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Nataly_w [17]
2 years ago
7

Assess the benefits and drawbacks of the high-speed rail project. In your opinion, do benefits outweigh drawbacks, or vice versa

? Why? Justify your answer. What are the implications of starting a project based on tenuous projections that may or may not come true 10 years from now? Could you justify the California high-speed rail project from the perspective of a massive public works initiative? In other words, what other factors enter into the decision of whether to pursue a high-speed rail project? Why are they important?
Business
1 answer:
Andrews [41]2 years ago
7 0

Answer:

The benefits of a High Speed Rail in California:

  • It becomes a feasible alternative to air travel, because it can be either cheaper, or even faster, since passengers do not have to spend as much time on a train station as they do on an airport.
  • If demand is high enough, state highways can become less congested, because many people who would otherwise travel by car, would take a high speed train instead.
  • Because the trains are electric, they are likely to help reduce pollution.

The cons would be:

  • We cannot know for sure how many people would take the high speed trains. Demand could not be high enough to justify the cost.
  • The line would be very costly.
  • It could end up benefit only a small section of the population who would take the trains, or who travel often.

I believe that the benefits outweigh the drawbacks, as can be seen in most countries where high speed lines have been made between large cities. For example, in Spain, the line between Madrid and Barcelona is profitable. The same would likely happen for a line between Los Angeles and San Francisco.

What are the implications of starting a project based on tenuous projections that may or may not come true 10 years from now?

If demand projections are tenous, there is always the possiblity that the high speed line could not be profitable. However, this risk can be lowered if the line is made between highly populated cities.

Could you justify the California high-speed rail project from the perspective of a massive public works initiative?

Yes, a high speed rail would be a project that could massively impact California. The benefits of its operation could outweight the cost.

In other words, what other factors enter into the decision of whether to pursue a high-speed rail project?

As I said before, the most important factor is to construct line between highly populated cities in order to reduce the risk of not having enough demand. It has been demonstrated around the world, in Spain, in Italy, in Japan, in China, that high speed lines that connect very populated regions, can be profitable.

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If an increase occurs in the demand for the output of industry A, we would expect all of the following to happen except:A. an in
ruslelena [56]

Answer:

The correct answer is option B.

Explanation:

The total revenue and profits of the industry as the price level  increases with increase in the demand.

When there is an increase in the demand for the output of an industry, that industry will increase the production to match the increase in the demand. The increase in production will cause output level to increase.

In order to produce more output the industry will require more inputs, so the demand for inputs will increase.

An increase in the demand for inputs will be accompanied by increase in their prices.

There will not be any decline in the price of inputs.

3 0
3 years ago
Maso Company recorded journal entries for the issuance of common stock for $200,000, the payment of $65,000 on accounts payable,
cricket20 [7]

Answer:

Increase of $95,000

Explanation:

Stockholder equity: It records the issue of shares, retained earnings, and deduct the dividend amount if declared.

The expenses which are related to the business is directly or indirectly affect the stockholder equity.

So, the net effect is shown below:

Issuance of common stock = $200,000

Less - Payment of salaries expense = $105,000

So, the net effect would be equal to

= $200,000 - $105,000

= $95,000

The accounts payable does not affect stockholder equity. So, it would not be considered.

This $95,000 would increase stockholder equity.

7 0
3 years ago
Another term for the cash-and-carry purchasing procedure is: Question 2 options: a) stockless purchasing b) forward buying c) fi
satela [25.4K]

Answer:

Will call purchasing

Explanation:

Cash and carry also known as "will call purchasing" or "carry trade" is a sales strategy or method of purchase in which a customer must pay for an item immediately and must take the item with them. It eradicates all forms of credit sales.

Cash and Carry involves paying for an item and taking it along with you. There is no space for future delivery and it doesn't include delivery cost in the price of an item.

Pickup can't be delayed to a later date.

5 0
3 years ago
The employees of Vintage Clothes achieved all of the sales goals for 2017. Vintage decides to reward the employees with a bonus
Elza [17]

Answer:

$52,000

Explanation:

Bonus is 20% on annual net​ income, after deducting the bonus.

Let the annual income after deducting bonus be g

Then,

Bonus = 20% of g

           = 0.2g

Annual income before bonus = annual income after bonus + bonus

312,000 = g + 0.2g

g = 312000/1.2

g = $260,000

Bonus = 0.2g

          = 0.2 × 260,000

          = $52,000

7 0
3 years ago
Six months after starting a quilting business with a partner, Penny finds that actual revenues are significantly lower than proj
pychu [463]

Answer:

escalation of commitment

Explanation:

Penny invest into the business additional funds ignoring the expected outcome of the business (the future returns are not expected to increase)

Penny is not doing the proper analysis of the past six month

The invested funds, time and other resources should not be considered they are sunk cost. The 50,000 will increase the losses not cut them as the return are not going to improve. Additional funds should be invested when there is a financial need due to other project which required more lverage and not to make up for revenues falling behind budget

Penny avoids to acknowle the true fact of the business.

5 0
3 years ago
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