How is the concept of externalities related to the Tragedy of the Commons? Provide an example and brief discussion.
Answers
The concept of externalities is closely related to the Tragedy of the Commons because both deal with the idea that actions taken by one individual or group can have unintended consequences on others in the community. Externalities refer to the costs or benefits of a decision or action that are not borne by the decision-maker, but instead are shifted to others in the community. This can lead to market failures where the true costs of production or consumption are not reflected in the market price.
The Tragedy of the Commons refers to a situation where a common resource, such as a pasture or fishing ground, is overused and degraded because individuals act in their own self-interest rather than in the interest of the community. Each person has an incentive to use as much of the resource as possible, but this leads to overuse and depletion of the resource, which harms everyone in the community.
An example of the relationship between externalities and the Tragedy of the Commons is pollution. If a factory emits pollution into the air or water, this creates a negative externality that harms other individuals and the environment. However, the factory may not bear the full costs of this pollution, as it is often difficult to measure and quantify the damage caused. This creates an incentive for the factory to continue polluting, even if it harms others in the community. Over time, this can lead to a Tragedy of the Commons situation where the environment is degraded and everyone suffers the consequences.
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Related Questions
predict the product, if any, of reaction between methyl propanoate and li(ph)2cu in ether.
Answers
Predict the product,if any, of the reaction between propanoyl chloride and the following reactants (a) Li(Ph)2Cu in ether propanoate metnus. PROPANAMIDE.
The reaction product is 1-propanol both reduction reaction products are shown below.Carbon atoms are numbered for clarity.Lithium aluminum hydride is a strong reducing agent. It will reduce esters to alcohols. Sodium borohydride is milder compared to lithium aluminum hydride and will not reduce esters. When dehydration is carried out, an ether will be formed. This reaction,if precipitation is expected, write a balanced net ionic equation for the reaction of potassium sulfate and barium nitrate.
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Question 6 of 10
Which of the following speeds will produce lowest miles per gallon?
A. 75 mph
B. 45 mph
C. 85 mph
D. 55 mph
Answers
Is there anyway to make money as a teen (Online), I am 14.
Answers
mr.marlon pays minimum wage to the cashiers in his store. if minimum wage is $7.25 per hour, how much does a cashier make who works 80 hours per week
Answers
Answer:
580
hour × rate
80 × 7.25
Which one of the following is an example of a procurement?
Answers
Answer:
Using a JIT stock control system
Explanation:
Procurement refers to the process of buying goods and services for an organization. It involves engaging many suppliers and identifying the most suitable ones. Procurement is the process of acquiring quality goods and services for a company in the most cost-efficient manner.
Just in time (JIT) is a strategy that aligns procurement with the production schedule. In the JIT strategy, materials are procured and delivered only when required for production.
I need some help on this question!
Answers
Answer:
1280
Explanation:
After subtracting his expenses, the answer is 1280, meaning he has 1280$ left over.
3.
What is the importance of trade?
Answers
Timberly Construction makes a lump-sum purchase of several assets on January 1 at a total cash price of $810,000. The estimated market values of the purchased assets are building. $522,050; land, $265,950; land improvements, $39,400.
and four vehicles, $157,600.
Required:
1-8. Allocate the lump-sum purchase prico to the separate assets purchased
1-b. Prepare the journal entry to record the purchase.
2. Compute the first year depreciation expense on the building using the straight-line method, assuming a 15-year life and a $30.000
salvage value. 3. Comoute the first-year depreciation expense on the land improvements assuming a five-year life and double-declining balance
depreciation.
Answers
The allocation of lump-sum purchase price to the separate assets is: Building = $522,050 / $758,000
* $810,000 = $558,268
Land = $265,950 / $758,000
* $810,000 = $284,232
Land Improvements = $39,400 / $758,000
* $810,000 = $42,500
Vehicles = $157,600 / $758,000
* $810,000 = $168,0002. The journal entry for the purchase will be: Debit Building: $558,268 Debit Land: $284,232 Debit Land Improvements: $42,500 Debit Vehicles: $168,000 Credit Cash: $810,0003.
First-year depreciation expense on the building using the straight-line method is:$33,482 per year.4. First-year depreciation expense on the land improvements assuming a five-year life and double-declining balance depreciation is:$15,760.
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25 point multiple choice
Ava works in a college admissions office. She is involved in reading applications and matching students to the criteria set out by the school for acceptance. If Ava decides that the student qualifies to attend the college, she notifies them. Which pathway in the Education and Training Cluster does Ava’s career fall into?
A. Teaching and Training B. Administration and Administrative C. Professional Support Services D. Science & Mathematics
Answers
It will be Option C, " Professional support and Services ".
Proof:-
• She is only reading applications that might be related to complaints or admissions, So , Option A and D is incorrect.
• She is not in the field of anything related to teaching, therefore, Option B is also incorrect.
Now Option C is only remaining. Therefore, Option C is your answer.
Hope it helps you...
(Answered by Benjemin)
Insurance that protects a company from losses caused by employee dishonesty is provided by a(n)_____bond.
Answers
'Insurance that protects a company from losses caused by employee dishonesty is provided by a fidelity bond.
Fidelity is defined as a faithful or faithful or exact copy. When an employee is unconditionally loyal to the company, it is an example of loyalty. When a man and a woman are faithful to each other and do not have extramarital sex, this is an example of fidelity.
Common synonyms for fidelity include fidelity, devotion, loyalty, loyalty, and piety. All these words mean "loyalty to something bound by a promise or obligation," but loyalty implies strict and enduring loyalty to a duty, trust, or duty.
Honesty is important in any relationship. This is an indicator of the value and trust both partners place in the relationship. Loyalty; although it can mean different things to different people.
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Three roads lead into a stadium's parking areas. Each road has four lanes (two in each direction) with a capacity of 1,000 vehicles/lane/hour. If 10,000 vehicles are expected for a game, how long will it take for all of them to enter the parking areas?
Answers
Answer:
Option A
Explanation:
The complete question is
Three roads lead into a stadium's parking areas. Each road has four lanes (two in each direction) with a capacity of 1,000 vehicles/lane/hour. If 10,000 vehicles are expected for a game, how long will it take for all of them to enter the parking areas?
a) 2 hours
b) 1 hour
c) 1 hour and 40 minutes
d) 90 minutes
Solution
There are four lanes.
Capacity of one lane is equal to 1,000 vehicles/lane/hour.
Let us say that each lane will provide access to equal number of vehicles
Thus, each lane will allow 10,000/4 = 2500 vehicles per hour
Time taken by 2500 vehicles on road to reach parking is equal to 2.5 hours.
The nearest answer to this option A i.e two hours
Payments made to low and middle level officials so that they will more efficiently perform functions that are ordinarily part of their job, such as processing a government permit
a) are illegal according to the FCPA
b) are called bribes
c) should never be permitted
d) are called grease payments
e) involve none of these
Answers
The answer is d) are called grease payments.
Payments made to low and middle-level officials to expedite or facilitate routine functions, such as processing a government permit, are commonly referred to as "grease payments." Grease payments are distinct from bribes, as they are intended to speed up or ensure the performance of routine administrative tasks rather than influencing or obtaining improper advantages. While they may be considered unethical in some contexts, they are not illegal according to the Foreign Corrupt Practices Act (FCPA) under certain conditions. The FCPA prohibits bribery and corrupt practices in international business transactions, but it does provide limited exceptions for grease payments made to expedite routine government actions. However, it is essential to note that laws and regulations may vary across countries, and what is acceptable in one jurisdiction may be illegal in another.
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Celebrities can appeal to ethos when they promote products that
A. are related to their field.
B. people want to buy.
C. might help people.
D. are not well known.
Answers
Answer:
B because what celebrity won't they love money
Answer:
B
Explanation:
BEcause celebs
Melissa plans to become a nurse. What would be a good extracurricular activity for Melissa during high school? O A. O B. O C. O D. joining the cheerleading squad taking charcoal drawing lessons participating in gymnastics volunteering at a health clinic after school
Answers
Answer:
Volunteering at a health clinic after school
Explanation:
If Melissa plans on becoming a nurse, she should look for extracurriculars which could help support her in her future years. Volunteering at a health clinic could provide her with hands on experience opposed to cheerleading or charcoal drawing which are good for hobbies and fun activities. But if Melissa really has a passion to become a nurse she should look for extracurriculars which not only interest her but may be of benefit to her.
Conducting a search of the store is part of store closing duties. Why?
Answers
1. Everything is in place
If things are not in place in a store, things would be very messy when opening the store the next day. Conducting a search of the store to see if everything is in place also ensures that no merchandise was stolen, and if so, persecution would be followed through with accordingly.
2. There is nobody trespassing/lurking
Conducting a search of the store is part of store closing duties because it assures workers that nobody is lurking in the shadows or intruding without the attention of any employee. Trespassing is illegal in most places, and it is a severe felony in some places. Whenever a store attendant is unaware of somebody who is in the store without permission, countless things can happen that do not work in favor of benefitting the business. However, conducting a search of the store during closing time would eliminate this concern.
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: Blue Spruce Company expects to produce 984,000 units of Product XX in 2022. Monthly production is expected to range from 65,600 to 98,400 units. Budgeted variable manufacturing costs per unit are direct materials $6, direct labor $7, and overhead $ Budgeted fixed manufacturing costs per unit for depreciation are $2 and for supervision are $1. Prepare a flexible manufacturing budget for the relevant range value using 16,400 unit increments. (List variable costs before fixed cost Supervision Variable Costs Total Fixed Costs Depreciation Direct Materials Finished Units ✓ Direct Labor Overhead Activity Level Total Variable costs Fixed Costs Total Costs Vallavic CUSTS LA BLUE SPRUCE COMPANY Monthly Flexible Manufacturing Budget For the Year 2022 65600 393600. 00 459200. 00 000. 00 tA 82000 492,000. 00 57400. 00 tA 98400 590,400. 00 6,88,800. 00 7. 7. 0
Answers
The answer to the question is to prepare a flexible manufacturing budget for the relevant range value using 16,400 unit increments.
1. Start by determining the number of units within the relevant range. In this case, the relevant range is between 65,600 and 98,400 units.
2. Calculate the number of increments within this range. Since each increment is 16,400 units, divide the difference between the upper and lower limits of the range by 16,400.
3. Next, calculate the variable manufacturing costs per unit. This includes direct materials, direct labor, and overhead. For each unit, the direct materials cost is $6, direct labor cost is $7, and overhead cost is __ (the value is missing in the question).
4. Multiply the variable costs per unit by the number of units in each increment to get the total variable costs for each increment.
5. Determine the fixed manufacturing costs per unit. For depreciation, the cost is $2 per unit, and for supervision, it is $1 per unit.
6. Multiply the fixed costs per unit by the number of units in each increment to get the total fixed costs for each increment.
7. Finally, add the total variable costs and total fixed costs for each increment to get the total costs for each increment. This will give you the flexible manufacturing budget for the relevant range value using 16,400 unit increments.
Note: The missing value for overhead cost needs to be provided in order to accurately calculate the variable costs per unit and the total costs for each increment.
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Jessica has just opened a shoe store. To operate her business, she orders her
shoes from a company. That company receives the shoes from a local
designer. What role does Jessica play in the distribution channel?
A. Jessica is a producer.
оо
B. Jessica is a wholesaler.
C. Jessica is a retailer.
O
D. Jessica is a storage provider.
Answers
Answer:
The answer is C
Explanation: Brainiest Would help! :D
Answer:
Answer: C Jessica is a retailer
Explanation:
RETAILERS are responsible for making goods convenient for consumers
to buy.
If you own a business that purchases other people's merchandise and sells
it in your shop you are known as a RETAILER.
You are the coding supervisor and you notice a potential discrepancy in a productivity report from one of your coders. You remind all of the coders about the importance of accuracy with these reports. One of the coders thinks she may have accidentally combined 2 days into one of her daily productivity reports and she must decide if she should admit her potential mistake or just let it go because one day’s productivity reporting really doesn’t make a difference. This is an example of ______.
Answers
Answer:
laziness.
Explanation:
discriminatory practices by a real estate licensee is disallowed by
Answers
Discriminatory practices by a real estate licensee are disallowed by various laws and regulations that promote fair and equal treatment in the housing market. The primary legislation that prohibits discrimination in real estate transactions is the Fair Housing Act (FHA).
Enacted in 1968, the FHA aims to eliminate discrimination based on race, color, religion, sex, national origin, disability, and familial status. Real estate licensees must adhere to the FHA and other related laws to ensure that all individuals have an equal opportunity to access housing without being subject to discriminatory practices. These practices may include refusing to sell or rent, setting different terms or conditions, providing false information, or engaging in any other actions that would treat prospective buyers or renters unfairly based on their protected class.
Additionally, state and local laws may also prohibit discrimination in real estate transactions. Real estate licensees should be knowledgeable about these laws and their responsibilities to avoid engaging in any discriminatory practices. Failure to comply with these regulations may result in severe penalties, including fines, suspension, or revocation of the licensee's real estate license.
In summary, discriminatory practices by a real estate licensee are disallowed by the Fair Housing Act and other federal, state, and local laws. It is essential for real estate professionals to familiarize themselves with these regulations and follow them diligently to ensure equal access to housing for all individuals, regardless of their protected class.
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which country uses a franc as its basic monetary unit?
Answers
Answer:
Franc, originally a French coin but now the monetary unit of a number of countries, notably Switzerland, most French and former Belgian overseas territories, and some African states; at one time it was also the currency of France, Belgium, and Luxembourg.
Social security is 6. 2% of your total income. Suppose that your weekly pay is $850. For any given month, what is your total contribution to social security? hint: assume there are 4 weeks in a month. A. $198. 32 c. $208. 95 b. $205. 65 d. $210. 80.
Answers
Answer:
The answer is A.
Explanation: Thank you.
A variable can be called or referenced before it has been defined.
O True
O False
Answers
Answer:
True.
Explanation:
Chloe received this email in her spam folder recommending a stock. What aspects of the letter should concern her? Choose four correct answers.
Answers
Answer: Edg 2021: A, B, D, E
Explanation:
lena owns a cookie bakery in a small city. there are six other bakeries that offer cookies in the city. which of the following is not an example of the threat of entry that lena faces in her local baked goods market? a skilled baker who just finished culinary training might open a new cookie bakery in the city. one of the six bakeries that offer cookies in the city may decide to cease cookie production in order to focus on cakes. a cookie bakery in another city might add a new location by opening a cookie bakery in lena's city. a doughnut shop in lena'
Answers
The following which is not an example of the threat of entry that Lena faces in her local baked goods market is one of the six bakeries that offer cookies in the city may decide to cease cookie production in order to focus on cakes which is therefore denoted as option B.
What is Production?This is defined as the process in which resources which are in the form of raw materials are transformed into finished products in the form of goods and services through various processes.
For a new company there are different factors which affects its entry into the new market and examples include the number of competitors who produce the same type of goods and services.
One of the six bakeries that offer cookies in the city deciding to cease cookie production in order to focus on cakes is not a threat of the entry because the competitor has reduced which will make it easier to enter the market.
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Peggy started work after graduation and started investing.
Why do you think Peggy would have decided to invest?
A. to keep her finances liquid for emergencies
B. to earn compound interest
C. to minimize the risk of losing money
D. to build on her retirement fund
E. to take out a student loan for further education
Answers
Answer:
c
Explanation:
Highschool students still don’t know what to do after graduation and may lead to debt after
A city starts a solid waste landfill during 2017. When the landfill was opened the city estimated that it would fill to capacity within 5 years and that the cost to cover the facility would be $1.5 million which will not be paid until the facility is closed. At the end of 2017, the facility was 20% full, and at the end of 2018 the facility was 45% full. If the landfill is judged to be a governmental fund, what liability is reported on the fund financial statements at the end of 2018
Answers
Answer:
The interpretation of the particular question is outlined in the following segment on the clarification.
Explanation:
The facility was indeed 20 percent full by either the end of December 2017 therefore the 3,00,000 would still have been recognized as an expenditure.
The facility also seems to be 45 percent complete at either the end of 2018, meaning that the 3,75,000 will have been accepted as expenditures,
⇒ \(1,500,000\times (45 \ percent-20 \ percent)\)
By most of the end of the decade, the financial sheet provides a snapshot 6,75,000 although this debt would be,
⇒ \(1,500,000\times 45 \ percent\)
So 3,75,000 should have been shown as the cost of the rest in the financial information for 2018, as well as 6,75,000 would have been shown as contractual obligations.
Tax preparation software can help prepare and file your
taxes by
Answers
Charge programming helps you plan and record your personal government forms quicker and more effectively than finishing up paper structures.
It calculates how much you owe and how much the government owes you, keeps things organized, and provides step-by-step instructions.
What is an example of software for preparing taxes online?
You can start your return online with either TurboTax or H&R Block's online service, and a tax professional will review your information and file on your behalf. In addition to the standard software fee and an additional $40 to $50 per state, these services are about the same price as hiring your own tax preparer.
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a entry to a liability account decreases the account balance
Answers
Answer:
Asset accounts. A debit increases the balance and a credit decreases the balance. Liability accounts. A debit decreases the balance and a credit increases the balance.
Explanation:
Neolithic people practiced metallurgy.
How did the advancement in technology. Benefit. Early humans
Answers
Answer:
the answer is D
Explanation:
Answer:
D. Metal was used to make stronger items that lasted longer
Explanation:
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financial market participants who provide funds are called a. deficit units. b. surplus units. c. primary units. d. secondary units
Answers
The financial market participants who provide funds are called surplus units.
Surplus units are individuals or entities that have more money than they need to fulfill their spending requirements and are willing to lend or invest their excess funds. They supply funds to the financial markets through financial instruments such as stocks, bonds, and other securities. Examples of surplus units include households, corporations, and governments that have excess funds available to invest. These participants often seek a return on their investments and are important for the functioning of financial markets. Total surplus is a term used to evaluate economic welfare. The addition of the consumer surplus and producer surplus gives the Total surplus.
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