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miv72 [106K]
3 years ago
15

The costs of lead contamination have been estimated to be $1 billion for medical care of those sickened by lead, plumbing repair

s, and reduced earnings of those affected by lead. This $1 billion can best be classified as:
Business
1 answer:
Alexus [3.1K]3 years ago
5 0

Answer:

Social cost of market failure

Explanation:

Market failure is an economic situation in which an imperfection in the market mechanism prevents an optimal outcome.

The $1 billion cost of lead contamination intended for the medical care of those sickened by lead, plumbing repairs and reduced earnings of those affected is called social cost of market failure.

Whenever external benefits and costs exist, the market will not produce at the optimal outcome leading to social cost of market failure by an organization.

External costs are costs that are imposed without compensation on a third party.

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Muldoon Advertising has an opening balance in its supplies account of $2,400 and purchases $3,000 of supplies during the year. A
Sidana [21]

Answer:

A) Dr Supplies Expense $2,600

Cr Supplies $ 2,600

Explanation:

The supplies account had an opening balance of $ 2400. Purchases were made of $ 3000 so the total debit balance was $ 5400. The year end showed a debit balance of $ 2800.

So  $ 5400- $ 2800= $ 2600 Supplies were used and credited .

An expense account would be used to show this so

Supplies Expense is debited with $ 2600 and

Supplies Account is credited with $ 2600 showing a net debit balance of $ 2800 at the end of the year.

4 0
3 years ago
Sharon purchases two products, X and Y, with a given fixed budget. The marginal utility she receives from the last unit of X she
Elanso [62]

Answer:

A) is maximizing her total utility from the given fixed budget.

Explanation:

The equal marginal principle refers to the principle in which the consumer would select that combination of goods which maximise its total utility. It could be selected by having marginal utility and its price

And for profit maximization, the marginal utility and the price is equivalent to both the goods.

i.e

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30 = 30

Hence, the correct option is a.

5 0
3 years ago
When is a liability considered "current"?
MrRa [10]
B. When it is due to be paid within one year.
6 0
3 years ago
In addition to the problems stated here, what other issue contributed to the problems faced by Native Americans on the Great Pla
frez [133]
Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.
i think the answer is B which is <span>Timber land was harvested, robbing Native Americans of a valuable resource</span>
5 0
2 years ago
Please help me!!! Click here for question!
olga_2 [115]

Answer:

I think maybe B?

Explanation:

I am not sure so I think its b

5 0
2 years ago
Read 2 more answers
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