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.
Based on the amount that Savion would have to spend additionally, he should sell the car now because he would make more profit.
<h3>Why should Savion sell the car now?</h3><h3 />
If Savio makes additional work on the car, the profit would be:
= 5,800 - 2,400
= $3,400
This is as opposed to the $3,800 he could make from selling the car at $3,800 so the best thing to do is to sell the car.
Find out more questions on incremental costs at brainly.com/question/15279458.
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Answer:
(B) multicollinearity is present.
Explanation:
Multicollinearity -
It is the process where , one of the predictor variable in the multiple regression model can be linearly predicted from the others with the substantial degree of accuracy , is known as multicollinearity or collinearity .
<u>In this case , the coefficient estimated of the multiple regression can change erratically for even a small change in the model .</u>
hence , from the question , the indication is of (B) multicollinearity is present .
Answer: net operating income
Explanation:
Answer:
the amount that willing to pay is $44,591.11
Explanation:
The computation of the amount that willing to pay is as follows:
The Present Value of an Ordinary Annuity is
= Amount × [{1 - (1 ÷ (1 + rate of interest)^n} ÷ rate of interest]
= $1,000 × [{1 - (1 / (1 + 0.065 ÷ 4)^100} ÷ 0.065 ÷ 4]
= $44,591.11
Hence, the amount that willing to pay is $44,591.11
We simply applied the above formula so that the correct value could come
And, the same is to be considered
