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3 years ago

Which of the scenarios are examples of free-riding?

Business

1 answer:

bezimeni [28]3 years ago

3 0

Answer:

b. Bob listens to the radio station several hours per day but never donates since he suspects that other people will donate enough to keep the station on the air.

. Jim is working on a group project for a class in which he wants a high grade. However, since the grades are assigned to the group as a whole and he knows that the other group members will pick up most of the extra work, Jim calls in sick and plays video games on his Dream Station 64.

Explanation:

Free riding is when a person enjoys the benefit of a good or service but doesn't pay for it. This is a form of market failure.

Bob listens to the radio but doesn't donate and Jim would benefit from the grade given to the group but doesn't participate. These are instances of free riding.

Karl doesn't drive at night and so doesn't enjoy the benefits of the street light and doesn't pay. This is not an instance of free riding.

I hope my answer helps

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Answer:

5.4 years

Explanation:

Future value is the value of the calculated by compounding a specific present value using a specific discount rate

Payment = $1,500

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Future Value = Payment x [ ( 1 + r)^n - 1 / r ]

$10,000 = $1,500 x [ ( 1 + 9.56%)^n - 1 / 9.56%

$10,000 x 9.56% / 1,500 = ( 1 + 9.56%)^n - 1

0.6373 +1 = 1.0956^n

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3 years ago

In May, one of the processing departments at Messerli Corporation had beginning work in process inventory of $18,000 and ending

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Answer:

$170,000

Explanation:

The computation of the total cost to be accounted is shown below:

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4 years ago

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Answer:

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Answer:

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4 years ago

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Answer:

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3 years ago