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Bumek [7]
4 years ago
11

The Pennsylvania Turnpike is a tolled freeway running through the state of Pennsylvania. Motorists must pay tolls at various poi

nts along the Turnpike based on the distance they traveled on the freeway. Suppose that despite the tolls, many motorists in the urban areas use the Turnpike causing traffic to slow during peak times. What type of good would the Turnpike be classified as in this case?
Business
1 answer:
slamgirl [31]4 years ago
4 0

Answer: Private good

Explanation:

  According to the given scenario, the Pennsylvania Turnpike is classified the private type of good on the basis of given situation as private good is one of the type of goods that must be purchased by the customers due to its positive advantages or benefits.

The private goods are consumed by the customer in maximum amount in the market as it is one of the essential type of good as it is Rivalry and excludability.  

The following are some example of the private goods are as follows:

  • Food
  • Clothes
  • Fresh air
  • Knowledge

 Therefore, Private good is the correct answer.   

 

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All of the following statements about the geography of meat production in the United States and Canada are true EXCEPT:
Softa [21]

Answer:

All of the following statements about the geography of meat production in the United States and Canada are true EXCEPT: Consumer demand for organic foods has significantly decreased the amount of meat produced by most agribusiness firms.

Explanation:

Organic foods are grown without the use of synthetic additives like fertilizer and pesticides for plants, antibiotics and growth hormones for animals.

Consumer demand for organic products due to its health benefits has not significantly decreased the amount of meat produced by most agribusiness firms. Instead, it has created another lucrative business niche for meat production corporations.

Organic foods are now being produced to meet the demand for it along side with those that are not organic.

There is however a higher charge associated with organic foods.

8 0
3 years ago
You are trying to save up for a spa package that costs $300. After looking at your paycheck, you decide that you will be able to
OlgaM077 [116]

Answer:

Short term

Explanation:

A short term goal is a mission that one wishes to accomplish in the immediate future. In general, short goals are achieved within one year. Plans or objectives that are set to be fulfilled within one year or less are short-term goals.  Another example of a short term goal is the purchase of household furniture.

The spa package budget will be achieved in six weeks, thereby qualifying as a short term goal. Long-term goals contrast short term goals as they take longer than one year to achieve.

4 0
3 years ago
Read 2 more answers
Consider the following information from the financial statements for Rock Inc. Last Year This Year Accounts Receivable 23,535 29
Nesterboy [21]

Answer:

Rock Inc.

Gross profit ratio:

= 0.70

Explanation:

a) Data and Calculations:

Sales                      $473,864

Cost of Goods Sold 142,263

Gross profit           $331,601

Gross profit ratio = Gross profit/Sales

= $331,601/$473,864

= 0.69978

= 0.70

b) Rock's gross profit is the difference between the Sales Revenue and the Cost of Goods Sold.  It is the first profit point on the Income Statement.  It measures the company's ability to convert sales revenue into profit after accounting for the cost of goods sold.  This profit will cover the expenses incurred in running the business for the particular period.

7 0
3 years ago
Cash and Carry is a store that carries food, clothing, and household goods at lower price margins than other nearby stores. Ther
bagirrra123 [75]

Answer: Discount store

Explanation: As the name suggests, discount store is the store in which the prices of general products are lower than other retail shops.

            These stores makes it possible to provide such discounts by purchasing in bulk from the intermediary, or direct purchase from the producer or by cutting the cost of other services provided.

So, from the above we can conclude that cash and carry is a discount store.

7 0
3 years ago
Researchers are always interested in the relationships between or among variables. When two variables are
Alexxx [7]

Based on the correlational analysis of X and Y that is given, we can infer that there is a linear relationship between X and Y.

<h3>What does the correlation analysis show?</h3>

The Pearson correlation coefficient shows if there is a linear relationship between given variables.

In the given table, the Pearson Correlation coefficient is not 0 for either variable which means that a linear relationship does in fact exist between the variables.

Find out more on the Pearson correlation coefficient at brainly.com/question/24084533.

#SPJ1

3 0
2 years ago
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