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Akimi4 [234]
2 years ago
9

Many people who do not smoke cigars are bothered by the odor of cigar smoke. If private contracting is impossible, will too many

or too few cigars be produced and consumed? Taking all costs into account, is the market price of cigars too high or too low?
Business
1 answer:
andre [41]2 years ago
8 0

If private contracting is impossible, too many cigars would be produced and consumed. The market price of cigars is too low.

<h3>What is negative externality?</h3>

Negative externality is when the production or consumption activities of economic agents negatively affects third parties not involved in production or consumption.

For example, smoking a cigar affects others that are not smoking that are around the person that is smoking. Negative externality occurs because the cost of production or consumption is too low.

To learn more about externalities, please check: brainly.com/question/26266710

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When a company records depreciation it debits:_____.
Svetlanka [38]

Answer: A. Depreciation Expense and credits a contra-asset account.

Explanation:

Depreciation is an expense which means that when it is incurred, it will be debited because expenses are debited to show that they have increased.

Depreciation reduces the value of an asset so the asset needs to be credited which is what is done when an asset reduces. The full entry would therefore involved a debit to the Depreciation account and a credit to the asset account that is being depreciated.

4 0
3 years ago
The Assembly Department of​ Intuitive, Inc., manufacturer of​computers, had​ 4,500 units of beginning inventory in​ September, a
Pepsi [2]

Answer:

Units accounted for: 7,500

Explanation:

We are going to follow physical units so the method W/a or FIFO is not relevant for this step:

Beginning and transferred in are the input, fro mwere the units come from:

beginning WIP              4,500

transferred in                3,000

Units to account for:   7,500

While, ending WIP and transferred-out are were the untis are now:

Ending WIP                  6,000

transferred-out             1,500

Units account for        7,500

8 0
3 years ago
isabella takes $100 of currency from her wallet and deposits it into her checking account. if the bank adds the entire $100 to r
Tresset [83]
Isabella takes $100 of currency from her wallet and deposits it into her checking account. If the banks add the entire $100 to reserves, the money supply increases, but if the bank lends out some of the $100, the money supply decreases.
3 0
2 years ago
Although the Chen Company’s milling machine is old, it is still in relatively good working order and would last for another 10 y
SCORPION-xisa [38]

Keeping the appropriate cash flow in the cash flow register, using a financial calculator, NPV should be calculated for taking the decision.

Answer: According to the NPV calculated, Chen should buy a new machine.

<u>Explanation:</u>

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0 1 2 10

I 10 I I . . . I

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3 years ago
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