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ad-work [718]
3 years ago
15

The Tragedy of the Commons will be evident when a growing number of sheep grazing on the town commons leads to the destruction o

f the grazing resource. To correct this problem, the town could _____.
a. allow individual shepherds to choose their own flock sizes.
b. internalize the externality by subsidizing the production of sheep's wool.
c. auction off a limited number of sheep-grazing permits.
d. wait until the market corrects the problem.
Business
1 answer:
alexdok [17]3 years ago
7 0

Answer:

the answer is C. auction off a limited number of sheep-grazing permits.

Explanation:

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With respect to the environment in which a business operates, factors such as competition, political and legal forces, and economic climate would all be classified as uncontrollable elements.

What is a controllable element of the marketing environment?

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The main uncontrollable outside factors (economic, demographic, technological, natural, social and cultural, legal, and political) that have an impact on a firm's performance and decision-making.

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2 years ago
Annual maintenance cost for a particular section of highway pavement are $3,000.The placement of a new surface would reduce the
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Answer:

$17,877

Explanation:

initial outlay = ?

net cash flows years 1 to 5 = $3,000 - $400 = $2,600

net cash flows years 6 to 10 = $3,000 - $800 = $2,200

assuming that the discount rate is 6%, we need to determine the maximum amount of initial investment that would result in the NPV = 0

in order to do this we have to calculate the present value of the future cash flows:

PV = $2,600/1.06 + $2,600/1.06² + $2,600/1.06³ + $2,600/1.06⁴ + $2,600/1.06⁵ + $2,200/1.06⁶ + $2,200/1.06⁷ + $2,200/1.06⁸ + $2,200/1.06⁹ + $2,200/1.06¹⁰ = $17,877

that means that the maximum amount that can be invested = $17,877, and that way the NPV = 0

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3 years ago
What is a specific set of organizational practices, policies, and programs, plus a philosophy that actively supports efforts to
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The specific set of organizational practices, policies, and programs, plus a philosophy that actively supports efforts to help employees achieve success at both work and home considered is -work-life effectiveness. This is further explained below.

<h3>What is organizational practices?</h3>

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In conclusion, The precise combination of corporate practices, policies, and programs, plus a mindset that actively supports efforts to assist individuals to achieve success at both work and home regarded called -work-life effectiveness.

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B. Right to simplicity

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