Answer:
The correct answers are B and C.
-The quality of public goods does not diminish when multiple people consume them.
-There is usually no way to exclude people from consuming a public good, even if they refuse to pay for it.
Explanation:
In economics, a public good is a good that can be made available inexpensively to many consumers and at the same time it is very difficult to prevent other consumers from using or consuming this good.
A public good is therefore defined by the two properties of non-exclusion and non-rivalry. If these criteria are met in full, then one speaks of pure public goods, otherwise of impure public goods. Public goods can cause market failures. To solve this problem, the state itself can provide the public good or create incentives for private companies to produce the good. Classic textbook examples for public goods are lighthouses or street lighting.
Answer:
$11,728.85
Explanation:
the future value of the annuity = $112,000
number of periods = 8 semiannual payments
interest rate = 10% compounded semiannually = 5%
future value = payment x FV annuity factor
FV annuity factor 5%, 8 periods = 9.5491
payment = $112,000 / 9.5491 = $11,728.85
Answer:
an increase
fall
complements
increase
substitutes
reduces
Explanation:
computer chips are inputs used in the production of computers. If the cost of computer chips decreases, the cost of making computers reduces. This would increase the supply of computers.
When supply exceeds demand, price falls
Complement goods are goods used or consumed together. computers and computer software are complement goods. Due to the rise in computers, the demand for computer software would increase also.
Substitute goods are goods that can be used in place of other goods. Computers and typewriters are substitutes. Since the demand for computers have increased due to the fall in price of computer chips, less typewriters would be demanded for .
Answer:
I am not knowing this particular answer
The choices are:
A. an exchange of assets
B. the purchase of an asset on credit
C. an investment by the owner
D. a withdrawal by the owner
The purchase of an asset on credit will be recorded in the
owner's equity column as an increase.
To
add, the owner's equity<span> represents the owner's investment in
the business minus the owner's draws or
withdrawals from the business plus the net income (or minus the net loss) since
the business began.</span>