The privately-owned school system in smalltown has a virtually unlimited capacity. it accepts all applicants and operates on both tuition and private donations. although every resident places value on having an educated community, the school's revenues have suffered lately due to a large decline in private donations from the elderly population. since the benefit that each citizen receives from having an educated community is a public good, which of the following would not be correct? a. the free-rider problem causes the private market to undersupply education to the community. b. the govemment can potentially the market reach a socially optimal level of education. c. a tax increase to pay for education could potentially make the community better off. d. the private market is the best way to supply education.

The plastic flowerpots company has two manufacturing departments, molding and packaging. at the beginning of the month, the molding department has 2,100 units in inventory, 70% complete as to materials. during the month, the molding department started 18,500 units. at the end of the month, the molding department had 3,150 units in ending inventory, 80% complete as to materials. units completed in the molding department are transferred into the packaging department. cost information for the molding department for the month follows: beginning work in process inventory (direct materials) $ 1,300 direct materials added during the month 28,900 using the weighted-average method, compute the molding department's (a) equivalent units of production for materials and (b) cost per equivalent unit of production for materials for the month. (round "cost per equivalent unit of production" to 2 decimal places.)

What is the state tax rate for a resident of arizona whose annual taxable income is $18,000?

An investment offers a total return of 18 percent over the coming year. janice yellen thinks the total real return on this investment will be only 14 percent. what does janice believe the inflation rate will be over the next year?