Explain why private and public goods are produced using the concepts of monetary and non-monetary incentives.

Answers

Answer 1

Incentives can be monetary or non-monetary.

Answer 2

The private goods are produced for earning profit whereas the public goods are produced for society's welfare.

What is meant by incentive?

The incentive is the amount of gain earned by the entrepreneurs after selling off their manufactured products.

The monetary incentive earned from the production of private goods is considered as profit or gains. These are usually done by private production firms. The non-monetary incentive can be an incentive in-kind which is earned by public enterprises by producing the public goods.

Therefore, the nature of incentives used by both the public and private goods.

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Related Questions

As it relates to inventory, a buyer's time expended to prepare the purchase order for more material is considered a(n) ____ cost.

Answers

Answer:

"Ordering" is the correct solution.

Explanation:

Ordering expenses are incurred in purchasing a new shipment of manufactured goods. This would include expenditures for the attempting to place of a purchase agreement, cost savings for the evaluation including its batches expected to receive, ends up costing for documentary evidence, etc. The cost of ordering correlated negatively with either the cost of transport. This appears to mean because the much more purchases a business location including its providers, the significantly higher the ordering costs will indeed be.

Follow = Multiple thanks ​

Answers

Welcome welcome welcome

Which of the following skills allows advertising, promotions, and marketing managers to choose which strategies are
best suited to a specific marketing campaign?
Communication skills
Interpersonal skills
Decision-making skills
o Organizational skills

Answers

Answer:

Decision-making skills

Explanation:

Decision making involves an objective comparison between alternatives to make a choice that improves an organization. The decision making skill is a trait that portrays proficiency in relating concepts to organizational goals.

Decision-making skills allow managers to make quick and accurate decisions. A marketing manager will correctly identify strategies to make a marketing campaign successful if they have good decision-making skills.

Employment-at-will allows the employer to fire for any reason, but the employee cannot leave without notice.
True
False

Answers

Answer:

Very extremely true

Use of a computer-based system to transfer money from the drawer's account to the payee's account is called a(n)


None of these

Automatic Withdrawal

Online Banking

Electronic Funds Transfer

Answers

Answer:

It's an electronic funds transfer.

Explanation:

Online banking would make no sense it would say a whole different story , automatic withdrawal would make no sense also , so therefore it is Electronic funds transfer

state two differences between savings and investment

Answers

Answer:

Savings: is setting aside money so you dont need to spend your money for anything, only for emergeincies. Investment: is when you are buying stocks or bonds your are making an investment.

Answer:

Saving is setting aside money you don't spend now for emergencies or for a future purchase. ... Investing is buying assets such as stocks, bonds, mutual funds or real estate with the expectation that your investment will make money for you. Investments usually are selected to achieve long-term goals.

Explanation:

On October 29 of the current year, a company concluded that a customer's $4,400 account receivable was uncollectible and that the accounts should be written off. What effect will this write-off have on this company's net income and total assets assuming the allowance method is used to account for bad debts

Answers

Answer:

No effect on the net income , no effect in total assets

Explanation:

In the context, it is given that an amount of $ 4,400 of a customer was uncollectible and the so the account would be written off.

So when the account receivable written off , then the entry of the account will be the allowance for doubtful accounts debited and the account receivable will be credited.  So there will be no effect on the assets and there is no effect on the net income.

which of the following is not an element of structural quality in child care programs

Answers

Answer:

The correct answer is ''Parent-caregiver relationships.''

Suppose a consumer buys a frozen cheese pizza at the grocery store at a price of $10. The frozen pizza company sold the pizza to the store for $5. The frozen pizza company purchased the pizza dough and tomato sauce from a food processing company at a price of $2 and bought the cheese from a dairy at a price of $1. How much has GDP increased

Answers

Answer:

Only the market value of new finished goods are included in the GDP, so $10 would be added.

Explanation:

Imagine a company that produces furniture. If we would include the wood, the nails, the wood paint, etc., were included in the calculation plus the furniture itself, you would be double-counting the cost of the manufactured furniture. If you consider waste materials, then you would be adding even more costs. That is why you only consider finished goods.

Global marketing strategies are essential for 21st century businesses,
True
False

Answers

Answer:

True because the 21 century is adding more technologies over the years and as time goes by you need more strategies

Explanation:

Isksosiaisiwiwiw true

Click this link to view the OOH educational information for Roofers. According to the OOH, what are some educational, training, certification, or licensing options required or helpful for Roofers? Check all that apply. bachelor’s degrees on-the-job training apprenticeships high-school biology, chemistry, and physics classes high-school math, shop, mechanical drawing, and blueprint-reading classes an associate degree specializing in writing

Answers

Answer:

2,3,5

Explanation:

I had the same thing and got it right (one wrong)

Answer:

2 3 5

Explanation:

Which qualities of the voice are described below?
Proper ____ involves speaking clearly and not mumbling. Good _____
means using acceptable stress patterns
Proper
when saying words.

Answers

Answer: articulation; pronunciation

Explanation:

Proper articulation involves speaking clearly and not mumbling. Also, good pronunciation means using acceptable stress patterns when saying words.

Someone who is articulate wwn speaking is able to speak well, clearly and distinctly. This is important so that listeners can be able to differentiate between the words that are said and also get the message that is passed. Good Pronunciation simply means the standard and appropriate way to say a word.

What are the benefits temporary employment offer employers?

Answers

1. They usually don't have to pay for thr insurance of the worker.

2. They can generally sack the worker out when there is no work.

3. The workers don't generally get pensions.

Explain one advantage of adopting a centralised structure

Answers

Answer:

Centralized organizations are typically more efficient as far as assuring that a business decision made at the top is passed down through the organization. The CEO or other high-level company official passes a decision or policy to the next level down and this information is passed on down level by level.

Explanation:

Some advantages of central purchasing include reducing redundant work, lowering costs associated with training and supporting additional staff, and better control. Some disadvantages of central purchasing include increased complexity, delayed deliveries, and forgone local discounts.Advantages of a centralised management structure include: consistency across the business. the business has a clear direction. operations and decisions are closely controlled and managed.

Which type of budget indicates more expenses than income?
a deficit budget
a balanced budget
a debt budget
an equity budget

Answers

Answer:

a deficit budget

Explanation:

A budget is a plan showing how an individual or an institution will spend its income. It shows the expected income and the details of planned expenditure.  A budget is prepared at the beginning of a period. Ideally, the income side and the expenditure side of a budget should balance.

In some cases, the planned expenditure exceeds the projected income, indicating a shortage of income. Such a budget is called a deficit budget.

A bank can offer which of the following


Checking Account and a Savings Account

Tax Bills

Checking Account

Checking Account, Savings Account, Safety Deposit Box

Answers

It’s option 4
......................

What is the exclusive cause of action against your employer if you are injured while working? A. Contractual Liability B. Negligence C. Workers’ Compensation D. Respondeat Superior

Answers

Answer:

C. Workers’ Compensation

Explanation:

Workers compensation is the benefit that provided by the company to its employees who get sick or injured while working. It could be disability, death, etc. ALso it decrease the work liability for work related injuries

So as per the given situation the exclusive cause of action in the case when you are injured while working is the worker compensation

hence, the option c is correct

he _____________, fill in the blank, of an item is the amount the concession owner paid for the item plus the cost of paying concession stand workers to prepare and serve it.

Answers

Answer:

Cost

Explanation:

The cost of an item represent the value in which the concession paid by the owner for the item. In addition to this, the concession cost would stand the workers to prepare and serve it

So according to the given situation, the cost would be considered and relevant too

So here in the place of the fill of the blanks the cost would come

a.)what is H-pilorie disease cause by(dunno spelling sorry)b.)can it kill​

Answers

Answer:

Helicobacter pylori (H. pylori) infection occurs when a type of bacteria called Helicobacter pylori (H. pylori) infects your stomach. This usually happens during childhood. A common cause of peptic ulcers, H. pylori infection may be present in more than half the people in the world.

The wraparound approach seeks to help people through complex life problems as they go through four phases, including engagement team preparation, plan development, plan implementation, and _____.


transition
guilt
premonition
denial

Answers

Premonition sounds about right

Based on the spreadsheet below, which of the following is a true statement? a. The net cash flow is negative. b. The net cash flow is zero. c. The net cash flow is positive. d. The net cash flow can’t be determined.

Answers

Answer:

c. The net cash flow is positive.

Explanation:

A net positive balance occurs when the total cash inflow exceeds total cash outflows.  Inflow is cash coming in, while outflow is cash leaving the business. In a business, sales represent cash inflows, while expenditure represents cash outflows.

In this case, the sales total to $1,600 while expenses are $1,490. The net cash flow is the difference between the inflows and the outflows. Here, the difference is a positive $110.

Answer:

c

Explanation:

HELP IM BEGGiNG YALLL

At what point in the process can you choose whether you want the pasted text to inherit the formatting of its destination?

when you are editing paste items on the Clipboard
when you are pasting the text
when you have selected text with the Mini Toolbar
when you have the Font dialog box open

Answers

Answer: When you are pasting the text

Explanation: I don't know, but it says so when you search it :)

Answer: B. When you are pasting the text. Hope this helps!

Do you think it makes sense for the government to alter prices in a market using price ceilings (such as rent control) and price floors (such as minimum wage or maintaining a high price for agricultural products)? Explain.

Answers

Answer:

As a government this isn't unusual. Unfortunately agricultural is and minimum wage is the issue

Answer:

As a government this isn't unusual. Unfortunately agricultural is and minimum wage is the issue

Explanation:

Dividing tasks among the most well-trained employees is called *

A)division of labor
B)favoritism
C)desperation
D)division of training

Answers

Answer:

Division of labor is the answer

Joshua and Tammy just purchased property with an ARM mortgage. What is true?

There is collateral.
They have a non-secured loan.
Their interest will be fixed.
They cannot make a down payment.

Answers

Answer:

There is collateral.

Explanation:

The house is the collateral for the mortgageIf there, there collateral then it's a secured laodARM = Adjustable Rate Mortage.  Interest rate can change over the life of the laodARM is a mortage and almost every mortage requires a down payment.

In a condition when Joshua and Tammy just purchased property with an ARM mortgage, then there is a collateral. Therefore, the option A holds true.

What is the significance of a collateral?

A collateral on a mortgage or a loan can be referred to or considered as a securitization of assets in the hands of the lender in order to get the amount of loan desired by the customer. A mortgage is necessarily accepted only when there is a collateral for the lender's security.

In the above condition, Joshua and Tammy have opted for an ARM mortgage. As a result, there will be a requirement of collateral for the lender who has lent them the amount for purchasing a property jointly.

Therefore, the option A holds true regarding the significance of a collateral.

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please hurry

Most community colleges are _____ or have an open-door policy.

non-competitive
elite
unlocked
competitive

please explain

Answers

Answer:

non-competitive

Explanation:

Most community colleges have an open admission policy. It means that anyone who applies to join a community college will be admitted. The requirement to join a community college is a high school diploma.

The open admission policy implies that the community colleges do not emphasize the grades obtained in high school. An early application increases the chances of one getting accepted in their preferred courses.

Answer:

it is non-competitive

Explanation:

I just took an exam and got it correctly! hope this helps :)

Why does the business cycle affect output and employment in capital goods industries and consumer durable goods industries more severely than in industries producing consumer nondurables

Answers

Answer: the quantity and quality of purchases of nondurables will decline, but not as much as will purchases of capital goods and consumer ...

Explanation:

1. How much is $4,000 that you will receive in one year worth today if you could earn 7
percent on the money?

Answers

Answer:

$3,738.31

Explanation:

The present value of $4,000 at 7 % interest.

The formula for present value as below

PV = P × 1 −( 1 + r) ^ −n

  r

Where Pv is present value

P is principal amount: $4000

r is interest rate: 7% or 0.07

N is number of periods: 1

Pv = $4000 x 1 - ( 1 + 0.07)^ -1

          0.07

Pv = $4,000 x 1-(1.07)^-1

      0.07

Pv = $4,000 x( 1 -0.9345794/0.07)

Pv =$4,000 x( 0.0654206/0.07)

Pv = $4,000 x 0.93458

Pv = $3,738.32

Which statement describes the effect of taxes on a traditional 401(k) retirement account?
A.
A traditional 401(k) is tax exempt because the income earned isn't taxed until the money is withdrawn.
B.
A traditional 401(k) is a taxable account because the income earned is taxed when it is contributed.
C.
A traditional 401(k) is tax deferred because the income earned isn't taxed until the money is withdrawn.
D.
A traditional 401(k) is tax exempt because the income earned is never taxed.

Answers

Answer:

A traditional 401(k) is tax deferred because the income earned isn't taxed until the money is withdrawn.

Explanation:

A 401 k is a qualified tax-advantaged saving retirement plan. Usually, 401K  plans are employer-sponsored. Employee contributions to the 401 k plans are deducted from the payroll before taxes are calculated. It means the employee contribution is not taxed at the time it's withheld by the employer.

The amounts saved are invested in market securities such as shares and bonds. The tax due from earning from the investment is deferred to the time of withdrawal. The employee is not required to pay taxes on contributions and investments earning every financial year.

The actual unemployment rate in the economy is 9%. If the natural rate of unemployment is 5%, then we are certain that the: * 10 points A. frictional unemployment rate is 4%. B. cyclical unemployment rate is 4%. C. structural unemployment rate is 4%. D. cyclical unemployment rate is 14%. E. cyclical unemployment rate is 5%.

Answers

Answer:

B. cyclical unemployment rate is 4%

Explanation:

Unemployment rate refers to the percentage of the total labor force in an economy, who are unemployed but seeking to be gainfully employed.

Basically, unemployment rate is divided into various types and these include; cyclical unemployment rate (CU), frictional unemployment rate (FU), structural unemployment rate (SU), Actual unemployment rate (AU) and Natural Rate of Unemployment (NU).

In this scenario, the actual unemployment rate in the economy is 9%. If the natural rate of unemployment is 5%, then we are certain that the cyclical unemployment rate is 4%.

[tex] Cyclical \; unemployment \; rate (CU) = Actual \; unemployment \; rate (AU) - Natural \; unemployment \; rate (NU) [/tex]

[tex]CU = AU - NU[/tex]

Substituting into the equation, we have;

[tex]CU = 9 - 5[/tex]

Cyclical unemployment rate = 4%

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