Costs of production that affect people who have no control over how much of a good is produced

Answers

Answer 1

Answer: SPILLOVER COSTS are costs of production that affect people who have no control over how much of a good is produced.

Spillover cost is also known as "negative externalities". This happens when costs of production are not fully reflected on market demand or supply schedules that may result to a loss or damage on a third party involved in a market transaction.

Related Questions

What financial transaction is associated with the home rental process?
How is a line of credit similar to a credit card?a. Interest is charged only on the amount you actually borrow. b. The interest rates are the same. c. They both require co-signers. d. Lenders don't check your credit score.
John qualifies for a high-interest car loan. Making a down payment will what
What is the difference between wacc and marginal cost of capital?
An everyday low pricing strategy stresses the continuity of retail prices ____ (A) at a level above regular retail prices.(B) at a level between the regular price and the deep-discount sale prices of competitors. (C) at a level below the deep-discount sales prices of competitors. based on variable production costs.(D) at a price skimming level.

Brandy has some money saved for college and also receives a work-study position to help pay for her college tuition. If Brandy graduates from college, will she have to pay the work-study compensation back? Why or why not?Select the best answer from the choices provided.
A. She will not have to repay the work-study compensation because that income is not a loan.
B. She will have to repay the work-study compensation if she attended an out-of-state college.
C. She will not have to repay the work-study compensation if her parents paid part of her college expenses.
D. She will have to repay the work-study compensation if she paid part of her college expenses from her savings.

Answers

Brandy has some money saved for college and also receives a work-study position to help pay for her college tuition. If Brandy graduates from college, she will not have to repay the work-study compensation because that income is not a loan.

Thus the answer is letter A.
>>The work-study program caters part-time employment to undergraduates and graduates to help with college expenses. There are two different kinds of work-study: Federal Work-Study and non-Federal Work-Study.

How many free credit reports are you legally entitled to each year

Answers

3 free credit reports

Three from Equifax, Experian and TransUnion

A customer calls to ask how often he should change the oil in a lawn mower engine. After asking the customer for the manufacturer's name and the model number of the lawn mower engine, you check the service manual for the engine. The engine manufacturer recommends that you change the oil after every 50 hours of light- or normal-duty operation, or after every 25 hours of heavy-duty operation. The customer tells you that he is the groundskeeper at a local golf resort. He uses this mower only to trim the greens on the course. He mows the greens 2 times per week; each time, it takes a total of 5 hours to complete the job. The golf course is open 30 weeks out of the year. If you consider the mowing of the golf course to be normal-duty operation, how often should you tell the customer to change the oil in the mower engine? (Hint: You'll need to calculate the total number of hours the groundskeeper uses the mower per year. Assume that it's now the beginning of the 30-week golf resort season.)a. The oil should be changed a total of 2 times during the 30-week season.
b. The oil should be changed a total of 3 times during the 30-week season.
c. The oil should be changed a total of 6 times during the 30-week season.
d. The oil should be changed a total of 10 times during the 30-week season.

Answers

Given:
mows the green 2 times per week; 5 hours total to complete the job.
golf course is open 30 weeks out of the year.

30 weeks * 2 times per week = 60 times
60 times * 5 hours each time = 300 hours total

300 hours / 50 hours of normal duty = 6 times oil change

c.) The oil should be changed a total of 6 times during the 30-week season.

Fizzy is an American firm that manufactures carbonated soft drinks. Fizzy executives want to enter the global market, and they are considering the idea of a joint venture with a beverage company located overseas. After conducting research on different beverage firms, Fizzy executives selected a large beverage manufacturer located in China. Kevin Burns and three other top-level executives at Fizzy have been assigned to the negotiating team. The team has flown to China to negotiate the details of the joint venture. Which of the following best supports Kevin's argument that he should be the primary negotiator?A)Fizzy executives hope to have other business deals with the Chinese firm in the future.B)Fizzy executives want to demonstrate their aggressiveness and present factual appeals.C)Fizzy executives want to ensure compliance with the ringi system at the Chinese firm.D)Fizzy executives are not certain as to who has decision-making authority at the Chinese firm.

Answers

Answer:

A. Fizzy executives hope to have other business deals with the Chinese firm in the future.

Explanation:

In the scenario it is observed that the names of the other three top-level executives are not mentioned, this shows the importance of Kevin's role in the company. To a great extent, Kevin could be considered as the head of the team negotiating in China.

It is also possible to establish the fact that the business deal to be negotiated with the Chinese firm is not the only business to be handled by the firm but rather an open door to other business deals with the firm in the future.

Kevin who is the team lead is expected to be the primary negotiator for his role among the top-level executives in Fizzy.

Nesta is making a scatterplot of the digit spans (how many numbers you can remember and repeat back) for his psychology class, with the spans for digits the students hear on one axis and the span for digits the students read on the other. The association is strong, but he notices that one student has a visual digit span that is twice as long as anyone else. What statistical validity question is he raising?Is the correlation statistically significant?

Is there a restriction of range?

Is the relationship curvilinear?

Could outliers be affecting the relationship?

Answers

Answer:

Could outliers be affecting the relationship?

Explanation:

In most practical circumstances an influence outlier decreases the value of a correlation coefficient and weakens the regression relationship, but it's also possible that in some circumstances an outlier may increase a correlation value and improve regression.

Notice that in the scenario it is mentioned that ''he notices that one student has a visual digit span that is twice as long as anyone else.'' , this will raise the question as to ''what is increasing the value of the correlation coefficient (the span) between the 'digits the students hear' AND 'the digits the student read'

why does depreciation and amortization affect a firm's cash balance on the balance sheet if it is a non-cash expense?

Answers

Answer:

When you are preparing a statement of cash flows, you start with operating income. Operating income is basically net income + adjustments. The adjustments that always increase the cash flows are depreciation expense and amortization expense. Even though they are not actual cash expenses, they reduce taxable income and therefore, total taxes paid.

Other Questions

If a healthcare organization segments and differentiates its products and services across several customer group marketing strategies, does this represent: A) Undifferentiated marketing B) Mass marketing C) Concentrated marketing D) Differentiated marketing

The lower-of-cost-or-market rule requires a company to ________.

____ is the process of choosing a solution from available alternatives. Decision making Problem identification Heuristics Multivariable selection Problem solving

Consider a perfectly competitive market described by the supply function P = 20 + 0.1Q and demand function P = 80 - 0.3Q. If the market is in equilibrium, then an individual firms total revenue (TR), average revenue (AR) and marginal revenue (MR) functions are: