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3 years ago

How is environmental pollution market failure

Business

1 answer:

djverab [1.8K]3 years ago

5 0

Answer:

In the real world, pollution is served as an example of market failure. ... According to the diagram, in this case pollution, negative externalities occurs. At the output Qe , equilibrium output is achieved by the firm, at which the marginal private cost equals the price of the firm's output.

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Splish Brothers Inc. has the following transactions related to notes receivable during the last 2 months of the year. The compan

user100 [1]

Answer:

Nov 1st

note receivable debit 66,600

cash credit 66,600

Dec 11th

note receivable debit 7,200

sales revenue credit 7,200

Dec 16th

note receivable debit 9,600

account receivable credit 9,600

Dec 31th (adjusting entry)

interest receivable debit 714

interest revenue credit 714

Explanation:

(this calculation are done assuming 360 days year)

Nov 1st 66,600 6% interest at Dec 31th = 66,600 x 0.06 * (2/12) = $666

Dec 11th 7,200 90 days note 6% at Dec 31th = 7,200 x 0.06 x (20/360) = $24

Dec 16 9,600 6% 180 days at Dec 31th = 9,600 x 0.06 x (15/360) = $24

Total interest 666+24+24 = 714

5 0

4 years ago

Grain Farm Inc. files a suit against Harvest Services. Before the court can exercise jurisdiction over Harvest, the court must h

SVEN [57.7K]

Answer:

C)Harvest was notified of the suit.

Explanation:

From the question, we are informed about Grain Farm Inc. that files a suit against Harvest Services. In this case, Before the court can exercise jurisdiction over Harvest, the court must have proof that Harvest was notified of the suit. jurisdiction as regards to law can be explained as the right a case has over a particular subject matter. And all categories of court can exercise this power to adjudicate cases

4 0

3 years ago

TB MC Qu. 149 A machine with a cost... A machine with a cost of $133,000 and accumulated depreciation of $86,500 is sold for $53

Oksi-84 [34.3K]

Answer:

Explanation:

Under the direct method of cash flow statement the operating activities recorded the cash revenues and cash payment only

In the given situation, there is a machine cost, accumulated depreciation and the sale of the machine is given

Nothing should be recorded in operating activities as the sale of the machine come under the investing activity

Therefore $0 should be reported

4 0

4 years ago

Identify and list five products for which surrogate indicators may be used as evaluative criteria in a brand choice decision. Wh

natima [27]

Food, Athletic shoes, higher prices, using quality standards emblem, influence of celebrities.

<u>Explanation:</u>

Customers follow their intuitions and their own way of decision-making rules to buy or purchase a product of a particular brand.

customers choose specific products based on their attributes. There are cases where customers would consider the performance of certain attributes as a benchmark for judging other attributes and make a choice.

Let us consider five products that use surrogate indicators as evaluation criteria for purchase and also why they are used by the marketers.

Food: In a restaurant or cafe the marketers use the smell of the food as a surrogate indicator as customers would be tempted with the smell of the food and place order to taste it. the customers would judge the taste of food which is an actual evaluation criterion on the basis of smell is a surrogate indicator.
Athletic shoes: The marketers claim or use lightweight characteristic as a surrogate indicator stating that this lightweight of the shoes allow the person to run faster. Although shoes tear off due to less durability business happens there.
Higher prices: There would be a misconception that the product quality would be good if the prices are higher. The marketer showcases the products at higher prices to enhance the business by using higher prices as a surrogate indicator.
Influence of celebrities: Customers tend to imitate the products and lifestyle of their favorite celebrities or inspiration. The promoters use celebrities to promote their brand products here celebrities are used as surrogate indicators.

6 0

4 years ago

Beta coefficients and the capital asset pricing model Personal Finance Problem Katherine Wilson is wondering how much risk she m

Fittoniya [83]

Answer:

Beta = 1.2

Explanation:

Given:

The risk-free return = 4%

The return on the overall stock market = 14%

The portfolio return to be achieved = 16%

Now,

from capital asset pricing model,

Expected return = Risk-free return + Beta (Market Return - Risk-free return)

on substituting the respective values, we get

16% = 4% + Beta × ( 14% - 4% )

12% = Beta × ( 10% )

Beta = 1.2

6 0

3 years ago