You run out and call 911 or whatever the number is for you and if you’re on fire stop drop and roll because if you run you’re only giving the fire more oxygen
Answer:
The answer is: C) Special interests; they are bearing the costs.
Explanation:
A group of people, institutions or companies that share a common goal are more likely to achieve them or be more successful at their execution when they are easily and publicly identified to them. In politics, this is the whole concept behind lobbying. Generally those groups that take the effort to make their demands public will be more successful in achieving them. That is true even if some other group or the majority of the population suffers from those actions.
We can use the NRA as an example for this assumption. They are a well organized, funded and publicized group that firmly believes in their right to bear arms. I myself share that same belief. But I doubt anyone could argue why we need to sell machine guns or grenade launchers to common ordinary people that aren´t even trained to use them. But they have made their claim so well known and connected with the right politicians, that even mass murdering machines are available to the common public. And the cost of their actions are been paid mostly by innocent victims (and their families and communities) and the nation as a whole.
Answer:
d. An increase in the supply of the good.
Explanation:
Under normal circumstances, when production of certain goods that used to be manual is now automated or there is enhancement of technology then, supply for such good will definitely increase.
It means that there will be faster rate of production due to the technological improvement unlike when production is being done with obsolete equipment or done manually.
When there is enhancement of technology use to produce certain goods, it will bring about decrease in cost of production for producers and an increase in supply of such goods.
Answer:
The journal entry for recording the loss on the impairment is shown below:
Explanation:
Loss on Impairment A/c..........................Dr $137,000
Patent A/c......................................Cr $137,000
For recording the impairment, the loss or expense on the impairment is debit Therefore, loss on impairment is debited and the underlying asset is credited. So, the Patent account is credited.
Working note:
Impairment loss = Carrying amount - Fair value
where
Carrying amount is $300,000
fair value is $163,000
So,
= $300,000 - $163,000
= $137,000
Answer:
Economic Costs = $123,000
Explanation:
Since Jen has left the job, she will not receive any further money. Therefore, the non-paying salary is an economic cost. Moreover, she owes a building with a market value of $150,000. It is also an economic cost as it can only depreciate, and Jen cannot use the building outside any other location. For that bank, a 12% interest will be added. Supplies expense is an economic cost.
Economic Costs = $(75,000 + 150,000 x 12% + 30,000)
Economic Costs = $(105,000 + 18,000) = $123,000
