1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Bumek [7]
3 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]3 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.   

 

You might be interested in
Last year Attic charged $2,334,667 Depreciation on the Income Statement of Andrews. If early this year Attic purchased a new dep
olga nikolaevna [1]

Answer:

Note: The correct option is a. Increase Net Cash from operations.

Explanation:

Note: This question is not complete as the options are omitted. The options are therefore provided to complete the question before answering the question as follows:

a. Increase Net Cash from operations

b. Decrease Net Cash from operations on the Cash Flow Statement

c. No impact on Net Cash from operations

d. Just impact the Balance Sheet

The explanation of the answers is now provided as follows:

Since the assets was purchased early in the year, depreciation will be charged on it in the income statement for the year at the end of the year. Since depreciation is a non-cash item, it will added back to the net income in the indirect Cash Flow Statement method as one of the adjustments to the net income under the Cash from operations. This adding back of the depreciation will therefore lead to an Increase Net Cash from operations.

Therefore, the correct option is a. Increase Net Cash from operations.

6 0
2 years ago
Freight car loadings over an 18-week period at a busy port are as follows: A- Determine a linear trend line for expected freight
padilas [110]
The linear equation that best fits the given data is
y = 19.19x + 213.53
after data processing

In week 20 and 21, the expected loading is
y = 19.19 (20) + 213.53 = 597.33
y = 19.19 (21) + 213. 53 = 616.52

The week when the load is 776 is
776 = 19.19x + 213.53
x = 29.3 ~ 30 weeks
8 0
3 years ago
Brennan Manufacturing monitors the number of customer returns for each product model to attempt to track when the organization i
STALIN [3.7K]
Brennan Manufacturing monitors the number of customer returns for each product model to attempt to track when the organization is producing a large number of defective products. This is an example of: Feedback control.
4 0
3 years ago
Charles wants to work for himself in the Transportation and Logistics career cluster. Which lists the jobs with the
FinnZ [79.3K]
The second one is the best chance to be self employed at because logisticians require a degree and there is less call for them.
6 0
3 years ago
Skysong, Inc. began the year 2022 with retained earnings of $670000. During the year, the company sold additional shares of stoc
vlada-n [284]

Answer:

$787,000.

Explanation:

Skysong, Inc. generated a profit of $248,000 (633,000 - 385,000) during the year 2022. This amount has a credit balance in income statement, closing it would require a debit to it and a credit entry to match the debit is made to Retained Earnings account which is an item of Statement of Owners' Equity. Statement of Owners' Equity is a report that represents the Equity section of balance and accounts for any changes in the owners' equity during a period. The items included in this statement are Capital, Paid-up Capital, Retained Earnings, and Drawings. To calculate the ending balance of Skysong's retained earnings, we have to prepare a statement of owners' equity.

                                    Statement of Owners' Equity

                                           <u>Capital</u>                           <u>Retained Earnings</u>        

Opening Balance                  -                                          $670,000

Additional Stock             $1,005,000

Profit for the Year                                                               248,000

Dividends Paid                                                                   (131,000)

Closing Balance             $1,005,000                                787,000

⇒ Skysong's retained earnings will be reported at $787,000 at the end of 2022.

7 0
3 years ago
Other questions:
  • Simpkins Corporation does not pay any dividends because it is expanding rapidly and needs to retain all of its earnings. However
    5·1 answer
  • GDP can rise as a result of a rise in __________________, and Real GDP can rise as a result of a rise in _______________________
    14·1 answer
  • When auto manufacturer BMW purchased the RollsminusRoyce brand​ name, BMW had to hire and train a new staff of assembly workers.
    11·1 answer
  • List A List B 1. Interest a. First cash flow occurs one period after agreement begins 2. Monetary asset b. The rate at which mon
    7·1 answer
  • Omar invested his savings in two investment funds. The $6000 that he invested in Fund A returned a 3% profit. The amount that he
    12·1 answer
  • At the end of the fiscal year, Kappa Pet Co. has an outstanding purchase commitment for the purchase of 1 million gallons of jet
    5·1 answer
  • All of the following will help you safely cool foods EXCEPT:
    11·1 answer
  • The following data were taken from the accounting records of the Mixing Department of Kappa Corporation which uses the weighted-
    10·1 answer
  • Apple is known for its innovation. It conducts in-depth marketing research to determine what customers want. Its electronic devi
    15·1 answer
  • If real gdp in a year was $3,668 billion and the price index was 112, then nominal gdp in that year was approximately
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!