A negative externality or spillover cost occurs when the total cost of producing a good exceeds the costs borne by the producer.
- Spillover costs, commonly referred to as "negative externalities," are losses or harm that a market transaction results in for a third party. Even though they were not involved in making the initial decision, the third party ultimately pays for the transaction in some way, according to Fundamental Finance.
- An incident in one country can have a knock-on effect on the economy of another, frequently one that is more dependent on it, known as the spillover effect.
- Externalities are the names for these advantages and costs of spillover. When a cost spills over, it has a negative externality. When a benefit multiplies, a positive externality happens. Therefore, externalities happen when a transaction's costs or benefits are shared by parties other than the producer or the consumer.
Thus this is the answer.
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Answer:
$40,000.
Explanation:
Given that Charco purchased a franchise from Burger Master on January 1, 2021, for $240,000
Useful life of Franchise = 6 years
Cost = $240,000
Yearly amortization expense = cost/useful life
= $240,000/6
= $40,000
The amortization expense for the year ended December 31, 2021 is $40,000. This is the yearly charge to p/l for the Franchise.
When a nation exports a good, its total surplus "increase", and when it imports a good, its total surplus "increase".
<h3>What is export of goods?</h3>
Exports are products and services made in one nation and offered to customers in another. Imports and exports together make up global trade.
Some key point regarding exporting are-
- Modern economies rely heavily on exports because they give people and businesses access to a wide variety of new markets.
- Fostering economic commerce, boosting imports and exports for the advantage of all trading parties, is one of the main goals of diplomacy or foreign policy between countries.
- By extending operations to accommodate rising demand, exporting to overseas markets can frequently lower per-unit costs.
- Last but not least, businesses who export to overseas markets acquire new skills and expertise that may help them uncover cutting-edge technologies, innovative marketing strategies, and competitive insights from abroad.
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I would say that the program the employer is misusing against the employee is the reporting of all workplace safety hazards or injuries. The purpose of such a program as agreed to between probably the union and the safety/first aid departments of the company would be to ensure that all injuries are treated and assessed for how to avoid in the future and also all safety hazards are reported to allow action to be taken to avoid a lost time accident or even fatality.
