1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
zhenek [66]
2 years ago
6

8. Governments usually build highways because it is difficult to exclude individuals who don't pay for the highways from using t

hem. What type of failure is involved?
Business
1 answer:
Mademuasel [1]2 years ago
3 0

Answer:

public good

Explanation:

Based on the information provided within the question it can be said that the type of failure that is involved is known as a public good. This term refers to a good that can benefit various individuals but is not excludable to anyone based on whether they can pay or not. Such as the highways being built, since they cannot prevent individuals who do not pay from using it.

You might be interested in
In case you have to complete an application on site, you want to make sure you have your completed Personal Fact Sheet. Please s
Allushta [10]
That would be true so you make sure you have all the correct info to put on the application
8 0
2 years ago
Read 2 more answers
The following transactions occurred during May, the first month of operations for Hunter Products, Incorporated: Issued 50,000 s
NemiM [27]

Answer:

$247,000

Explanation:

Calculation to determine the total of Hunter Products' liabilities at the end of May

Total of Hunter Products' liabilities=(400,000-150,000) - 60,000 + 63,000

Total of Hunter Products' liabilities=250,000 - 60,000 + 63,000

Total of Hunter Products' liabilities=$247,000

Therefore the total of Hunter Products' liabilities at the end of May will be $247,000

8 0
2 years ago
In 2016, teller company sold 3,000 units at $600 each. variable expenses were $420 per unit, and fixed expenses were $270,000. t
Anit [1.1K]
Assuming that you have the values for the year 2017, the break-even point would be 1500 units for the year 2017. To calculate this, we use the idea that at the breaking point, total sales is equal to the total cost or expenses made. Which would be:

selling (x) = fixed + variable (x)

x = fixed / (selling - variable)
x = 270000 / (600-420)
x = 1500 units
6 0
3 years ago
The average cost of production for a bottle of water in the industry is 0.20 cents while its average price is 0.50 cents. Water
UkoKoshka [18]

Answer: A. It has a competitive advantage in the industry

Explanation:

From the question, we are informed that the average cost of production for a bottle of water in the industry is 0.20 cents while its average price is 0.50 cents and that Water Inc. manufactures the same product for 0.10 cents while its average price is 0.40 cents.

The scenario shows that Water Inc has a competitive advantage in the industry. This is seen as the bottle of water is produced at a cheaper cost wen compared to its rivals.

7 0
2 years ago
The following information is taken from the income statement of Olympic, Inc.: Depreciation Expense $ 90,000 Amortization Expens
Lina20 [59]

Answer:

The correct option is D,$402,000.

Explanation:

In determining the cash flow provided by operating activities,we need to adjust the net income for effects of non cash items reported.It is important  to note that the reverse of the earlier treatment of the items is what is required now.For instance depreciation and amortization  were deducted in  income statement,for cash flow purposes we need to add both to net income.

Net income                          $315,000

add depreciation                $90,000

amortization                         $15,000

loss on sale of equipment  $9,000

less gain on sale of building($27000)

Cash flow from operations  $402,000

The cash flow from operating activities as adjusted is $402,000.

6 0
2 years ago
Other questions:
  • A company must account for a contract modification as a new contract if the:
    6·1 answer
  • Policy analysts can estimate the value of a human life through ____.
    8·1 answer
  • A Treasury bond that settles on August 10, 2016, matures on September 27, 2021. The coupon rate is 4.6 percent and the quoted pr
    13·1 answer
  • The CEO of a large automobile company says the cars the company makes are safe regardless of the fact that they lead the country
    6·1 answer
  • In practice, a common way to value a share of stock when a company pays dividends is to value the dividends over the next five y
    8·1 answer
  • Which fo the following debts could possibly be forgiven under Chapter 7 bankruptcy?
    11·2 answers
  • Comet Company is owned equally by Pat and his sister Pam, each of whom hold 100 shares in the company. Comet redeems 50 of Pam's
    10·1 answer
  • Shawna has added up all her current expenditures and revenues and developed a plan for what she wants to do with all of her cash
    13·1 answer
  • Read this prompt. create a multimedia presentation about clothing and waste. use research and evidence to support your opinion.
    15·2 answers
  • Valuing cash flows with infinite growth in the dividend discount models (DDMs): a. cannot be calculated because growth to infini
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!