in the computer market, $500 is the price at which quantity supplied equals quantity demand. so $500 is the___.

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Answer 1
Answer: The price at which supply meets demand is referred to as the equilibrium price, so if the amount of computers supplied at $500 is the same as the amount of people who are willing to pay $500 for a computer, then $500 is the equilibrum price.
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When consumption of a good generates a positive externality, which of the following must be true at the market equilibrium? A. Marginal social benefit is less than marginal private cost. B. Marginal social benefit is greater than marginal private benefit. C. Marginal social cost is greater than marginal social benefit. D. Marginal social cost is less than marginal private benefit.

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Answer:

B. Marginal social benefit is greater than marginal private benefit.

Explanation:

When consumption of a good generates a positive externality, the statement is true at the market equilibrium is marginal social benefit is greater than marginal private benefit. As we hold a perception of this permanence concerning some positive externality signifies that marginal social benefit remains higher aside from marginal private benefit. Ended consuming simply quantity Q, marginal social benefit is a higher marginal social cost, including higher of the good, should be absorbed.

Final answer:

In a situation of positive externality, the marginal social benefit of a good or service exceeds the marginal private benefit at the market equilibrium, leading to societal underconsumption of the good or service.

Explanation:

When consumption of a good generates a positive externality, the correct statement would be that the marginal social benefit is greater than the marginal private benefit. A positive externality occurs whenever the consumption of a good or a service by an individual has a beneficial impact on others who are not directly involved in the transaction.

The marginal private benefit essentially represents the individual user's private gain from consuming an additional unit of a good or service. On the other hand, the marginal social benefit reflects the total benefit to society, considering not only the individual's private benefit but also the positive impact on others.

Thus in the case of a positive externality, the marginal social benefit exceeds the marginal private benefit at the market equilibrium, effectively leading to an underconsumption of the good from a societal perspective, because individuals account only for their private benefit and not for the external benefits generated by their consumption.

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you are expected to do a presentation of you business plan to a group of potential investors .explain how you would respond to question in a non aggressive and professional manner

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Each business exists due to some discernible opportunities that you have found inside the market. So you should unmistakably characterize the need as well as issue you are unraveling with this business. During a business proposal, you should respond to questions in a non aggressive and professional manner you should speak politely and gently to your potential investors.

Which of the following statements is correct?A.The payment of a cash dividend reduces net income.B.Cash received from issuing common stock to stockholders is reported as a financing activity cash flow within the statement of cash flows.C.Providing services to a customer on account does not impact net income.D.The purchase of manufacturing equipment is reported within the statement of cash flows as a financing activity.

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Answer:

B.Cash received from issuing common stock to stockholders is reported as a financing activity cash flow within the statement of cash flows.

Explanation:

As when common stock is issued, it provides cash to the company, for any kind of investments, or expense to be made, for running the business.

Financing activities are those which arrange monetary assets generally cash for the company, issue of securities, issue of bonds, borrowings as loans or note payable.

Thus, the statement B is correct.

Further dividends are provided after tax, and are distribution from net income, but not shown under that.

Providing services on account will provide revenue and net income will increase.

Purchasing of any equipment is investing as it will create an asset for the company.

The following industries have a market-oriented location A. Newspapers B. Yahoo! Data center C. Paper mills D. Textiles

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Answer:

A. Newspapers

D. Textiles

Explanation:

Market oriented location is the selection of business location based on customers. The market for business will be selected where there are customers already present. This is possible where there is presence of some competitor in market and business chooses to open its store just beside him so that competitor customers may visit our store too.

How does the chain of command facilitate the operations of a large structured organization?

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Answer:

The use if the direct chain of command affords delegation of authority in an easily understandable way, such that needed decisions on actions are more quickly taken to save costs due to delay and lack of cohesion.

Direct chain of command affords employees to work in areas they are proficient with which builds improved competence and skill within the workforce

The chain of command organizational structure is a logical delegation of authority which facilitates collaborative efforts with internal and external bodies

Explanation:

gomez corporation uses the allowance method to account for uncollectibles. on january 31, it wrote off an $1,600 account of a customer, c. green. on march 9, it receives a $1,100 payment from green. prepare the journal entry for january 31. prepare the journal entries for march 9; assume no additional money is expected from green.

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The journal entries for Gomez Corporation for January 31 and March 9 are being prepared below. This would record the partial recovery of the previously written-off amount.

Journal Entries in the books of Gomez Corporation

                           (as on January 31)


For January 31, when Gomez Corporation writes off the $1,600 account of customer C. Green using the allowance method, the journal entry would be:

1. Debit Allowance for Doubtful Accounts: $1,600
2. Credit Accounts Receivable - C. Green: $1,600

Journal Entries in the books of Gomez Corporation

                              (as on March 9)

The journal entries for March 9, when Gomez Corporation receives a $1,100 payment from C. Green and no additional money is expected, are as follows:

1. Debit Cash: $1,100
2. Credit Allowance for Doubtful Accounts: $1,100

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