Business, 02.07.2021 16:30 linreaburg
Scenario 10-1 The demand curve for gasoline slopes downward and the supply curve for gasoline slopes upward. The production of the 1,000th gallon of gasoline entails the following: a private cost of $3.10 a social cost of $3.55 a value to consumers of $3.70 Refer to Scenario 10-1. From the given information, it is apparent that a. the production of gasoline involves a negative externality, so the market will produce a smaller quantity of gasoline than is socially desirable. b. the production of gasoline involves a positive externality, so the market will produce a smaller quantity of gasoline than is socially desirable. c. the production of gasoline involves a positive externality, so the market will produce a larger quantity of gasoline than is socially desirable. d. the production of gasoline involves a negative externality, so the market will produce a larger quantity of gasoline than is socially desirable.
Answers: 3
Business, 21.06.2019 21:00
Sheldon has the following year-end account balances: accounts receivable, $5,000; supplies, $12,000; equipment, $18,000; accounts payable, $17,000; stockholders’ equity, $43,000. the cash account balance was not available at year-end. given the account balances listed, the balance in the cash account should be?
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Business, 22.06.2019 05:00
Which of the following are considered needs? check all that apply
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Business, 22.06.2019 11:00
Abank provides its customers mobile applications that significantly simplify traditional banking activities. for example, a customer can use a smartphone to take a picture of a check and electronically deposit into an account. this unique service demonstrates the bank’s desire to practice which one of porter’s strategies?
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Business, 22.06.2019 13:40
Computing equivalent units is especially important for: (a) goods that take a relatively short time to produce, such as plastic bottles. (b) goods with sustainability implications in their production processes. (c) goods that are started and completed during the same period. (d) goods that take a long time to produce, such as airplanes.
Answers: 2
Scenario 10-1 The demand curve for gasoline slopes downward and the supply curve for gasoline slopes...
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