Answer:
The incomplete part of the question is "Using a cap-and-trade system of tradable emission allowances will eliminate half of the sulfur dioxide pollution at a cost of $1 million per year. If the permits are not tradable, what will be the cost of eliminating half of the pollution? If permits cannot be traded, then the cost of the pollution reduction will be $1 million per year." The full question is attched as picture as well
1) Tradable permit system
Then lower MAC firm will abate the all pollution units
Then as MAC1 = $250, MAC2 = $275
Firm 1 = Consolidated electric
Firm 2 = Commonwealth utility
Then 1 will sell all permits to 2, at a price between $250 & $275.
So total cost of abatement of 20 units = MAC1 * 20
= $250 * 20 Unit
= $5,000
2) Non-tradable permits
Total cost = MC1*10 + MC2*10
= $2,500 + $2,750
= $5,250
Suppose $250,000 is used to establish an annuity that earns 6%, compounded quarterly, and pays $6000 at the end of each quarter. It will take about 120 quarters until the account balance reaches $0.
Amount invested (Present value) = $250000
Quarterly payment (At the end of each quarter) (P) = $4500
Interest Rate (Quarterly) (r) = 6% /4
= 1.5% = 0.015
A number of quarters (n) = ?
Future value at the end = 0
Present value of Annuity formula:
Present value = P × 
250000 = 4500 × 
250000 = 300000 × 
250000 / 300000 = 
0.83333 = 
n = 120
Hence is shall take 120 Quarters until the account balance is $0.
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Answer:
Explanation:
Situation Type Logic
During the audit, a customer with a large A/R balance at year end declares bankruptcy Type 1 Facts were available on balance sheet date
a lawsuit…...thereafter Type 1 Facts were available on balance sheet date
A flood damages….after year end Type 2 Facts were not available on balance sheet date
Conditions that….after the balance sheet date Type 2 Facts were not available on balance sheet date
Additional evidence….balance sheet date Type 1 Facts were available on balance sheet date
Answer:
The correct answer is d. Economists strongly agree with the first claim, but are skeptical of the second.
Explanation:
A mutual fund is an investment alternative that consists of contributions from natural and legal persons (called participants or contributors), to form equity for their investment in shares, debt instruments or fixed income, or a combination of both ( shares + fixed income). They offer a diversified investment alternative since they invest in numerous instruments at the same time. These instruments vary according to the type of fund and are defined by the investment policy regulated by the Superintendency of Securities and Insurance. They are managed by corporations called General Fund Administrators (AGF) that are chosen by the participants themselves. It is important to choose both the administrator and the type of fund based on what best suits each personal situation.