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WINSTONCH [101]
2 years ago
6

An externality is an unwarranted cost or benefit that affects...

Business
1 answer:
Makovka662 [10]2 years ago
3 0

Answer:

a third party

Explanation:

A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks etc.

In Economics, an externality could either be positive or negative depending on its effect on a third party.

A positive externality arises when the production or consumption of a finished product or service has a significant impact or benefits to a third party that isn't directly involved in the transaction.

On the other hand, a negative externality arises when the production or consumption of a finished product or service has a negative effect and/or impact (cost) on a third party.

This ultimately implies that, an externality is typically an unwarranted cost or benefit by a manufacturer or producer of goods and services that affects a third party.

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3 years ago
Junkman Autos uses a separate checking account to pay their employees. The gross pay for the period was $1,000. However, after d
STALIN [3.7K]

Answer:

journal entry are given below

Explanation:

given data

gross pay for the period = $1,000

net pay for the period =  $820

to find out

journal entry to record the issuance of payroll checks

solution

journal entry are as

Account Name                       Debit                      Credit

Labor Expenses                        $1000

payroll taxes Payable                                                  $820

Net Payroll Payable                                                     $180

( $1000 - $820 )

6 0
3 years ago
Specific development, pricing, promotion, and distribution of products that do less harm to the environment are known as:______
stellarik [79]

Answer:

C). green marketing.

Explanation:

Green marketing can be regarded as the marketing of products/services which are presumed as an environmentally safe products. It involves range if activities such as modifications of products, change in process of production, modifications of advertisement as well as sustainability packaging of products. It should be noted that Specific development, pricing, promotion, and distribution of products that do less harm to the environment are known as green marketing

8 0
2 years ago
If maria gets 80 utils from consuming five​ cookies, 100 utils from consuming six​ cookies, and 120 utils from consuming seven​
Klio2033 [76]

Answer:

The correct answer is 20 Utils

Explanation:

Marginal utility is the change in the utility from an increase in the consumption of a good or service.

Example of Maria

Maria gets 80 utils from consuming 5 cookies

If Maria consumes 6 cookies, The Utils change from 80 to 100. <u>This difference of 20 is called marginal utility.</u>  (100-80=20)

3 0
3 years ago
Services provided by a public-service companies, such as water, electricity and gas are all known as
Artist 52 [7]
I believe the answer is A.) Utilities
4 0
3 years ago
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