What is an externality?
Question:
What is an externality?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (6 reviews)
An externality is an economic concept that refers to the side effects or consequences of an economic activity that affect individuals or entities who ...View the full answer
Answered By
Utsab mitra
I have the expertise to deliver these subjects to college and higher-level students. The services would involve only solving assignments, homework help, and others.
I have experience in delivering these subjects for the last 6 years on a freelancing basis in different companies around the globe. I am CMA certified and CGMA UK. I have professional experience of 18 years in the industry involved in the manufacturing company and IT implementation experience of over 12 years.
I have delivered this help to students effortlessly, which is essential to give the students a good grade in their studies.
3.50+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Network Externalities and the Battle between Microsoft and Apple: Many markets related to technology products operate in the presence of network externalities because the value of such products to...
-
The Externality when fishing in the Commons: In exercise 21.6, we showed that free access to a fishing lake causes overfishing because fishermen will continue to fish until the cost of inputs (i.e....
-
A city government has hired a private rm to build a new bridge in the city at a cost of $120M. The bridge has just been completed and opened. If no toll is charged, then 25,000 vehicles (total) cross...
-
For the given values, determine the quadrant(s) in which the terminal side of the angle lies. cos = 0.5000
-
Various industries have lobbied for legislative restrictions on tort liability. For instance, the nuclear power industry has long been protected by a statute that limits its upper-dollar liability in...
-
Timing Technology Inc. manufactures timing devices. During 20x1, 900,000 Units were completed and transferred to finished-goods inventory. On December 31, 20x1 there were 300,000 units in work in...
-
How would your answer to the preceding question change if you only deposited $3,750? What if you still deposited $7,500 for three years, but instead of earning 3 percent interest you now earn 6...
-
What are document flowcharts? How does a document flowchart assist each of the following individuals: (1) A systems analyst, (2) A systems designer, (3) A computer programmer, (4) An auditor, and (5)...
-
Which one of the following standardizes items on the income statement and balance sheet relative to their values as of a chosen point in time? 1. Statement of cash flows 2. Base reconciliation...
-
In a market without environmental regulations, will the supply curve for a firm account for private costs, external costs, both, or neither? Explain.
-
The rows in Table 12.7 show three market-oriented tools for reducing pollution. The columns of the table show three complaints about command-and-control regulation. Fill in the table by stating...
-
Kimpton sometimes buys individual hotels from other companies, renovates them, and reopens them under a new name.Why would Kimpton do this rather than grow through a merger with a larger, more...
-
Scatterplot. In Exercises 5-8, use the sample data to construct a scatterplot. Use the first variable for the x-axis. Based on the scatterplot, what do you conclude about a linear correlation? 5....
-
By having two sets of GAAP tailored specifically for Colleges and Universities, financial statements become more transparent, stakeholders can make informed decisions, regulatory compliance is...
-
Lab 1-3 Data Analytics in Auditing The purpose of this lab is to help you identify relevant questions that may be answered using data analytics in auditing. Let's evaluate how we might use master and...
-
Geography Majors The data listed below are estimated incomes (dollars) of students who graduated from the University of North Carolina (UNC) after majoring in geography. The data are based on...
-
Reproduced below from Farthington Supply's accounting records is the accounts receivable subledger along with selected general ledger accounts. Dec. 31/22 Balance Credit sales in 2023 General Ledger...
-
Give an example of a poset with four maximal elements but no greatest element.
-
Determine whether the lines are parallel, perpendicular, or neither. 2x + 3y = -12, 2y - 3x = 8
-
Fombell, Incorporated has the following assets in its trial balance: What is the total balance of its Property, Plant, and Equipment? Cash Equipment Accounts receivable Copyright Inventory Patent...
-
New Carlisle, Incorporated, has the following assets in its trial balance: What is New Carlisles total amount of intangible assets? Cash Equipment Accounts receivable Copyright Inventory Patent...
-
Complete the missing pieces of McCarthy Companys inventory calculations and ratios. Beginning inventory Purchases Goods available for sale Ending inventory Cost of goods sold Turnover ratio Days'...
-
10. Accounting firm XYZ provides audit tax and general accounting services, it estimates it will have 773 auditing 500 taxation, and 1,000 other service engagements. The company uses an ABC system...
-
Chapter 3: Adjusting Entries for Supplies Account and Unearned Revenue Account (Fee earned meaning Revenue) Q3-1. Western Company had $500 of store supplies available at the beginning of the current...
-
Please show me the table for production budget too, showing all calculations. Thanks Rucker Company manufactures drinking glasses. One unit is a package of eight glasses, which sells for $18. Rucker...
Study smarter with the SolutionInn App