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Varvara68 [4.7K]
3 years ago
11

There are several bridges along highway 280 which are free to ride on. This bridge was built and is being maintained by the gove

rnment... not the "free" market. Let's think about why that is the case... The economic logic of government ownership and having a marginal price of 0 (that is, it is free to cross the bridge) is:
Business
1 answer:
Oliga [24]3 years ago
3 0

Answer:

The bridge 's owner has a natural monopoly, and the marginal production cost (letting another car drive through it) is close to nil.

Explanation:

Since building several bridges to compete is inefficient, but building one bridge at a lower average cost to customers would be effective. If the private monopolist builds the bridge it can charge customers exceptionally high prices.

There is a high fixed cost involved with constructing a bridge. Hence constructing a bridge is a mere privilege. Furthermore, there is no extra cost to allow another car to cross the bridge. It means that the marginal cost is zero or closer.

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I need help with number 6 please
Salsk061 [2.6K]

Subtract 1 on both sides. Once you subtract 1 you would get 2/5x=10. Then you would multiply by 5/2 on both sides so you get rid of the fraction. A fraction mulitplied by its reciprocal is always equal to 1 and 10 multiplied by 5/2 is 25. So x=25


3 0
2 years ago
The following is a report from a not-very-efficient BLS survey taker: "There were 105 people in the houses I visited. 26 of them
garri49 [273]

Answer:

1. The labor force = 65 (68 - 3)

2. The working age population = 79 (105 - 26)

3. The number of employed workers = 38 (25 + 13)

4. The number of unemployed workers = 3 (11 - 8)

Explanation:

a) Data and Calculations:

Population in houses visited = 105

Number of children =                 26

Number of adults =                    79 (105 - 26)

Workers with:

Full-time jobs = 25

Part-time jobs = 13        38

Number of retirees =    10

Full-time homemakers   5

Full-time students, +16  12    65

Disabled people =          3  = 68

Unemployed = 11 (79 - 68)

8 0
3 years ago
I accidentally click on the wrong subject sorry... The quality of any writing in a graphic is less important than that in the bo
Elena-2011 [213]

Answer:

False

Explanation:

4 0
2 years ago
Elijah, who is single, is employed as a full-time high school teacher. The school district where he works recently instituted a
Fofino [41]

Answer:

A. Tuition $4,000

B. $8,665

Explanation:

A..Based on the information given the expenses that might qualify as deductions for AGI(ADJUSTED GROSS INCOME) is TUITION

The amount of the expenses that might

qualify as deductions for AGI is the tuition amount of $4,000 reason been that we were told that he spent the amount of $6,600 on tuition and secondly the AGI(ADJUSTED GROSS INCOME limitations are not higher than the unmarried return of the amount of $65,000

b. Calculation to determine How much of these expenses might qualify as deductions from AGI

Tuition$2,600

($6,600 − $4,000)

Add Books and course materials $1,500

Add Lodging $1,700

Add Meals $1,100

($2,200 × 50% cutback adjustment)

Add Laundry and dry cleaning $200

Add Campus parking $300

Add Auto mileage $1,265

(2,200 miles × $.575)

Total deduction from AGI $8,665

Therefore The Amount of the expenses that might qualify as deductions from AGI is $8,665

4 0
3 years ago
Suppose the money supply (as measured by checkable deposits) is currently $850 billion. The required reserve ratio is 20%. Banks
Dmitrij [34]
The proposal was incidental to a plan to require gold certificate reserves be kept behind Federal Reserve notes. No.
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2 years ago
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