If a negative externality results from the refining of oil, the cost of production as seen by the oil refinery:_____.

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Answer 1

If a negative externality result from the refining of oil, The cost of production as seen by the oil refinery does not include the external cost.

What is the cost of production?

The total costs incurred by a business to deliver a service or produce a specific number of goods or services are referred to as the cost of production. Costs for labor, raw materials, and consumable supplies could all be accounted for in the production budget. The term "cost of production" in economics refers to the price paid to acquire the production factors—such as labor, land, and capital—necessary for the manufacture of an item. A motor vehicle tire, for instance, may include production costs that cover the cost of rubber, labor to make the product, and numerous manufacturing supplies. The material costs of providing the service and the labor expenses paid to staff tasked with doing so may be included in the service sector's production costs.

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Related Questions

A buyer is most likely to skip some stages of the purchase decision process when the buyer is purchasing ______.

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A buyer is most likely to skip some stages of the purchase decision process when the buyer is purchasing products that are regularly bought.

What is purchase?

A purchase is when a person makes a purchase or acquires possession of a product. A price must be paid in order to purchase an item.

A television, a mansion, an automobile, or even some detergent can be the purchased object.

If the person is buying a product on a daily basis or a person is buying a product that is cheap, then he or she would like please have a decision to keep the process of checking the quantity price or even the components and directly buy the product.

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Because many countries are investing in countries other than their own, each country is becoming more autonomous and independent. true false

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That claim is false. Each country is NOT becoming more autonomous and independent if it is investing in other countries than their own. That should go without saying, I believe.

It should be fairly self-explanatory and obvious that a nation that refuses to invest on its own country is not autonomous or independent. 

How can you be self-reliant and self-sufficient in the face of your own sovereign if you don't believe in your own resources and potential?

It is good to have domestic consumers who demand more from businesses and often push those national industries ahead of those in other nations where consumers are less demanding and lack interest.

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A list of all accounts used by a company, and the identification number assigned to each account, is called a:_________

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A list of all accounts used by a company, and the identification number assigned to each account, is called a chart of accounts.

What is a chart of accounts?

This is the term that is used to refer to the list of all of the financial accounts that has been set up by the accountant that is for an organization that has all of the recordings of the transactions that occur in the general ledger of the company.

Hence we can say in conclusion that a list of all accounts used by a company, and the identification number assigned to each account, is called a chart of accounts.

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The headlines apple sells 20 million ipjomne 6 smartphones a mopnth deals with a topic because?

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deals with a microeconomic because it is the result of decisions that people and corporations make.

Describe "Microeconomics"

Microeconomics is the study of how people, households, and businesses make decisions and distribute resources. It mainly pertains to markets for products and services and addresses both personal and financial concerns.

The study of microeconomics focuses on the decisions people make, the factors that shape those decisions, and how those decisions have an impact on the supply, demand, and price of items on the market.

The probabilities (tendencies) that come from people making choices in response to shifting incentives, prices, resources, and/or production processes are the main subject of the study of microeconomics.

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A person or an organization that helps another organization sell its goods and services to customers is called a(n) ______.

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A person or an organization that helps another organization sell its goods and services to customers is called a(n) distributor.

What is services to customers ?

Customer service today is providing proactive and prompt assistance to clients whenever they need it via the channel of their choosing, including . Customer service is now seen by enterprises across industries as a strategic function due to how crucial it is.

Therefore

A person or an organization that helps another organization sell its goods and services to customers is called a(n) distributor.

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A registration statemtn has been filed for an upcoming ipo, as an investment banking reprsesentative you could send the client?

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As an investment banking agent, you might invite the client to a road show where the company's management would discuss business ideas and provide them the preliminary prospectus.

A Preliminary Prospectus is what?

A company files a preliminary prospectus, which is a first draft registration statement, before initiating an initial public offering (IPO) of its securities. The paper, which was submitted to the Securities and Exchange Commission (SEC), aims to enlighten potential shareholders on the operations, leadership, strategic plans, financials, and ownership structure of the company. The preliminary prospectus requests expressions of interest in the upcoming issue. The client may also receive an invitation to a road show along with the preliminary prospectus.

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Sana gill deposited $3,500 into a new business checking account to begin her new bookkeeping firm, gill bookkeeping. this business transaction would:__________

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Sana Gill deposited $3500 into a new business checking account to begin her new bookkeeping firm, Gill Bookkeeping. This business transaction would increase the company's cash, and increase Sana Gill's Capital.

A business transaction is what?

A financial exchange of commodities, money, or services between two or more people is referred to as a business transaction. A commercial exchange must have a measurable monetary value in order to be considered a transaction for accounting purposes. Business dealings will have an impact on the company's finances.

A long-term service contract might be as complicated as a business transaction, or it can be as simple as a cash purchase. The following requirements must be met for a transaction to qualify as a commercial transaction:

The deal can be valued financially.The company and the third party engage in the transaction.The deal is made on behalf of the company and not for a person's personal benefit.

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The law of demand illustrates a(n) ____ relationship between price and ____.
a. direct; quantity demanded
b. inverse; quantity demanded
c. inverse; demand
d. direct; demand

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The law of demand illustrates an Inverse relationship between price and Quantity demanded.

It has downward sloping and negative relation.

Increase in price will decrease the quantity demanded and vice versa

Option (a) is incorrect as there is inverse relationship not direct.

Option (c) is incorrect as there is relationship of price and quantity demanded not demand.

Option (d) is incorrect because there is no direct relation  with the price and demand.

The law of demand illustrates an inverse relationship between price and the quantity demand.

Quantity demanded is defined as quantity demanded at particular price whereas demand refers to the different quantities at different prices that consumer is willing to buy

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Answer:

The correct answer is B

Explanation:

When a manager does not receive forecasts, sales projections, or appropriate dashboards, the business objective of ______________ is not achieved.

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When a manager does not receive forecasts, sales projections, or appropriate dashboards, the business objective of improving decision making is not achieved.

What do you mean by Decision-making?

The cognitive process that leads to the selection of a belief or plan of action from a range of potential outcomes is known as decision-making. It could be logical or illogical. The process of making a decision is based on the decision-values, maker's preferences, and beliefs. Every decision-making process ends with a final choice that may or may not be followed by action.

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Mack and amy are making regular contributions of $200 a month from their salaries to a money market savings account. these transactions will:________

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Mack and amy are making regular contributions of $200 a month from their salaries to a money market savings account. these transactions will be income and expense.

From their monthly salary, Mack and Amy consistently deposit $200 into a money market savings account. Both the net worth on their balance sheet and the surplus on their income and expense statement will fall as a result of these transactions.

It spans a certain amount of time, typically a month or a year. There are three sections in the statement: income, costs, and surplus (or deficit). It spans a certain amount of time, typically a month or a year. The cash inflows and outflows for a specific time period are displayed in the statement of cashflows. The cash used for or provided by the operating, investing, and financing operations is shown on the statement of cashflows.

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Mary kay owns a nursery. the trucks, handcarts, and forklift she purchased for the business are called __________ investments.

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The trucks, handcarts, and forklift that Mary Kay bought for the company are classified as capital investments.

A company makes a capital investment when it buys tangible assets to utilize in achieving its long-term goals and objectives. Among the assets that are bought as capital investments are real estate, factories, and equipment. The funding used may originate from a variety of sources, including venture capital deals and conventional bank loans. A startup business may look for financing from a variety of sources, such as venture capital firms, angel investors, or conventional banking institutions. A new business is receiving substantial capital investment from numerous investors when it goes public.

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Pear computer imaging announced that it will pay a $2.00 per share dividend. the firm will pay the dividend to all shareholders __________.

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Pear computer imaging announced that it will pay a $2.00 per share dividend. the firm will pay the dividend to all shareholders of record on the date of record.

The moment a corporation formally commits to paying a dividend is known as the declaration date. The ex-date, also known as the ex-dividend date, is the day that a stock starts trading without the dividend. Shareholders must own the shares prior to the ex-dividend date in order to receive the declared dividend.

Dividends can be paid at any point during the financial year, prior to the company's yearly profits being established (an "interim dividend"), or after the end of the financial year, once its year-end financial statements have been approved.

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Current market prices reflect all information contained in past price movements. True or false?.

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This statement is true .Current market prices reflect all information contained in past price movements.

What are Price Action ?

In general, price action refers to changes during a security's price over time.A chart are often given various appearances to help traders see price action trends more clearly. this is often particularly true when examining data from several historical periods.

Price action is the foundation for technical analysis formations and chart patterns.Moving averages and other technical analysis techniques also are derived from price activity and extrapolated into the future to guide trades.Although many of us predict future prices using price activity, past price action doesn't guarantee future outcomes.

What is market price?

The market value is the current price at which a good or service can be purchased or sold. The market value of an asset or service is determined by the forces of supply and demand; the price at which quantity supplied equals quantity demanded is the market price.

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Bluedot, a company headquartered in toronto, canada, is working on ways to better detect and predict pandemics before they occur. the software analyzes threat vectors including:__________

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Bluedot, a company headquartered in toronto, canada, is working on ways to better detect and predict pandemics before they occur. the software analyzes threat vectors including early warning systems to identify pandemic.

What is threat vector ?

A threat vector is a mechanism or method by which a cybercriminal gains access to a computer system via one or more of the six main routes by exploiting a route vulnerability (also called an attack surface).

The six main ways (points of entrance) are as follows:

The network Email Users Web applications Portals for remote access Mobile phones. A system can be attacked for passive (gaining or using information without affecting the system) or active (directly attempting to alter or disrupt the system's operations) causes.As hackers discover new ways to exploit people and system weaknesses to deploy malicious software, access sensitive data, or access operating systems, the list of threat vectors rises. Threat vectors are classified as either programming or non-programming.

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Dave and nadine have decided that they want to become property investors. what is most likely their main motivation for investing?

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Dave and Nadine's main motivation for investing in property is income appreciation.

What is a Investment?

Investment is the amount that is spent to start an earning, the amount is invested in the business or the investment. The investment in return provides profit to the investor.

The investments made by individuals are also beneficial for the economy of the country, the investment of cash enables the economy a boost while the opposite situation is not ideal for any country.

In the scenario provided, Dave and Nadine have decided that they want to become property investors, this is a type of investment and this investment in property would let them earn the appreciation of land value which is in fact the increase in income and this may also result in a rental income.

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The sale of shares not owned by the investor but borrowed through a broker and later purchased to replace the loan is called a:_____.

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The sale of shares not owned by the investor but borrowed through a broker and later purchased to replace the loan is called a short sale.

What is a short sale?

A short sale is when an investor sales a stock he does not own but has borrowed from a broker. At a later date, the investor then buys the stock to make a delivery on the sales.

A short sale is usually undertaken when the investor is bearish. This means that the investor expected price of the stock to fall in the future. Thus, the investor would short sell the stock at a higher price now and buy it at a lower price in the future.

For example, assume an investor short sells a stock for $100. Two weeks from now, the stock now has a value of $80. The investor buys the stock at $80. The profit earned by the investor is $20 ($100 - $80).

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If the production of wheat increases from point b to point a, what is the opportunity cost?

Answers

55 ton(s) of steel

(With an increase in wheat from point B to point A (75 to 90 tonnes of wheat), the production of steel decreases from 75 to 20 tons of steel, thus the opportunity cost is 55 tons of steel.)

According to the law of growing opportunity cost, the cost of manufacturing the next unit rises as you keep up with production of a given good. This happens as a result of reallocating resources to create a good that was more suitable to create than the initial good.The benefit you forgo while deciding on one course of action over another is known as the opportunity cost. The following method can be used to calculate the opportunity cost of selecting one investment choice over another: Opportunity Cost is calculated as Return on the Most Profitable Investment - Return on Investment Pursued.People are less likely to choose the same option when the opportunity cost of that option rises. Making a marginal choice between purchasing an additional apple or banana is an example of a marginal decision.The value of the next best option or alternative is known as the opportunity cost. This worth may or may not be quantified in monetary terms. Value can also be assessed using different metrics, such as time or happiness. The ratio of what you give up to what you get could be used as a formula to determine opportunity costs.

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When a company is the first to market with a competitive advantage, this is called a first-mover advantage. all of the following companies were first-movers except ________.

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With the exception of Microsoft's Bing search engine, all of the following businesses were pioneers.

How Does First-Mover Advantage Work?

Simply put, a first-mover advantage is a company's capacity to outperform its rivals as a result of being the first to market in a new product area. We believe it is important to distinguish between long-lasting first-mover advantages and those that are fleeting. Long-lasting first-mover advantages increase a firm's market share or profitability over time. Although no advantage lasts forever, businesses who are successful in establishing long-lasting first-mover advantages frequently dominate their product categories from a market's infancy to its mature stage for many years. Both the importance and endurance of early success are well demonstrated by Coca-Cola in soft drinks and Hoover in vacuum cleaners.

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The economic dependence that sent small farmers downward on the agricultural ladder was called ______.

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The economic dependence that sent small farmers downward on the agricultural ladder was called debt peonage.

Debt can be defined as part of the group of liabilities that goes on the balance sheet. In everyday life and accounting, debt is a fairly important part. Not only that debt has an important part of a company because debt will continue to grow in it.

Although almost all companies have debt, the amount of debt and its use of course vary. The amount of this debt will arise due to many aspects, one of which is for the business development of the company.

The types of debt arising from financial management are divided into two types, namely:

Productive debtConsumer debt

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The adjusting entry for a prepaid expense includes a debit to a(n) ______ account and a credit to a(n) ____ account.

Answers

The adjusting entry for a prepaid expense includes a debit to an expense account and a credit to an asset account. When a company makes in advance payments for products or services that will be received in the future, the result is a sort of asset called a prepaid expense on the balance sheet. Although initially reported as assets, prepaid expenses eventually have their value expensed onto the income statement.

The prepaid expense is different from other expenses in that the business will benefit from it over the course of multiple accounting periods. Expenses must be recognized in accordance with generally accepted accounting principles (GAAP) within the same accounting period as the benefit from the corresponding asset.

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on october 1, the accounts receivable account balance was $41,900. during october, $364,500 was collected from customers on account. assuming that the october 31 balance was $48,200, determine the fees billed to customers on account during october.

Answers

If $364,500 was collected from customers on account. assuming that the october 31 balance was $48,200, the fees billed to customers on account during october is: $274,400.

Fees billed

First step is to calculate the amount collected

Amount collected=Amount collected on account- balance

Amount collected=$364,500-$48,200

Amount collected=$316,300

Second step is to calculate the fees billed

Fees billed=$316,300-$41,900

Fees billed=$274,400

Therefore if $364,500 was collected from customers on account. assuming that the october 31 balance was $48,200, the fees billed to customers on account during october is: $274,400.


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Business complaints about copyright protection and intellectual property rights in some countries illustrate how differences in ___ can impact international operations

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Business complaints about copyright protection and intellectual property rights in some countries illustrate how differences in Legal Environments can impact international operations

Legal Environments

The study of the legal environment in business focuses on how the law affects all facets of business ownership and administration. Students concentrate on legal ethics, court processes, torts, contracts, consumer law, property law, employment law, environmental law, and international law during the whole semester.Why is the legal landscape significant to business?All businesses who are thinking about operating in a global market must be aware of the laws that are relevant to their operations in order to protect themselves from civil and criminal responsibility as well as to uphold their ethical standards.

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Assume that a ver (voluntary export restraint) is imposed on an imported product. The difference between the domestic price and the world price is captured by?

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Assume that a ver (voluntary export restraint) is imposed on an imported product. The difference between the domestic price and the world price is captured by Foreign exporters.

What is Foreign exporters?

The export sector is a part of the global trade. They are the goods and services that citizens of a country purchase that were created by another country. They make up a country's trade balance along with imports. When a nation exports more things than it imports, it has a trade surplus.

Therefore,

Assume that a ver (voluntary export restraint) is imposed on an imported product. The difference between the domestic price and the world price is captured by Foreign exporters.

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Majerek company accrues salaries at year-end. what is the financial statement effect of this adjusting entry?

Answers

Net income, in both business and accounting, is an entity's revenue less costs, depreciation and amortization, interest, and taxes for a certain accounting period.

The financial statement effect of this adjusting entry is

Net income is decreased.

The amount earned by an individual or corporation after costs, allowances, and taxes is referred to as net income. Net income in company is the amount that remains after all costs, such as salaries and wages, the cost of goods or raw materials, and taxes, have been paid.

The following equation is used to determine net income:

Net Income = Revenue - Cost of Goods Sold - Expenses.Net Income = Gross Income - Expenses.Net Income = Total Revenues - Total Expenses.

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what method of manufacturing, introduced in the early 1800s, made mass production possible? the use of interchangeable parts the use of hand-crafted products

Answers

The method of manufacturing that made mass production in the early 1800s possible was the implementation of interchangeable assembly parts leading up to the moving assembly line for large scale production

The Americans liked the idea of manufacture of interchangeable gun parts that was originally an innovation from France who did not go on with the innovation so the Americans became independent in artillery manufacture and so promoted interchangeable parts in their own industries.

Although assembly line techniques had been developed as early as the twelfth century in Venice, the implementation of interchangeable parts allowed American industry to expand on the idea and build huge high-output factories.

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To help employ qualified veterans, ______ are required to post all job openings with a state employment agency.

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To help employ qualified veterans, the federal contractors are required to post all job openings with a state employment agency.

Who are the federal contractors?

They refers to any person who enters into a contract or are bidding on such a contract with an agency of the United States government and is expecting to be paid for the services, material, equipment, supplies, land or buildings with funds appropriated by Congress.

In conclusion, as on of their duties which is to help employ qualified veterans, the federal contractors are required to post all job openings with a state employment agency.

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Sears sells batteries under its own diehard brand name even though another company actually produces these batteries. this is an example of?

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Sears sells batteries which are under its own diehard brand name even though another company actually produces such batteries. This is an example of dealer or private brand.

A private brand is a good which is manufactured for and sold under the name of a specific retailer, which is thus competing with the other brand-name products in the market.

So here, Sears is said to have the best car batteries, which Sears sells under its own diehard brand name in the market, even though these batteries are actually produced by another company.

Hence, the retailer is said to control everything about the product or products in the market.

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The category of information system that is used to process business event data at the operational level of the organization is __________.

Answers

The class of records system this is used to procedure business event facts at the operational stage of the corporation is Transaction processing structures (TPS).

A transaction process system (TPS) is a facts processing gadget for enterprise transactions regarding the gathering, change, and retrieval of all transaction records. characteristics of a TPS include overall performance, reliability, and consistency. TPS is also known as transaction processing or real-time processing.

Transaction processing is a manner of computing that divides paintings into individual, indivisible operations, called transactions. A transaction processing device is a software program gadget, or software program/hardware mixture, that supports transaction processing.

A Transaction processing structure (TPS) is an automated system that performs and information the everyday ordinary transactions important to behavior enterprise. Examples are sales order entry, motel reservation structures, payroll, employee document retaining, and delivery.

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Ll the costs appearing on the job cost sheets of the jobs that are being worked on are found in the ______ account.

Answers

Ll the costs appearing on the job cost sheets of the jobs that are being worked on are found in the work in process account.

Cost Sheet

A cost sheet is a declaration that lists all the different parts that make up a product's total cost and provides comparative historical data. You can determine the ideal selling price of a product using the cost sheet as a guide. You can use expected costs or past costs to build a cost sheet document.

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Before posting a payment of $5,000, the accounts payable of senator company has a normal balance of $16,000. the balance after posting this transaction was:______.

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Before posting a payment of $5,000, the accounts payable of senator company has a normal balance of $16,000. The balance after posting this transaction was $11,000.

A company's debt to its suppliers for delivered products and services for which the provider has given an invoice is referred to as accounts payable. It may also be the title of the group in charge of collecting any unpaid debts owed by a company to its suppliers.What kind of accounts payable are there?Accounts payable are the expenses that a business must cover. Office supplies, cleaning services, and staff uniforms are a few instances of accounts payable. Purchasing the order, receiving the order, and mailing the vendor invoice are the three phases in accounts payable.

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