+22)*300= 29,100

Operating income= sales - cogs - fixed selling and administrative costs= 75000 - 29100 - 7400= $38,500

Variable:

Variable costs= 75*300= 22500

Operating income= sales - variable costs - fixed manufacturing costs (of production) - fixed selling and administrative costs=

Operating income= 75000 - 225000 - (22*190) - 7400= $40,920

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Answer:

A. $2,700,000

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So, the total amount deducted would be

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