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Artyom0805 [142]
3 years ago
6

Assume there are two people in a society. Person A is willing to pay $140 to have one unit of a public good produced and Person

B is willing to pay $160 to have one unit of a public good produced and $140 to have two units produced. As a result, society would be willing to pay a price of ________ of this public good
Business
1 answer:
Shtirlitz [24]3 years ago
7 0

Answer:

$300

Explanation:

Given:

Society A

Society B

Society A will pay $140 per unit  

Society B will pay $160 per unit  

Commonly pay $140 for two units produced.

Computation:

Society will pay total amount for the public goods = $160 + $140  

Society will pay the total amount for the public goods = $300

Therefore, $300 Is the total amount paid by society.

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Cal Lury owes $25,000 now. A lender will carry the debt for four more years at 10 percent interest. That is, in this particular
vitfil [10]

Answer:

$6,185.31

Explanation:

Value of debt at end of 4 years = $25,000 * (1 + 10%)^4

Value of debt at end of 4 years = $25,000 * (1.10^4)

Value of debt at end of 4 years = $25,000 * 1.4641

Value of debt at end of 4 years = $36,602.50

Let x be the annual payments

x * [1 - (1 + 13%)^-12] / 13% = $36,602.50

x * [1 - (1.13)^-12] / 13% = $36,602.50

x * [1 - 0.2307059] / 13% = $36,602.50

x * 0.7692941/0.13 = $36,602.50

x * 5.91764692 = $36,602.50

x = $36,602.50/5.91764692

x = 6185.313266375142

x = $6,185.31

So therefore, his annual payment will be $6,185.31.

4 0
3 years ago
A consumer has a choice of spending $20,000 on a Honda or $14,000 on a Kia. She was observed buying a Kia during the weekend. Do
max2010maxim [7]

Answer: Not necessarily

Explanation:

Consumer purchase decisions are dependent on multiple factors such as price, income and preference. It could be that the customer purchased the Kia because the price was less than that of the Honda and so she wanted to save and costs and bought the less expensive choice.

It could also mean that the Kia was all she could afford based on her income so she bought that. It could however also mean that the Kia is her preference as compared to the Honda so she chose that instead.

It is therefore not a foregone conclusion that she bought the Kia simply because she preferred it. More information would be needed to reach that conclusion definitively.

7 0
3 years ago
The petty cash fund of $200 for Tomkins Company appeared as follows on December 31, 2014
Ilya [14]

Answer:

Explanation:

1.

Petty Cash (200-50.6)  Dr.$149.4

Cash            Cr.$149.4

Freight In   Dr. $58.4

Postage      Dr.$40

Balloons Expense      Dr.$20

Meals Expense        Dr.$25

Cash                         Cr.$143.4  

2. Petty Cash  Dr.$50

   Bank/Cash   Cr.$50

8 0
2 years ago
Mark each of the following statements, regarding the wto, as true or false. if false, correct the statement. ______ the wto was
madam [21]

The statement that the WTO was formed by countries that conduct the majority of international trade is TRUE.

<h3>Who formed the World Trade Organization?</h3><h3 />

The World Trade Organization (WTO) was established by 123 nations around the world in 1994 with the signing of the Marrakesh Agreement.

The World Trade Organization was able to become so influential in regulating trade because these 123 nations were the major players in international trade.

Find out more on the World Trade Organization at brainly.com/question/25631712

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2 years ago
a new restaurant recently opened and the owner wants to create an ad promoting the curbside delivery service.
Luba_88 [7]

brand awareness marketing objective does this ad align with.

What is Brand Awareness Marketing?

The degree to which consumers can recall or recognise a brand under various circumstances is known as brand awareness. The associative network memory model of brand knowledge has two aspects, one of which is brand awareness. Consumer behaviour, advertising strategy, and brand management all heavily rely on brand awareness. The choice to buy something is mostly based on the consumer's capacity to recognise or recall a brand. Consumers must first be aware of a product category and a brand within it in order to proceed with a purchase.

To learn more about Brand Awareness Marketing

brainly.com/question/1875826

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7 0
1 year ago
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