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Anestetic [448]
4 years ago
7

A rather large city has only one fire station, two fire trucks, and four firefighters. Is fire protection in this city character

ized by rivalry in consumption?
Business
1 answer:
igomit [66]4 years ago
4 0

Answer:

Yes, fire protection in this city is characterized as rival in consumption. Suppose a good that is rival in nature, so consumption by one individual will impact the availability of good for the others. This means that less quantity will be available for the others.

If a city has only one fire station, two fire trucks and four firefighters then it is characterized as rival in consumption because consumption of fire protection by one individual will make the fire protection unavailable for the others, due to its limited availability.

Suppose if there is an emergency call received from about 15 houses then the fire protection have to choose 3 or 4 houses among them because of limited resources. This shows that fire protection is unavailable for others.

Hence, fire protection is rival in nature.

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Neporo4naja [7]

Answer:

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7 0
4 years ago
Our society is increasingly becoming more diverse. Discuss how this affects you as an individual, an organization, and society a
Mekhanik [1.2K]

Answer

Hello,

Well, a diverse society is stable and alive with positive dynamics, easy to adapt to changes and always geared towards a positive evolutionary.

As an individual, a diverse society offers greater opportunity for personal and professional growth.

In the society, diverse cultural views can inspire creativity and innovation. A diverse society has a pool of diverse skills base which allows an organization to produce broader and more adaptable range of goods and services.

A challenge in this is that integration across multicultural groups can be difficult due to negative cultural stereotypes. Some countries require navigating visa and application of employment laws that could be challenging requirements.

Diversity quotas in colleges can be outlawed but still allow colleges to consider race in admitting students.

Wish you luck!

5 0
3 years ago
Ford had no presence in India before 2005, but it used the __________________ approach to open its own first manufacturing unit
Daniel [21]

Answer:

Letter A is correct. <u><em>Direct investment.</em></u>

Explanation:

Direct Investment or Foreign Direct Investment is defined as international investment for the purposes of creation and operations in another country. This type of investment may establish a majority or minority interest in companies that give the investor control over the operations and activities of that company.

In the case of the matter, it involves the Ford company whose direct investment was made in India to open its own business operations in India.

It is a type of complex investment, often used by companies wishing to establish a commercial presence in foreign countries, so it involves not only capital and interest, but management systems and technology.

3 0
3 years ago
In calculating depreciation: a.Double declining balance is a method of straight-line depreciation. b.MACRS depreciation requires
Marianna [84]

Answer:

The correct answer is letter "D": Straight-line depreciation is higher than double-declining-balance depreciation in the later years.

Explanation:

With the straight-line approach, depreciation is distributed equally during the life cycle of an asset. While using the double-declining-balance approach, a higher amount of depreciation is allocated during the first years while the asset is highly used and the depreciation reduces as long as the life of the asset ends.

Thus, <em>given a certain asset, the depreciation with the double-declining-balance will be minimum at a later age but evenly distributed using the straight-line method. Then, the amount of depreciation with the straight-line method is likely to be higher.</em>

8 0
4 years ago
QRC Company is trying to decide which one of two alternatives it will accept. The costs and revenues associated with each altern
Goshia [24]

Answer:

$12,500

Explanation:

Differential revenue = Alternative A revenue - Alternative B revenue

Differential revenue = $75,000 - $62,500

Differential revenue = $12,500

Thus, the differential revenue for this decision is $12,500

8 0
3 years ago
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