The free-rider problem arises when an individual <u>[</u><u>C]</u><u> </u><u>does not pay for a good because nonpayment does not prevent consumption.</u>
<span>It's an initiative by the United States Department of Agriculture to create School gardens, community gardens, urban farms, and small-scale agriculture projects in rural and urban areas, to benefit the community itself and help achieve sustainable development.</span>
Answer:
The answer is below
Explanation:
With suppliers across over 60 countries all around the globe, Google continues to organize its supply chain quite efficiently.
Hence, Google’s supply chain management can be summarized in the following key points:
1. Getting reliable suppliers: Google ensures they work with trustworthy suppliers by conducting robust appraisal based on a variety of factors, such as country-specific risk, product-specific risk, suppliers' past records, supplier relationships, etc.
2. Suppliers code of conducting business: this involves social and environmental responsibility and as well as safe working conditions for suppliers' employees.
3. Effective Management of Suppliers Diversity: Google identifies and supports all forms of suppliers' community, regardless of countries, gender, age, disability status, or even sexual orientation of the suppliers. This implies that Google keeps respecting and valuing the contribution of every associated with its supply chain in any capacity.
4. Promoting Tools and Techniques to Supports Suppliers: Google prioritizes training and energy conservations, cost reductions, and product enhancement, for its suppliers, which contribute to easy access to clean and renewable energy.
Answer:
the higher price elasticity of demand
Explanation:
A monopoly is when there is only one firm operating in an industry.
Price discrimination is when a producer sells the same good for different prices in different markets.
Elasticity of demand measures the responsiveness of quantity demanded to changes in price.
Demand is elastic when a change in price has greater effect on the quantity demanded.
A monopoly would charge the lower price for customers with a higher elasticity of demand because if price is high consumers would reduce the quantity demanded and the revenue of the monopoly firm would fall.
I hope my answer helps you.
Answer:
NPV= $22,511.15
Explanation:
<u>First, we need to calculate the present value of the cash flows ∑[Cf/(1+i)^n]:</u>
FV= {A*[(1+i)^n-1]}/i
A= annual cash flow
FV= {50,000*[(1.12^10) - 1]} / 0.12
FV= $877,436.75
PV= FV/(1+i)^n
PV= 877,436.75/1.12^10
PV= $282,511.15
<u>Now, the net present value, using the following formula:</u>
NPV= -Io + ∑[Cf/(1+i)^n]
NPV= -260,000 + 282,511.15
NPV= $22,511.15