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3 years ago

Why is the market demand curve for public goods calculated as a vertical summation of individual demand curves?

Business

1 answer:

never [62]3 years ago

8 0

Answer:

Explanation:

A public good is a good that is non excludable and non rivalrous. Everyone has assess to the statue and because one person is enjoying the view of the statue does not means another person cannot enjoy the view of the statue. The demand curve for public goods is summed vertically because all individuals can consume every unit of the good at the same time.

A private good is a good that is excludable and rivalrous. They are usually exchanged in the market by private sector businesses. It is only you who purchased the ferrari and those you allow that can use the ferarri.

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What is the objective of the last step in the ethical decision-making framework? Multiple Choice to brainstorm any alternative c

I am Lyosha [343]

Answer:

B. To weigh the various alternatives and choose a course of action

Explanation:

The major steps involved in a proper decision-making process include; Identifying the problem, understanding the problem by obtaining the necessary information, developing alternatives, choosing the best alternative that would address the ethical issue at hand, and implementing the best alternative.

The aim of the entire process of decision-making would be faulted if at the end, a course of action is not taken. The decision made at the end of the day, should address the initial concern raised. This decision would also need to be reviewed to ensure that it is the right step.

Determining ways to maximize profit for the company may not be the issue at hand, as several factors could inform the decision making process.

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3 years ago

Sophie, the CFO of Slolum Ski Supplies, received a watch from one of her company's largest vendors, Colorado Ski Shoppe. She rec

Dafna11 [192]

Answer:

the correct answer is

c. Whether the gift was reasonable in the circumstances.

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3 years ago

Alpha Company is looking at two different capital structures, one an all-equity firm and the other a levered firm with $4.6 m

Aleks [24]

Answer:

The break-even EBIT using EPS is $1,288,000.

Explanation:

the break-even EBIT using EPS is the EBIT that will brings EPS under two different capital structure equal.

Denot X is the EBIT.

* We have:

+ EPS in all-equity firm = X/460,000

+ EPS in levered firm = ( X - interest rate)/230,000 = ( X - 4,600,000 x 14%)/230,000 = (X - 644,000) / 230,000.

* We have the equation:

X/460,000 = (X-644,000)/230,000 <=> X/460,000 = 2.8 <=> X = $1,288,000.

So, the break-even EBIT using EPS is $1,288,000.

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3 years ago

Which of the following bases of power emphasizes threatening or actual punishment?

gizmo_the_mogwai [7]

<h2>Hello!</h2>

The answer is C. Coercive.

According to the bases of power, coercive power means that someone can punish someone who deserves it when it's needed, punishment can be just punishment but it can also mean serious actions as demoting, restricting privileges or in the last instance, firing people.

Coercive power can be a problem if it's applied to everyone, every time, the result of coercive actions applied in an inappropriate way could result in useful people resignations. That's why coercive tools are the last resort if corrections are needed.

Have a nice day!

6 0

3 years ago

Read 2 more answers

Do all accounts serve the same function? Why or why not?

lara [203]

No, accounts serve the purpose that their owners choose. They do not have the same function.

>>>Accounts are financial records of an organization that register all financial transactions, and must be kept at its principal office or place of business.
In accounting, it means the chronological record of changes in the value of an entity's assets, liabilities, and the owners' equity

In banking,it means continuing financial relationship between a bank and a customer,whereby deposits and debts are held and processed within a framework of established rules and procedures.

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3 years ago

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Why is the market demand curve for public goods calculated as a vertical summation of individual demand​ curves?

Why is the market demand curve for public goods calculated as a vertical summation of individual demand curves?