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Karolina [17]
3 years ago
15

The cost-benefit principal states that

Business
1 answer:
REY [17]3 years ago
6 0

Cost-benefit principle would state that you would only take an action if the benefit outweighs the cost.

For example: It may cost me $5 to drive to work, but I make $50 for showing up, I would go because the benefit I get outweighs the cost and I am better off going than staying at home.

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Abe owns a dog; the dog's barking annoys Abe's neighbor, Jenny. Suppose that the benefit of owning the dog is worth $200 to Abe
umka2103 [35]

Answer:

Jenny pays Abe $300 to give the dog to his parents who live on an isolated farm

Explanation:

The answer is already stated within the question, but I'll provide  the explanation.

In order to reach a solution, Jenny would have to offer Abe an amount to get rid of the dog that is more than Abe's benefit of owning the dog, which is $200.

On the other hand, since Jenny bears a cost of $400 from the bark, she would only be willing to spend as much as $400 to resolve the situation. Therefore, the acceptable range for the amount of the agreement for both parts is:

$200 < X < $400.

Since $300 is within that range. Jenny paying Abe $300 to give the dog to his parents is a possible solution.

6 0
3 years ago
Read 2 more answers
This table shows the CTSOs that four high school students are involved in: A 2-column table with 4 rows. Column 1 is labeled Stu
asambeis [7]

Answer: ELYSE. TSA. AFP. <—- the one that has that in the first Column

Explanation:

TSA is very similar to AFP

4 0
3 years ago
Read 2 more answers
Wage and price stickiness Select one: a. gives rise to a vertical long-run aggregate supply curve. b. gives rise to a vertical s
Tresset [83]

Answer:

d. prevents the economy from producing its potential level of real GDP.

Explanation:

Price-stickiness or Wage-stickiness, is a term that describes a condition in which a nominal price or wage is resistant to change. Often referred to as Nominal Rigidity, this occurs when a price or wage is fixed in nominal terms for a given period of time.

In other words, Price stickiness or Wage Stickiness occurs when workers' earnings or price don't adjust quickly to changes in labor market conditions, thereby creating sustained periods of shortage or surplus.

Hence, Price and Wage stickiness prevent the economy from achieving its natural level of employment and its potential output, which in turn prevents the economy from producing its potential level of real GDP.

5 0
3 years ago
On December 31, 2018, a company had assets of $29 billion and stockholders' equity of $22 billion. That same company had assets
Kisachek [45]

Answer:

0.69

Explanation:

From the question above on December 31, 2018 a company has an assets of $29 billion and stockholders equity of $22 billion.

On December 31, 2019 the same company recorded an assets of $55billion and stockholders equity of $17billion

Inorder to calculate the debt-to-assess ratio the first step is to find the amount of liabilities

Liabilities= Assets-Stockholders equity

Assets= $55 billion

Stockholders equity= $17 billion

= $55billion-$17billion

= $38 billion

Therefore, the debt-to-assets ratio can be calculated as follows

Debt-to-assets ratio= Total liabilities/Total Assets

= $38 billion/ $55 billion

= 0.69

Hence on December 31, 3019 the debt-to-assets ratio is 0.69

5 0
3 years ago
The manufacturer must lead the channel design process regardless of the relative market power and financial strength of the memb
katrin [286]

Answer:

The statement is false

Explanation:

Channel design process is the one which is defined as those decisions that involve the development of the new marketing channels where the modification of the existing channels or none had existed before, which requires the market power as well as the financial strength of the members of the supply chain.

Therefore, the manufacturer could lead the process of the design process irrespective of the financial strength of members as well as the market power.

6 0
3 years ago
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