The correct statements are 'By "marginal user cost" in the context of extraction of nonrenewable resources we mean the difference between price of the resource and marginal extraction cost' and 'To maximize net present value of profits we have to pick extraction amounts such that the last unit of the resource extracted today yields the same marginal profit as the net present value of the profit of the last unit of the resource extracted tomorrow'. Therefore, correct option is E (A and C).
A. By "marginal user cost" in the context of extraction of nonrenewable resources, we mean the difference between the price of the resource and marginal extraction cost. This statement is correct because marginal user cost represents the opportunity cost of extracting a unit of a nonrenewable resource today, which is the difference between the price and the cost of extraction.
C. To maximize net present value of profits, we have to pick extraction amounts such that the last unit of the resource extracted today yields the same marginal profit as the net present value of the profit of the last unit of the resource extracted tomorrow. This statement is also correct because it ensures that the extraction of resources is done in an optimal manner that maximizes profits while considering the time value of money.
The goal of maximizing the net present value of profits requires us to extract the resource in such a way that the marginal revenue from extracting the last unit today is equal to the discounted marginal revenue from extracting the last unit tomorrow. This ensures that we are extracting the resource efficiently and not leaving any profitable units in the ground.
B. Hotelling rule implies that if the discount rate goes up, then more of the resource should be extracted today. This statement is incorrect because the Hotelling rule suggests that the resource's price should increase at a rate equal to the discount rate. If the discount rate goes up, it does not necessarily mean that more resources should be extracted today; instead, it indicates that the rate of increase in the resource's price should be higher.
D. is incorrect because B is incorrect. Therefore, the correct answers are A and C which corresponds to option E.
Note: The question is incomplete. The complete question probably is: 8. Which of the following statements are correct. Check all that apply. A. By "marginal user cost" in the context of extraction of nonrenewable resources we mean the difference between price of the resource and marginal extraction cost. B. Hotelling rule implies that if the discount rate goes up then more of the resource should be extracted today. C. To maximize the net present value of profits we have to pick extraction amounts such that the last unit of the resource extracted today yields the same marginal profit as the net present value of the profit of the last unit of the resource extracted tomorrow. D. A-C E. A and C
Learn more about Opportunity cost:
https://brainly.com/question/24451795
#SPJ11
What is an appraisal? Why is it usually included in the closing costs for buying a home?
The procedure through which a real estate evaluator attempts to discover the fair market value of a home is called a home appraisal. They are frequently used to calculate property taxes, appraisals are typically required in regions.
What is the closing cost?Additional expenses and charges that must be paid at the end of a transaction in real estate that is not included in the property's purchase price is referred to as Closing cost.
A home appraisal is employed to determine a property's worth. Lenders impose these fees in exchange for approving your loan.
Prior to comparing a home to actually acquired properties in the local housing market, licensed real estate evaluators to look at its features and state.
Learn more about Closing costs, here:
brainly.com/question/1084194
#SPJ1
Suppose after the semester ends, you take a trip to an Island of Vieques. Upon arriving at the island, you make a stop at one of the markets and notice that everyone is carrying around jars full of cowry shells. You also notice the person in line in front of you just paid for a twelve-pack old Milwaukee beer with 8 cowry shells. Someone else just bought a Whopper Pizza Combo for 6 cowry shells. Thinking back to your economics class (as painful as that may be), you would conclude that
a) this is a barter economy.
b) those cowry shells are serving as money.
c) cowry shells are valueless.
d) cowry shells soup is a delicacy.
QS 3-9 Preparing adjusting entries (annual)-unearned revenue L04 October 1, 2017 Dec. 31, 2017 JAL Mar. May Sept. Nov. Jan. Mar. Jung Fab Apt. Aug. Oct. Dec. Oct. Dec. Feb Apr Jare Aug 2018 2017 Club 17X Fitness prepares financial statements on an annual basis and has a December 31 year-end. On October 1, 2017, Club 17X sells a one-year prepaid gym membership for $300 cash. a. Record the journal entry on October 1, 2017. b. How much is the gym membership per month? c. How many months have passed between October 1, 2017 and December 31, 2017? d. In order to prepare the annual financial statements, record the adjusting journal entry on December 31, 2017. J00
The Club 17X Fitness prepares financial statements on an annual basis and has a December 31 year-end. On October 1, 2017, Club 17X sells a one-year prepaid gym membership for $300 cash.
In order to prepare adjusting entries for Club 17X Fitness, the steps to be followed are:Journal entry for October 1, 2017:Cash: $300Unearned revenue: $300b. Monthly gym membership fee:
There are a total of 15 months, including October 2017, until the end of the membership on December 31, 2018. Thus, $300 divided by 15 months equals $20 per month.c. The number of months passed between October 1, 2017 and December 31, 2017:
The number of months that has passed between October 1, 2017, and December 31, 2017, is three months, which is October, November, and December. d. Adjusting journal entry for December 31, 2017:
Unearned revenue: $60 (3 months × $20 per month)Revenue: $60 (3 months × $20 per month)On December 31, 2017, the adjusting entry for Club 17X Fitness would be to move $60 from the unearned revenue account to the revenue account.
This entry recognizes the membership revenue earned for the three months that have passed since the gym membership was sold on October 1, 2017, and the end of the year on December 31, 2017.
Thus, Club 17X Fitness must record the adjusting entry for $60 in order to prepare the annual financial statements. The $60 represents three months of earned revenue from the one-year prepaid gym membership sold on October 1, 2017.
For more such questions on financial
https://brainly.com/question/26240841
#SPJ8
100 POINTS PLEASE HELP!!! Designers consider both elements and principles of design when creating advertisement layouts. Research one element of design and one principle of design. Write a 5- to 10-sentence paragraph explaining how each might be used during the creation of an ad.
Answer:
Designers could use size in order to bring the most important aspects such as the message or product to the eye of those viewing the ad. Designers could also use color in order to showcase the most important products vs those apart of a collection. Designers could use harmony to bring the ad together and make it all seem as if it is one piece. Variety could also show that the designers have many different things to offer to the public.
Explanation:
Sorry, I tried my best, idk if this is what you are looking for?
Element of Design: One element of design that is used is value, which helps create shading texture when needed. This can help a substance seem "popped-out", and can be used to catch people's attentions. Design is important also in creating what can be seen by the naked eye, and what is placed on there can draw different people into seeing the product in their own eyes. Appearance can be appealing or even unappealing, in getting people to be interested & even talk about the design. Designers design something that is either aesthetically pleasing, or would catch a person's attention, and hopefully spread the word around. Examples of value can be shading, different shades of the same color, etc.
Principle of Design: One principle of design is harmony, which can make it feel wholesome or pleasing the a person. This is a very good way to draw people (especially a sect commonly known as perfectionists) to buy the product. The opposite can also be said, as the distortion can also draw people to buy the product. As long as the design appeals to potential buyers, it is worthwhile to use.
~
Navel County Choppers, Inc., is experiencing rapid growth. The company expects dividends to grow at 19 percent per year for the next 8 years before leveling off at 5 percent into perpetuity. The required return on the company’s stock is 10 percent. If the dividend per share just paid was $1.52, what is the stock price?
Answer:
Price of stock = $74.636
Explanation:
The Dividend Valuation Model is a technique used to value the worth of an asset. According to this model, the worth of an asset is the sum of the present values of its future cash flows discounted at the required rate of return.
The price of the stock will the sum of the present value of the growing annuity and the growing perpetuity
Present value of dividend from year 1 to 8
The PV of the growing annuity = A/r-g) ( 1- (1+g)/(1+r)^n )
A- dividend payable now , r- required of return, g-growth rate, number of years
PV = 1.52×(1.19)/(0.1-0.19) × (1 -(1.19/1.1)^8)= 17.605
PV of Dividend from year 9 and beyond:
P = D× g/(r-g)
This will be done in two steps:
Step 1: PV(in year 8)of dividend = (1.52× 1.19^8× 1.05)/(0.1-0.05)= 122.250
Step 2 : PV in year 0 = 122.25× 1.1^(-8)= 57.030
Price of stock = 17.60 + 57.030= 74.63
Price of stock = $74.636
Why principle of indemnity not applies in life insurance?
Explanation:
The principle of indemnity is not applicable to life insurance because the insurer may pay any amount but the insured cannot be brought back to the same state. Also, the loss of a life is not measurable and no money can indemnify the loss of a life.
alex bought a chain of salons and spas. he invested his wealth and time to enhance the salons with full-service bars, child care for employees and guests, and premium furniture. since other salons and spas in the area are not offering these types of amenities, he expects this innovation will result in a profit. alex is a(n)
Alex is an entrepreneur. He has identified a gap in the market for salons and spas that offer full-service bars, child care, and premium furniture and has taken the initiative to invest his wealth.
It also offers the time to fill that gap by purchasing a chain of salons and spas and enhancing them with these amenities. By doing so, he is positioning himself to be competitive in the market and to potentially generate a profit. Entrepreneurs are individuals who identify opportunities and take the risk to start or invest in a business in order to meet a need or solve a problem. This can involve introducing new products or services, improving existing ones, or finding new ways to reach customers. Alex's actions demonstrate his entrepreneurial mindset and willingness to take risks in order to achieve his business goals.
Learn more about entrepreneur here:
https://brainly.com/question/13897585
#SPJ4
Which of the following combines a cooktop and oven into one appliance?
Answer:
A freestanding range, great for both large and small kitchens, combines a cooktop and oven into one versatile appliance. Whether you're baking, roasting, boiling or frying, a range lets you do it all.
Emily is deciding whether to buy the same designer jacket her friends have. The jacket is much more expensive than a similar one from a lesser-known brand.
Which questions should she consider before she buys the jacket? Check all that apply.
Is advertising influencing her?
What are her motivations?
Has she compared prices?
Is she buying at the right time?
Will her sister like the jacket too?
Answer: Is advertising influencing her?
What are her motivations?
Has she compared prices?
Is she buying at the right time?
Explanation:
The questions that she should consider before she buys the jacket include:
• Is advertising influencing her?
• What are her motivations?
• Has she compared prices?
• Is she buying at the right time?
Before buying the jacket, the question "Will her sister like the jacket too?" shouldn't be considered as she is looking to satisfy her own needs and not that if her sister and in this case, he sister shouldn't have an impact on her buying decision.
Answer:
A, B, C, D
Explanation:
edge2021
A firm can cope with differences in government policies and practices in the host country in which it has implemented an international strategy by:
A firm can cope with differences in government policies and practices in the host country by implementing the following strategies:
1. Adaptation: The firm can adapt its operations and strategies to align with the local government policies and practices. This may involve modifying products, services, or business practices to meet local requirements.
2. Collaboration: The firm can collaborate with local partners or government entities to navigate and understand the local policies and practices. This can help in building relationships, gaining insights, and finding solutions that align with the host country's regulations.
3. Local hiring and training: The firm can hire local employees and provide them with appropriate training to ensure compliance with the government policies and practices. This can help in understanding the local nuances and building trust with the government and local stakeholders.
4. Lobbying and advocacy: The firm can engage in lobbying and advocacy efforts to influence government policies and practices that are hindering its operations. This may involve participating in industry associations, forming alliances with other firms, and engaging in dialogue with policymakers.
5. Risk management: The firm can establish robust risk management processes to identify, assess, and mitigate risks associated with government policies and practices. This may involve diversifying operations, having contingency plans, and staying updated on changes in regulations.
By adopting these strategies, a firm can navigate and cope with differences in government policies and practices in the host country, ensuring its international strategy is implemented effectively.
To know more about policies, visit:
https://brainly.com/question/26055567
#SPJ11
The complete question is,
A firm can cope with differences in government policies and practices in the host country in which it has implemented an international strategy by:
A global strategy is an international strategy in which a firm’s home office determines the strategies that business units are to use in each country or region.
A goal is defined as the result or success toward which effort is directed.
O True
O False
Answer:
true
Explanation:
What is the primary malt in a hefeweizen?
The primary malt in a hefeweizen is wheat malt. Hefeweizen is a German-style wheat beer, and the term "hefe" means yeast while "weizen" refers to wheat.
The wheat malt, combined with a specific type of yeast, results in the characteristic flavors and aromas associated with hefeweizens, such as banana and clove notes. In addition to wheat malt, a hefeweizen may also contain specialty malts, such as Munich or Vienna malts, to add complexity and color to the beer. The use of hops in hefeweizens is usually minimal, as the focus is on the unique flavor contributions from the wheat malt and yeast.
In summary, the primary malt in a hefeweizen is wheat malt, which makes up at least 50% of the grain bill and imparts the beer's signature light and refreshing flavor.
To know more about malt click here
brainly.com/question/31567674
#SPJ11
What are the fundamentals of a wealthy life?
Answer:
Avoiding debt.Budgeting properly.Setting short-term and long-term goals.Investing in yourself.Diversifying your assets.An understanding of risk and rewardAnswer:
Avoiding debt.
Budgeting properly.
Setting short-term and long-term goals.
Investing in yourself.
Diversifying your assets.
An understanding of risk and reward.
Explanation:
are good oppurtunities always spotted quickly or they often left unrecognized ?
Answer:
often left unrecognised
Answer:
Spotted quickly
Explanation:
what statement best illustrates an example of economic specialist
A record company went out of business because too many of its customers downloaded its music illegally from the internet rather than purchasing the digital copy from the record company. This instance serves as an example of:
A. market power.
B. inefficient trade.
C. the invisible hand at work.
D. inadequate enforcement of property rights.
The instance described, where a record company went out of business due to customers downloading its music illegally from the internet, serves as an example of **D. inadequate enforcement of property rights.**
In this scenario, the record company's inability to protect its intellectual property rights, specifically the rights to its music, led to significant losses in revenue. The customers choosing to download the music illegally instead of purchasing it demonstrates a lack of respect for the company's property rights. The insufficient enforcement of laws and regulations surrounding intellectual property rights, such as copyright infringement, allowed this behavior to persist and ultimately contributed to the downfall of the record company. Adequate enforcement of property rights is crucial for protecting the interests of businesses and incentivizing innovation and creativity.
Learn more about property rights here:
https://brainly.com/question/29613081
#SPJ11
On March 25, 2014, Patton Company sold merchandise on account,$10,000. The applicable sales tax percentage is 8.5%. Record the transaction.
Answer:
Kindly see attached picture
Explanation:
Sales tax percentage= 8.5%
Sales = 10,000
Sales tax payable = 0.085 × 10000 = 850
Accounts payable = 10000 + 850 = 10850
Kindly see attached picture for journal entry
How much is it to start a buissness?
Answer:the average cot to start a business is 30,000
Explanation:
Which of the following is a primary reason for a poor track record among leaders in changing organizations? o Organizational leaders tend to overly lay emphasis on the interdisciplinary nature of their organizations. Organizations are simple, dependent social entities with relationships not outside of its boundaries. Organizational change takes time, and time is one of the most precious commodities in the 21st century. Organizational change fails to be a rational and an emotional activity.
One primary reason for a poor track record among leaders in changing organizations is that organizational change takes time, and time is one of the most precious commodities in the 21st century.
Leaders may struggle to balance the need for change with the need to maintain productivity and profitability in a fast-paced business environment.
Additionally, organizational change is not solely a rational activity, but also an emotional one that requires buy-in and support from all stakeholders.
Effective leaders must understand and navigate the complex relationships and precious commodities and dynamics within their organizations to successfully implement change.
For more information on leaders and precious commodities refer https://brainly.com/question/12522775
#SPJ11
Along a linear demand curve, total revenue is maximized when the price elasticity of demand, in absolute value,
A) equals to one
B) is greater than one
C) is less than one
D) none of the above
Why is it important to set a timeline when planning a purchase? Is it ever a good idea to wait overnight before making a commitment to make a large purchase ?
please I need it asap
Answer: Purchasing power is the value of a currency expressed in terms of the amount of goods or services that one unit of money can buy. Purchasing power is important because, all else being equal, inflation decreases the amount of goods or services you would be able to purchase.
Why should you always consider the opportunity cost when making a significant purchase? Because money spent in one place cannot be spent in another. Considering opportunity cost is just one of the steps needed to have power over purchase.
Explanation:
The worth of a currency is measured by the quantity of products or services that it may be used to purchase.
What is the product?The object being sold is referred to as a product. A service or an object both qualify as products. It could take on a physical, virtual, or cyber form. Every product has a cost associated with it, and each one has a price. The market, the quality, the marketing, and the group that is being targeted all affect the price that can be charged.
A currency is measured by the quantity of products or services that it may be used to purchase. When everything else is equal, purchasing power is crucial because inflation reduces the number of products and services you would be able to buy.
Therefore, measured by the quantity of products or services that it may be used to purchase
Learn more about products here.
brainly.com/question/22852400
#SPJ2
The income effect for a normal good is __________ while the income effect for an inferior good is __________.
Answer:
negative
positive
Explanation:
have a great day ahead" :)
Give examples of how value is added to warburtons products
Answer:
they are rare and hard to come by
nlg gers number yes 34 to yes
Answer:
Umm what are u trying to get 34 to
what is one of the effects that the internet has had on bussiness?
question if the monopolist charges a single price for teddy bears, which of the following describes an accurate outcome?
Deadweight loss equals area (e), consumer surplus equals area (a+b)(a+b), producer surplus equals area (c+d)(c+d), and so forth. Option C
What is a monopoly?Generally, however, with a monopoly, there is only one business in the market, therefore firm and market demand are the same.
T or F – A monopoly has the right to set whatever price it wants, and consumers are obligated to pay it.
Monopoly Output: Monopolies produce when marginal income and marginal expenses are equal, but they charge the price indicated by the market demand curve for that amount of production.
Read more about monopoly
https://brainly.com/question/5992626
#SPJ1
CQ is attched below
according to writing experts, approximately what percentage of time should you spend on the prewriting phase of a business message? a. 25 percent b. 5 percent c. 90 percent d. 50 percent
25 percent of time should you spend on the prewriting phase of a business message, according to writing experts, approximately is percentage of time. Hence, option A is correct.
What is prewriting phase?The three main decisions the writer must make during the prewriting stage are topic, audience, and goal. Assigned subjects and selected topics are the two categories of themes that a student could have to deal with.
Pre-writing is the collective term for all the work done before the actual text is written. You must choose what to write about and how to express it at this point. This indicates that before you start writing, you must be informed of the prerequisites.
Thus, option A is correct.
For more information about prewriting phase, click here:
https://brainly.com/question/1913636
#SPJ1
Answer:
68
Explanation:
the value of 4 + -3 take away negative 7 is
Answer:
-6
Explanation:
1-7 =-6
Unlike stocks and bonds, real estate is __________, meaning it cannot be converted to cash quickly.
illiquid. Unlike stocks and bonds, which can be easily bought or sold on the financial markets, real estate is considered illiquid.
This means that it cannot be quickly or easily converted to cash. Real estate investments typically require a longer time horizon for buying, selling, or liquidating compared to other types of investments. The illiquidity of real estate stems from several factors. Firstly, the process of buying or selling property often involves legal procedures, paperwork, and negotiations, which can take time to complete. Additionally, the real estate market is subject to fluctuations, and finding a buyer or seller at the desired price may not happen instantaneously. Moreover, real estate is considered a relatively large and long-term investment. The value of a property may not be easily realized or converted into cash without going through the process of listing, marketing, and finding suitable buyers or tenants. This lack of liquidity means that investors in real estate should typically have a longer-term investment horizon and be prepared to hold onto the property for an extended period before realizing its value.
To learn more about financial markets, Click here:
https://brainly.com/question/28481995
#SPJ11
JohnBoy Industries has a cash balance of $54,000, accounts payable of $134,000, inventory of $184,000, accounts receivable of $219,000, notes payable of $129,000, and accrued wages and taxes of $41,500. How much net working capital does the firm need to fund?
Answer:Net working capital = $152,500
Explanation:
Net working capital = CA– CL
Where CA= Current Assets = Cash + Inventory + Accounts Receivable
and CL= Current Liabilities= Account payable + Notes payable + accrued wages and taxes
CA=$54, 000 + $184,000 + $ 219,000 =$457,000
Current liabilities = Account payable + Notes payable + accrued wages and taxes
CL = $134,000 + $129,000 + $41,500 = $304,500
Net working capital = Current assets – Current liabilities
Net working capital = $457,000 – $304,500= $152,500
Net working capital = $152,500