A free rider is option(b) i.e, Someone who consumes a public good but does not pay for it.
<h3>What is meant by the free rider?</h3>
A free-rider problem is a form of market failure that happens when those who use resources, public commodities, or communal services underpay for them or do not pay for them at all. Free riders are an issue because they might still access or utilize the goods even though they aren't paying for them.
For instance, soliciting donations in a museum or garden. The donation sums would assist in paying for the garden/museum even if there would still be free riders.
Free riding hinders traditional free-market techniques of producing and consuming goods and services. Because individuals can still benefit from a shared resource even if they don't participate, free riders have no reason to do so.
To know more about free riders refer to: brainly.com/question/25800077
#SPJ4
its Criminal liability.
because, as seller of alcohol, you may face criminal laws if you break any law:
-Serving alcohol to a minor
-Serving a guest who is or appears to be intoxicated
-Possessing, selling, or allowing the sale of drug on the premises
Consequences include:
-Probation
-Fined
-Jailed
Answer:
The correct answer is $23,600.
Explanation:
According to the scenario, computation of the given data are as follows:
Pretax financial income = $173,000
Taxable income =$118,000
Tax rate = 20%
So, we can calculate the income taxes payable by using following formula:
Income taxes payable = Taxable income × Tax rate
= $118,000 × 20%
= $23,600
Hence, the amount to be reported as income taxes payable at December 31, 2020 is $23,600.
Answer:
False
Explanation:
Net capital outflows is the difference between purchases of foreign assets by US citizens and the purchase of US assets by foreigners.
Net capital outflows = $450 million - $575 million = - 125 million
It implies that foreigners spent more and US citizens spent less, this is a trade surplus.
Trade surplus occurs when exports exceeds import.
Answer:
The correct answer is organization.
Explanation:
The organized concept has a totally individual and independent meaning for each person. Being organized what it really means is that we sort things based on the meaning they have for us. If you have a set of materials stacked in a specific place because you have decided that it makes sense to you and you have concluded that they should be there, you are organized, but if things are in the place where they shouldn't be, you are really disorganized.