Answer: there will be too much pollution
Explanation:
From the question, we are informed that government officials have set an emissions tax to reduce pollution and that the optimal tax should have been $1,500 but government officials have set the tax equal to $500.
It should be noted that due to the fact that the optimal tax has been set below the equilibrium, this will lead to a rise in pollution as the people will be aware that they're paying less than the optimal level which will lead to more pollution. An increase in the optimal tax will have help in reducing the pollution.
Answer:
The projected Net Income is $70,784
Explanation:
The Pro- forma income Statement
Working Note:
Variable cost = Sales × 44%
= $585,000 × 44%
= $257,400
EBT (Earnings before Tax) = Sales - Variable cost - fixed cost - depreciation
= $585,000 - $257,400 - $187,000 - $51,000
= $89,600
Net Income = EBT × Tax rate
= $89,600 × 21%
= $70,784
Answer:
The question is missing the options as given below:
A. mission statement
B. belief statement
C. goals pact
D. code of ethics
E. management pledge
The correct option is A,mission statement
Explanation:
The mission statement shows in summary form the vision,core values as well as statement of goals and objectives of an establishment.
Building the best product is the prioritized goal of Patagonia,since having the best product places it in the forefront in terms brand recognition,hence increased sales.
Core value here is ensuring no unnecessary harm is caused by way of injuries sustained in the course of pursuing its objectives.This implies that Patagonia is responsible corporate citizen in the area of complying with best practice in safety procedures.
The vision of the company is to implement solutions to environmental challenges through business inspiration.
To attract oversea investors and working immigrants
Answer:
The marginal benefit of working each hour of overtime is $18.
Explanation:
<em>Marginal Benefit</em> refers to the maximum price I would pay for a second (or more) product or service.
In this case, the employer is willing to pay for each extra hour the amount of $18, which means that the <em>Marginal Benefit</em> increases.
It is considered, that the perceived value by the employer for each extra hour is $18.