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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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Carver Packing Company reports total contribution margin of $49,200 and pretax net income of $24,600 for the current month. In t
ddd [48]

Answer: 2.0 and 16%

Explanation:

The degree of operating leverage and the expected percent change in income, will be calculated thus:

Operating leverage will be:

= Contribution margin / Net operating income

= 49200 / 24600

= 2

Then, percentage change in income will be:

= %change in sale × operating leverage

= 8% × 2

= 16%

4 0
3 years ago
Given the pork supply function Q = 178 + 40p - 60p_h. how does the supply function, Q = 88 + 40p. change if the price of hogs in
aleksandrvk [35]

Answer:

Explanation:

The supply function of pork Q = 178 + 40p - 60p_h

When the price of hog is 1.50:

Q = 178 + 40p - 60(1.50)

= 178 +40p -90 = 88+40p

When the price of hog increases to 1.90:

Q = 178 + 40p - 60(1.90)

= 178 +40p - 114 = 64+40p

8 0
3 years ago
If the nicks were to play against cavs who will win?
Irina18 [472]
Umm, the cavs considering 1:they're better and 2: nicks isn't even a team it's the knicks.
8 0
3 years ago
Suppose that a company currently employs 2 comma 500 workers and produces 4 million units of output per month. Labor is its only
KatRina [158]

Answer:

1) 1.25

2) 1600.00

3) 250,000 pennies

Explanation:

Given:

•Number of workers, n = 2,500

•Output per month =4,000,000 units

•Current total variable costs = $5,000,000

1) For average variable costs:

Average variable costs =

Total variable costs/output.p.month

=\frac{$5,000,000}{4,000,000}

= 1.25

2) Average product of labour will be:

Average product of labour =

Output per month/n

= \frac{4,000,000}{2,500}

= 1,600.00

3) Monthly wage for each worker will be given as:

Monhly wage =

Total variable costs/n

Therefore, monthly wage for each worker =

= \frac{5,000,000}{2,500}

= $2,500 => 250,000 pennies

4 0
4 years ago
Workplaces must be kept clean, orderly, and sanitary. workroom floors must be kept as clean and dry as possible. what is being d
Zanzabum
It's being described as good housekeeping; has to do with  good ethic.
4 0
4 years ago
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