Answer:
C. a public good
Explanation:
Oil and gas reserves are the public good
Since , Oil and Gas reserves belongs to the property of the nation and the license to drill them are controlled only by the government .
The oil and gas reserves are both non-excludable and are non- rival.
Excludability means the nature of the use of a goods or services .
The correct answer is delivery gap. This is the gap between what the customer knows and wants and what you're providing him. If you train your employees well, then the gap will be lower meaning that the customers won't mess things up and will use what they're buying properly. This not only often saves the customer if something complicated and dangerous is used, but it also prevents you from being sued if something malfunctions due to human error.
Answer:
No impairment loss would be reported
Explanation:
The computation is shown below;
Impairment loss = carrying value - recoverable amount
Where,
The recoverable amount would be the higher amount of fair market value and value in use
So the recoverable amount would be $2,545,000
Now the impairment loss is
= $2,500,000 - $2,545,000
= -$45,000
Since the impairment loss comes in negative so no impairment would be recorded
Answer:
Poorer developing countries which often produce and export primary commodities tend to face unfair _______exchange values______________ in relationship to rich countries that produce manufactured (capital) goods.
Explanation:
Unfair exchange value means that rich countries that use the primary commodities of poorer developing countries to produce manufactured goods, especially capital goods, sell the manufactured goods at values that are not real or too exorbitant. This practice contributes to the unfairness of international trade. It also means that the prices at which the primary commodities are bought form the poorer countries are too low when compared with the prices of the manufactured capital goods sold by rich countries to poorer countries.
Answer:
Contributions to Roth IRAs aren't tax deductible, but withdrawals made at retirement aren't taxed.
Explanation:
Roth IRA refers to an individual retirement account that allows a tax-free growth and tax-free withdrawals in retirement. Roth IRAs are best when one's taxes would be higher at the point of retirement than present day.
The contributions made to the Roth account are are often made with after-tax money, which cannot be deduct; for this reason, the contribution grows and these contributions aren't taxed.
It is also to be note that, earnings in a Roth account can be tax-free rather than tax-deferred
