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irina1246 [14]
3 years ago
7

You purchase a $30, nonrefundable ticket to a play at a local theater. Ten minutes into the show you realize that it is not a ve

ry good show and place only a $10 value on seeing the remainder of the show. Alternatively you could leave the theater and go home and watch TV or read a book. You place an $12 value on watching TV and a $8 value on reading a book. 1.You should go home and watch TV. 2.You should go home and read a book. 3.You should stay and watch the remainder of the show. 4.You should go home and either watch TV or read a book.
Business
1 answer:
Murljashka [212]3 years ago
3 0

Answer:

1) You should go home and watch TV.

Explanation:

Since you value seeing the play $10, then you should leave the theater and go to your house to watch TV since that has a higher value for you ($12).

We are talking about opportunity costs here. Opportunity costs are the extra costs or benefits lost from choosing one activity or investment over another. In this case the opportunity costs are:

  • watch the play = $10
  • watch TV = $12
  • read a book = $8

Since watching TV is more valuable to you, then that is what you should be doing.  

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Answer:

NPV = $23,146.99

Explanation:

The net present value is the present value of after tax cash flows from an investment less the amount invested.

The NPV can be calculated using a financial calculator:

Cash flow in year o = $- 130,000 

Cash flow each year in year 1 and 2 = 0

Cash flow each year in year 3 to 12 = $34,000

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NPV = $23,146.99

To find the NPV using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

I hope my answer helps you

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3 years ago
A seasonal index for a monthly series is about to be calculated on the basis of three​ years' accumulation of data. The three pr
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Answer:

A. 0.684

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A seasonal index refers to an index that is used to compare the value for a particular period with the average value of all periods.

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The seasonal index can be calculated as the latest value for a period divided by the average of all periods.  Therefore, we have:

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5 0
3 years ago
Which organization or agency assists the fire department by alerting the public of traffic incidents or evacuations?
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Media is the organization or entity that would help the fire department with incident scene security, crowd control, and explosives disposal.

Law enforcement is the organization or entity that would support the fire department with incident scene security, crowd control, and explosives disposal. Law enforcement forces respond to emergencies around the clock and operate under a paramilitary command structure. In most traffic situations, officers act alone and are taught to make unilateral command judgments. Fire and rescue services respond to emergencies around the clock and follow a well-defined command structure on the scene. The core constituency of traffic incident management consists of eight key disciplines: law enforcement, fire and rescue, emergency medical, transportation, towing and recovery, hazardous materials cleanup, public safety communications and dispatch, and traffic reporting.

Learn more about Law enforcement here:

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Answer: Option C

 

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