Answer:
Each company drills two wells and experiences a profit of $22 million.
Explanation:
If each company acts independently and drills two oil wells each they will have a total of 4 wells each worth (60 million ÷ 4= $15 million.
Each company will have two oil wells which equals (2* 15 million = $30 million)
But each company incurs cost of $4 million per well. That is total cost of $8 million.
Therefore the profit for each company will be $30 million - $8 million= $22 million
Some of the operational factors that affect the transportation modes chosen for freighting goods include:
- Cost
- Service Reliability
- Service Regularity
- Safety.
<h3>What are the transportation modes?</h3>
Transportation modes refer to the means of transportation. They include:
- Rail
- Road
- Air
- Marine
- Pipelines
- Inter-modal transportation.
However, the choice of a transportation mode is determined by the comparative cost, reliability, regularity, and safety of service.
Thus, when one is considering the choice of a transportation mode, the operational factors must be considered.
Learn more about transportation modes at brainly.com/question/9029462
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Answer:
Option (a) => consumers will consume less and save more to prepare for increased taxes in the future.
Explanation:
The man named David Ricardo was one of the great Economist of his time. David was born on the 18th day of the month of April, in the year 1772 in London,United Kingdom. David Ricardo died on the 11th day of the month of September, in the year 1823.
David Ricardo worked and proposed a theory called the ricardian equivalance. The ricardian equivalance theory is actually about how Government spend and how taxes are being distributed. The theory simply says that if the Government spend a lot without taxing the citizens,the citizens tends to save more because they(citizens) know that they(Government) will later increase their tax so as to balance the spendings by the government. Therefore, option (a) is correct.
Answer:
Yes.
Explanation:
<em>You are listening to gather intel on a particular individual or set of individuals.</em>
