1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
vaieri [72.5K]
2 years ago
5

A local swimming pool charges nonmember $10 per visit. If you join the pool, you can swim for $5 per visit but you have to pay a

n annual fee of F. Use an optimal choice model to find the value of F such that you are indifferent between joining and not joining. Suppose that the pool charged you exactly that F. Would you go to the pool more or fewer times than if you did not join? For simplicity, assume that the price of all other goods is $1.
Business
1 answer:
ratelena [41]2 years ago
7 0

Answer:

The answer is below

Explanation:

Using an optimal choice model to find the value of F such that you are indifferent between joining and not joining.

Let N be the number of visits per year

1) N-number of visits per year 10N=5N+F

Given that 10N=5N+F

Hence F=5N

F = 5N

2) Therefore, Would I go to the pool more or fewer times than if i did not join?

Then, if F is fixed and I join the local Swimmng pool member, I would go more times.

You might be interested in
Which of the following statements is true of franchisors?
denpristay [2]

Answer:

3. Franchisors may suffer a loss of control over how their technology and brand names are used.

Explanation:

If the brand name/reputation is tarnished somewhere, it affects every franchisor

7 0
2 years ago
How can social media endanger the safety of military service members and journalists?
viktelen [127]

Answer:

"GPS technology may accidentally leak confidential information about the location."

Explanation:

A good case in point was a watch tracking service that leaked classified GPS coordinates of our military servicemen and women's location. It jeopardized our ability to effectively operate in a foreign land without notice of occupied territory.

In this question, it places our military and journalists at risk because they know where they are at and so forth.

5 0
3 years ago
Whispering Winds Corp. purchased a delivery truck for $34,000 on January 1, 2022. The truck has an expected salvage value of $5,
Wittaler [7]

Answer: $0.29 per mile

Explanation:

Truck is to be driven for 100,000 miles.

It has a cost of $34,000 and a salvage value of $5,000.

Useful life is 8 years.

Depreciable cost per mile under units-of-activity method = (Cost price - Salvage value) / Miles to be driven

= (34,000 - 5,000) / 100,000

= $0.29 per mile

3 0
2 years ago
Asking that all sources of income be revealed on a credit application is prohibited by the ecoa.
andreev551 [17]
That is true. Good luck on your future endeavors. 
7 0
3 years ago
If overhead is applied using traditional costing based on direct labor hours, the overhead application rate is:
serious [3.7K]

Answer:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Explanation:

If overhead is applied using traditional costing based on direct labor hours, the overhead application rate is:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

<u>For example:</u>

Total estimated overhead= $150,000

Allocation base= direct labor hours

Estimated Total number of direct labor hours= 10,000

Predetermined manufacturing overhead rate= 150,000/10,000

Predetermined manufacturing overhead rate= $15 per direct labor hour

5 0
3 years ago
Other questions:
  • A production function for which proportional changes in all inputs leads to a more-than-proportional change in output is said to
    13·1 answer
  • In the mid 1980s, what emerging product market did a major foreign competitor capitalized on and Kodak miss due to a poor unders
    8·1 answer
  • It may be considered unethical to work part time (weekdays, ~20h/week) at night while working full time for an employer because:
    12·1 answer
  • When you finance a project partly with debt, you should still view the project as if it were all equity-financed, treating all c
    14·2 answers
  • 13. T F A high standard deviation generally means that the data points are widely
    5·1 answer
  • The study by economists Cox and Alm found that the 2006 pre-tax income of the richest fifth of U.S. households is a. 5 times the
    12·1 answer
  • What is the importance of international law to businesses engaged in international trade?
    12·1 answer
  • The quantity demanded x for a product is inversely proportional to the cube of the price p for p &gt; 1. When the price is $10 p
    9·1 answer
  • 3. If you are the victim of fraud in Oklahoma, the best place to start is by
    13·1 answer
  • Merone Company allocates materials handling cost to the company's two products using the below data:Modular Homes Prefab Barns T
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!