All categories

2 years ago

Quantity (Units) Private Value (Dollars) Private Cost (Dollars) External Cost (Dollars)

Business

1 answer:

bija089 [108]2 years ago

3 0

Answer:

c. there is a negative externality.

Explanation:

At the time when one individual actions develops the benefits for others but at the same time they dont pay so it is to be known as positive externality

At the time when one individual action develops loss but the other who received the loss because of the action of the person so for this they didnt get the compensation so it is the negative externality

As we can see that there is three types of values so the correct option is c.

You might be interested in

Tickets to see Willie Nelson cost $40. On any given day, you would be willing to pay up to $50 to see and hear Willie Nelson per

Lady bird [3.3K]

Answer:

$40

Explanation:

The Value to seeing the clubs play the White Sox must be valued at an amount that include the cost price at the minimum.The maximum the value would be $50 (at which any amount above this you will not be willing to accept the ticket).

6 0

3 years ago

Eugene Co. has inventory it purchased for $6,000. It sells the inventory to a customer for $10,000, including installation. Inst

Scrat [10]

Answer:

The necessary entries would be:

Dr Accounts receivable $11,000

Cr Sales revenue $10,000

Cr Deferred revenue $,1000

Explanation:

Revenue should be recognized in the books of account where the selling party has performed its obligation of delivering goods or rendering services as contained in the sales contract.

This contract contains provision of goods -inventory that have been delivered and rendering of services-installation that is in progress, as a result the revenue relating to the former is due to be recognized now while the later would be recognized when is installation is concluded.

5 0

3 years ago

Read 2 more answers

Oriole Company reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 Inventory 390 $6

rewona [7]

Answer:

Cost of goods available for sale = $12,480

Explanation:

The cost of goods available for sale is the sum of the value of the opening inventory plus the cost of new purchase. The cost of new purchase would include carriage inward cost if any.

For Oriole company , the cost of goods available for sale would be computed as follows:

Opening inventory 2,340

Purchases

June 12 5,460

June 23 4,680 10,140

Cost of goods available for sale 12,480

Note that the sales made are not relevant for the purpose of determining the cost of goods available for sale. Also, the closing inventory would have been deducted from the cost of goods available for sale to arrive at the cost of goods sold should the question require it.

7 0

2 years ago

Andrews Company manufactures a line of office chairs. Each chair takes $12 of direct materials and uses 1.9 direct labor hours a

Andrej [43]

Answer and Explanation:

The preparation of the cost of goods sold budget is presented below:

Direct material ($12 × 20,000 chairs) $240,000

Direct labor ($16 × 1.9 × 20,000 chairs) $608,000

Variable overhead rate ($1.20 × 1.9 × 20,000 chairs) $45,600

Fixed overhead rate ($1.30 × 1.9 × 20,000 chairs) $49,400

Cost of goods manufactured $943,000

Add: opening inventory $0

Less: ending inventory (610 chairs × ($12 + ($16 × 1.9) + ($1.20 × 1.9) + ($1.30 × 1.9) -$41,278.70

Cost of goods sold $901,721.3

5 0

2 years ago

Because costs and benefits are both subjective, a person's cost-benefit analysis will always be based on what?

Allisa [31]

Answer: his or her unique values and benefits

Explanation: I just got it right

4 0

2 years ago

Read 2 more answers