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Anna71 [15]
3 years ago
5

Determine whether each of the following goods is a private good, a public good, a common resource, or a club good. Private Good

Public Good Common Resource Club Good A stationary bike in a fitness room that is open to the public A large, beautiful statue in a town square A new Ferrari that you use to drive your friends around town
Business
1 answer:
sineoko [7]3 years ago
6 0

Answer:

COMMON RESOURCE

PUBLIC GOOD

PRIVATE GOOD

Explanation:

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Do you think that higher pay caused higher productivity and lower turnover for Aetna?
antiseptic1488 [7]

Yes of course. When people are given a higher salary there is a much better chance of them to work more. Look at it this way: If someone pays you $8 an hour and someone else pays you $10 for the same exact job, which one are you most likely going to choose? The second one, right? And with that higher pay per hour will most likely result in better work ethic and more production.

7 0
3 years ago
Cox Co. accounts for its inventory using the LIFO cost method. An inventory loss from a permanent market decline of $360,000 occ
kirill115 [55]

Answer:

$360,000

Explanation:

Last in first out (LIFO) is a method used in inventory where the cost of most recently purchased goods is the one to be expensed first. Also current losses are the first to be reported.

An inventory loss incurred in a quarter must not be deferred, but recorded as items within an interim must be reported in the same period they were incurred, unless it can be redeemed before the end of the fiscal year. It is not considered a temporary item.

The loss reported in May will be reported for that quarter in June.

8 0
3 years ago
The establishment of lobster fishing season in the state of Florida is an example of:
SashulF [63]

Answer:

Government intervention in the economy.

Explanation:

The government in some cases take actions that affect the economy to have an impact and address inefficiencies. In this case, the intervention takes the form of a regulation that establishes a lobster fishing season in the state of Florida. Because of that, the answer is that this is an example of government intervention in the economy.

5 0
3 years ago
What process involves determining everyone involved in the project or affected by it, and determining the best ways to manage re
andrey2020 [161]

Identifying stakeholders involves determining everyone involved in the project or affected by it, and determining the best ways to manage relationships with them.

Identifying stakeholders process involves identifying and documenting all the stakeholders on the project, which includes their interests, impact, and potential negative influences on the project. Here, the project charter is he main output of identifying stakeholders process.

Identifying stakeholders involves determining the best ways in order to manage relationships with them. Thus, identifying stakeholders is the first process of the initiating process group which can include top management, project managers, and other functional managers.

Hence, identifying stakeholders is an important process.

To learn more about stakeholders here:

brainly.com/question/26761943

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7 0
2 years ago
LaRoe Lawns’ inventory increased during the year by $6.7 million. Its accounts payable increased by $6.6 million during the same
kozerog [31]

Answer:

a. Cash paid to suppliers of merchandise during the reporting period: $44.1 million

b. A summary entry that represents the net effect of merchandise purchases during the reporting period as below:

Dr Cost of goods sold                  44,000,000

Dr Inventory                                   6,700,000

Cr Account Payable                      6,600,00

Cr Cash                                          44,100,000

Explanation:

We have the total amount goods buying from the supplier in the period = Cost of good sold in the period + Difference in the inventory balance of the period = $44 million + $6.7 million = $50.7 million

Thus, the additional amount owed supplier in the period is $50.7 million.

Account Payable increased by 6.6 million, it means that only 44.1 million ( that is, 50.7 million - 6.6 million) is paid during the period.

Thus, the summary will represents: Increase in COGS 44 million ( given); Increase in Inventory 6.7 million (given); Increase in account payable 6.6 million ( given) and Decrease in Cash 44.1 million ( calculated above).

4 0
3 years ago
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