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STALIN [3.7K]
3 years ago
12

Assume that locating a cement factory in the middle of Boston would save the producer $5 million at a public expense, in polluti

on and traffic noise, of $20 for each of 500,000 Boston residents. 1. What is the minimum amount that Boston residents would have to pay to stop the plant from being built if the owner has a legal right to build
Business
1 answer:
never [62]3 years ago
7 0

Answer:

$5 million

Explanation:

If we follow the Coase Theorem, the appropriate solution to this case should be obtained regardless of initial rights. In this case, the factory saves $5 million to the producer, but it costs $10 million to Boston residents. if Boston residents pay $5 million or more to the factory owner, then both would benefit. Boston residents will gain $10 - $5 = $5 million, as well as the factory owner.

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Overextended Debtor. Dennis purchased a big screen television from ABC Electronics and financed the purchase through ABC Electro
kap26 [50]

Answer: (F) Collateral

Explanation:

  According to the given question, Collateral is referred to proper designation under UCC in which the Dennis refused to return television to the ABC electronics company.

The term Collateral is referring as assets such as television that is typically used to secure the loan as it provides a low internet rate and due to collateral they also makes the duration of the loan length.

Television is represented as collateral so ABC company cannot perfect its interest so due to this reason Dennis refuses to return television to the company. Collateral is known as the secured loan and it is used by the following ways:

  • Purchasing personal assets
  • Vehicles
  • Investment purpose
  • Paychecks

  Therefore, Option (F) is correct answer.

7 0
3 years ago
What is a land as a factor of production
Lilit [14]

Answer:

see below

Explanation:

Land as a factor of production will comprise the natural resources found beneath, on, and above the earth's surface. Land will therefore include the fertile land/soils used for agricultural productions, minerals, oil and gas, forests, water, and the space used to put up factories and businesses.

Land consists mostly of natural resources occurring on earth. The other factors of production consist of capital, labor, and entrepreneurship.

4 0
3 years ago
Jennifer is divorced and files a head of household tax return claiming her children, ages 4,7, and 17, as dependents. Her adjust
Stells [14]

Answer:

Ans: $ 3900 The correct answer is :

Explanation:

Explanation:

1) For  2018  phaseout  limit  for  AGI  is  $  200,000  

2)  The  credit  phaseout  by  $  50  for  each  $1000  of  MAGI  Over thereshold.

3)  $  211,200  -  $  200,000 =  $11200

4)  $11,200  ÷  $ 1000  =  11.2

=  $  12  (Round it off )

5)  $  12  ×  $ 50    = $ 600 phase out

6) Child  Credit  Per  child  is  $  2000.

7)  ( 2  kids  x  2,000  each )  -  600  =  3,400

8)  3,400  +  500 (1  kid  17  and  over )  = 3,900

3 0
3 years ago
Use the following information for questions 6 and 7. Wonderland Company imports and sells a product produced in Canada. In the s
GarryVolchara [31]

Answer:

$1,564,800

Explanation:

Year   Purchased Quantity (Units)   Cost per unit   Total Cost

2017                 4,000                              $160               $640,000

2018               10,000                              $220            $2,220,000

2019               16,000                               $320           $5,120,000

(A) Sales Revenue

2019              18,400                                $392                       $7,212,800

(B) Less: Cost of Goods Sold (LIFO)

2019              (16,000 x $320)                        ($5,120,000)

2018              {(18,400 - 16,000) x $220}          ($528,000)

(A - B)Gross Profit                                                                      $1,564,800

7 0
3 years ago
Consider two very different firms, M and N. Firm M is a mature firm in a mature industry. Its annual net income and net cash flo
Bumek [7]

Answer:

a. Firm M probably has a higher dividend payout ratio than Firm N.

Explanation:

The dividend payout ratio is commonly referred to a portion of the net income of the company which is paid to the various shareholders in dividends. Therefore, if we consider the statements made in the question, Firm M has a higher annual net income while the annual net income of Firm N is fluctuating, we can conclude that the dividend payout ratio of Firm M is more than that of Firm N.

6 0
3 years ago
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