Answer: C. Reflects the inability to exclude an Individual from the benefits of someone else's purchase.
Explanation:
The Free-rider problem is a concept in economics that describes the fact that sometimes people benefit from goods and services that they wither did not pay for or underpaid for.
There has been a failure to exclude those individuals who are free-riding from the benefits of goods and services that other people are paying for. A simple example of the free-rider phenomenon is using Wikipedia. Most of those who use it do not contribute or pay for its upkeep in any way yet reap the benefits of its extensive information.
Answer:
The answer is: D) is a more convenient location to hold the trial.
Explanation:
A change of venue happens when a case is transferred from a court in one location to a court in a different location. It can be requested if it is convenient for the parties in a lawsuit.
In this case both Eduardo and Delia live in Georgia, so if a trial is held there, they would need to travel and probably hire local lawyers which can be time consuming and expensive. Eduardo can argue that by holding the case in Georgia benefits both Delia and him.
Answer: $72
Explanation:
Opportunity cost is the cost incurred or benefit foregone by selecting some other alternative which gives the some level of satisfaction.
It is totally depend upon the preferences of the consumers or individuals.
The opportunity cost of seeing Bruce Springsteen is $72(= $134 - $62) that is the difference between actual ticket price and willing to pay for U2 concert.
Answer:
here are summarised advantages and disadvantages of using mall style commerce service provider .
ADVANTAGES
- it makes online payment processing very much possible
- provision of internet connection
- offering of free website hosting for ads display on there website
- provision of shopping cart software's
- one time set-up fee is being charged compared to other service provider who charges differently usually monthly fees.
DISADVANTAGES
- Heavy online traffic,
- Data mining is the concept that is used to determine and discover previously unknown relationships among data
Explanation:
Answer:
Errors, fraud, and noncompliance with laws with a direct effect on financial statement amounts.
<h3>
How does the auditor obtain reasonable assurance?</h3>
- In order to obtain reasonable assurance, the auditor shall obtain sufficient appropriate audit evidence to be able to draw reasonable conclusions on which to base the audit opinion.
- Reasonable assurance is obtained when the auditor has thereby reduced audit risk to an acceptably low level.
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