All categories

3 years ago

True or false: the government could achieve the efficient outcome by giving out fire extinguishers for free using tax revenue.

1 answer:

7 0

Yes, this is effecient outcome. Effecient outcome means No individual can be made better off without making someone else worse off. In this scenario consumers are getting a free fire extinguisher which makes their lives safer, but someone is having to pay for it, meaning there is someone who is getting the short end of the stick. Maybe it is the makers of the extinguishers having to sell them below cost, or tax payers having to pay more in taxes to cover the costs.

You might be interested in

If Stock A had a price of $120 at the beginning of the year, $150 at the end of the year and paid a $6 dividend during the year,

Alborosie

Answer:

B. 30%

Explanation:

Initial value (Vi) = $120

Final value (Vf) = $150

Dividends paid (D) = $6

The holding period return is defined as the change in value during the year added to the dividends paid and then divided by the initial value:

$HPR = \frac{D+(V_f-V_i)}{V_i} \\HPR = \frac{6+(150-120)}{120}\\HPR = 0.30\ or\ 30\%$

The stock's annualized holding period return is 30%.

7 0

3 years ago

Logan and Johnathan exchange land, and the exchange qualifies as like kind under § 1031. Because Logan's land (adjusted basis of

ZanzabumX [31]

Answer:

a. Logan's recognized gain is $38,600

b. Logan's recognized gain is $23,160

Explanation:

a. If the worth of the land for Jonathan is $183,350, then the gain recognized by Logan would be;

the lower of the realized gain between the amount realized of $231,600 - adjusted basis of $193,000 = $38,600

or the fair market worth of the received boot i.e $48,250.

Therefore, Logan's recognized gain is $38,600

b. Suppose Jonathan's land is worth, $208,440, then we can calculate Logan's recognized gain to be ;

the lower of the realized gain I.e amount realized of $231,600 - adjusted basis $193,00 = $38,600

or the fair market value of the received boot I.e $23,160 .

Therefore, Logan's recognized gain is $23,160

6 0

3 years ago

What are the disadvantages and advantages of money?

adoni [48]

Explanation:

advantages

.Human beings need money to pay for all the things that make your life possible, such as shelter, food, healthcare bills, and a good education.

Money gives you the power to pursue your dreams.

Money gives you freedom.

Money gives you security.

disadvantages

•Money can lead to disagreements.

•obsession with money, or a love of money, can create a host of problems.

8 0

3 years ago

Use steth/o to build a word that means instrument to examine the chest:

yanalaym [24]

Stetho is the prefix for chest, while a scope is an examination tool. A stethoscope is a commonly used tool for auscultation (examination through listening) of the lungs and heart, which are in the chest.

3 0

4 years ago

Two firms, Boomburgs and ABC X-Plode, both sell the same fireworks bundle. If they sell their fireworks at the manufacturer's su

Alex_Xolod [135]

1. The profit for ABC X-Plode when both firms charge MSRP is $1,000.

Units ABC X-Plode will sell = 100 units

Profit per unit = $10 ($20 - $10)

Total profit = $1,000 ($10 x 100)

2. The profit for ABC X-Plode when it charges MSRP, but Boomburgs charges below MSRP is $500.

Units ABC X-Plode will sell = 50 units

Profit per unit = $10 ($20 - $10)

Total profit = $500 ($10 x 50)

3. The profit for ABC X-Plode when it charges below MSRP, but Boomburgs charges MSRP is $350.

Units ABC X-Plode will sell = 175 units

Profit per unit = $2 ($12 - $10)

Total profit = $350 ($2 x 175)

4. The profit for ABC X-Plode when both firms charge below MSRP is $250.

Units ABC X-Plode will sell = 125 units

Profit per unit = $2 ($12 - $10)

Total profit = $250 ($2 x 125)

Data and Calculations:

Cost per unit = $10

Quantity sold at MSRP = 100 units

Sales units below MSRP:

One firm sells = 175 units

Second firm sells = 50 units

Sales units for each firm when they sell below MSRP = 125 units

Let:

Price at MSRP = $20

Price Below MSRP = $12

Learn more: brainly.com/question/17141668

3 0

3 years ago