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
Iteru [2.4K]
3 years ago
14

A community council must decide which recreation facilities to construct in its community. Four new recreation facilities have b

een proposed—a swimming pool, a tennis center, an athletic field, and a gymnasium. The council wants to construct facilities that will maximize the expected daily usage by the residents of the community, subject to land and cost limitations. The expected daily usage and cost and land requirements for each facility follow:
The community has a $140,000 construction budget and 14 acres of land. The tennis center is conditional upon construction of the swimming pool. The council wants to know which of the recreation facilities to construct to maximize the expected daily usage.
Recreation Facility Expected Usage (People/day) Cost (9) Land requirements
Swimming pool 300 35,000 4
Tennis Center 90 10,000 2
Athletic field 400 25,000 7
Gymnasium 150 90,000 3
After you formulate and solve this problem, which one of the following options is not correct:________.
A. The tennis center will not be chosen.
B. The swimming pool will be chosen.
C. The athletic field will be chosen.
D. The gymnasium not will be chosen.
E. The total daily usage will be 790 people.
Business
1 answer:
Alexxx [7]3 years ago
7 0
B) The swimming pool will be chosen
You might be interested in
Use steth/o to build a word that means instrument to examine the chest:
yanalaym [24]
Stetho is the prefix for chest, while a scope is an examination tool. A stethoscope is a commonly used tool for auscultation (examination through listening) of the lungs and heart, which are in the chest.
3 0
4 years ago
Burkhardt corp. pays a constant $13.50 dividend on its stock. the company will maintain this dividend for the next eight years a
kogti [31]

Answer: Burkhardt Corp.'s current share price is $69.47.

The current share price of a stock can be viewed as the present value of its expected dividends.

In this case, the stock price will be the sum of the discounted value of the dividends over each of the next  eight years.

Mathematically we can express this as:

\mathbf{Current Price = \frac{D}{(1+r)^{1}}+\frac{D}{(1+r)^{2}}+\frac{D}{(1+r)^{3}}......+\frac{D}{(1+r)^{n}}}

Substituting the values we get,

Current Price = \frac{13.5}{1.11^1}+\frac{13.5}{1.11^2}+\frac{13.5}{1.11^3}+\frac{13.5}{1.11^4}+\frac{13.5}{1.11^5}+\frac{13.5}{1.11^6}+\frac{13.5}{1.11^7}+\frac{13.5}{1.11^8}

Solving the above equation we get,

\mathbf{Current Price = 69.47}

7 0
3 years ago
Pricing objectives that seek profit maximization or to attain a target return on investment are examples of _____ pricing object
Andre45 [30]
Pricing objectives that seek profit maximization or to attain a target return on investment are examples of  profitability pricing objectives, a relationship between the benefits provided by a certain operation or thing and the investment or effort that has been made; when it comes to financial performance; it is usually expressed in percentages.
6 0
4 years ago
What causes a change in the demand curve or a shift
nignag [31]

A change in demand will cause a shift to the right for increase and left for decrease.

7 0
4 years ago
Read 2 more answers
When price and quantity sold by a firm or multiply the result is called?
Aleks [24]

Total Revenues

The price at which a firm sells one unit of its product is known as Selling Price.

A firm will sell a certain number of units during a given period – day, week, month, year etc.

When we multiply the Selling price and the quantity sold by a firm we get total revenues of a frim for a given period.

6 0
4 years ago
Other questions:
  • n the​ 1950s, Ford and General Motors established a small​ car-producing industry in Australia and argued for a high tariff on c
    15·1 answer
  • How is a checking account different than a savings account?
    13·2 answers
  • In an economy that relies upon barter,
    12·1 answer
  • Assuming labor is a variable input, an increase in labor productivity will result in
    11·1 answer
  • Mike has one hour to spend at the gym where he will jog, play handball and cycle. jogging uses 10 calories per minute, handball
    6·1 answer
  • Delta Company purchased a delivery truck for a total cost of $15,000. Delta paid $2,000 in cash and signed a note payable for th
    6·1 answer
  • Present and future value tables of $1 at 3% are presented below
    5·1 answer
  • Can someone help me please !!!!!
    14·2 answers
  • What u Snap so I can go add you and be friends
    9·1 answer
  • Identify the five strengths associated with coda coffee's bext360 saas implementation.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!