In order to overcome the free-rider problem interest groups often provide selective benefits to their members.
The free-rider problem is a problem in economics. it is considered an instance of a market failure. this is, it's far an inefficient distribution of goods or offerings that happens when a few people are allowed to consume extra than their honest proportion of the shared useful resource or pay much less than their honest percentage of the charges.
The free-rider problem is a monetary idea of a market failure that happens whilst humans are taking advantage of sources, goods, or offerings that they no longer pay for. If there are too many free riders, the sources, goods, or services may be over-provided. consequently, this will create a loose rider problem.
The free rider problem may triumph over thru measures that make sure the users of a public accurate pay for it. Such measures encompass government moves, social pressures, and gathering bills—in particular conditions wherein markets have located a way to do so.
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Answer: d. May not discriminate, subject to time lapse
Explanation:
Alphonso in this scenario may not discriminate by hiring a Latino because his worry is that they will be unable to fit in with his permanent workers. The extra workers are temporary workers who will be soon gone so there is no need for them to fit in that with the permanent workers so Alphonso may not discriminate based on this.
Answer:
predetermined overhead allocation rate is $228 per hour
Explanation:
given data
Estimated over head costs = $8,000,000
Estimated machine hours = 35,000
actual machine hours = 31,000
to find out
predetermined overhead allocation rate
solution
we know that predetermined overhead allocation rate is express as
predetermined overhead allocation rate = 
put here value
predetermined overhead allocation rate = 
predetermined overhead allocation rate = $228.571
so predetermined overhead allocation rate is $228 per hour
Answer: b. The quantity of the country's currency supplied exceeds the quantity demanded.
Explanation:
A country operating a fixed-exchange rate system would be actively trading its currency to ensure that it remains at a certain rate. If the currency is overvalued, it means that the currency is actually weak and is being propped up by the company's actions in the forex market.
A reason for the weakness would be that the supply is higher than the demand of the currency which means that, as per the rules of supply and demand, the currency is trading at a lower price, i,e., it is weak.
Answer:
a. $349,700
b. $209,900
Explanation:
The computation is shown below:
Before computing the cash payment made to supplier first we have to find out the purchase amount which is shown below:
(a) Change in Finished goods + purchase = Cost of goods sold
-$25,800 + purchases = $307,000
So, the purchase is $332,800
Now
Cash paid to supplier is
= $332,800 + $16,900
= $349,700
And,
(b) Cash paid for operating expenses is
= $229,000 - $8,000 - $11,100
= $209,900
