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lakkis [162]
3 years ago
12

For each of the goods, classify them according to whether they are rivalrous, nonrivalrous, excludable, or nonexcludable. Rivalr

ous is also referred to as rival in consumption.A sports team t-shirtrivalrous and excludablenonrivalrous and nonexcludablenonrivalrous and excludablerivalrous and nonexcludableThe air we breathenonrivalrous and nonexcludablenonrivalrous and excludablerivalrous and excludablerivalrous and nonexcludableAtlantic bluefin tuna in the Mediterranean Searivalrous and nonexcludablerivalrous and excludablenonrivalrous and excludablenonrivalrous and nonexcludableA toll road in normal trafficnonrivalrous and excludablenonrivalrous and nonexcludablerivalrous and excludable
Business
1 answer:
Jobisdone [24]3 years ago
7 0

Answer:

1. Sports Team Shirt - Excludable / Rivalrous

2. Air we breathe - Non - Excludable / Non - Rivalrous

3. Atlantic Bluefin Tuna - Non -Excludable / Rivalrous

4. A Toll Road - Excludable / Non - Rivalrous

Explanation:

A rivalrous good is one in which usage, by an individual limits the ability of another to use the same good. Rival goods are tangible. This means that they can be held or touched. Examples in this category are; A sports team shirt and, the Atlantic Blue Fin Tuna. Eating a Tuna would limit access to another person, who wants to eat Tuna at that point in time. The same would apply to wearing a sports shirt.

A Non - Rivalrous good is one in which usage by an individual does not limit consumption by another. Most non - tangible goods are non -

rivalrous. Examples in this category are; the air we breathe, and the Toll Road. Almost anyone can access these.

Excludable goods are only used after payment for them has been made. Examples are the Toll Road and the Sports Team Shirt.

Non - Excludable goods can be used even when payment has not been made. Examples are Air and The Atlantic Blue Fin Tuna which anyone can access.

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The selection of an appropriate discount rate for determining net present value of a particular investment proposal does not dep
Rasek [7]

Answer:

The answer is A.

Explanation:

Out of all the options, only option A is the odd one out. Discount rate for determining net present value of an investment is never dependent upon the present value of the proposal's future cash flows.

Discount rate is dependent upon option B because for selecting a particular investment, alternative investment opportunities must have been considered and if the discount rate for alternative investment was better, it would have been preferred.

Also for Option C. Discount rate for risky investment will be different from the less risky.

It is also dependent upon option D because the cost of equity is always higher than the cost of debt. So it will be different.

3 0
3 years ago
The nominal interest rate is 6 percent and the real interest rate is 2.5 percent. What is the inflation rate?
Vlad1618 [11]

Answer:

3.5 percent

Explanation:

6 0
2 years ago
Suzanne owns interests in a bagel shop, a lawn and garden store, and a convenience store. Several full-time employees work at ea
ollegr [7]

Answer:

In order for Suzanne to be considered an active participant in her stores, she must work at least 31 hours more. That way, her total working hours will be above 500, and she can deduct any losses from her adjusted gross income.

If she doesn't work at least 31 hours more, these activities will be considered passive activities and can only offset passive income.

Explanation:

4 0
2 years ago
A company has a margin of safety of 20%. If expected sales are $50,000, then break-even sales are:_______
uranmaximum [27]

Answer:

40000

Explanation:

(50000-x)/50000=20%

3 0
1 year ago
For the fiscal year ending December 31, previous year and the current year, Justin Co. has net sales of $1,000,000 and $2,000,00
Semmy [17]

Answer:

A) Accounts receivable turnovers are 10.0 and 6.6 and the ratios of uncollectible accounts receivable to gross accounts receivable are 0.30 and 0.16, respectively. Examine allowance for possible understatement of the allowance.

Explanation:

accounts receivable turnover from the previous year = total sales previous year / average gross receivables previous year = $1,000,000 / $100,000 = 10

accounts receivable turnover from the current year = total sales current year / average gross receivables current year = $2,000,000 / $300,000 = 6.67

ratios of uncollectible accounts receivable to gross accounts receivable for previous year = $30,000 / $100,000 = 0.3

ratios of uncollectible accounts receivable to gross accounts receivable for current year = $50,000 / $300,000 = 0.167

Option A shows the correct amounts for the accounts receivable turnover and ratios of uncollectible accounts receivable to gross accounts receivable. Since the ratio of uncollectible accounts receivable decreased so much during the current year, the allowance for accounts receivables for the current should be double checked to see if it wasn't understated.

4 0
3 years ago
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