Answer:
OPTION C
Explanation:
Non-exclusive goods are essential services which can not preclude the use of such goods by a single person or group of persons. Consequently it is almost difficult to restrict access to the sale of un-excludable products. For instance, a public highway requires almost anyone to use it no matter of the type of motorized vehicle we have, or even if they are just wandering around.
Products which are not excluded and products which are excluded are opposites. The former means that each person can access and consume a certain public good while the latter refers to goods which prevent some people from using it. Exclusive items are private goods while non-exclusive goods are public goods.
Answer:
B.Gain of $14,000
Explanation:
Truck Old-Cost $52,000
Accumulated Depreciation ($40,000)
Written Down Value $12,000
New Truck $70,000
Less: Cash paid (44,000)
Sale Proceeds of old truck 26,000
Gain on disposal of old truck=26,000-12,000=$14,000
Had to look for the rest of the details and here is my answer.
Based on the given table of data attached to this question, the best estimate for Korey to quote as expected profits in the next year for his business plan next year would be <span>$19,386.97. Here is the given information of his net year profits.
</span>Year
Net Profits
1: $14,250.00
2 : $15,390.00
3 : $16,621.20
4 : $17,950.90
<span>5 : ?
</span>
Hope this answer helps.