- When deciding how to use resources, you need to evaluate the costs and benefits of each

Suppose that a small county is considering adding a guard rail to a dangerous curve by a river. The guard rail will cost $70,000

hram777 [196]

Answer:

do not Install guard rail because the guard rail cost exceed the expected benefits

Explanation:

given data

guard rail cost = $70,000

average damage = $10,000

guard rail prevent = 5 vehicles

to find out

What should the county do

solution

we know here guard rail cost is $70,000

but expected benefits = $10,000 × 5

expected benefits = $50,000

so we can say that do not Install guard rail because the guard rail cost exceed the expected benefits

5 0

3 years ago

During later project stages, as pressures to meet project schedule goals increase, the culture of the project is more conducive

Vikki [24]

The statement above is FALSE.
During later project stages, .........................., the culture of the project is LESS conducive to making changes in work progress.
When a project is drawing to a close, it becomes relatively difficult to make important changes to the project plan. At this stage, any change in plan that is effected will be much costly compare to if the change has been made in the earlier stages.

7 0

3 years ago

What combination of proposals would you choose given the $5,000 the school has to spend?

Brut [27]

The combination of proposals would you choose given the $5,000 the school has to spend is a playground for use in physical education, kindergarten instructors, and Math. This is further explained below.

<h3>What is physical education,?</h3>

Generally, Physical education and games are often taught in schools.

In conclusion, Because the first investment will ensure that each student's physical health is taken care of, and the second investment will ensure that each student has a solid foundation in mathematics, both of these are equally important.

Read more about physical education,

brainly.com/question/17240469

#SPJ1

5 0

2 years ago

An office building and its equipment are insured to $7,100,000. The present annual insurance premium is $0.85 per $100 of covera

andrew11 [14]

Answer:

a) 14.74%.

b) 13 years

Explanation:

a. Find the rate of return if the sprinkler system is installed.

P = -$18,000 - $360(P/A,i,20) + ($0.45)($7,100)(P/A,i,20)

= (P/A,i,20)=18000/2835 = 6.35

= $\frac{(1+i)^{20} -1 }{i(1+i)^{20}}$ = 6.35

Solving for i we get,

i =14.74%.

b. With interest at 12%, find the payout period for the sprinkler system.

P = -$18,000 - $360(P/A,12%,n) + ($0.45)($7,100)(P/A,12%,n)

(P/A,12%,n) = 18000/2835 = 6.35

= $\frac{(1+0.12)^{n} -1 }{0.12(1+0.12)^n}$ = 6.35

Using numerical solving to find the real roots of this equation (using a calculator, or Excel), we get n≅12.67 = 13 years. This means the payout period is about 13 years.

7 0

3 years ago

Seven business functions that may be found in your supermarket

just olya [345]

A seven business functions that can be found in the supermarket can namely be the following; human resources, marketing, advertising, sales, computing, accounting and purchasing as they are important for a business to be kept going that is why they are named as business functions.

7 0

3 years ago