How does the finding of negative operating cash flows affect your confidence in the reliability of the net income amount? E) II and III, Strategies to implement environmental laws and regulations include all of the following except . Democrat supporters? 29. b) government intervention. Estimate with 95% confidence the difference years of education (EDUC) between Democrats He says he will be looking for a new CFO in another year to run Aggressive Corporation along with his other businesses and Matt is just the kind of guy he is looking for. c) reducing efficiencies to zero. Musks takeover of the platform has not only strained the dinner-party metaphor (a new host comes in and dominates the conversation, demanding money from you and accusing the hosts from before of being F.B.I. d. the marginal social cost of production equals the marginal social benefit of the good 12. (6). How do projects serve to allow an organization to realize the components of strategic management? d) A student voluntarily asks a question during class. b) allowing firms with higher costs of polluting to pollute more and firms with lower costs of polluting to pollute less. Instead, he suggests, we use the site as a vibes-detection machine a means of discovering subtle shifts in sentiment within our local orbits; a way to suss out, in an almost postrational way, which ideas, symbols and beliefs pair with one another. But its hard to detect vibes unless you put a signal out there first; theres no way to grasp the thing from outside looking in. 21. c. A neighbor playing his stereo disturbingly loud. If you look at a tweet, its always already encoding audience feedback, Munger points out. C) The United Nations Environment Programme These were the early days of the Big Data era, and the idea was that within all the chatter could be found some hidden rhythm, a form of crowd wisdom. 33. E) Banning the cap-and-trade practice, The genuine progress indicator (GPI) is a more representative measure of the wealth and well-being of a country than gross domestic product (GDP) because GPI . There was a roaster made to look like Han Solo frozen in carbonite ($450) and a Dutch oven with Tatooines twin suns on it (Our Dutch oven promises an end result thats anything but dry unlike the sun-scorched lands of Tatooine; $900). Munger is highly pessimistic about our ability to use Twitter to debate or deliberate anything of importance. Transactions costs. b) supply; right No one even has to do much of anything to make it move. One of Bails chief observations about Twitter is that its prismatic qualities generate a strong effect on users: Its feedback makes very clear who your friends and enemies are. 13. But this is also the man who discovered, lurking within the rot of the two-party system, a strange new shape in the electorate. a. probable cause. Referring to the balance sheet, this net income represents a more-than-acceptable 15% rate of return on assets of$200,000. Price caps. D) Is used by United Nations Development Programme to determine if a program is successful This is an example of . d) The demand curve shifts to the right. Concept by Pablo Delcan. I happen to know about Maxwells Demon only because it makes an appearance in Thomas Pynchons The Crying of Lot 49, a 1966 novella centered on a clandestine communications network that is used by a baffling array of people (anarcho-syndicalists, tech geeks, assorted perverts and cranks) and seems particularly popular in San Francisco. c) Property rights must be known. d. Suppose a firm wants to build a new factory that would add pollution to an already polluted area. provide less flexibility than the command-and-control approach. pay a tax which depends on the amount of pollution created. E) Natural and human resources required for production, Recently the Los Angeles Unified School District adopted a new policy on the use of pesticides in schools. Theres also some data about the heavy users, and though Pew would not approve, lets pretend, for our purposes, that it can be used to make a composite sketch of one. This is a helpful way of thinking about Trump, whose Twitter habit was largely seen as a sideshow, a means of circumventing the press or just evidence of his terrible impulse control. b. Back then, the social internet was a more nave and hopeful place. 0 units Consumers taking external benefits into account will push the demand curve to the right. B. a factory producing air pollution that leads to acid rain in the neighboring forest area. It was all those things, of course. c) decrease Musk has done many things to Twitter, both the app and the business, during his six months as chief executive and owner. Command-and-control legislation, as compared to incentive-based regulation: Example 1: Select All But One Column by Position. But none of us have the power to stop it, either. A government passes a new law allowing only 1,000 tons of pollution per day to be generated and simultaneously sells 1,000 transferable rights to emit one ton each of pollution per day. Which of the following is true? Bail had read research showing that social media has actually given people a more diverse information diet. a price per unit of discharge of pollution. Ss (MSC) includes the costs of that toxicity borne by others. set standards that are applicable to all situations and does not recognize unique circumstances. wear/tear on roads such as potholes. Some people replied directly: are you aware that girls can like star wars too; Willy, get a better imagination, and cut it out with the gatekeeping; Men cook. Why do you think Larry mentioned the potential employment position? d. a positive externality When we talk about the problems created by Twitter, we focus on what happens when people read the wrong sort of post, like disinformation from a malign actor. transaction costs. A. a construction worker purchasing an automobile that reduces his commute time to work. It was the middle of the morning on a Wednesday, a few years back, and I came across news that Le Creuset, the French cookware brand, had made a line of Star Wars-themed pots and pans. 1. d) the price will be set at the socially optimal level of pollution. If a good is produced up to the point where marginal social benefit equals marginal social cost, then: The difference is that instead of the market equilibrium quantity being too much, the market will generate too little of Q. Let's look at an example. \text{Total expenses} & \text{ } & \underline{170,000}\\ One of these people told me, and I dont think he was kidding, that an article of his went viral by fax machine. And though it seems unlikely that Twitter itself will disappear, the powerful mechanism it became over the years the one that made an often unprofitable company so valuable in the first place; the one that allowed a collectively conjured illusion to transform the real world seems to be sputtering and squealing, and all the noise is making it hard to communicate with the demon within. And the tweet is just text, right, and its static.. efficient in the short run, but not in the long run. a. d. the good produces a negative externality a. Dev mows Hillary's lawn and is paid $100 for performing the service. It seems he thinks it might live within his new plaything, and can be dislodged if he turns it upside-down and shakes it just right. b. The logo is green, bubbly and sweaty; it looks like a new flavor of SoBe. According to most estimates, ad spending has plummeted. A newly renovated park. I took a screenshot of the cocottes and uploaded it to the site. Water pollution. d. B) III only If government taxes a firm which pollutes this will: But this journalistic swarming instinct made Twitter an ideal place for activists to get a message out. Twitter could never be just about the outside world or about our internal ones; it would always have to be both. b. d. the government owns it private property rights. itself a form of negative externality. (Like tweeting at PetSmart: if my turtle stops moving after i smoke it out its just sleeping right?) One hashtag that often trended in those days was #tcot, the Top Conservatives on Twitter, and Heck and his friends often found their way there in search of a good time. B) Ecosystem services View questions only. My email records show that I sent a big edit memo to a writer. a) supply; left a. d) The demand curve shifts to the right. His flu vaccination creates a(n): The private consumption of services that generate positive externalities, such as getting a college education, is usually _____ the socially optimal level of consumption. e. the government should produce the good, d. the good produces a negative externality, The socially optimal level of output of a good with an externality occurs when Check out a sample Q&A here See Solution star_border Students who've seen this question also like: a. If the effects of getting a flu shot were taken into account by consumers, this would cause the _____ curve for flu shots to shift to the _____. C) Buying and selling of pollution permits D) An incentive-based approach based on profits 100 units a. This policy assumes that the use of pesticides constitutes a risk to the health of children and the environment. The very first layout looks nearly identical to Craigslist. This is basically a thought experiment about information overcoming the limits of the physical world, so it naturally found fans in the world of computing. Theres a plane in the Hudson, he wrote. Its hard to look back on nearly a decade and a half of posting without feeling something like regret. Joe produces about 65 tweets a month, an average of two a day. Kevin Munger, an assistant professor of political science and social data analytics at Penn State he also happens to be an acquaintance of mine thinks of this confusion as the overhang of the broadcast paradigm in an era when it is no longer relevant. b) Q1 In 2008, it began plumbing its depths to identify trends. These two repellent magnets were fused together and left under the platforms floorboards. b. And, of course, so was the president. Individual will use the commons beyond the socially efficient point. traffic congestion. There was, around this time, an enormous expansion in web media, with BuzzFeed, Vice and others pouring truckloads of venture capital into the field. Bail ran his experiment for only a month; imagine doing this for about a decade. a. includes only the cost to the firm b. the price charged for the good is too high Producers taking external costs into account will push the supply curve to the left. Someone you didnt know existed until five seconds ago? c. Which of the following U.S. laws contributes to sustainability by governing the tracking and disposal of solid and hazardous waste? Its possible the party will stretch on until sunrise, when the more sensible guests will return. 22. d) The demand curve shifts to the right. All of the following are examples of external costs associated with driving a car except Question 3 options: car insurance. If you cant imagine those things, thats about you, not other people.; Showed my son, hes trying to find them to order them now. Aggressive Corporation approaches Matt Taylor, a loan officer for Oklahoma State Bank, seeking to increase the company's borrowings with the bank from $100,000 to$150,000. A random podcaster? 11. Students also viewed 92 terms 16 terms 91 terms 6 24 terms JapaneseWithEvan Teacher . Air pollution Air pollution may be caused by factories, which release harmful gases to the atmosphere. If a plant that employs 1,500 workers is assessed a tax to pay for its pollution costs, the firm will be likely to: Choices (B), (C), and (D) are all examples of externalities. It wasnt long before people got the idea that they could harness Twitters firehose of information to do things like trade stocks one hedge fund, started in 2011, promised 15 to 20 percent returns based on its algorithmic ability to divine market movements. A positive externality occurs when Question 4 options: the private marginal benefits are equal to the social marginal benefits. Film and television stars often discover that celebrity ______ in loss of privacy. Bail was especially curious about the filter bubble, the idea that social media platforms encircle users with opinions they share, causing them to be less amenable to arguments from the other side. What if, Maxwell asked, you had a box split in two by a wall, and a tiny being sitting atop the wall, operating a little door, and this being was clever enough to track individual molecules and know how fast they were moving? One thing Kevin Munger pointed out to me is that Twitter users are running Bails experiment on one another constantly. b. (b) increased pollination rates of surrounding crop plants as a result of local beekeeping. the Internet. b. the firm maximizes its profits All of the following are examples of externalities EXCEPT A. a construction worker purchasing an automobile that reduces his commute time to work. taxed. What needs to occur in order for the Coase theorem to resolve a dispute? c) the price of the permits will be the price at which the supply of permits of one firm will be equal to the demand for permits from the other firm. Like all conversations, its highly context-dependent, and like all good conversations, its guided by the pleasure principle. See Page 1. the good is overproduced and the market is inefficient. Higher prices and a reduction in the consumption of items with high negative impacts. The citizens of Tennessee will pay more to reduce sulfur emissions than if the government used a command-and-control approach. 28. When consumption of a good or service produces benefits or costs that are not reflected in the market price for the good, this is known as a(n): 9. c. Suppose Susan decides to hang her laundry out to dry on a clothesline to save energy, but neighbors complain that it is unsightly. Resource Conservation and Recovery Act (RCRCA). In any event, I no longer have any trouble imagining what Star Wars-Le Creuset customers are like. B . a) Pigouvian If taken into account, demand shifts to the right. Over the last 48 hours, I have made 14 posts. a. Asked 336 days ago|5/12/2022 5:09:12 PM . B. a factory producing air pollution that leads to acid rain in the neighboring forest area. Government regulations that set an environmental goal and dictate how the goal will be achieved are called: Free-rider problems. Thats basically the whole problem right there. Write a sentence explaining its significance to citizenship and the law. For all the time I spent, I didnt even really put that much into it. d) No, because there is no optimal level of pollution in this scenario. c. marginal external cost What Weird Twitter posters had in common, beyond being (mostly) funny, was a special brain damage that granted them access to the hidden frequencies of the internet. \text{Long-term liabilities:} & \text{ } & \text{ }\\ A) Global climate change as a result of greenhouse gas emissions from burning coal, oil, and gasoline The only way to prevent the collapse of the commons is government intervention. a. water pollution b. your roommate going on a diet c. second-hand smoke d. loud conversation in the workplace e. your neighbor building a bomb shelter on her front lawn b. your roommate going on a diet Property rights can be defined and enforced c) the regulator sets the optimal tax rate. Expert Solution Want to see the full answer? 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