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sesenic [268]
3 years ago
12

Even though mass transit systems such as buses are available in most cities in the United States, many residents decide to drive

to work in their own vehicles because 1. the opportunity cost of riding a bus is too high for them2. there is no opportunity cost of them to drive3. they are not rational.4. they do not behave according to the economic way of thinking.
Business
1 answer:
DIA [1.3K]3 years ago
6 0

Answer:

Mass transit arrangement are accessible in most of cities in US but several individuals are not consuming it. Those individuals like to go workplaces in their won vehicle. There might be more than one response correct for the given problem. Sometime individuals do not perform according the economic method of thinking. They might be irrational also. According to me, presumptuous that all persons are rational and acting rendering to approach of thinking, the opportunity cost of riding a bus essential to be high for them. Individuals chooses to drive to work in their personal vehicles because opportunity cost of driving their personal vehicle to work is comparatively less for them. This is the maximum strong dispute among all given influences.  

Thus Option (1) is the correct answer

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Preston, Inc., manufactures wooden shelving units for collecting and sorting mail. The company expects to produce 300 units in J
ZanzabumX [31]

Answer:

Direct material purchase budget for July and August= <u> $10634</u>

Explanation:

T<em>he material purchases budget is determined by adding the the closing stock of materials to the material usage budget and subtracting the opening inventory of materials.</em>

<em>Material purchase budget= Material usage budget + closing inventory - opening inventory</em>

Material budget=

                                               Unit

July  =           300×12       = 3600

August  =       360  ×   12 = <u>4320 </u>                

                                             7920

Closing inventory                 <u>260</u>

                                              8180

cost per unit                        <u>    × $1.30</u>

                                          <u> $10634</u>

Direct material purchase budget for July and August= <u> </u><u>$10634</u>

4 0
4 years ago
George offers to sell his car to Suzy for $10,000 on the coming Sunday, to which Suzy agrees. They write down the details on a p
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Answer:

Promissory Estoppel

Explanation:

Promissory estoppel states that a person who has promised to fulfill a contract cannot go back on the promise even if consideration was yet to be given. The affected party can file suit against the party who refused to fulfill his promise and can claim damages.

Promissory estoppel was created to protect parties under contract from incurring damages due to backing off by the other party. Here, Suzy can sue George on the basis of promissory estoppel.

8 0
3 years ago
1. Companies with strong safety cultures usually have lower
Ksenya-84 [330]
<h3><u>Answer:</u></h3>

Companies with strong safety culture usually have lower turnover

<h3><u>Explanation:</u></h3>

Safety culture includes a high degree of belief, Value, attitude and perception toward the organization which is shared among all. Therefore, it not only promotes better performance, team spirit, commitment and communication between the employer and employees of the organization but additionally generates Health and safety benefits which ultimately lower the turnover of a company as it the key to promoting wellness of employee and employer by reducing the workplace stress.

8 0
4 years ago
Constable Co. reported the following information at December 31, Year 1:
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Answer:

The amount of Current liabilities is $7,710

Explanation:

The amount of current liabilities on the classified balance sheet is seen below;

Constable Corp.

Balance sheet as at December 31, year 1.

Current liabilities

Accounts payable $4,540

Wages payable $3,170

Total $7,710

5 0
3 years ago
What are specialist shops​
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A shop that sells one type of thing
6 0
3 years ago
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