Business, 14.03.2020 03:23, karinagonzale80
Suppose that a coal factory emits pollution into the air and that a nearby neighborhood is harmed by this pollution. It would cost the coal factory $12,500 to clean up the pollution. The neighborhood values the cleanup at $15,000. Assuming that transaction costs are low and the Coase theorem holds, for each scenario below, determine whether we would expect the pollution to be cleaned up or not. a. If the coal factory owns the right to pollute the air:-the coal factory will continue to pollute- the neighborhood will negotiate to get the pollution cleaned up. b. If the neighborhood owns the right to clean air:-the neighborhood will require the coal factory to clean up the pollution.-the coal factory will negotiate to get the right to pollute.
Answers: 2
Business, 21.06.2019 22:50, nourmaali
Which of the following statements is true? a job costing system will have a separate work in process account for each of the major processes. a process costing system will have a single work in process account. a process costing system will have a separate raw materials account for each of the major processes. a process costing system will have a separate work in process account for each of the major processes.
Answers: 3
Business, 22.06.2019 14:30, lilquanreem8051
Bridge building company estimates that it will incur $1,200,000 in overhead costs for the year. additionally, the company estimates 50,000 direct labor hours will be spent building custom walking bridges for the year at a total direct labor cost of $600,000. what is the predetermined overhead rate for bridge building company if direct labor costs are to be used as an allocation base?
Answers: 3
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