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Lesechka [4]
3 years ago
7

Spring is here, and Brian and his grandfather would like to go fishing for the weekend in Vermont. Brian could either go to the

river in town where anyone can fish without a permit, or he could drive up to a stream located on his family's property in the countryside to fish. Assume that, no matter where people fish, all of the fish that are caught would be kept (that is, there is no "catch and release" policy).
The fish in the private stream are considered _____ and _____ whereas the fish in the river are _____ and _____ . In other words, the fish in the private stream are an example of _____ , and the fish in the river are an example of _____.

Fishing in the river will likely lead to _____ because of which of the following reasons?

a. All fishermen will choose to fish in the stream believing that there are more fish there.
b. Nobody will enjoy fishing because of the lack of private contributions to the maintenance of the drier.
c. All fishermen will choose to fish in the river because of the limited access to the stream.
d. Anyone can fish in the river, and one person's fishing activity decreases the ability of someone else to fish with success.
Business
1 answer:
Reil [10]3 years ago
6 0

Answer:

The fish in the private stream are considered ---excludable---and ----rivalrous-------- whereas the fish in the river are ---non-excludable----- and -----rivalrous---

In other words, the fish in the private stream are an example of ---private goods-------------? , and the fish in the river are an example of ---common goods-----.  

Fishing in the river will likely lead to .....rivalry.... because of which of the following reasons:

d. Anyone can fish in the river, and one person's fishing activity decreases the ability of someone else to fish with success.

Explanation:

Private goods possess some distinguishable characteristics from common and public goods.  These main characteristics of private goods are Excludability, Rivalry, and Rejectability.  But, public goods are characterized by non-rivalry and non-excludability.  Common goods' characteristics rivalry and non-excludability.

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Samuel assists his clients in investing in the stock market. He not only acts as an agent by buying and selling corporate stocks
givi [52]

Answer:

Samuel plays the role of a securities broker.

Explanation:

A securities broker has the function of being the link between the investor and the global financial markets. The broker helps guide the client to make the best investment decisions in the market.

In addition to advising its clients, the securities broker is responsible for buying and selling the shares of its client. To be a securities broker, you must have higher studies in administration, economics, or finance, also have completed the preparation to work as a broker.

<em>I hope this information can help you.</em>

8 0
3 years ago
The rationality assumption as used in economicsA. is widely accepted by other social science disciplines as well.B. states that
NNADVOKAT [17]

Answer:

(D) presumes that everyone can perform sound logical analysis at all times

Explanation:

Economics assumes that everyone is rational and will always choose an option that yields the highest utility in all cases. This accounts for the term "the rational human being" in Economics.

5 0
3 years ago
The least expensive type of life insurance is _____. whole-life insurance term insurance endowment life insurance limited-paymen
lutik1710 [3]
I believe the answer is: Term insurance

Term insurance is significantly cheaper compared to other type of insurance because it only cover risk plan without considering potential return in the future.
The amount of term insurance usually paid at a fixed rate on a limited period of time.
3 0
3 years ago
Read 2 more answers
A builder only has a few properties available in a development. He feels that it is no longer necessary to have his onsite sales
USPshnik [31]

Answer:

An open listing

Explanation:

In real estate an open listing is one in which the owner of a property contracts more than one agent to sell the property. The agent with the winning bid will eventually sell the property.

The opposite of this is the exclusive listing where the property owner only engages one agent to sell the property.

In the given scenario the builder feels that it is no longer necessary to have his onsite sales agent market these properties and decides to list the properties with a local brokerage firm. Thereby allowing all of the local firms to market these properties.

This is an open listing

5 0
2 years ago
The following information pertains to Pernell Company's pension plan. Beginning PBO: $500,000; current service cost $50,000; dis
monitta

Answer:

= $560,000

Explanation:

Given that:

  • -Beginning PBO: 500,000
  • -Current Service Cost: 50,000
  • -Discount Rate: 6%  => interest cost = 500,000*6% = 30,000
  • -Contributions by Pernell: 40,000
  • -Benefits paid to employees 25,000
  • -Loss on PBO: 5,000

As we know that service cost; gains and losses; payments to retired employees; prior service cost; interest cost; payments to employees are factors that change the balance of the PBO

So the ending balance of the PBO will be:

Beginning PBO + Current Service Cost + Interest cost Loss on PBO -Benefits paid to employees

$500,000 + $50,000+ $30,000+$5,000-$25,000

= $560,000

4 0
3 years ago
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