Ask question

Ask question

All categories

3 years ago

8

The bullet train's projected $2.8-billion price increase will be funded by cutting spending on other public works project. This

tradeoff is an illustration of the economic principle that:

1 answer:

anastassius [24]3 years ago

5 0

Answer:

This tradeoff is an illustration of the economic principle that: there are opportunity costs in projects.

You might be interested in

Prepaid Advertising has a debit balance in the Trial Balance section of the worksheet of $1500 and a credit entry of $550 in the

Dmitriy789 [7]

It will be answer choice b

5 0

3 years ago

U.S. citizens pay $3 billion more annually for shoes and Japanese citizens pay $6 billion more for rice than the actual cost of

mihalych1998 [28]

U.S. citizens pay $5 billion more annually because both countries have imposed tariffs on imported goods to protect their domestic markets.

<h3>What is tariff?</h3>

A tariff simply means a tax imposed by a government of a country on imports or exports of goods.

In this case, U.S. citizens pay $3 billion more annually for shoes and Japanese citizens pay $6 billion more for rice than the actual cost of the products because both countries have imposed tariffs on imported goods to protect their domestic markets.

Learn more about tariffs on:

brainly.com/question/1076049

4 0

3 years ago

Terra Corporation purchased equipment with a 10-year useful life and zero residual value for $100,000. At the end of the fourth

vazorg [7]

Answer:

Assets increase by $10,000

Total stockholders' equity increases by $10,000

Explanation:

Since in the question, it is given that, the purchase value of equipment is $100,000 and the exchanged value is $110,000

So, the difference of $10,000 ($110,000 - $100,000) would reflect that the assets would increase by $10,000 and the total stockholders' equity is also increased by $10,000

The exchange value is a combination of $70,000 in trade allowance and $40,000 was paid in cash

3 0

3 years ago

Joanette, Inc., is considering the purchase of a machine that would cost $570,000 and would last for 9 years, at the end of whic

arsen [322]

Answer:

The NPV of the project is -$68,870

Explanation:

- We have the cash flows from the investment and its timing as listed below:

+ Year 0 : - (Initial Machine investment cost + working capital) = -$573,000;

+ Year 1 - Year 8, each year: Labor and other cost reduction = $117,000;

+ Year 9: Labor and other cost reduction + Working capital recovery = 117,000 + 3,000 = $120,000.

- Thus, net present value of the project is all the above cash flows discounted at required rate of return 18%, calculated as followed:

-573,000 + [ (117,000/0.18) / ( 1 - 1.18^-8) ] + (120,000/1.18^9) = -$68,870.

- So, the answer is NPV of the project is -$68,870.

4 0

3 years ago

If someone believe that it is never ethical to eat meat, then they believe that right and wrong is defined by ______.

ludmilkaskok [199]

If someone believe that is never ethical to eat meat, they believe that right or wrong is defined by personal belief/prejudice

They didn't use god and religion as their right and wrong guidebook, and they also don't use concrete facts as for why is it wrong for human to eat animal unless "because they also have feelings" argument

8 0

4 years ago

Read 2 more answers