Economics, Accounting & Business: Post your doubts here!

SalmanPakRocks

SalmanPakRocks

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amandeep04 said:
I cant study for more than 15 mins. :S
Im clear with the concepts, I just dont know how to study for tom's exam. :|
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I'm done with the revision. Now I was hoping to do past papers but I don't feel like doing them. :p I just hope the paper comes easy. P1 was a bit tricky. :)
 
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issaaa

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Guys im really scared from tomorrow's business exam !! i didnt study well im bored of studying business although i love it :( ,does any one have notes or summary for the chapters??please help !
 
student92

student92

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issaaa said:
Guys im really scared from tomorrow's business exam !! i didnt study well im bored of studying business although i love it :( ,does any one have notes or summary for the chapters??please help !
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please check out the above link
you may find this helpful
 
Hammad Suhail

Hammad Suhail

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amandeep04 said:
What do you mean by 'internalize externality' ?
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The government can legislate to reduce output e.g to reduce noise levels, to limit pollution; the Government can tax firms to try to make their private costs equal the social costs (e.g by taxing leaded petrol more than unleaded) - this is known as internalizing externalities.
 
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issaaa

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ariesfun said:
What are the uses of cash flow forecast?
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it helps the business to check the future cash inflows and outflows and manage its cash not to have cash flow problems or run out of cash,you must elaborate more,i hope this can help :)
 
amandeep04

amandeep04

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Hammad Suhail said:
The government can legislate to reduce output e.g to reduce noise levels, to limit pollution; the Government can tax firms to try to make their private costs equal the social costs (e.g by taxing leaded petrol more than unleaded) - this is known as internalizing externalities.
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The Government wants the firms to reduce output? Isnt that a conflict to one of their objectives?
 
Hammad Suhail

Hammad Suhail

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amandeep04 said:
The Government wants the firms to reduce output? Isnt that a conflict to one of their objectives?
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The government wants to reduce output of that specific good because it has negative externalities. It does this by making them pay for the external cost. Like making the external cost (pollution) a part of their internal cost (by taxing leaded petrol).
 
amandeep04

amandeep04

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Hammad Suhail said:
The government wants to reduce output of that specific good because it has negative externalities. It does this by making them pay for the external cost. Like making the external cost (pollution) a part of their internal cost (by taxing leaded petrol).
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Oh yeah, demerit goods!
 
amandeep04

amandeep04

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Hammad Suhail said:
The government wants to reduce output of that specific good because it has negative externalities. It does this by making them pay for the external cost. Like making the external cost (pollution) a part of their internal cost (by taxing leaded petrol).
Click to expand...
Oh yeah, demerit goods!
 
shahz_h

shahz_h

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