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Elina [12.6K]
3 years ago
14

Sam was willing to contribute $20 this year to his local college radio station. However, after learning that the radio station h

ad already met its goal of raising $400,000, he decides not to contribute, because he knows he can listen to it without contributing.
This is an example of which of the following?

a) A deadweight loss
b) A negative externality
c) An opportunity cost
d) The free-rider problem
Business
1 answer:
sveticcg [70]3 years ago
4 0

Answer:

The correct answer is d) The free-rider problem .

Explanation:

This term refers to a problem in economics where a person who is known as a stowaway, benefits from using a service or consuming a product without paying anything for it. In this case Kevin should contribute to the radio station, since regardless of whether what was expected in a given period has been raised, just being committed is enough to have the obligation to contribute for the maintenance of the station over time.

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Zirconia Fantasy sells only necklaces. 8 comma 000 units were sold resulting in $ 240 comma 000 of sales​ revenue, $ 60 comma 00
Naya [18.7K]

Answer:

$66,667

Explanation:

Contribution margin = Sales Revenue - Variable cost = 240000-60000 = 180000

Percentage of contribution margin = Contribution margin / sales revenue = 180000 / 240000 = 75%

Breakevent point in total sales = Fixed costs / Percentage of contribution margin

= 50000/0.75 = $66,667

3 0
3 years ago
A local pizzeria hires college students to make pizza, wait on tables, take phone orders, and deliver pizzas. For each situation
Colt1911 [192]

The demand for pizza increases because In this task, we need to explain whether the demand for student employees would increase, decrease or remain constant in different scenarios.

Demand for labor is the total demand for working hours (workers) that is derived from the demand of a firm's total output.

Cost of employees increases because the minimum wage rises

Therefore, when the minimum wage for student employees increases, the marginal cost of labor increases.

<u>Therefore, the </u><u>demand </u><u>for student employees would decrease.</u>

<h3>what is Demand ?</h3>
  • Demand refers to the consumer's desire to purchase a particular product or service.
  • Market demand is the demand for a particular good in the market.
  • Aggregate demand refers to the overall demand for goods and services in any economy.
  • The matching of supply and demand determines the price of goods or services, Understanding the concept of demand.
  • Demand is an economic concept that refers to consumers' desire to purchase goods and services and their willingness to pay a particular price for them.
  • The Law of Demand is an economic principle that  consumer demand for a commodity increases when prices fall and decreases when prices rise.
  • The law of demand comes into play during Black Friday sales, when consumers rush to buy products at deep discounts.

to learn more about Demand  from the given link :

brainly.com/question/14456267

#SPJ4

4 0
1 year ago
"how is the process of egg donation and selection related to consumer consumption?"
kvv77 [185]
Egg donation is a process in which egg id donated by a woman to another woman so that the second woman can conceive.In this process the person who wants to look for a egg donor can go to infertility clinics or egg donating websites. There the person can search for the type of egg donor he/she wants. The egg donor that looks physically and mentally sound to the person can be chosen. Some people also look for egg donors with special qualities such as excellence in sports, music, dance, academics, etc. Thus, the process of egg donation and selection is related to consumer consumption. 
5 0
2 years ago
Undertaking initiatives that help an organization assume an enhanced citizenship role aligns with the human resource management
vesna_86 [32]

Answer:

complying with legal and social obligations

Explanation:

Every organisation runs its business to achieve the objectives of the business.

Further, the organisation seeks to work in an environment which is legally and socially free from any obligations.

The organisation which assumes too have greater citizenship roles automatically aligns the human resource management with the goal of complying with the legal and social obligations.

As with greater citizenship roles there comes greater diversity which helps to ensure the legal and social obligations.

7 0
3 years ago
Manufactured goods needed to produce other goods and services are called
salantis [7]
When manufactured goods are used to produce other goods and services, they are called capital goods.<span>True</span>
3 0
2 years ago
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