Corporate bylaws help us to determine how a corporation regulates itself.
Hence, Option B is correct
Corporate bylaws are a set of legally binding guidelines created by a corporation to direct its internal management. They are also referred to as company or business bylaws. Company policies are outlined in corporate bylaws, such as: directors', shareholders', and officers' rights and obligations.
The person (or people) who started the incorporation process is referred to as the "incorporator." Alternatively, the board of directors of the newly formed corporation may write (or formally adopt) the bylaws as one of its first actions.
The bylaws of a corporation, also known as the "company bylaws" or "just the bylaws," are a legally binding document that outline the important guidelines and rules that direct the corporation's daily operations. These rules ensure a corporation runs smoothly, efficiently, and effectively by outlining the procedures management must adhere to.
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if the interest rate is 10% per year over 10 years, what is the present value discount factor? g
The present value discount factor for an interest rate of 10% per year over 10 years is 0.383.
The present value discount factor is the ratio of the present value of an amount to its future value. It helps to calculate the present value of a cash flow that will occur in the future. It can be calculated by using the formula: 1 / (1 + r)^n where "r" is the interest rate and "n" is the number of periods.
In this case, the interest rate is 10% per year and the number of periods is 10 years. So the formula would be: 1 / (1 + 0.1)^10 = 0.383. It means that if the cash flow is $1, the present value of that cash flow at the interest rate of 10% over a period of 10 years is $0.383
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1. What could the twin sisters have done differently? 2. Should Hanson have targeted more than $10,000? 3. In both cases, were the financial results worth the effort? 4. What would you do differently if you were to run a crowdfunding campaign?
Twin sisters could have used analytics and other tools provided search engine and Hanson shouldn't have targeted for more because believable goal is the better goal for a business.
Additionally, analytics are used to track the visits of different people. Additionally, I would prepare the post-scaling plans and include them in the video so that the investor could assess the viability of the concept.The effort put forth to raise the cash was not worthwhile because the net amount raised was small. Other intangible benefits of this effort could include concept testing for the company from an unidentified audience, which could serve as knowledge for bettering the product or business concept. Additionally, it results in the establishment of a campaign that could be employed in the future, creating value that might extend beyond just the crowd fundraising campaign.To learn more about analytics click here
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Which of the following choices is true of both perfectly competitive firms and monopolistically competitive firms?
A. Barriers to entry
B. Homogenous products
C. Normal profits in the long run
D. Excess capacity
E. Price-setting behavior
Normal profits in the long run are true of both perfectly competitive firms and monopolistically competitive firms. Here option C is the correct answer.
In a perfectly competitive market, firms are price takers, meaning that they must accept the market price for their goods and services. In this market structure, firms are able to earn only normal profits in the long run.
Normal profits are equal to a firm's explicit and implicit costs, and it represents the minimum return necessary to keep a firm in business.
In a monopolistically competitive market, firms have some degree of market power, meaning that they have the ability to influence the market price of their goods and services. However, they still earn only normal profits in the long run.
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question 8 a company is receiving negative comments on social media about their products. to solve this problem, a data analyst uses each of their five analytical skills: curiosity, understanding context, having a technical mindset, data design, and data strategy. this makes it possible for the analyst to use facts to guide business strategy and figure out how to improve customer satisfaction. what is this an example of? 1 point data science gap analysis data visualization data-driven decision-making
This is an example of data-driven decision-making. Data science, gap analysis, and data visualization are all approaches that use data to help inform decisions.
In this case, the data analyst is using their analytical skills to collect data and use it to inform a decision about how to improve customer satisfaction. By doing so, the analyst is able to make an informed decision about how to address the negative social media comments.
Data science is a discipline of study that combines subject-matter knowledge, programming abilities, and competence in math and statistics to draw forth important insights from data.
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What determines the type of economic system a country had?
The type of economic system a country has is determined by a variety of factors such as its resources, size, population, geography, technology, and political and social structure.
Depending on the mix of these factors, a country can have a market economy, a centrally planned economy, or a mixed economy.
A market economy relies on the free market to determine the price and production of goods and services, while a centrally planned economy has the government making decisions about production and prices.
A mixed economy combines elements of both of these systems. For example, the government can be involved in some aspects of the economy while allowing the free market to determine others.
The type of economic system a country has is determined by a number of factors, including its natural resources, its political environment, its level of technology, and its culture and traditions.
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true or false: an import quota on japanese cars decreases both the price and quantity of japanese cars sold in the united states. at the same time, the price and quantity demanded of american-made cars increases.
A Japanese auto import limit lowers the cost and volume of Japanese vehicles sold in the US. The cost and quantity of American-made autos are in greater demand concurrently. It is real.
How much is the equilibrium price?The point where the supply and demand curves intersect on a graph denotes the equilibrium (S and D). Consumer and producer desires only align at equilibrium, or when there are an equal number of the good.
Does the price change as a result of an import quota?In the event of a large country, an import quota will result in a decrease in the foreign price and an increase in the domestic price. A quota rent is the differential between domestic and foreign prices following the implementation of the quota.
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a signature or stamp on the back of a check, transferring ownership.
Endorsement is a signature or stamp on the back of a check, transferring ownership.
The signature or stamp on the back of a check is an important element of the check-cashing process. This signature or stamp acts as a guarantee from the bank that the check is valid and can be cashed. It also serves as a form of authentication, verifying that the check has been issued by a legitimate financial institution. The signature or stamp also serves as a security measure, as it prevents someone from altering the check without the bank's knowledge.
Additionally, the signature or stamp serves as a record of the transaction, allowing the bank to trace the check back to the original account holder if necessary. In short, the signature or stamp on the back of a check is an essential part of the check-cashing process, providing both
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which of the following is a positive statement? group of answer choices my economics class should last for two terms because it is my favorite class. a 10 percent increase in income leads to a 4 percent increase in the consumption of beef. the class average on this test should be more than 80 percent. taxes should be lower because then people get to keep more of what they earn, so they will work more. given their negative impact on productivity, the government should eliminate labor unions.
The answer is: "My economics class should last for two terms because it is my favorite class."
This is a positive statement because it expresses a desire for the class to last for two terms, which implies that the speaker enjoys the class.
They are merely assertions made by the speaker or writer that they take to be true. Maybe they're correct, maybe they're incorrect. The idea is that positive, or affirmative, words convey information in a matter-of-fact manner, but negative statements convey false information.
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Majka Company was started on January 1, Year 1. During Year 1, the company experienced the following three accounting events: (1) earned cash revenues of $28,600, (2) paid cash expenses of $13,200, and (3) paid a $1,500 cash dividend to its stockholders. These were the only events that affected the company during Year 1. Required a. Record the effects of each accounting event under the appropriate general ledger account headings. (Enter any decreases to account balances with a minus sign. ) b-1. Prepare an income statement dated December 31, Year 1, for Majka Company. B-2 Prepare a statement of changes in stockholders’ equity dated December 31, Year 1, for Majka Company. (Amounts to be deducted should be indicated with a mius sign. ) b-3 Prepare a balance sheet dated December 31, Year 1, for Majka Company
The process of recording the effects of accounting events in the appropriate general ledger account headings is crucial for a company to accurately reflect its financial status.
In the example provided, three events were recorded in the general ledger: cash revenues of $28,600, paid cash expenses of $13,200, and a cash dividend of $1,500 paid to stockholders. The first event, cash revenues, was recorded by debiting the Cash account for $28,600 and crediting the Revenues account for the same amount. This ensures that the cash received is properly reflected in the company's financial records.
The second event, paid cash expenses, was recorded by debiting the Expenses account for $13,200 and crediting the Cash account for the same amount. This shows that the company has incurred expenses and paid them using cash.
The third event, the cash dividend paid to stockholders, was recorded by debiting the Cash account for $1,500 and crediting the Dividends account for the same amount. This indicates that the company has distributed a portion of its profits to its shareholders.
Based on these events, an income statement, statement of changes in stockholders' equity, and balance sheet were prepared. The income statement shows revenues and expenses, resulting in a net income of $15,400. The statement of changes in stockholders' equity reflects the retained earnings and dividends of the company. Lastly, the balance sheet displays the assets, liabilities, and stockholder's equity of the company, with cash assets of $14,100 and retained earnings of $13,900
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iris company has provided the following information regarding two of its items of inventory at year-end: there are 125 units of item a, having a cost of $25 per unit, a selling price of $29 and a cost to sell of $6 per unit. there are 75 units of item b, having a cost of $55 per unit, a selling price of $61 and a cost to sell of $4 per unit. how much is the ending inventory using lower of cost or net realizable value?'
$4,3000 is the ending inventory using lower cost or net realizable value.
A valuation approach called net realisable value (NRV), which is popular in inventory accounting, takes into consideration the amount of cash an asset can bring in from sales less an estimate of the charges, fees, and taxes related to that sale or disposal.
NRV is calculated as expected selling price minus total manufacturing and selling expenses. Use $35 for the price and the projected selling price, for instance, if a business lists things for $50 but anticipates that they will only sell for a discount of $35.
The worth of an asset that is sold after deducting all associated costs is known as the asset's net realizable value. The actual sale value less the expenses associated with manufacturing and marketing the product is the net realisable value.
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Why good credit score is important?
If you have a high credit score, it will be simpler for you to get grants since you would be considered as a reduced risk. The fact that you will have to pay back your debt with lower interest rates is more important.
An expression in numbers called a credit score is used to rate a person's creditworthiness. It is based on a thorough review of their credit reports. A credit report, which is often received from credit agencies, makes up the majority of a credit score.
Lenders, like banks and credit card companies, use credit scores to assess the risk associated with lending money to consumers and to lower losses brought on by bad debt.
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the process of keeping the financial records of a business is known as
The process of keeping the financial records of a business is known as bookkeeping. It involves maintaining accurate and up-to-date records of a company's financial transactions including sales, purchases, income, and payments by an individual known as a bookkeeper. It is an essential part of accounting and financial management in any business.
The purpose of bookkeeping is to provide financial information that is accurate, timely, and relevant to decision-makers in the organization. This information is used to prepare financial statements and reports, such as income statements, balance sheets, and cash flow statements, which are used to assess the financial performance of the business.
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How did the Supreme Court rule on affirmative action in the case of Regents v Bakke?
According to the Supreme Court's Bakke (1978) decision, a university's use of racial "quotas" in the admissions process was unlawful, but using "affirmative action" to admit more minority applicants was lawful in Brown v. Board of Education cases.
In Brown v. Board of Education of Topeka, 347 U.S. 483, the U.S. Supreme Court made a key decision, holding that state laws requiring racial segregation in public schools are unconstitutional, even if the segregated schools are otherwise equal in quality. The Plessy v. Ferguson case from 1896, which had held that racial segregation laws did not violate the U.S. Constitution as long as the facilities for each race were of comparable quality and gave origin to the expression "separate but equal," was largely overturned by the decision. The Brown decision by the Supreme Court allowed integration to take place, was a huge success for the civil rights movement, and provided a model for countless other impact litigation cases in the future.
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which of the following statements about marketing is true? multiple choice a marketing exchange focuses on making a single transaction. marketing only applies to for-profit (not nonprofit) organizations. marketing should begin with the production process followed by potential customer needs. marketing activities are limited to selling and advertising. marketing only occurs when two or more parties are willing to exchange one thing for another thing.
The correct answer is: Marketing only occurs when two or more parties are willing to exchange one thing for another thing.
Marketing is the process of exchanging goods and services between two or more parties. This exchange may involve money, services, or goods, but it must involve an exchange of some kind. When two or more parties are willing to exchange something, then a marketing exchange has occurred. Marketing requires both parties to agree to the exchange and is not limited to just selling and advertising. It begins with identifying the customer needs and then producing or providing the goods or services to meet those needs.
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what is a key difference between how information is weighed for decision making in the four essential management tasks that you read about in the last section and mintzberg's view of management decision making?
Rather than the methodical process of thoroughly considering facts before reaching a choice. Mintzberg argues that management is becoming more chaotic and that rapid choices are becoming more common.
What exactly is the Mintzberg theory?Structures, according to Mintzberg, are generally a product of their period. He claims that basic structures and machine bureaucracy were common in the past when industrialized economies relied heavily on mass production and manufacturing.
Mintzberg observed that managers engage in 10 distinct, highly interconnected roles or sets of behaviours linked to their professions. Talk about each job. Mintzberg observed that managers engage in 10 distinct, highly interconnected roles or sets of behaviours linked to their professions.
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What is the biggest benefit of technology?
Technology provides teachers with an opportunity to connect with their students in a new way. It allows you to open up lines of communication.
What are the 14 technology?
The 14 disruptive technologies identified in Ark Invest's report are AI, blockchain, digital wallets, Internet of Things, mobile enabled devices, battery technology, autonomous mobility, cloud computing, gene sequencing, gene editing, living therapies (genetic tools that create new forms of therapeutic interventions)Technology is the application of scientific knowledge to the practical aims of human life or, as it is sometimes phrased,
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loise inc., a manufacturing company, forecasts that total overhead for the current year will be $19,250,000, and total machine hours will be 350,000 hours. however, the actual overhead is $6,095,000, and the actual machine hours are 142,000 hours. if the company uses a predetermined overhead rate based on machine hours for applying overhead, what is the predetermined overhead rate?
As per the given accounting information, it can be ascertained that the predetermined overhead rate for Loise Inc will be $55 per machine hour.
The calculation of the predetermined overhead rate is done in a way by the use of given values into the known formula. The methods of the same are as shown below.
Predetermined overhead rate = Overheads utilized / Machine Hours
Predetermined overhead rate = 13155000 / 208000
Predetermined overhead rate = 63.2
Therefore, the predetermined overhead rate will be $63.2 per hour.
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why is money not considered to be a capital resource in economics
Money is not considered to be a capital resource in economics because it is not a productive input.
What is capital resource ?
Capital resources are financial resources that a company uses to purchase assets that generate income. These resources include cash, cash equivalents, and other liquid assets, as well as equity investments and long-term debt. Capital resources are necessary to fund the activities of a business, such as investing in new equipment, hiring new employees, and expanding operations. Capital resources are different from operational resources, which are resources needed to run the day-to-day operations of a business, such as labor, materials, and supplies.
In economics, money is not considered a capital resource because it is not a productive input. Capital resources are tangible goods and services that aid in the production of goods and services. Money cannot produce anything on its own and is instead used as a medium of exchange to purchase goods and services.
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Which term applies to the mixture of debt and equity maintained by a firm?
1. Capital structure
2. Cash management
3. Capital budget
4. Net working capital
The correct option is (1) Capital structure.
A firm's capital structure refers to the mix of debt and equity that is maintained by the firm.
Creditors hold a greater percentage of equity than they do debt, which creates a strong incentive for the firm to maintain a high level of equity. This high level of equity can help to prevent a firm from becoming too indebted, which can lead to financial problems.
Capital structure refers to the way in which a company's assets are divided between its liabilities and its equity. The terms "capital structure" and "capitalization" are often used interchangeably, but the two concepts are different. Capitalization refers to the total value of all money and other assets in a company, while capital structure refers to the way in which these assets are divided between liabilities and equity.
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a few years ago, paul bought into a condo conversion. he purchased a unit that was already rented to tina. recently, the new condominium board passed numerous restrictions, including one that states that units in the condominium cannot be rented. how do these restrictions affect paul?
The new restrictions passed by the condominium board will likely have a negative impact on Paul.
The restriction that units in the condominium cannot be rented means that Paul will no longer be able to rent out his unit to Tina or any other tenants.
This means that Paul will lose the income he was receiving from the rental of the unit and will have to bear the costs of maintaining and paying for the unit on his own.
This can be a significant financial burden for Paul, especially if he was counting on the rental income to help pay for the unit. Additionally, these restrictions may also affect the value of Paul's unit.
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a company issues $2,000,000 of par bonds at 97 on january 1, year 1, with a maturity date of december 31, year 30. bond issue costs are $120,000, and the stated interest rate of the bonds is 8%. interest is paid semiannually on january 1 and july 1. ten years after the issue date, the entire issue was called at 103 and canceled. the company uses the straight-line method of amortization for bond discounts and issue costs, and the result of this method is not materially different from the effective interest method. the company should classify what amount as the loss on extinguishment of debt at the time the bonds are called?
The company should classify $200,000 as the loss on extinguishment of debt at the time the bonds are called. This is calculated as follows:
Total par value of the bonds: $2,000,000
Total bond issue costs: $120,000
Total par value + bond issue costs: $2,120,000
Amount paid to extinguish the bonds: $2,060,000
Loss on extinguishment of debt: $2,120,000 - $2,060,000 = $200,000
A bond is a borrower's guarantee to pay a lender their principal amount plus, typically, interest on a loan. Governments, local governments, and businesses all issue bonds.
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You need $27,500 eight year from today. If the compound interet rate i 5% and it’ll be compounded quarterly, how much money do you need to tart with to reach your goal?
You need to start with $19,595.44 to reach your goal of $27,500 in 8 years with a 5% interest rate compounded quarterly.
How much money do you need to tart with to reach your goal?To reach your goal of $27,500 in 8 years, you need to calculate the amount of money you need to start with using the formula for compound interest:A = P * (1 + (r/n))^(nt)Where:A = final amountP = principal amount (the amount you start with)r = annual interest rate (5%)n = number of times the interest is compounded in a year (4 times)t = number of yearsPlugging in the values:A = $27,500r = 0.05n = 4t = 8Rearranging the formula to solve for P:P = A / (1 + (r/n))^(nt)Calculating:P = $27,500 / (1 + (0.05/4))^(4*8)P ≈ $19,595.44So, you need to start with $19,595.44 to reach your goal of $27,500 in 8 years with a 5% interest rate compounded quarterly.To learn more about compound interest refer:
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Users who do not directly run the organization and have limited access to accounting information are called (internal/external) BLANK users.
Users who do not directly run the organization and have limited access to accounting information are called external users.
External users include people or organizations outside of the company such as investors, creditors, suppliers, customers, regulators, and the general public.
They rely on the financial information provided by the organization to make decisions, such as assessing the company's creditworthiness, evaluating the company's performance and potential returns on investment, or determining prices and terms of transactions.
Internal users, on the other hand, are people or organizations within the company such as managers, employees, and owners who have access to more detailed and accurate financial information and use it to make strategic and operational decisions.
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How do I make an Excel spreadsheet shared so multiple users at once?
On the Review tab, click. In the Changes section, select Share Workbook. Click to select Allow changes by more than one user at the same time under the Editing tab. Save the shared worksheet on a network location where other users can access it using the Save As dialog box in Excel .
Spreadsheets like Microsoft Excel use a grid of cells organized in numbered rows and letter-named columns to manage data manipulations like arithmetic operations. To meet the needs of the financial, engineering, and statistical fields, it provides a number of built-in features. Additionally, it can display data as line graphs, histograms, and charts and has a very limited three-dimensional graphical presentation. Data can be segmented to demonstrate how various factors impact it from multiple perspectives. A pivot table is a tool for data analysis. Big data sets are compressed in order to do this utilizing PivotTable columns. It has a programming feature called Visual Basic for Applications that enables the user to employ a variety of numerical techniques, such as those for resolving differential equations in mathematical physics.
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what is the value of zero coupon, $1,000 par value bond, maturing in 6 years if the appropriate discount rate is 8%?
The value of a zero coupon bond is $612.16, if it has a $1,000 par value and matures in 6 years with an 8% discount rate.
The value of a zero coupon bond is calculated by taking the face value of the bond and dividing it by (1 + the discount rate) raised to the power of the number of years until maturity. In this case, the face value is $1,000, the discount rate is 8%, and the bond matures in 6 years. Using these values, the calculation would be: $1,000 / (1 + 0.08)^6 = $612.16. This means that if an investor purchases the bond at its current value, they will receive $1,000 in 6 years, but the bond is worth $612.16 today, so the investor would be paying $387.84 less than the face value of the bond.
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what does it mean if information is cost effective? multiple choice question. information must be able to be understood by users. information should have the ability to have an impact on the decisions of users.
When compared to the prices involved, anything that is cost-effective saves or makes a lot of money. Hence, the correct answer is information should have the ability to have an impact on the decisions of users.
What does it mean to be cost-effective analysis?Cost-effectiveness analysis is a type of economic study in which the relative costs and results of various courses of action are compared. Cost-effectiveness analysis differs from cost-benefit analysis in that the measure of effect is assigned a monetary value. Cost-effectiveness analysis is frequently utilized in the realm of health care, where monetizing health effects may be improper. The CEA is often represented as a ratio in which the denominator is a health benefit from a measure and the numerator is the cost associated with the health gain. Quality-adjusted life years are the most often used outcome measure.
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The hemmings borrowed $3000 for home improvements. They repaid the loan and $600 in simple interest four years later. What simple annual interest rate did they pay?.
5% simple annual interest rate did they pay .
What does compound and simple interest mean?
Simple interest and compound interest are the two methods that can be used to compute interest. The principal, or initial amount of a loan, is used to compute simple interest.
Compound interest is often referred to as "interest on interest" since it is computed using the main amount and the interest that has accrued over the course of previous periods.
Given that:
Principal = $3000
Simple Interest paid = $600
Period = 4 years
Simple interest = principal * rate * time
$600 = $3000 * rate *
$600 = $12000 * rate
Rate = $600 /$12000
Rate = 0.05
Hence, simple interest rate paid = (0.05 * 100%) = 5%
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What causes unemployment to rise fall?
As the labor market falters, the unemployment rate may actually fall if workers give up looking for work, and as the labor market is recovering, unemployment can rise because more people are entering the labor force as they start to look for work again.
What does it mean to be a recovering?
being in the process of overcoming a disorder or shortcoming. a recovering alcoholic. a still-bookish recovering academic with a tendency to live in his head Jon Spayde.
If you like the verb to recover, then you're going to love the adjective recovering — which simply describes something that's returning to a state of health, well-being or former glory.
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How do governments gather support for a war effort on the home front ww2?
Governments use promulgation to acquire moral help, apportioning for supply backing, and giving everybody occupations so everybody could pursue the advantage of the country.
At home, purchasing war securities or investment funds stamps was presumably the most widely recognized method for supporting the conflict. At the point when individuals purchased security or an investment funds stamp, they were loaning cash to the public authority.
To help pay for the conflict, the public authority expanded corporate and individual personal charges. The government's annual assessment entered the existence of numerous Americans.
Food, gas, and dress were apportioned. Networks directed salvaged material drives and planted "triumph gardens." To assist with building the combat hardware important to win the conflict, ladies and Blacks found work as circuit testers, welders, and drivers in guard plants.
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emissions that result from the production of paper are a good example of a negative externality because:
Dioxin pollution created by paper manufacturing is an example of a negative externality since self-interested paper manufacturers will not consider the full cost of the dioxin pollution they generate.
What is the source of dioxin pollution?Dioxins are contaminants in the environment. They are among the "dirty dozen," a collection of hazardous substances known as persistent organic pollutants. Dioxins are a source of worry due to their high toxicity.
Dioxins are mostly industrial byproducts. They are created by a number of incineration processes, such as faulty municipal waste incineration and garbage burning, and can be discharged into the atmosphere during natural events such as forest fires and volcanoes.
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