Answer:
The correct answer is letter "B": Beekeepers are paid for the pollination services their bees provide, thus internalizing the externality.
Explanation:
Internalizing the externality refers to transferring the obligation (costs) from a negative externality -pollution or congestion in traffic, for instance- from outside to inside. This can be achieved by imposing taxes, property rights, tolls, and subsidies from the state.
Answer:
No, it is not a violation of the <em>law of demand</em>, hence why it is a "law."
Explanation:
During summer months, the demand for beach resorts increases. This is <u>different</u> from an increase in <em>quantity</em> demanded. The curve is shifting instead, towards the right, while the supply is stable. Since the demand curve shifts right, the price will increase to restore market equilibrium.
It is best to draw a graph for these questions, and know your demand determinants.
Answer:
$207.06 million
Explanation:
First and foremost, it should be borne in mind that the price of a zero-coupon bond is the present value of its face value since the bond does not pay any coupons over its tenor as shown thus:
PV of bonds=FV/(1+i)^n
PV of bonds=amount required=$111 million
FV=face value=the unknown
i=semiannual yield = 4.2%/2=2.1%
n=number of semiannual periods in 15 years=15*2=30
$111=FV/(1+2.1%)^30
FV=$111*(1+2.1%)^30
FV=$207.06 million
Answer:
Letter A. <u>Quality through constant innovation and quality assurance training.</u>
Explanation:
Alternative A is correct, as W. Edwards Deming was a pioneer scholar in the application of organizational quality management.
He was responsible for creating the 14 points, which are principles for management that will help the organization to achieve total quality. He was also responsible for popularizing the PDCA Cycle (PLAN, DO, CHECK, ACT), which is a strategic tool widely used worldwide to ensure continuous improvement and the quality of processes and products.
- PLAN: define objectives, methods and resources.
- DO: Perform, educate and train.
- CHECK: Measure and evaluate
- ACT: act correctly.
Continuous improvement can be achieved through the correct and targeted use of the PDCA cycle towards organizational objectives. For Deming, without continuous improvement, there is no survival of the organization in the market, so he argues that continuous improvement must be implemented in all phases of the project, to achieve the benefits of continuous improvement of processes, increased productivity and reduced costs.
Answer: If it has a secular legal purpose, has a primary effect of neither advancing nor inhibiting religion, and does not foster an excessive government entanglement with religion
Explanation:
The Establishment clause prevent the Congress from having a state religion or honig preference to one religion above another one.
The circumstances that a state law would be permissible under the establishment clause include if it has a secular legal purpose, has a primary effect of neither advancing nor inhibiting religion, and does not foster an excessive government entanglement with religion.
