-Refer to the Above Graph to Answer This Question

question 122

Multiple Choice

-Refer to the above graph to answer this question.If buyers of this product were subsidized by an amount equal to the external benefits,what would be the equilibrium price and quantity?

• A)$30 and 500.
• B)$40 and 800.
• C)$50 and 700.
• D)$50 and 900.
• E)$60 and 800.

Comprehend the requirements and methods for accounting for donated goods and services in not-for-profit organizations.

Identify the purposes of using an encumbrance system in budgeting and accounting for not-for-profit entities.

Apply knowledge of differences between not-for-profit organizations and business enterprises in financial reporting.

Analyze specific situations for not-for-profit organizations and recommend appropriate accounting treatments.

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Definitions:

Environmental Justice

Ensuring that people, no matter their ethnicity, color, country of origin, or financial situation, are treated fairly and play a meaningful role in the formulation, enforcement, and carrying out of policies, laws, and regulations related to the environment.

Environmental Racism

The practice of placing environmentally hazardous sites near marginalized communities based on race or socioeconomic status.

Smart-Growth

An urban planning and transportation theory that focuses on sustainable development and environmental protection.

Bystander Effect

A phenomenon within social psychology where individuals become less inclined to assist a victim when there are other bystanders around.