I need 5 skills needed to do this

Describe an example of a problem that could be solved using the Coase theorem. Do this by defining a hypothetical situation wher

wariber [46]

Answer:

Explanation:

Theorem Utilization: Coase Theorem has been created to take care of the issue of market disappointment. Market disappointment exists where value component doesn't convey productive outcome.

Example : For instance, dairy cattle of Rancher wandered into close to field. this is a sort of negative externalities. On the off chance that property right is given to rancher, at that point he can sue Rancher for making harm crop. Yet, there is no privilege to rancher, it suggests that privilege has been given to farmer. Presently here rancher will attempt to repay Rancher to lessen the size of his cows group.

Three necessary conditions:

The rights of property should be well defined.
The rights of property should be transferable.
The cost of transaction must be sufficiently small.

It doesn't make a difference whom property right is given, there will be effective results. Coase hypothesis bombs where haggling cost rises or free rider issues are seen.

3 0

3 years ago

I need help on Personal Finance.

nikklg [1K]

Current market conditions

3 0

3 years ago

PureRinse Inc. is a brand reputed for its wide variants of body wash that introduced its range of shampoos and skin moisturizers

klemol [59]

Answer:

Economics of scope.

Explanation:

Economies of scope can easily described to be situations in which the long-run average and marginal cost of a company, organization, or economy decreases, due to the production of some complementary goods and services. An economy of scope means that the production of one good reduces the cost of producing another related good.

Economies of scope differ from economies of scale, in that the former means producing a variety of different products together to reduce costs while the latter means producing more of the same good in order to reduce costs by increasing efficiency.

6 0

3 years ago

Boris, Inc. sells a single product for $900 per unit, including a 90-day warranty against defects. It is estimated that 3% of th

Dimas [21]

Answer:

the amount that added to estimated liability is $1,330

Explanation:

The computation of the amount that added to estimated liability is as follows

= 800 units sold × 3% defective - five defective units

= 24 units - 5 units

= 19 units

Now the amount that should be added is

= 19 units × $70 per unit

= $1,330

Hence, the amount that added to estimated liability is $1,330

The same is to be considered

7 0

3 years ago

recent monthly contribution format income statement: Sales$1,652,000 Variable expenses 628,880 Contribution margin 1,023,120 Fix

kati45 [8]

Answer:

Gatty Corporation

1. Segmented Income Statement for the most recent month

Division East Central West Total

Sales $422,000 $650,000 $580,000 $1,652,000

Variable expenses 227,880 169,000 232,000 628,880

Contribution margin $194,120 $481,000 $348,000 $1,023,120

Traceable fixed expenses $268,000 $320,000 $191,000 779,000

Common fixed expenses 346,000

Net operating income (loss) $(73,880) $161,000 $157,000 $(101,880)

2. Assuming these estimates are accurate and implemented, the company's net operating loss of $101,880 will decrease by $69,600 to $32,280.

Explanation:

a) Data and Calculations:

GATTY Corporation

Recent monthly contribution format income statement:

Sales $1,652,000

Variable expenses 628,880

Contribution margin 1,023,120

Fixed expenses 1,125,000

Net operating income (loss) $(101,880)

Segmented Income Statement for the most recent month

Division East Central West

Sales $422,000 $650,000 $580,000

Variable expenses as a percentage of sales 54% 26% 40%

Traceable fixed expenses $268,000 $320,000 $191,000

1. Segmented Income Statement for the most recent month

Division East Central West Total

Sales $422,000 $650,000 $580,000 $1,652,000

Variable expenses 227,880 169,000 232,000 628,880

Contribution margin $194,120 $481,000 $348,000 $1,023,120

Traceable fixed expenses $268,000 $320,000 $191,000 779,000

Common fixed expenses 346,000

Net operating income (loss) $(73,880) $161,000 $157,000 $(101,880)

Segmented Income Statement for the most recent month

Division East Central West Total

Sales $422,000 $650,000 $678,600 $1,750,600

Variable expenses 227,880 169,000 232,000 628,880

Contribution margin $194,120 $481,000 $446,600 $1,121,720

Traceable fixed expenses $268,000 $320,000 $220,000 808,000

Common fixed expenses 346,000

Net operating income (loss) $(73,880) $161,000 $226,600 $(32,280)

$(101,880)

$(32,280)

$69,600

4 0

3 years ago