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katrin2010 [14]
3 years ago
11

Why are public works projects like the Honolulu Rail project nearly impossible to stop once they have been approved, even if lat

er cost estimates skyrocket?
Business
1 answer:
bekas [8.4K]3 years ago
3 0

There are several reasons why this type of projects are nearly impossible to stop once they have been approved, even when costs skyrocket.

First, it is difficult to stop these projects because, when these start, a lot of moeny is put into them. When the cost begins to skyrocket, people believe that to stop the project would mean wasting all the money already invested. This prevents people from stopping the projects.

Another reason is the fact that many different companies, investors and institutions are involved in these projects. Coordination is difficult, and pmany parties have a vested interest in the completion of such works. This makes it difficult for the different parties to agree on the right moment to stop.

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If you have a credit card limit of $1,000, you should never carry a balance of more than $800 T/F
borishaifa [10]
The answer would be true
7 0
4 years ago
Finding out how a product or service will do in a certain market is an example of this use of market research: identify if commu
Veseljchak [2.6K]

Answer:

identify value

Explanation:

Finding out how a product or service will do in a certain market is an example of this "IDENTIFY VALUE" market research. This will help the producers understand and know what the consumers want and the degree of value they placed on their products.

identify if communications are effective is used determine who the consumers are and the type of media preferred.

identify if consumer needs are being met is used to determine what customers like or dislike about a product or service.

identify threats and investigate the competition is used to determine changes in consumer preferences and competition

8 0
3 years ago
Since the costs of producing an intermediate product do not change regardless of whether the intermediate product is sold or pro
Snowcat [4.5K]

Answer: a) true

Explanation:

The costs incurred to produce the intermediate products have already been incurred and as such are referred to as sunk costs.

They will not change regardless of whether the good is sold before further processing or if it is sold after. They therefore do not matter in the decision to either process or sell and so are not considered.

8 0
3 years ago
Item 1Item 1 Thomas invests $109 in an account that pays 6 percent simple interest. How much money will Thomas have at the end o
olga nikolaevna [1]

Answer:

Total amount at the end of 4 years = $135.16

Explanation:

A simple interest account pays interest on only the sum deposited at an annual rate for a specified period of time without compounding or adding the interest earned in a particular period in the calculation of interest earning for the next period. Thus, if 1000 is invested and interest s earned at 10% then the interest earned will remain constant for every period the money is still deposited in the account.

The formula to calculate interest under simple interest method is,

Interest = Principal * Annual Rate * Time in years

Total Interest earned = 109 * 6% * 4

Total interest earned = 26.16

Total amount at the end of 4 years = Principal + Interest

Total amount at the end of 4 years = 109 + 26.16

Total amount at the end of 4 years = $135.16

5 0
3 years ago
If you cause a car accident, which type of insurance will require you to pay the least out of pocket?
Alex
Low deductible plan because there will be low amount of money taken from you. I am pretty sure.
8 0
4 years ago
Read 2 more answers
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