Answer:
The correct answer is option A.
Explanation:
A negative externality refers to the situation when the cost of production is borne by a third party which is not involved in the production process.
In case there is a negative externality present, the marginal social cost will be greater than the marginal private cost. The competitive price will be lower than the socially optimal price.
Since a third party partially bears the cost, the producer will be able to produce more than the optimal level. There will be a deadweight loss of social welfare.
As per the given scenario, the Germany nation has a comparative advantage in producing corn.
<h3>What is comparative advantage?</h3>
Comparative advantage is when one country can produce a good at a lower cost in terms of other goods.
As Germany can produce 6 bushels of corn and the united states can produce 3 bushels of corn in a set period, Germany has a comparative advantage in producing corn.
Learn more about Comparative advantage here:
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Rick has received a rebate. A rebate is a sum paid by a method for diminishment, return, or discount on what has just been paid or contributed. It is a sort of offers advancement that advertisers utilize basically as motivating forces or supplements to item deals. There is confusion on discount and rebate, the rebate is a backend discount while the discount is the upfront meaning you the customer is discounted by the time he/she bought the item.
Answer: conclusions for each option studied
Explanation:
A recommendation report is a report that is used to propose solution to a particular problem; then, the best solution will then be chosen after the solution has been proposed.
We should note that before a solution is proposed, the first thing to do is to identify the problem in order to know the root cause of what's happening. Then, a conclusion will then be made for the options that were studied.
Answer:
$16, 988.4
Explanation:
The asset has a useful life of 9 years. the straight-line rate of depreciation is 1/9 X 100 = 11 per cent
the cost of the asset is $99,000
First-year depreciation under double-declining will be
Straight-line method rate x 2= 22 %
= 22/100 x 99,000
=0.22 x 99,000
=21,780
the book value after the first year will be 99,000 -21, 780
= 77,220
Depreciation expense for the second year = 22 % of 77,220
=22/100 x 77,220
=$16, 988.4
