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Nikitich [7]
2 years ago
5

Goods that are rival in consumption but not excludable would be considered? a. private goods. b. common resources. c. club goods

. d. public goods.
Business
1 answer:
Fofino [41]2 years ago
5 0

Common resources are rival and non-excludable. Examples of common goods are coal and timber because they can only be possessed or consumed by a single user at one time but access is not restricted.

Common resources are described as non-excludable but competitive goods or resources. As a result, practically anyone can utilize them. However, if one person uses up a shared resource, it becomes less available to other people. When those two traits combine, shared resources are frequently used excessively (see also the tragedy of the commons). Freshwater, fish, timber, grassland, and other resources are a few examples of common resources.

To learn more about Common resources here

brainly.com/question/2099184

#SPJ4

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Which of the following is an example of a cost that varies in total as the number of units produced changes? a.salary of a produ
mel-nik [20]

Answer:

The correct answer is letter "A": salary of a production supervisor.

Explanation:

Variable Costs vary depending on the company's production volume. Variable costs go up when the company produces more goods or services and go down when it produces fewer goods or services. This is compared to fixed costs which do not change in proportion to production volume.

<em>Direct materials, production supplies, commissions, and fees are examples of variable costs. The salary of a production supervisor would fall under this category.</em>

3 0
3 years ago
1. Companies like Uber, Lyft (one of Uber’s main competitors), and Airbnb (an online marketplace that enables people to lease or
mart [117]

Answer:

Globalization has led to the influx of multinationals in many developing and under developed countries. With the advancement of technology this process has increased and influenced many industries.

Uber is providing convenience to its users to fill the gap between the service provider and service user through a platform

This platform has led to bridge the gap between the user and seller of service.

This convenience can be used not only in the transportation of consumer but can also be used in carrier pick ups. Delivery of foods and mails etc.

It can also be used across industries like in medical industry to provide emergency ambulances. Bridging the gap between medical assistance by providing medical services through apps connecting doctors and patients.

It is being used in freelancing industry as well. To provide a platform for provider of service and consumer.

However in entering into different industries the legal aspects are to be considered to avoid any backlash.

5 0
4 years ago
swift Oil Company is considering investing in a new oil well. It is expected that the oil well will increase annual revenues by
lianna [129]

Answer: 25.22%

Explanation:

Given that,

Annual revenue = $134,000

Annual expenses = $76,000

Oil well cost = $449,000

Salvage value = $11,000

Annual net income = Annual revenue - Annual expenses

= $134,000 - $76,000

= $58000

Average Investment = \frac{449000 + 11000}{2}

= $230000

Annual rate of return =  \frac{58000}{230000}\times100

= 25.22%

4 0
4 years ago
Who are the three principal team members involved in the creation of a new building? what are their respective roles?
muminat

The three principal team members that are involved in creating a new building are the following—an engineer, a general contractor or builder and an architect. The engineer will make sure the building’s structure, foundation and the point of view, systematically. The architect will be the one who will design and provide ideas in having the building to be formed and the general contractor are the ones who will craft and build the building.

6 0
4 years ago
You are trying to decide which of two automobiles to buy. The first is American-made, costs $3.0500 x 104, and travels 28.0 mile
siniylev [52]

Answer:

Both cars(American and European) must travel 8,060 kilo metres each during their lifetime for the total cost(purchase cost + fuel equivalent) to be equivalent

Explanation:

With regards to the above, the cost equation for both cars will be equated together.

Furthermore, we will convert gallons into litres while also converting miles into kilometers.

Since 1 gallon has 3.785 litres; 1 mile also has 1.609 kilo metre, hence milage of the first car in kilo metre per litre would be ;

Milage American made = [ 28 miles × 1.609 ] / 3.785

= 11.90 kilo meter per litres.

Cost of Gas per litre = $3 per gallon / 3.785

= 0.79 per litre

Gas cost per kilo metre(American made) = 0.79 per litre / 11.90

= 0.066 per km

Gas cost per kilo metre(European made) = 0.79 per litre / 19.0

= 0.042 per km

We can sum up the equation of first car which is American made( Purchase price + Fuel cost)

We can make a be the number of kilo metres where total cost for both cars would be equal.

Total cost = 317.2 + 0.066a

Also, the total cost equation - purchase price + fuel cost of European car is represented as;

Total cost = 510.64 + 0.042a

317.2 + 0.066a = 510.64 + 0.042a

Collect like terms

0.066a - 0.042a = 510.64 - 317.2

0.024a = 193.44

a = 8,060 kilo metres

Therefore, both cars(American and European) must travel each 8,060 kilo metres in their life time for the total costs( purchase cost + fuel cost) to be equivalent.

5 0
4 years ago
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