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
emmainna [20.7K]
3 years ago
14

Suppose that the Town of Mapledale is considering hiring an additional firefighter. The expected benefit is estimated to be wort

h $5 for each of Mapledale's 15,000 residents. What should the city do?
A. Hire the firefighter because additional fire protection is priceless.
B. Hire the firefighter if the cost of the new firefighter is less than $75,000.
C. Hire the firefighter only if the benefit to the residents exceeds $75,000.
D. Do not hire the firefighter because the costs exceed the benefits.
Business
1 answer:
Radda [10]3 years ago
5 0

Answer:

(B) Hire the firefighter if the cost of the new firefighter is less than $75,000.

Explanation:

The city should hire the Firefighter only if the cost of new firefighter is less than $75,000.

Since $5 x 15000 residents = $75, 000.

Therefore it is still beneficial to hire a new firefighter if the cost is less than $75, 000

You might be interested in
The Perez Lumber Company sells boards in a perfectly competitive market. The current marginal cost of boards at the current outp
mafiozo [28]

Answer:

c. decrease monthly output to 200 board feet.

Explanation:

If the firm wants to maximize profit it should decrease monthly output to 200 board feet demand by doing so , vital rate  will ultimately increase the cost of the product and shift them to the profit. The correct answer is C.

7 0
3 years ago
Suppose the Fed decides it needs to pursue an expansionary policy. Assume people hold no cash, the reserve requirement is 50 per
DENIUS [597]

Answer:

Because the current money multiplier is <u>2</u>, the Fed would <u>BUY $500,000</u> worth of bonds, <u>INCREASING</u> the monetary base and so increasing the money supply by $1 million.

Explanation:

if the Fed wants to increase the money supply by $1 million, then it would need to purchase US securities worth $500,000. The formulas used to calculate the impact of the Fed's operations are:

increase in money supply = additional funds x money multiplier

  • money multiplier = 1 / reserve ratio = 1 / 50% =  2
  • desired increase in money supply = $1 million

$1,000,000 = additional funds x 2

additional funds = $1,000,000 / 2 = $500,000

6 0
3 years ago
Kyle, the human resources manager of an electrical company, is preparing an estimate of the recruitment requirements, training o
nordsb [41]

Answer: Tactical plan

Explanation: In simple words, tactical planning refers to the segmentation of strategic planning in shorter time periods. It focuses on determining the course of actions for departments of an organisation but for a short time period.

In the given case, Kyle is estimating various requirements of the organisation for next six months.

Hence from the above we can conclude that she is creating tactical plan.

5 0
3 years ago
Budgeted Sales for January: 8,000 Units Budgeted Sales for February: 10,000 Units Budgeted Sales for March: 12,000 Units Beginni
blondinia [14]

Answer:

Production= 10400 units

Explanation:

Giving the following information:

Budgeted Sales for January: 8,000 Units

Budgeted Sales for February: 10,000 Units

Budgeted Sales for March: 12,000 Units

Beginning Finished Goods for January: 3,000

Units Pevensie Inc. plans to have an ending finished goods inventory of 20% of next month's projected sales.

We will assume that the ending finished goods of January reaches 20% required for February.

<u>February:</u>

(+)Budgeted Sales for February= 10,000 Units

(+)Ending finished goods= 12000*0,20= 2400 units

(-)Beginning finished goods inventory= 2000 units

Production= 10000+2400-2000= 10400 units

8 0
3 years ago
A researcher randomly assigns 50 students to two groups of 25. group 1 is given computers and educational software to take home
Dafna1 [17]
<span>This study is a randomized control trial (RCT). In an RCT, participants are randomized into one of two groups - an intervention group or a control group. The intervention group receives the treatment of interest to the researchers (in this case, computers and educational software) while the control group does not. This will allow the researchers to examine the effect of the intervention (computers and educational software) on achievement tests scores.</span>
7 0
3 years ago
Other questions:
  • Assume taxes increase by $300 and government spending increases by $300. The marginal propensity to consume is 0.75. Calculate t
    6·2 answers
  • You are a financial manager. your assistant tells you that there will be a cash flow gap next month, meaning that cash outflows
    11·1 answer
  • Starbucks focuses on making coffee. By ________, they are faster, more consistent, and their production costs are lower than McD
    15·2 answers
  • The Baldwin Company has just purchased $40,900,000 of plant and equipment that has an estimated useful life of 15 years. The exp
    7·1 answer
  • Vision Tech’s stock price is currently trading at $17 per share. The consensus among analysts is that the intrinsic value of Vis
    5·1 answer
  • A small business owner has decided to form a ______________ after deciding that she wants to maximize revenue, minimize taxes, g
    11·1 answer
  • Novak Company is constructing a building. Construction began on February 1 and was completed on December 31. Expenditures were $
    15·2 answers
  • Yuto owns a souvenir shop in Tokyo. He wants to reach English speaking tourists in his city during certain hours of the day. Whi
    6·1 answer
  • Which best describes a way people can use personal loans? to buy a house to buy a car to pay for college to pay for groceries.
    15·3 answers
  • Margot and Steve owned several rental properties at the time of their divorce. The divorce decree gave ownership to Margot in re
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!