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2 years ago

Which of the following is NOT an example of a negative externality?

Business

1 answer:

MrMuchimi2 years ago

8 0

Answer:

d. A decrease in your property value from neglecting your lawn and garden

Explanation:

A negative externality is a cost incurred or received by a third party who has no control over it.

In a, b and c the community, disrupted sleeper and secondhand smoker are the third party. In d you are not the third party. You neglect your lawn and garden and bear the cost of decreased property value.

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The largest cattle rancher in a given region will be unable to have a __________ when sufficient numbers of smaller cattle ranch

stepladder [879]

<span>The largest cattle rancher in a given region will be unable to have a __________ when sufficient numbers of smaller cattle ranchers provide sources of competition.

Monoply
</span>

7 0

2 years ago

When the store hires two workers, they are able to serve 16 customers per hour. When the store hires three workers they are able

kotegsom [21]

Answer: $24

Explanation:

Given that,

Two workers serve = 16 customers per hour

Three workers serve = 22 customers per hour

Each customer spends an average of $4 in the store.

Total revenue from Two workers = 16 × $4

= $64

Total revenue from Three workers = 22 × $4

= $88

Therefore, the marginal benefit of hiring the third worker would be:

= Total revenue from Three workers - Total revenue from Two workers

= $88 - $64

= $24

7 0

3 years ago

Agan Interior Design provides home and office decorating assistance to its customers. In normal operation, an average of 2.5 cus

Phantasy [73]

Answer:

A) Single-server single-phase model (M/M/1).

$\lambda=2.5 \,customers/hour\\\\\mu=6\,customers/hour$

B) The goal is not met, as the average time waiting for service is 5.56 minutes.

C) The new mean service rate is 7.5 customers/hour.

In this case, the average time waiting for service is 4 minutes, so the goal is met.

Explanation:

A) This situation can be modeled as a single-server single-phase model (M/M/1).

The mean arrival rate is 2.5 customers per hour.

$\lambda=2.5 \,customer/h$

The mean service rate is 6 customers per hour, calculated as:

$\mu=\frac{60\, min/h}{10 \,min/customer}=6\, customer/h$

B) The average waiting time for a customer can be expressed as:

$W_q=\frac{\lambda}{\mu}\frac{1}{\mu-\lambda} =\frac{2.5}{6}\frac{1}{6-2.5} =0.417*0.222=0.093\,hours\\\\W_q=0.093\,hours*(60min/h)=5.56 \,min$

The average waiting time is 5.56 minutes, so it is more than the goal of 5 minutes.

C) If the average time spent per customer to 8 minutes, the mean service rate becomes

$\mu=\frac{60\, min/h}{8 \,min/customer}=7.5\, customer/h$

An the average waiting time for the service now becomes:

$W_q=\frac{\lambda}{\mu}\frac{1}{\mu-\lambda} =\frac{2.5}{7.5}\frac{1}{7.5-2.5} =0.333*0.2=0.067\,hours\\\\W_q=0.067\,hours*(60min/h)=4 \,min$

The average time is now 4 minutes, so the goal is achieved.

6 0

2 years ago

A business formation is also known as:

Iteru [2.4K]

Business formation is also known as: a business attraction

5 0

2 years ago

Read 2 more answers

KING company wants to issue new 10-years bonds to finance some needed expansion. The company currently has an 8 percent coupon b

Gemiola [76]

Answer:

Coupon rate is 7.41%

Explanation:

Using the price formula , the yield to maturity can be calculated first of all:

Bond price=coupon interest /yield to maturity

Bond price is $1080

coupon interest is 8%*$1000=$80

$1080=$80/yield to maturity

$1080*yield to maturity=$80

yield to maturity=$80/$1080

=7.41%

However if the price of the bond becomes the par value, the coupon rate can be calculated thus:

$1000=coupon payment/7.41%

coupon payment =$1000*7.41%

coupon payment=$74.1

coupon rate=$74.1/100=7.41%

5 0

3 years ago

Read 2 more answers