Answer:
b. Non-excludable; Tragedy of the commons.
Explanation:
Bumper-to-bumper traffic on free public roads, a(n) NON EXCLUDABLE good, is an example of the TRADEGY OF THE COMMONS
Therefore NON EXCLUDABLE good can be defined as the goods in which every individual or the general public have access to use in which the use of this goods by the public does not affect it availability for use in the future meaning that such goods will still be available for the public to make use of which is why Bumper to bumper traffic on free public roads, is a NON EXCLUDABLE good because it does not restrict or exclude a person or an individual from using it. While TRADEGY OF THE COMMONS on the other hand can be defined as the way in which a person or an individual desire to use or make use of resource for their own self desire or self interest and gain without caring about other users of the same goods which inturn may lead to reduction or depletion of such resource for other users of it. But despite this tragedy of the common does not restrict or exclude the public from using or consuming it. Example of TRADEGY OF THE COMMONS is Traffic congestion.
Answer:
When the Fed lowers the rate, the opposite occurs. Banks are more likely to borrow from each other to meet their reserve requirements when rates are low. Credit card rates drop, so consumers shop more. With cheaper bank lending, businesses expand.
Explanation:
The net profit of the company in this case is given by the subtraction of the income minus the costs.
We have then:
b (t) = r (t) - c (t)
b (t) = 15 * e ^ (0.19 * t) - 12 * e ^ (- 0.03 * t).
We must determine the number of years.
from january 1st in the year 2000 until january 1st in the year 2007:
t = 2007-2000 = 7.
We have then evaluating t = 7 in the function:
b (7) = 15 * e ^ (0.19 * 7) - 12 * e ^ (- 0.03 * 7).
b (7) = 46.99 millions of dollars
answer:
the net profit was 46.99 millions of dollars
Answer:
b) $ 150,000
Explanation:
Calculation of Hasting Company net income in 2014
Particulars Amount ($)
Pretax Income under FIFO for 2014 170,000
Less:
12/31/2014 Final Inventory under FIFO 270,000
Add:
12/31/2014 Final Inventory under LIFO 210,000
Add:
12/31/2013 Final Inventory under FIFO 240,000
Less:
12/31/2013 Final Inventory under LIFO 200,000
Pretax Income under LIFO for 2014 150,000