Which of the following statements are true regarding externalities? (Check all that apply.) A. Deadweight loss can be either a foregone benefit or the total cost of the externality to society. B. In the case of an externality, the free market will maximize social surplus. C. For computing efficient outcomes, economic agents adjust the demand curve to account for negative externalities. D. A negative externality occurs when an economic activity has a spillover cost to a bystander.
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Business, 21.06.2019 20:00
When an interest-bearing note comes due and is uncollectible, the journal entry includes debiting
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Business, 21.06.2019 21:30
1. gar principles or "the principles"are intended to do what?
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Business, 21.06.2019 22:20
On january 1, jackson, inc.'s work-process inventory account showed a balance of $ 66,500. during the year, materials requisitioned for use in production amounted to $ 70,500, of which $ 67,700 represented direct materials. factory wages for the period were $ 210,000 of which $ 187,000 were for direct labor. manufacturing overhead is allocated on the basis of 60% of direct labor cost. actual overhead was $ 116,050. jobs costing $ 353,060 were completed during the year. the december 31 balance in work-process inventory is
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Business, 22.06.2019 10:30
Which maxim is being neglected in the following conversation? eli: how did you do at the track meet? caleb: i came in second place! eli: congratulations! what was your time? caleb: six minutes, four seconds. the guy who won only beat me by three seconds. eli: really? katie said the winning time was under 6 minutes. caleb: oh, well, he might have beat me by five seconds. a)maxim of quantity b)maxim of quality c)maxim of relevance d)maxim of manner
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Which of the following statements are true regarding externalities? (Check all that apply.) A. De...
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Mathematics, 11.11.2020 17:50