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BartSMP [9]
3 years ago
7

Subsidies also distort resource allocation by encouraging excessive energy consumption, artificially promoting capital-intensive

industries, reducing incentives for investment in renewable energy, and accelerating the depletion of natural resources."____________
Business
1 answer:
Agata [3.3K]3 years ago
8 0

Answer:

True

Explanation:

This is a negative effect of energy subsidizes. Usually governments decide to subsidize energy consumption as a way of helping low income consumers and businesses. But at the end that doesn't happen and the results are quite the opposite. Most of the subsidies are taken by higher income families, e.g. big luxury homes use a lot of electricity. Subsidies end up reinforcing inequalities and the lower income families usually pay a higher percentage of the cost of having them.

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"We chose this plan because it would benefit the majority of you, and harm the fewest" would be an example of using this perspec
Alborosie

Answer:

utilitarian perspective      

Explanation:

In simple words, utilitarian approach refers to a method for making decisions in case of ethical dilemmas. Under this approach, the decision making authority makes judgement by focusing on the greater good, that is, making judgement that benefits the most of the individuals and harm the least.

This theory states that every party's interest should be taken into consideration equally as every related individual to the judgement is capable of suffering . However this approach is used when it is not possible to benefit all the stakeholders equally.

6 0
3 years ago
A machine with a cost of $130,000, accumulated depreciation of $85,000, and current year depreciation expense of $17,000 is sold
MissTica

Answer:

Option E: $40,000 - Cash from sale of Machine

Explanation:

Cash flow from Investing activities section of the cash flow statement should include cash received on the sale of property, plant & equipment, cash paid to acquire property, plant & equipment, cash paid for investments in or as loans to other companies and dividends received from any investments.

In case of sale of a Machine, $40,000 received on sale should be reported as source of cash in the cash flows from investing activities section.

3 0
3 years ago
Transactions and events during 2021 (summarized in thousands of dollars) follow:
Sholpan [36]
The anwser to this question is b. prepare the statement of the retained earnings
8 0
2 years ago
Hours of labor or number of workers are common ways of measuring a company's _________?
vovangra [49]

Answer:

productivity

Explanation:

to measure a company's productivity hours of labor or number of workers are taken into consideration. means efficient usage of labor

4 0
3 years ago
A perfectly competitive firm produces​ 3,000 units of a good at a total cost of​ $36,000. The fixed cost of production is​ $20,0
kati45 [8]

Answer:

 A. ​Yes, it should continue to produce because the​ firm's revenues cover the total variable cost of​ $16,000. 

Explanation:

A perfect competition is characterised by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. Market participants are price takers.

In the short run ,if price is less than average variable cost, the firm should shutdown.

Also, if total revenue is less than the total variable cost, the firm should shutdown into the short run.

Total revenue = $10 x 3000 = $30,000

Total cost = Fixed cost + variable cost

$36,000 = $20,000 + variable cost

Variable cost = $16,000

Total revenue is greater than total variable cost, so the firm should continue operations in the short run.

I hope my answer helps you

3 0
3 years ago
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