Answer:
supply curve for paper would shift to the left.
Explanation:
Negative externality is when the cost of either production or consumption activities to third parties not involved in the activities exceeds its benefit.
If the governmental makes the firm internalize the externality, the cost of production would increase.
If the cost of production increases, the firm would reduce supply in order to reduce costs.
A reduction in supply leads to a leftward shift of the supply curve.
I hope my answer helps you
Answer:
$677,000,000
Explanation:
The computation of pension expenses is shown below:-
Pension expenses = Service cost + Interest on PBO - Return on plan assets + Amortization of prior service cost - Amortization of net loss
= $366,000,000 + $737,000,000 - $593,000,000 + $13,000,000 - $154,000,000
= $677,000,000
Therefore for computing the pension expenses we simply applied the above formula so that the correct amount could come
Answer:
The correct answer is letter "A": The maximum level of production of goods and services for a society.
Explanation:
Production efficiency or productive efficiency is the point in which an economy cannot increase output in a good or service without lowering the production level of another product. An economy that operates along its production possibility frontier (<em>PPF</em>)<em> </em>has maximized its production efficiency. In other words, that economy is working at its maximum possible level.
Answer:
The primary reason for trade is for the economic development of a country.
Explanation:
Trade makes a significant and necessary contribution to the economy and the country's development particularly in underdeveloped countries. The rapid progress of underdeveloped countries in the Industrial field is due to their exports. In most countries, such would represent a significant share of their gross domestic product (GDP).
Answer:
1. True
Explanation:
The computation of the depreciation for 1998 under the double declining balance method is shown below:
First we have to find the depreciation rate which is
= One ÷ useful life
= 1 ÷ 4
= 25%
Now the rate is double So, 50%
In year 1, the original cost is $60,000, so the depreciation is $7,500 after applying the 50% depreciation rate and the 3 months
And, in year 2, the depreciation expense is
= ($60,000 - $7,500) × 50%
= $26,250