Answer:
The activities that creates positive externalities among the options include:
- Late-night road construction begins on a new bridge. As a consequence, traffic is rerouted past your house while the construction takes place.
- You and your friends volunteer to plant wildflowers along the local highway.
Explanation:
Positive Externality occurs when the consumption or production of a good causes a benefit to a third party.
Take for instance, Government grants and subsidies to producers of goods and services that generate external benefits will reduce costs of production, and encourage more supply.
The positive externalities includes supply of merit goods such as healthcare, education, and social housing.
- Late-night road construction begins on a new bridge. As a consequence, traffic is rerouted past your house while the construction takes place. The positive externality here is easy access to transport.
- You and your friends volunteer to plant wildflowers along the local highway. This will cause your relationship with your friends to blossom and when the plants grow, it will purify the air and beautify the environment.
Answer:
<em>CONCEPT</em>
Explanation:
It is known as <em>"CONCEPT"</em> in which the meanings collections are been accepted and associated with characteristics with certain objects and situations and conditions and events as well as behaviors.
<em>In this it also classifies the events and as well as objects that are carrying similar characteristics. </em>
We can also abstract such kind of meaning with are experience of abstraction.
Answer:
Perishability.
Explanation:
Perishability is utilized in marketing to portray the manner by which service limit can't be put away available to be purchased later on. It is a key concept of services marketing.
Answer:sales must have amounted to:$704,000
Explanation:
Contribution ratio = Sales ratio - Variable cost ratio
= 100%- 75%
=25%
Sales to break even = Fixed expenses / Contribution margin ratio
Therefore,
Fixed expenses = Sales to break even x Contribution margin ratio
=$840,000 x 25%
=$210,000
Contribution margin can also be calculated as
Fixed expenses- Operating loss
=$210,000 -$34,000
=$176,000
Sales = Contribution margin/ Contribution ratio
= $176,000/25% =$704,000
