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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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Suppose a bank's balance sheet is as follows and banks are required to hold reserves equal to 20 percent of deposits: assets lia
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At year-end, Chief Company has a balance of $10,000 in accounts receivable, of which $9,000 is within 30 days and $1,000 is over
vlada-n [284]

Answer:

  • What is the amount of bad debt expense?

Bad debt expense $ 90

Explanation:

The initial account balance was

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Accounts Receivable $ 10,000  

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The aging of accounts receivable method indicates that the Allowance for Uncollectible Accounts must have a $190 balance.

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$ 9,000   $ 90 1% 1-30 days

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Allowance for Uncollectible Accounts  $ 90

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Employee factors observed that may warrant further reporting and review by managers and other institutional officials includes:

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<h3>What factors affect employee performance?</h3>

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Therefore, Employee factors observed that may warrant further reporting and review by managers and other institutional officials include attrition reduction, improved productivity, and general improved quality of life.

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