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Margarita [4]
3 years ago
14

A recent study shows the benefits of using public transportation. Government officials have hired your consulting firm to increa

se the demand for public transportation. They come to you with three of their suggestions.
1. Reduce the price of public transportation.
2. Increase the price of private transportation by increasing tolls.
3. Offer monthly and yearly passes that reduce the price paid per ride of public transportation
Business
1 answer:
Airida [17]3 years ago
5 0

Answer:

option two is the correct answer

Explanation:

as a consulting firm i will advice the government officials to increase the price of tolls. Due to the increase in price of tolls, private transportation will be paying higher tolls fee and thereby increase farefee. on the other hand Government are the owner of tolls the money paid by public transportation will in turn go back to government. so government need not increase the fee for fare which will make it the best option for individual to patronize.

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How do self-interest and competition affect the market.
ikadub [295]

Answer: Self-interest, competition, and incentives promote smoothly running markets. Unforeseen events disturb supplies of goods and services and affect prices in the marketplace. Rising prices, specialization, negative incentives, and multiple markets.

Explanation: Hope this helps :)

7 0
3 years ago
Suppose a perfectly competitive firm produces 40 units of output per-period (e.g., daily) and sells all units for the market pri
Komok [63]
The correct answer for the question that is being presented above is this one: "F. i and iii" Then the firm is maximizing total profit by producing and selling 40 units of output and <span>earns a per-period total profit of $240 </span>

Here are the choices:
A. i
B. ii
C. iii
D. iv
E. i and ii
F. i and iii
5 0
3 years ago
Your client, Brooke, decides to start saving for her son's college tuition. Her son was born today and will go to college at age
oksian1 [2.3K]

Answer:

The present value of the total amount that Brooke needs to have saved at the beginning of her son's first year of college is 31.959,13

Explanation:

Tuition Fees after inflation at

Year 18 = 15000* ( 1+6.5%)18 = 46599.8157

Year 19 = 15000* ( 1+6.5%)19 = 49628.8037

Year 20 = 15000* ( 1+6.5%)20 =  52854.6759

Year 21 = 15000* ( 1+6.5%)21 =  56290.2299

Since discount rate = 10%

So discount factor = 1+r = 1+10% = 1.1

Since fees are paid at beginning of period hence

Present Value of Fees = Fees (year 18)/1.1^18 +Fees at Year 19/1.1^19 +Fees at Year 20/1.1^20 + Fees at year 21/1.1^21 = 46599.8157/1.1^18 +  49628.8037/1.1^19 +  52854.6759/1,1^20 + 56290.2299^21 = 31959.13

3 0
4 years ago
"judith supervises a call center department that receives stress-producing calls from unhappy customers. turnover has increased
ICE Princess25 [194]

Judith is likely demonstrating the leadership style called affiliative. This leadership style tends to focus more on the people as a way of establishing or building relationships or to be able to communicate or understand the people associated with the certain task or problem.

7 0
3 years ago
Groupe Air uses two measures of activity, flights and passengers, in the cost formulas in its budgets and performance reports. T
lions [1.4K]

Answer:

$8,331 Favorable

Explanation:

The computation of activity variance for plane operating costs is shown below:-

For computing the activity variance for plane operating costs we need to find first the expected cost which is shown below:-

Expected cost = $36,240 + ($2,058 × 84) + (1 × 239)

= $36,240 + $172,872 + 239

= $209,351

Activity variance for plane operating costs in October = Expected - Actual

= $209,351 - $201,020

= $8,331 Favorable

5 0
3 years ago
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