1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sophie [7]
3 years ago
13

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

You might be interested in
An investment project provides cash inflows of $615 per year for eight years. a. What is the project payback period if the initi
aksik [14]

Answer:

It will take 3 years and 66 days to pay for the initial investment.

Explanation:

Giving the following information:

Cash flows= $615 for 8 years

Initial investment= $1,750

<u>The payback period is the time required to cover for the initial investment.</u>

<u></u>

Year 1= 615 - 1,750= -1,135

Year 2= 615 - 1,135= -520

Year 3= 615 - 520= 95

Exactly:

(95/520)= 0.18*365= 66

It will take 3 years and 66 days to pay for the initial investment.

8 0
3 years ago
A company needs 550,000 items per year. It costs the company $330 to prepare a production run of these items and $5 to produce e
Svetlanka [38]

Answer:

Company A

The number of items that should be produced in each run to minimize total costs of production and storage is:

= 22,000 units

Explanation:

a) Data and Calculations:

Total annual demand = 550,000 units

Cost per production run = $330

Cost per unit = $5

Storage (holding) cost per item = $0.75

The number of items that should be produced in each run to minimize total costs of production and storage is given by Economic Order Quantity (EOQ) formula

= square root of (2 * 550,000 * $330)/$0.75

= square root of $363,000,000/$0.75

= square root of 484,000,000

= 22,000 units

6 0
2 years ago
Bakery A uses 60 bags of flour each month. The flour is purchased from a supplier for a price of $80 per bag and an ordering cos
jasenka [17]

I don't what the answer is but I will look for it

3 0
2 years ago
A swot analysis contributes to the strategic planning process by identifying ____ resources.
velikii [3]
Below are the resources:

<span>Logistical, human, technical, financial
</span>

A SWOT analysis is an organized arranging strategy that assesses those four components of an association, venture or business wander. A SWOT examination can be completed for an organization, item, place, industry, or individual. It includes determining the target of the business wander or extend and distinguishing the inside and outside variables that are great and negative to accomplish that goal.

4 0
3 years ago
An initial investment of $930 is appreciated for 19 years in an account that earns 6% interest, compounded continuously. Find th
Hunter-Best [27]

The amount of money in the account at the end of the period will be $2907.89.

<h3>What is the investment?</h3>
  • The dedication of an asset to achieve a gain in value through time is referred to as an investment.
  • Investment necessitates the sacrifice of a current item, such as time, money, or effort.
  • The goal of investing in finance is to earn a return on the invested asset.
  • A gain (profit) or loss realized through the sale of a property or investment, unrealized capital appreciation (or depreciation), or investment income such as dividends, interest, or rental income, or a mix of capital gain and income, may constitute the return.
<h3>To find the amount of money in the account at the end of the period:</h3>

Step 1: Define

Identify variables

P = 930

t = 19

r = 6% = 0.06

Step 2: Find Interest

Substitute in variables [Compounded Continuously Formula]: A=930e^{} ^{19*0.06}                  

[Exponents] Multiply:    

A=930e^{1.14}                                                                                  

Evaluate exponents:            

A=930(3.12677)                                                                            

Multiply:            

A=2907.89

Therefore, the amount of money in the account at the end of the period will be $2907.89.

Know more about investment here:

brainly.com/question/25300925

#SPJ4                                                                                      

5 0
1 year ago
Other questions:
  • Ross White's machine shop uses 2,500 brackets during the course of a year, and this usage is relatively constant throughout the
    5·1 answer
  • Philip morris bought miller brewing and launched low-calorie beer, at a time when consumers had the impression that low-calorie
    9·1 answer
  • Outside the large cluster of mon-khmer speakers in vietnam, laos, cambodia, and thailand, in which of these places are mon-khmer
    15·1 answer
  • Illinois Woodworking Company is preparing its statement of cash flows using the indirect
    5·2 answers
  • How to stop smoking<br><br> plz help<br> im spent £40 a day
    14·2 answers
  • Which statement about wants and needs is TRUE?
    15·1 answer
  • A company’s normal selling price for its product is $28 per unit. However, due to market competition, the selling price has fall
    13·1 answer
  • How do safe investments usually have a lower rate of return than riskier ones?
    15·2 answers
  • The consequences of decriminalizing illegal drugs have long been debated. Some claim that legalization will lower the price of t
    14·1 answer
  • Note that common tasks are listed toward the top, and less common tasks are listed toward the bottom.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!