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
sukhopar [10]
3 years ago
13

Suppose that your local police department recovers 100 tickets to a big NASCAR race in a drug raid. It decides to distribute the

se to residents and announces that tickets will be given away at 10 am Monday morning at City Hall.
The groups of people most likely to get the tickets will be those for whom the expected marginal _____ of going are greater than the expected marginal _____.
Business
1 answer:
bezimeni [28]3 years ago
5 0

Answer:

The correct answer that fills the gap are: Benefits; cost.

Explanation:

The benefit that arises from increasing an activity is called a marginal benefit. For example, imagine that you spend four nights a week studying and that your average grade is 7 (on a scale of 10). As you want to upload your notes, you decide to study one more night per week. Its average rating increases to 7.5.

The cost of an increase in an activity is called marginal cost. For you, the marginal cost of increasing your study time one night per week is the cost of the additional night that does not happen with your friends (if that is the best alternative to spend your time). This cost does not include that of the four weekly nights that you already dedicate to the study.

To make your decision, you must compare the marginal benefit of an additional study night with the marginal cost. The sensible thing is to study the additional night. If the marginal cost exceeds the marginal benefit, there is no reason to study the additional night.

When we evaluate the benefits and marginal costs we choose only those actions that offer more benefits than costs, we are using our scarce resources in the most advantageous way possible.

You might be interested in
The situation described in the first excerpt, what is the inspector's opinion of employer taylor, ibbotson, and co.? what phrase
kap26 [50]

Full Question:

Directions: The following excerpts come from reports of child labor practices submitted to Parliament.

The first is from a report by Superintendent of Factory Inspections Robert A. Baker in 1836, three years after the 1833 Factory Act went into effect.

The second is a personal narrative from a report compiled by the Children's Employment Commission nearly 30 years later in 1864. Read the excerpts and answer the questions that follow:

<em>My Lord, in the case of Taylor Ibbotson, and Co., I took the evidence from the mouths of the boys themselves. They stated to me that they commenced working on Friday morning, the 27th of May last, at six, A.M, and that, with the exception of meal hours and one hour at mIdnIght extra, they did not cease working till four o'clock on Saturday evening, having been two days and a night thus engaged. Believing the case scarcely possible, I asked every boy the same question, and from each received the same answer. I then went into the house to look at the time-book, and in the presence of one of the Masters referred to the cruelty of the case, and stated that I should certainly punish It with all the severity In my power....  My Lord, by a clause In the factory act, it Is enacted that, “no more than one penalty can be obtalned from any one person for any one description of offence in any one day” Had I laid the information, therefore, on all the boys for the same offence, the penalty could have only been 20/. [About $100 in 2010] a sum which appeared to me inadequate to the gross nature of the offence committed, I therefore, my lord, varied the Information, so as to enable me to sue for 80/ [about $400 In 2010], being four full penalties, could I have obtained them, laying the first for working two boys more than twelve hours on the Frlday; the second for working a boy before five o'clock on the Saturday morning; the other for working two boys in the night time, between FrIday and Saturday; and the fourth for keeping a false time-book, as to the hours of working. These views, however my lord, were not responded to, I very much regret to say, by the magistrates before whom the case was heard. The parties were only fine 50/. [about $50 fo In 2010] on each Information, and wIth an aggregate of penalties of 102 [about $100 In 20101 escaped.  —Robert A. Baker, Superintendent of Factory Inspections, 1836 </em>

Question: The situation described in the first excerpt, what is the inspector's opinion of employer Taylor, Ibbotson, and co.? what phrases in the report support this

Answer:

The inspectors opinion of Taylor Ibboston and Co, is that they have engaged in criminal activities which are in violation fo the 1833 Factory Act. He is also is of the opinion that they ought to be punished to the full extend of the Law.

Explanation:

In the excerpt, he clearly states:

<em>I then went into the house to look at the time-book, and in the presence of one of the Masters referred to the cruelty of the case, and stated that I should certainly punish It with all the severity In my power....  </em>

<em />

Another phrase which supports his position states:

<em> I therefore, my lord, varied the Information, so as to enable me to sue for 80/ [about $400 In 2010], being four full penalties, ... </em>

<em />

Cheers!

7 0
3 years ago
Scott is the business head of a software development firm that wants to increase its market share to 30 percent in the next 5 ye
AysviL [449]

Answer:

tactical planning      

Explanation:

Tactical planning considers a general framework for an enterprise and carries out concrete short-term goals and strategies, typically by division or position of the business. The range of tactical planning is lower than the range in conventional aircraft.

The range in tactical planning is lower than that of the range of conventional aircraft. If the action plan is five years, operational strategies may be one or three years or even fewer based on the type of sector the organization represents and the availability of information.

5 0
3 years ago
Carlos owns a hardware store he currently is not using any software to track what he has in the store and wanted to sentences de
zubka84 [21]
I don't understand this question well, but try a Windows.
8 0
3 years ago
The income statement reports all of the following except: Group of answer choices The time period over which the earnings occurr
velikii [3]

All of the following are reported in the income statement, with the exception of Assets owned by a business which is a balance sheet item not included in income statement.

A financial report describing a company's income and expenses over a reporting period is called an income statement. It is usually prepared quarterly or annually and is also known as a profit and loss (P&L) statement. An organization's financial performance over a reporting period is shown in income statements.

The following details are commonly found on an income statement:

Revenue: The amount of money received by a company during a reporting period

Costs : Incurred by a company during a reporting period.

Costs of goods sold (COGS): The total expenses for the parts that make up any good or service that a business produces and sells.

Revenue less the cost of items sold is known as gross profit.

gross profit less operating expenses equals operating income.

Operating income less non-operating costs equals income before taxes.

Net income: Earnings before to taxation

Net income divided by the total number of outstanding shares is known as earnings per share (EPS).

Depreciation: The gradual loss of value in assets over time, including stock, machinery, and property

Earnings before interest, taxes, depreciation, and amortization, or EBITDA

Learn more about income statement here

brainly.com/question/24052393

#SPJ4

8 0
2 years ago
Licensee mike was owed a commission from seller jane. jane has refused to make payment. what recourse does licensee mike have?
Westkost [7]

Licensee mike was owed a commission from seller jane. jane has refused to make payment. The recourse licensee mike has is he can seek damages from his broker.

A sales commission is typically an amount paid to an employee upon completion of a task for the sale of a specified quantity of goods or services. Employers sometimes use sales commissions as an incentive to increase employee productivity. Commissions may be paid in addition to or in lieu of salary.

Commission-based compensation benefits employees because they are ultimately in control of their income. In many ways, when a company uses commission payments, it doesn't limit an employee's potential to increase their income. Jobs that typically earn commissions include:

Learn more about commission here:brainly.com/question/25169847

#SPJ4

5 0
2 years ago
Other questions:
  • Tate Company purchased equipment on November 1, 2020 and gave a 3-month, 9% note with a face value of $120,000. Tate’s year-end
    10·1 answer
  • You are a member of the marketing team at the dannon company, inc. the company makes a variety of yogurt products including one
    11·1 answer
  • Your coworker makes a comment about a blouse you are wearing. The comment makes you very uncomfortable. This is an example of:
    11·1 answer
  • Which of the following is not a type of savings account? A) money market savings B) savings bonds C) basic savings D) certificat
    14·2 answers
  • The possibility that management of the corporation may not be pursuing the same goals as the same goals as those of stockholders
    5·1 answer
  • NEED HELP ASAP WILL MARK BRILLIANT What is the practice of issuing proof of compliance with regulations through inspection?
    11·1 answer
  • Click this link to view O*NET’s Tasks section for Human Resources Managers. Note that common tasks are listed toward the top, an
    11·3 answers
  • Buying insurance and investing in the future requires spending less in the present. Why is this a hard choice for many people? W
    10·2 answers
  • For those wishing to purchase a franchise, the Federal Trade Commission acts as a guardian ensuring that the business idea is so
    12·1 answer
  • If the economy's real GDP doubles in 9 years, we can rev: 05_30_2018 Multiple Choice not say anything about the average annual r
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!