For free ridership to happen, the good or service must be a. rivalrous b. nonexcludable c. a private good or service
Answers
For free ridership to happen, the good or service must be non-excludable. Rivalrous goods or services and private goods do not typically lead to free ridership. So, the correct answer is option b.
Non-excludable goods or services are those which cannot be restricted to only the people who pay for them, allowing individuals to benefit without contributing. This creates an incentive for individuals to become free riders, as they can access the good or service without paying, while others bear the cost. Examples of nonexcludable goods include public parks, street lighting, and national defense.
Rivalrous goods or services on the other hand, are those where one person's consumption reduces the availability for others, making free ridership less likely. Similarly, private goods are those that are both rivalrous and excludable, meaning they can be restricted to those who pay for them and one person's consumption reduces availability for others. These characteristics make free ridership unlikely in the case of private goods or services.
In summary, free ridership occurs when a good or service is non-excludable, allowing individuals to benefit without paying, while others bear the cost. Rivalrous goods or services and private goods do not generally lead to free ridership due to their excludable and limited nature.
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Related Questions
9. Suppose the principal of a public school re-
quired all students to recite a prayer at the start
of each school day. What level of government
(federal, state, or local) would most likely deter-
mine whether or not the principal's action was
constitutional?
Answers
Answer: Federal government
Explanation:
Based on the scenario in the question, the federal government would most likely determine whether or not the principal's action was constitutional.
This is a national issue and shouldn't be left in the hands of the local or state government. It should be noted that in 1962, school sponsored prayer in the public schools was banned by the United States Supreme Court, on the basis that the First Amendment was being violated.
The court later ruled that students can meet and then pray on their respective school grounds so far it's done privately and no one is forced.
Hence, the federal government would most likely determine whether or not the principal's action was constitutional.
A personal career profile form can be used to match what you know about yourself to what you know about different careers. TRUE or FALSE.
Answers
Answer:
True
Explanation:
If you look you can understand that personal helps you know yourself.
Answer:
trueeee
Explanation:
on edge
An it company wants to run a log backup process every monday at 2 am. The usual runtime of the process is 5 minutes. As a cloud practitioner, which aws services would you recommend to build a serverless solution for this use-case? (select two).
Answers
As a cloud expert, Cloudwatch and Lambda are the AWS services I would suggest using to create a serverless solution for this use case.
By "cloud practitioner," what do you mean?A technical expert who is proficient in cloud computing and has a solid understanding of AWS is known as an Amazon Web Services (AWS) certified cloud practitioner and is capable of supporting cloud operations in a variety of verticals and sectors.A fundamental understanding of AWS Cloud principles, services, and terminology is provided by the AWS Certified Cloud Practitioner certification. For people in non-technical roles who have no prior IT or cloud expertise or for those with on-premises IT experience looking for basic AWS Cloud fluency, this is a fantastic place to start.
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As businesses grow and professional management develops, there is a shift toward what form of decision making? a. authoritarian decision making b. decentralized management decision making c. hit-or-miss decision making d. tentative decision making
Answers
As businesses grow and professional management develops, there is a shift toward decentralized management decision-making. The correct option is B
Decentralization of decision-making is when a business allows lower-level employees to make decisions without the need for approval from higher-ups, as long as they follow the company's policies and procedures. Decentralization is often more efficient because decisions can be made more quickly, and employees feel more empowered.
This allows for more timely decisions to be made which help to keep the business moving at a faster pace. In decentralized decision-making, the lower-level managers have the authority to make decisions that affect their areas of responsibility.
They are given the responsibility of making the decisions, and they are held accountable for their results. This way, they can make decisions that are in the best interests of their departments and the organization as a whole, rather than having to wait for approval from senior management.
Decentralized management decision-making also gives employees a sense of ownership and pride in their work. When employees feel that their opinions are valued and that they have a say in how things are done, they are more likely to be engaged and motivated. This results in increased productivity and job satisfaction.
In conclusion, as businesses grow and professional management develops, there is a shift toward decentralized management decision-making, which has many benefits for both the organization and its employees.
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Suppose that you are in the fall of your senior year and are faced with the choice of either getting a job when you graduate or going to law school. Of course, your choice is not purely financial. However, to make an informed decision you would like to know the financial implications of the two alternatives. Let's assume that your alternatives are as follows: If you take the "get a job" route you expect to start off with a salary of $40,000 per year. There is no way to predict what will happen in the future, your best guess is that your salary will grow at 4 percent per year until you retire in 43 years. As a law student, you will be paying $30,000 per year tuition for each of the 3 years you are in graduate school. However, you can then expect a job with a starting salary of $80,000 per year. Moreover, you expect your salary to grow by 9 percent per year until you retire 37 years later. Clearly, your total expected lifetime salary will be higher if you become a lawyer. However, the additional future salary is not free. You will be paying $30,000 in tuition at the beginning of each of the 3 years of law school. In addition, you will be giving up a little more than $124,000 in lost income over the three years of law school: $40,000 the first year, $41,600 the second year, and $43,264 the third year. a. To start your analysis of whether to go to law school, calculate the present value of the future earnings that you will realize by going directly to work, assume a discount rate of 6 percent. b. What is the present value today of your future earnings if you decide to attend law school, assuming a discount rate of 6 percent? Remember that you will be in law school for 3 years before you start to work as a lawyer. (Hint: assume that you are paid at the end of each year so that your first salary payment if you decide to go to law school occurs 4 years from now.) c. If you pay your law school tuition at the beginning of each year, what is the present value of your tuition, assuming a discount rate of 6 percent?
Answers
The present value of your future earnings if you choose to get a job directly is approximately $729,250.11.
a. To calculate the present value of the future earnings if you go directly to work, we need to determine the total expected lifetime salary and then discount it back to the present value using a discount rate of 6 percent.
Starting salary: $40,000
Annual salary growth rate: 4%
Years until retirement: 43
Using the formula for the present value of a growing annuity:
PV = C / (r - g) * (1 - (1 + g / (1 + r))^(-n))
Where:
PV = Present value
C = Cash flow (salary in this case)
r = Discount rate
g = Growth rate
n = Number of periods
Plugging in the values:
PV = $40,000 / (0.06 - 0.04) * (1 - (1 + 0.04 / (1 + 0.06))^(-43))
Calculating the present value using a financial calculator or spreadsheet, we find:
PV ≈ $729,250.11
Therefore, the present value of your future earnings if you choose to get a job directly is approximately $729,250.11.
b. To calculate the present value of your future earnings if you attend law school, we need to consider the tuition payments and the delayed start of earning for 3 years.
Starting salary as a lawyer: $80,000
Annual salary growth rate as a lawyer: 9%
Years until retirement as a lawyer: 37
Tuition payment per year: $30,000
Years in law school: 3
Using the same present value formula, but accounting for the delayed start of earnings:
PV = (C * (1 - (1 + g / (1 + r))^(-n))) / (r - g) - tuition payments
Plugging in the values:
PV = ($80,000 * (1 - (1 + 0.09 / (1 + 0.06))^(-37))) / (0.06 - 0.09) - ($30,000 + $30,000 + $30,000)
Calculating the present value:
PV ≈ $812,032.24
Therefore, the present value of your future earnings if you attend law school is approximately $812,032.24.
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if the price a consumer pays for a product is equal to a consumer's willingness to pay, then the consumer surplus relevant to the purchase is: group of answer choices positive and the consumer would purchase the product negative and the consumer would not purchase the product not enough information zero
Answers
If the price a consumer pays for a product is equal to a consumer's willingness to pay, then the consumer surplus relevant to the purchase is zero.
Consumer surplus is the difference between the price a consumer is willing to pay for a product and the actual price they pay. If the actual price is equal to the consumer's willingness to pay, then there is no difference and therefore no consumer surplus. Consumer surplus occurs when a consumer is willing to pay more for a product than the actual price they have to pay. If the price is equal to the consumer's willingness to pay, there is no difference between the two amounts, and thus, there is no consumer surplus.
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An investor wants to invest $20,000 but anticipates needing those funds in five years for a business investment. Currently, with inflation rising, the government is expected to take action to push interest rates up to reduce the money supply. Given these conditions, which of the following securities would be the least suitable for this investor who needs a specific amount of money in five years?
a. Zero-coupon bond maturing in 4 years
b. U.S. Treasury bonds maturing in 6 years
c. Corporate bonds maturing in 5 years
d. Zero-tranche CMO with estimated 5 years life
Answers
Answer:
D. Zero-tranche CMO with estimated 5 years life
Explanation:
Terophone charge is debit or credit
Answers
Answer:
credit
Explanation:
How does an increase in the minimum wage affect the economy?
Thank you
Answers
Trigger price inflation, hurt exports, and reduce the level of employment.
Wages that are too low, by contrast, constrain domestic household consumption.
when does texas receive its highest level of insolation
Answers
Texas receives its highest level of insolation during the summer months, particularly in June and July. Insolation, or incoming solar radiation, is the amount of sunlight that reaches the Earth's surface.
It is determined by the angle of the sun, the Earth's axial tilt, and atmospheric conditions. During summer in Texas, the sun is at a higher angle in the sky, which allows for more direct sunlight and a higher intensity of insolation.
Additionally, longer daylight hours in summer months contribute to increased insolation. The combination of these factors leads to Texas experiencing its highest levels of insolation during the summer season, with June and July being the peak months for solar radiation.
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what are some costs and benefits to rbc of withholding profitability, potential and segment information from front line employees?
Answers
The costs are Limited employee engagement , Inefficient decision-making Missed opportunities.While benefits are Improved data security, Better control over messaging and Reduced risk of competitive intelligence gathering.
Costs:
Limited employee engagement: When front-line employees are not aware of the profitability, potential, and segment information, they may not feel as invested in the company's success, and may not be motivated to go above and beyond their job duties.
Inefficient decision-making: Front-line employees may make decisions that are not aligned with the company's goals or strategy if they are not aware of profitability, potential, and segment information. This can result in inefficiencies and waste.
Missed opportunities: Without knowledge of profitability, potential, and segment information, front-line employees may miss opportunities to upsell or cross-sell products or services to customers, resulting in lost revenue.
Benefits:
Improved data security: By limiting access to sensitive information, the risk of data breaches or leaks is reduced.
Better control over messaging: By keeping certain information confidential, the company can better control how it is communicated and ensure that it is presented in a clear and consistent manner.
Reduced risk of competitive intelligence gathering: By limiting access to certain information, the risk of competitors obtaining proprietary information is reduced.
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Jonathan wants to buy a new motorbike and visits a dealer. After negotiating with the dealer for a while, Jonathan tells the dealer that he will buy the bike only if he gets free insurance for it. From this scenario, it can said that Jonathan has:
a. Planned his best alternative to a negotiated agreement
b. Set an opening objective offer
c. Set a target objective
d. Set a specific limit objective
Answers
From the given scenario, it can be said that Jonathan has set a specific limit objective during his negotiation with the dealer. A specific limit objective is the lowest acceptable outcome in a negotiation that a person is willing to accept. Option D
Jonathan's statement that he will only buy the motorbike if he gets free insurance indicates that he has set a specific limit on his negotiation. He has clearly defined the condition that he requires for the negotiation to be successful.
In contrast, a target objective is the desired outcome that a person hopes to achieve in a negotiation, while an opening objective offer is the initial offer presented during a negotiation. Planning the best alternative to a negotiated agreement is the process of identifying the best course of action to take if negotiations fail to reach an acceptable outcome.
In this scenario, Jonathan has not mentioned any desired outcome or an initial offer. Instead, he has set a clear condition that the dealer needs to meet for him to agree to the purchase, indicating a specific limit objective.
Option D
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The sales interns of Nortrom Inc., an electronics company, call the company's potential clients and inform them about the company's various products and offers. In this scenario, the sales interns of Nortrom Inc. are engaged in _____.
Answers
Answer:
whys it taking so long to load bro
Explanation:
Help ASAP!!!! most possible answer
Answers
Answer:
The administration prosses a public and and AVAILIBLE TO ANYONE to review.
Explanation:
That is the most open administration because its available to anyone-(the public).
Epsilon currently pays $78 per unit to buy a part for a product it sells. Epsilon has excess capacity, and estimates that making the part would incur variable costs of $8 for direct materials and $42 for direct labor. Epsilon's normal predetermined overhead rate is 150% of direct labor cost, but management computes an incremental overhead rate of $16. 80 per unit to make this part. Epsilon should choose to:
Answers
In this scenario, Epsilon is faced with a decision of whether to continue purchasing the part for their product at $78 per unit or to start making the part in-house, which would incur variable costs of $50 ($8 for direct materials and $42 for direct labor) per unit, plus an incremental overhead rate of $16.80 per unit.
To make an informed decision, Epsilon should consider the total cost of each option. If Epsilon continues to purchase the part at $78 per unit, they would not incur any additional variable or overhead costs. However, if Epsilon decides to make the part in-house, they would incur variable costs of $50 per unit and an incremental overhead rate of $16.80 per unit, bringing the total cost per unit to $66.80.
Since $66.80 is less than $78, it may seem like making the part in-house is the better option. However, Epsilon should also consider their excess capacity. If Epsilon's production facilities are already at full capacity, they may not be able to produce the part in-house without sacrificing the production of other products. In this case, purchasing the part at $78 per unit may be the better option.
Therefore, Epsilon should choose to make the part in-house only if they have excess capacity and can produce the part without sacrificing the production of other products. If their production facilities are already at full capacity, they should continue to purchase the part at $78 per unit.
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For long term success, what type(s) of motivation is/are necessary?
a. intrinsic
b. extrinsic
c. mostly extrinsic
d. intrinsic and extrinsic
Answers
write a sample audit question from the following process
criteria purchasing process (procedure 3.2) states: "all purchases
must be made from an approved supplier"
Answers
1. Is there a list of approved suppliers available for reference during the purchasing process?
2. Have any purchases been made from a non-approved supplier? If so, what was the justification for doing so?
3. Is there a process in place for updating the list of approved suppliers?
4. Are there formal reviews for assessing supplier performance?
the commercial security division is currently purchasing 6,000 of these detectors per year from an overseas supplier at a cost of $91 per detector. assume that the detector division is selling all of the detectors it can produce to outside customers. what should be the minimum acceptable transfer price for the detectors from the standpoint of the detector division?
Answers
The minimum acceptable price by detector division to sell detectors to Commercial security division is $98 per detector. Second option is correct.
A minimum price establishes the lowest amount at which a good or service may be offered legally.
A forward contract known as a minimum price guaranteeing the seller a minimum price at delivery. Commodity producers are shielded from market price swings by this type of arrangement. Contracts with minimum prices are frequently used in agricultural operations, such as the sale of grain.
Given,
Selling price = $98
Variable Cost per detector = $32
Calculate contribution margin per detector:
Contribution margin per detector from out side customers = selling price - variable cost per detector
= $98 - $32
= $66 per detector
Given,
Variable cost per detector = $32
Contribution margin per detector = $66
Calculate minimum acceptable price:
Minimum acceptable price = variable cost per detector + contribution margin per detector
= $32 + $66
= $98 per detector
Thus, second option is correct.
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The above question is incomplete, probable the complete question has been given below:
Fingado Products, Incorporated, has a Detector Division that manufactures and sells a number of products, including a standard detector that could be used by another division in the company, the Commercial Security Division, in one of its products. Data concerning that detector appear below: Capacity in units Selling price to outside customers Variable cost per unit Fixed cost per unit (based on capacity) 87,000 $ 98 $ 32 $ 51 The Commercial Security Division is currently purchasing 6,000 of these detectors per year from an overseas supplier at a cost of $91 per detector. Assume that the Detector Division is selling all of the detectors it can produce to outside customers. What should be the minimum acceptable transfer price for the detectors from the standpoint of the Detector Division? Multiple Choice O $32 per unit $98 per unit O $91 per unit O $83 per unit
The best description of cash inflow is money
A. received from different sources, such as salary and interest earned on bank accounts.
B. spent for items that must be included in a budget, such as rent and utilities.
C. invested in financial products, such as stocks and bonds.
D. left after paying for items included in a financial plan.
Answers
Answer:
A, received from different sources, such as salary and interest earned on bank accounts.
The best description of cash inflow is money received from different sources, such as salary and interest earned on bank accounts.
I hope this helped at all.
Which factors can affect a stock's price? Check all that apply.
market performance
the company's financial health
the quantity products produced
location of the company
the economy
Answers
Answer:
market performance
the company's financial health
the economy
Explanation:
Stocks or shares represent small units of ownership in a business. The stocks of a public limited company are traded in the stock exchange markets. Investors trading shares are guided by the potential to make profits in deciding what shares to buy.
Share that shows signs of good returns attract many buyers. Investors will focus on a company's financial health as presented in financial statements, the overall state of the economy, and the general market performance to evaluate profits potential. If the conditions are favorable, a stock price will always be rising and present opportunities for profits.
Answer:
1, 2, 5
Explanation:
Legal authorization by a brand owner to allow another company to "rent" its brand name for a fee is called
Answers
Answer:
The appropriate answer is "License agreement".
Explanation:
A written agreement only between various firms where a property owner allows perhaps another entity throughout accordance with a certain set of requirements called a license agreement.In so far as it has jurisdiction, the consequence including its license is to terminate or ease the ruling of conflict. It should be the presumption that perhaps the license should be a province of security.Opportunity Costs Are The Additional Or Incremental Revenues Generated By Selecting A Certain Course Of Action. True or false?
Answers
False. Opportunity costs refer to the potential benefits or values that are forgone or sacrificed when choosing one course of action over another. It is not about additional or incremental revenues generated by selecting a certain course of action. Instead, opportunity costs represent the value of the next best alternative that is foregone when a decision is made.
In simpler terms, when making a choice, the opportunity cost is the value of what you could have gained from the next best alternative that you did not choose. It could be in terms of money, time, resources, or any other relevant factors. By considering opportunity costs, decision-makers can weigh the benefits and drawbacks of different options and make more informed choices.
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Which of the following does not pertain to accounting for asset retirement obligations?
A.
They accrete (increase over time) at the company's credit-adjusted risk-free rate.
B.
They must be recognized according to GAAP.
C.
Statement of Financial Accounting Concepts No. 7 is applied when adjusting cash flow obligations for uncertainty.
D.
All of these answer choices pertain to accounting for asset retirement obligations.
Answers
The correct answer is D. All of these answer choices pertain to accounting for asset retirement obligations.
Let's examine each statement to understand why it is relevant to accounting for asset retirement obligations:
A. Asset retirement obligations accrete (increase over time) at the company's credit-adjusted risk-free rate. This is because over time, the present value of the expected retirement costs increases as the obligation is closer to being settled. Accretion expense is recognized over the life of the asset to reflect this increase.
B. Asset retirement obligations must be recognized according to GAAP (Generally Accepted Accounting Principles). GAAP provides guidelines on how to account for various transactions and events, including asset retirement obligations. Compliance with GAAP ensures consistency and comparability in financial reporting.
C. Statement of Financial Accounting Concepts No. 7 (SFAC No. 7) is indeed applied when adjusting cash flow obligations for uncertainty. SFAC No. 7 provides guidance on how to incorporate uncertainty and risk into financial reporting. When estimating the cash flow obligations related to asset retirement, uncertainty factors are considered, and adjustments are made to account for the associated risks.
Therefore, all of the provided answer choices (A, B, and C) pertain to accounting for asset retirement obligations, making option D the correct answer.
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Which of the following should employers prevent in order to ensure the safety and health of workers in regards to machine guarding?
A) Providing employees with safe tools and equipment
B) Providing employees with personal protective equipment
C) Allowing workers to use a machine without training
D) Ensuring employees are trained in hazard recognition
———————————————
Which of the following types of machine guard is generally preferred because of its simplicity and durability?
A) Interlocked
B) Fixed
C) Self-adjusting
D) Adjustable
Answers
Answer:
1st C 2nd one B
Explanation:
Answer:
1.) C 2.) B
Explanation:
What the possible careers in Law
Answers
Answer:
Types of Law Careers. Banking and Insurance: Administrative Law Officer, Specialist Law Office. Public Prosecutor. State-Level or Local-Level Judge.
PLEASE MARK ME BRAINLIEST.during march, zea incorporated transferred $59,000 from work in process to finished goods and recorded a cost of goods sold of $65,000. the journal entries to record these transactions would include a
Answers
During March, Zea Incorporated transferred $59,000 worth of inventory from work in process to finished goods and recorded a cost of goods sold of $65,000. To record these transactions, the company would make the following journal entries:
Debit work in process for $59,000 and credit finished goods for $59,000: This entry records the transfer of the inventory from work in process to finished goods.Debit cost of goods sold for $65,000 and credit finished goods for $65,000: This entry records the cost of goods sold for the period.These entries are important for accurately tracking the movement of inventory and the associated costs. By recording these transactions, the company is able to determine the cost of goods sold, which is a key component in determining the company's gross profit. These journal entries ensure that the company's financial statements accurately reflect the company's operations and financial position.
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demand is ___ when the price change results in a relatively larger change in the quantity demanded
Answers
Answer:
Demand is elastic when the price change results in a relatively larger change in the quantity demanded :3
Explanation:
:3
K.Eckart had considered doing some advertising for her business costing $2500. She decided not to because in her type of industry, revenue increases resulting from advertising take a year to develop. If K.Eckart had, indeed, spent the money for advert what would have been her post closing capital account balance at the end of 2012?
Revenue account- $46,500
Expenses: Rent- $13,000
Salaries- $29,000
Utilities- $1,200
Depreciation- Equipment- $240
Professional fees- $1,100
The owner K.Eckart had a previous balance in the capital account of $23,500 and she withdrew $4,400 over the year from the business
Answers
If K.Eckart had spent the money for advertising, her post-closing capital account balance at the end of 2012 would have been $18,560.
K.Eckart's post-closing capital account balance at the end of 2012 if she had spent the $2,500 for advertising can be calculated as follows.
1. Calculate the total expenses including advertising:
Rent: $13,000
Salaries: $29,000
Utilities: $1,200
Depreciation - Equipment: $240
Professional fees: $1,100
Advertising: $2,500
Total expenses: $47,040
2. Calculate the net income:
Revenue account: $46,500
Total expenses: $47,040
Net income: $46,500 - $47,040 = -$540
3. Calculate the post-closing capital account balance:
Previous capital account balance: $23,500
Net income: -$540
Owner withdrawals: $4,400
Post-closing capital account balance: $23,500 - $540 - $4,400 = $18,560
K.Eckart post-closing capital account balance would have been $18,560.
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Economist Mancur Olson concluded that groups
a. exercise too much power in the American system.
b. increase the flexibility of government.
c. can have their benefits reduced by concerted political opposition.
d. are shown to have too much power when examined individually.
e. help the government break away from long-term or previous commitments and apply funding to new problems or issues.
Answers
The answer is C. According to Mankur Olson's theory of collective action, groups can have their benefits reduced by concerted political opposition.
Olson argued that while individuals have an incentive to free ride on the efforts of others in a group, small and concentrated interest groups are more effective at organizing and lobbying for their interests than larger, diffuse groups. As a result, these smaller groups may be able to gain benefits at the expense of the larger group or society as a whole. However, if there is sufficient opposition to the group's agenda, their ability to secure these benefits may be limited.
Option A is incorrect because Olson's theory does not suggest that groups exercise too much power in the American system. Option B and E are also incorrect because Olson's theory does not focus on the flexibility of government or its ability to allocate funding to new problems. Option D is incorrect because Olson's theory does not suggest that groups have too much power when examined individually, but rather that smaller, more organized groups may be more effective at securing their interests.
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10. What is the biggest difference between project management and the sales management job?
Answers
The biggest difference between project management and sales management lies in their respective focuses and objectives. Here are the key distinctions between the two roles: focus and scope, timeframe and continuity and deliverables.
Focus and Scope:Project Management: Project management is primarily concerned with the planning, execution, and successful completion of specific projects. It involves overseeing the project's scope, timeline, budget, resources, and deliverables.
Sales Management: Sales management, on the other hand, focuses on managing and leading a sales team to achieve specific sales targets and revenue goals.
Timeframe and Continuity:Project Management: Project management is temporary and finite in nature. Projects have defined start and end dates, and once the project is completed, the project team disbands, and the project manager moves on to the next project.
Sales Management: Sales management is an ongoing and continuous process. Sales teams work on an ongoing basis to generate revenue and meet sales targets.
Deliverables:Project Management: In project management, the primary deliverable is the successful completion of the project's objectives and deliverables within the defined constraints of time, cost, and quality.
Sales Management: In sales management, the primary deliverable is achieving sales targets and generating revenue.
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