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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

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Ted's company has recently reorganized. He has been reassigned into a new role for which he feels unprepared, and he is not sure
Paul [167]

Answer:

These are the options for the question:

  • Peer pressure
  • Personality conflict
  • Climate of mistrust
  • Fear of failure

And this is the correct answer:

  • Fear of failure

Explanation:

Ted is afraid of failing at his new role, he is suffering from fear of failure. This is because Ted was accustomed to completing a set of tasks specific to his previous position in the company.

Now that the company has reorganized, he has been given a new position, and new tasks to complete, and he does not feel at ease at first, likely because he lacks first-hand experience with some of the tasks.

4 0
3 years ago
Blossom Company purchased a delivery truck for $32,000 on July 1, 2022. The truck has an expected salvage value of $4,000, and i
Nookie1986 [14]

The straight line depreciation expense in 2022 is $1500.

The straight line depreciation expense in 2023 is $3000.

<h3>What is the depreciation expense in 2022 and 2023?</h3>

The striaght line depreciation method spreads out the depreciation expense equally over the useful life of the project.

Straight line depreciation expense = (Cost of asset - Salvage value) / useful life

($32,000 - $4,000) / 8 = $3000

The depreciation expense each year would be $3000 except in 2022 when the truck was used for 6 months.

Depreciation expense in 2022 = 6/12(3000) = $1500

To learn more about straight line depreciation, please check: brainly.com/question/6982430

7 0
2 years ago
Both buyers and sellers are price takers in a perfectly competitive market because
Paladinen [302]

Answer:

The price is determined by government intervention and dictated to buyers anti sellers each buyer and teller knows it it illegal to conspire to affect price.

Explanation:

A perfectly competitive firm is a price taker, which implies that it must acknowledge the equilibrium price at which it sells products. In the event that a perfectly competitive firm attempts to charge even a modest sum more than the market price, it will be not able make any sales.

7 0
3 years ago
Pierre's Hair Salon is considering opening a new location in French Lick, California. The cost of building a new salon is $284,0
Anastaziya [24]

Answer:

11%

Explanation:

The computation of the annual rate of return is shown below:

Annual rate of return = Average annual income ÷average investment

where,

Average investment = (Initial investment + Salvage value) ÷ 2

= ($284,000 + $74,000) ÷ 2

= $179,000

And,

Average annual income is

= $60,490 - $40,800

= $19,690

So, the annual rate of return is

= $19,690 ÷ $179,000

= 11%

We simply applied the above formula

7 0
3 years ago
When Hal sees the RFP issued by one of his customers, he is concerned that the company has changed its specifications since it p
lozanna [386]

Complete question:

When Hal sees the RFP issued by one of his customers, he is concerned that the company has changed its specifications since it placed a previous order with him. His company's products do not meet the new specifications. In this situation, being the current vendor __________.

A will necessitate renegotiating price and delivery terms.

B allows for a straight rebuy.

C offsets a consensus buying center culture.

D will probably not be an advantage in getting the new order.

E will allow Val to get the order even though his products do not meet the specifications.

Answer:

In this situation, being the current vendor will probably not be an advantage in getting the new order.

Explanation:

A request for proposal (RFP) is a paper which requests prospective suppliers to make business proposals to submit proposals, which are often made by a bidder, by an organization, corporation or a bidder involved in purchasing a product, service or valued item.

The RFP outlines the tendering process and contract requirements and directs the design of the tender.

Government organizations use RFPs mainly to get the lowest bid possible.

RFPs allow the requester to obtain multiple bidders.

8 0
3 years ago
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