Exercise 19-19 crate express co. produces wooden crates used for shipping products by ocean liner. in 2017, crate express incurred the following costs. wood used in crate production $53,000 nails (considered insignificant and a variable expense) $510 direct labor $44,900 utilities for the plant: $1,700 each month, plus $0.50 for each kilowatt-hour used each month rent expense for the plant for the year $24,400 assume crate express used an average 800 kilowatt-hours each month over the past year. (a) what is crate express's total manufacturing cost if it uses a variable costing approach?

Policymakers are provided data about the private and social benefits of a good being sold in the market. quantity private mb ($) social mb ($) 6 6 9 7 4 7 8 2 5 9 0 3 what is the size of the externality? if the externality is positive, enter a positive number. if negative, make it a negative number. $ given this data, policymakers must decide whether to address the associated externality with a subsidy or a tax. as their economic consultant, which of the two policy tools would you recommend? a subsidy a tax

How do communism and socialism differ in terms of the role that government plays in the economy ?

Kendra knight took part in a friendly game of touch football. she had played before and was familiar with football. michael jewett was on her team. in the course of play, michael bumped into kendra and knocked her to the ground. he stepped on her hand, causing injury to a little finger that later required its amputation. she sued michael for damages. he defended on the ground that she had assumed the risk. kendra claimed that assumption of risk could not be raised as a defense because the state legislature had adopted the standard of comparative negligence. what happens if contributory negligence applies? what happens if the defense of comparative negligence applies?