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Ivenika [448]
3 years ago
11

Suppose society consists of four individuals: Andy, Bill, Carl, and David. Andy has $20,000 of income, Bill has $40,000 of incom

e, Carl has $60,000 of income, and David has $80,000 of income. A utilitarian would argue that.
Business
1 answer:
aliya0001 [1]3 years ago
4 0

Answer:

Taking $1 from Carl and giving it to Andy would increase society's total utility.

Explanation:

Since Andy's income is less than other three people when a $1 taken from Carl would increase Andy's utility more than the loss in utility of Carl. Thats why total utility would increase.

You might be interested in
Average Rate of Return
Natali [406]

Answer:

22%

Explanation:

The formula to compute the accounting rate of return is shown below:

= Average net income ÷ average investment

where,  

Average net income is

= Total income ÷ number of years

= $148,500 ÷ 5 years

= $29,700

And, the average investment would be

= (Cost - salvage value) ÷ 2

= ($300,000 - $30,000) ÷ 2

= $270,000 ÷ 2

= $135,000

Now put these values to the above formula  

So, the rate would equal to

= $29,700 ÷ $135,000

= 22%

8 0
3 years ago
Answers at the beginning of this year, daily consumption of gasoline in the us amounted to 344 million gallons. it is estimated
miv72 [106K]
<span>332.7 million gallons. First calculate the percentage increase in price of gasoline. 0.40 / 2.80 = 0.142857 = 14.2857% Now divide by the 10% to get the number of multiples of 10% the price increased by 14.2857% / 10% = 1.42857 Now multiply that by the percent decrease in demand 1.42857 * 2.30% = 3.29% So it looks like there will be a 3.29% decrease in demand due to the higher price. So calculate the expected amount of gasoline demand. 344 * (100% - 3.29%) = 344 * (96.71%) = 344 * 0.9671 = 332.7 So the expected demand after a price increase of 40 cents per gallon is 332.7 million gallons.</span>
6 0
3 years ago
Keys industries has assets of $2,100, sales of $2,960, operating costs of $2,675, and $250 of total current liabilities consisti
GalinKa [24]

<u>Calculation of Return on Total Assets:</u>

Return on Total assets can be calculated using the following formula:

Return on Total Assets = Net Income / Total Assets

We can calculate Net income as follows:

Sales $2960

Less: Operating Costs $2675

Less: Interest charges $125

Income before tax = 160

Less: Tax (160*40%)  = 64

Net Income = $96


Hence , Return on Total Assets = 96/2100 = 0.0457 =<u>4.57%</u>




5 0
3 years ago
Meacham Enterprises' bonds currently sell for $1,280 and have a par value of $1,000. They pay a $135 annual coupon and have a 15
asambeis [7]

Answer:

The answer is d. 7.45%

Explanation:

B = Current Price of the Bonds  $1,280

C = Coupon payment paid out annually  $135

CP = Call price   $1,050.

T= number of years pending until the call date 5 years

Yield to Call Formula = (C/2) * {(1- ( 1 + YTC/2)^-2t) / (YTC/2)} + (CP/1 + YTC/2)^2t)

$1,280  = ($135/2) * {(1- ( 1 + YTC/2)^-10) / (YTC/2)} +($1,050 /1 + YTC/2)^10) = 7.45%

7 0
3 years ago
The charitable organization Heifer International uses donations to provide people in developing nations with farm animals to hel
jonny [76]

Answer:

Subsistence farming

Explanation:

With the provision of such donations, Heifer international is contributing to subsistence farming.

Subsistence farming is a kind of farming where proceeds from the farm are for immediate consumption. Peop who engage in such farming do it to meet the immediate needs of themselves and their families. Heifers donation is targeted towards breeding of farm animals for the people to feed, which is basically for their survival. This is what makes it a contribution to subsistence farming.

6 0
3 years ago
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