Although major reports conclude that avoiding climate change<span> is affordable, </span>costs<span> could skyrocket without smart, immediate </span>action<span>.</span>
Answer: The answer is b. The benefit of the music to Ty must exceed the cost of the noise to Olivia.
Explanation: According to the Coase Theorem, as long as Ty values his stereo system Olivia will still not get the benefit of the doubt to get her sleep. So Ty has to pay her enough that it would benefit himself and his neighbor Olivia.
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Answer:
B. Natural barriers cannot prevent the entry of new firms.
Explanation:
Natural barriers cannot prevent the entry of new firms as firms should be free to enter and exit the industry. Every firm's actions or dealings influence the profits of all the other firms.
Answer:
The answer is 156.25
Explanation:
In the 1st year:
- Interest: 2,500 x 5% = 125
- Payment amount: 125 x 175% = 218.75
- Principal: 218.75 - 125 = 93.75
Hence, the principal payment in 20 year loan as follow:
10 x 93.75 + 10 x X = 2,500
=> X = 156.25
Answer:
A direct report is an employee who formally reports to you. This generally means that you are directly responsible for assigning them work and managing their performance. An indirect report are the employees who report to your direct reports and their subordinates.
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