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2 years ago

What is the proper balance between dealing with negative externalities through government regulation or through torts?

Business

1 answer:

frutty [35]2 years ago

3 0

Answer:

Government regulation is the best way to deal with negative externalities

Explanation:

An externality is the effect of the activities ( mostly economic ) of an individual on third parties whom are not direct participants in such activities ( mostly economic ) and this externalities can be either positive or negative .

A proper balance by which Government can deal with negative externalities is by increasing taxes on the production of goods and services that leave a trail of negative externalities on third parties. that way the cost of production of such goods and service will discourage its production

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Because you understand the law of supply, you can deduce that the correct graphical representation of the supply for CDs must be

Bas_tet [7]

Answer:

Explanation:

Law of Supply, is the law which states or claims that all else being constant or equal, then the quantity supplied of the good increases when the price of the goods also increases.

Ans this states the positive relationship among the price and the quantity, thus an upward sloping curve. Therefore, it is the curve (supply curve), which is more likely for the CDs.

This curve shows the relationship among the amount that the sellers willing to and able to supply and the price of the CDs, which is called as the quantity of CDs supplied.

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3 years ago

The federal law that regulates the degree to which employees can be exposed to hazardous substances and must be supplied with sa

andrezito [222]

The federal law that regulates the degree to which employees can be exposed to hazardous substances and must be supplied with safe working conditions and equipment is Federal Hazardous Substances Act (FHSA) .

The Federal Hazardous Substances Act (FHSA) requires precautionary labeling on the immediate container of hazardous household products to help users safely store and use those products and to give them information about immediate first aid steps to take if an accident happens.

The Act also allows the Consumer Product Safety Commission to ban certain products that are so threatening or the nature of the hazard is such that the labeling the act requires is not adequate to protect consumers.

The Act requires hazardous household products ("hazardous substances") to bear labeling that alerts consumers to the potential hazards that those products present and that suggests what they need to do to protect themselves and their children from those hazards.

To know more about federal laws refer to:

https://brainly.in/question/5582683

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7 0

1 year ago

Assume a world in which individuals live forever. There are three choices of schools: high school, associate degree (e.g., commu

Jobisdone [24]

Answer:

Using

standard discounted cash flow analysis where we try to equate the PV of annuity of additional income with the PV of the money that is to be spend on additional education. There are three scenarios, which are tabulated as follows. It appears that interest rate of 5% or 6% is the one which makes it a good decision to go for higher educaiton. Rates higher than this aren't helpful.

Explanation:

7 0

3 years ago

Read 2 more answers

Merchant Company purchased property for a building site. The costs associated with the property were: Purchase price $ 178,000 R

allochka39001 [22]

Answer:

$198,000 and $0

Explanation:

The calculation is shown below:

The Cost of the land is

= Purchase price + Real estate commissions + Legal fees + Expenses of clearing the land + Expenses to remove old building

= $178,000 + $15,300 + $1,100 + $2,300 + $1,300

= $198,000

As the property is buy for the building site so here no cost will be recognized and allocated to the new building cost

hence, it would be zero

3 0

2 years ago

Beginning work in process inventory: Units in beginning work in process inventory500 Materials costs$ 7,800 Conversion costs$ 9,

Gre4nikov [31]

Answer:

$15.76

Explanation:

beginning WIP 500 units

materials 85% complete, so 15% added during the period (EUP during current month = 75 units)

conversion costs 55% complete, so 45% added during the period (EUP during current month = 225 units)

units started 7,000

units transferred out 6,100

units started and transferred out = 6,100 - 500 = 5,600 (EUP = 5,600 units)

ending WIP 1,400 units

materials 60% complete (EUP = 840 units)

conversion costs 50% complete (EUP = 700 units)

materials cost for the month = $102,700

total EUP for the month = 6,515 units

total cost per EUP for materials = $102,700 / 6,515 = $15.7636 ≈ $15.76

4 0

3 years ago