The Evangeline Company makes two products, X and Y, from a common input, Z. In March, Evangeline used30,000 pounds of Z to make 20,000 pounds of X and 10,000 pounds of Y. The cost of Z was $1.00 perpound and X and Y can be sold for $7.50 and $10.00, respectively; Evangeline incurred additionalprocessing costs of $30,000 to further process X and $20,000 to further process Y. Using the net realizablevalue method, how much of the cost of Z should be allocated to X?a. $16,000b. $18,000c. $20,000d. $22,000e. None of these

As the inventor of hypertension medication, onesure pharmaceuticals (osp) inc. was able to reap the benefits of economies of scale due to a large consumer demand for the drug. even when competitors later developed similar drugs after the expiry of osp's patents, regular users did not want to switch because they were concerned about possible side effects. which of the following benefits does this scenario best illustrate? a. first-mover advantages b. social benefits c. network externalities d. fringe benefits

Tariffs and quotas are often imposed when a government is more responsive to interests, and the benefits of those trade restrictions are often ; concentrated producer; widely dispersed consumer; widely dispersed consumer; concentrated

Suppose that a candy maker owns a building and is renting part of the building's space to a doctor. further suppose that because the candy maker is the owner, he has the right to make noise during the day while he makes candy. while the doctor cannot insist on a quiet environment, the doctor could move to a quieter building. however, rent in the next best building is $350/month more than rent in the noisy building. the candy maker can adopt a new technology that eliminates the noise for $275/month. given this situation, can the doctor find a private solution with the candy maker that will make both better off?