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2 years ago

Lawrence Reed in his article "The Role of Incentive" states that the best way to curb pollution and misuse of resources is to?

Business

1 answer:

katovenus [111]2 years ago

7 0

Answer:

Like the title of the article states, all economy relayed choices are the results of an incentive or disincentive a potential polluter faces. He gave the example of the Lake Erie, stating that is highly reasonable (although highly unethical) it is polluted, as it is financially efficient to simply dump garbage in the lake, rather than invest in a recycling or waste management system. He also added, that since the lake is a public good, no one will look at the pollution as a serious concern, since it isn't owned by anybody.

All of this implies that a structured, incentive system has to be created in order to curb pollution.

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A currently owned shredder used in a refuse-powered electrical generating plant has a present net realizable value of $200,000 a

Shtirlitz [24]

Answer:

Please attachment .

Explanation:

Please see attachment

7 0

2 years ago

Bachmann Products, Inc., has found that new products follow a learning curve. The first two units have been completed with the f

DaniilM [7]

Answer:

Time needed to complete the 4th unit = 57.80 hours

Explanation:

The learning curve theory states that as the cumulative output doubles the cumulative average time taken till date is reduced to a certain percentage of the previous time. This percentage is called learning rate

Total time = Average time × cumulative number of units

The cumulative average time is determined using the formula below:

Y= aX^b

a - time taken for the first unit produced

b = log LR/Log 2

X- cumulative units till date

Y - cumulative average time taken for X units

LR- Learning rate

LR = 68/80 = 0.85 = 85%

Time needed to complete the 4th unit

= Learning rate × time take for the 2 unit

= 85% × 68

= 57.80 hours

Time needed to complete the 4th unit = 57.80 hours

8 0

2 years ago

Discuss the problems associated with Burberry’s licensing arrangement in Japan. What were the benefits of establishing a relatio

Crazy boy [7]

Answer:

Problems: For details refer below

Benefits: For details refer below

Explanation:

Problems associated with Burberry’s licensing arrangement in Japan

1) Licenser creates potential competitors

2) There is a lower control in licensee

Benefits of establishing a relationship with Sanyo Shokai in the country

1) Less costly as compare to Foreign direct investment

2) Responsibility can be shared with the third party

7 0

2 years ago

Why was friedrich von hayek against government intervention in an economy?

Ray Of Light [21]

The answer top the question stated above is letter D. It would improve the economy's situation.

For Friedrich Von Hayek, less government intervention meant more economic freedom. He believed that if people are free to choose, then the economy runs more efficiently.
Thus, it would improve the economy's situation.

3 0

2 years ago

Read 2 more answers

Ruben is the chief executive officer of a multinational corporation. He manages 15 teams, and the leaders of each team report to

lys-0071 [83]

Answer:

D) bureaucratic control

Explanation:

It seems that in this scenario, Ruben is using bureaucratic control. This term refers to the use of various different rules, policies, authority, documentation, reward systems, and even other formal methods in order to convince and control employee behavior and performance. Which is what Ruben does with his teams of employees by rewarding them if they perform well and taking away their earned leaves if they perform badly.

5 0

2 years ago