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Mamont248 [21]
3 years ago
8

Some highways have commuter or express pass lanes. During rush hour lanes on the highway move slowly or often are stop and go, b

ut the express lanes continue to move at a faster pace. Express pass users pay for a transponder and monthly fees to have express lane access even with no other people in their cars. In this example, the drivers who purchase these express passes are probably __________.a. richer than drivers waiting in the longer commute lines on the freeway.
b. more important than drivers waiting in the longer commute lines on the freeway.
c. drivers who value speed and convenience more than those in the stop and go lanes and are willing to pay additional express pass fees for the option of avoiding traffic jams.
d. experienced drivers that know that the best way to avoid commuter lines on the freeway is to leave home earlier to get to work.
Business
1 answer:
svp [43]3 years ago
5 0

Answer:

Drivers who value speed and convenice more than hose in the stop and go lanes and are willing to pay additional express pass fees for the option of avoiding traffic jams.

Explanation:

In this scenario the driver's Choi's to buy the express pass expresses their preference for fast and convinient commute. They are willing to pay for access to the express way to get it.

Those that still use the highway and endure the the stop and go traffic value the money they will pay for a pass above the speed and convinience of using the express way.

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If firms can easily enter and exit a​ market, then A. firms will produce at minimum average cost in the short run. B. firms will
enyata [817]

Answer:

The correct answer is option C.

Explanation:

`If firms can easily enter and exit the market, then firms operating in the market will earn zero economic profit in the long run. This is because the short run is too short for firms to enter and exit so potential firms will enter and exit in the long run.  

If the existing firms will be having negative profits, the firms having loss will exit the market. This will reduce market supply. As a result, the price level will increase. This will go on until all firms will have zero economic profits.  

Similarly, if the existing firms are having positive economic profits in the long run, the other firms will enter the market. This will increase the market supply such that the price level decreases. This will go on till all the firms will be having zero economic profits.

5 0
3 years ago
The FDIC found out that a company misreported information to a credit scoring company about Wanda. Wanda contacted the company a
Alborosie
Fair Credit Reporting Act
5 0
3 years ago
Read 2 more answers
Given
Usimov [2.4K]

Total interest=$489.58

Balance after 100th day=$5,819.44

Balance after 180th day=$2,448.77

Final payment=$2,489.58

Compute the total interest, the balances on the 100th and 180th days as well as the final payment of the loan?

In the first place, ordinary interest means simple interest, in other words, the simple interest approach would be used in computing the interest due at every point in time.

Interest=loan balance*interest rate*number of days that interest is due/360 days

Interest on 100th day=$11,500*10%*100/360

Interest on 100th day=$319.444444

balance after 100th day=initial principal+ interest-partial payment

balance after 100th day=$11,500+$319.444444 -$6,000

balance after 100th day=$5,819.444444

Note it has been 80 days since the payment of the last interest on 100th

interest on 180th day=$5819.444444 *10%*80/360

interest on 180th day=$129.320988

balance of the loan on the 180th day=$5,819.444444+$129.320988-$3,500

balance of the loan on the 180th day=$2,448.765432

The final payment would be the balance as of the 180th day plus the interest for the last 60 days(180th-240th)

final interest=$2,448.765432*10%*60/360

final interest =$40.812757

Final payment=$2,448.765432+$40.812757

Final payment=$2,489.58

Total interest=$319.444444+$129.320988+$40.812757

Total interest=$489.58

Find a further guide in the link below:

brainly.com/question/10710550

#SPJ1

7 0
2 years ago
Identifying effects of transactions using the accounting equation LO PI
Luda [366]

Answer:

A. Asset as cash will increase by $59,000, asset in equipment will increase $14,000

B. Asset side in increased and decreased

C. Asset and liability will increase by $11,000

D. Asset will increase

E. Asset will increase

F. Asset will increase and decrease by $5,800

G. Asset will decrease

H. Asset will increase

I. Liability will decrease

J. Asset and capital will decrease by $1,200

Explanation:

Accounting equation is Asset = Liabilities + Capital

Accounting equation is affected in business transaction. The transaction in business have different effects some transaction are like hybrid which impacts the multiple accounts balances. There are some transactions which just involve asset side transaction increase and decrease on the same account this will offset the balance and no effect on equation.

5 0
3 years ago
A Lorenz curve showing perfect equality in the distribution of income:
valentinak56 [21]

Answer:

Option (C) is correct.

Explanation:

Lorenz curve is a graphical representation of percentage of total national income on the y-axis and percentage of total population. This curve shows us the degree of inequality of income distribution. It is one of the crucial measure of poverty.

In a inequality income distribution graph, there is a straight diagonal line at 45 degree angle and the Lorenz curve. The larger the difference between these two curves, the larger will be the inequality in the income distribution.

5 0
3 years ago
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