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3 years ago

The marginal benefit to society of reducing pollution declines with increases in pollution abatement because of the law of

Business

1 answer:

damaskus [11]3 years ago

4 0

Answer:

diminishing marginal utility

Explanation:

According to diminishing marginal utility, the utility of consuming an extra unit increases until a point. After that, the utility tends to diminish from consuming an extra unit. The marginal benefit to society of reducing pollution declines due to diminishing marginal utility concept. The benefit of a decrease in pollution starts to decline after a certain period of time.

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Amy Lloyd is interested in leasing a new Honda and has contacted three automobile dealers for pricing information. Each dealer o

Ksivusya [100]

Answer:

For 12000, 15000 and 18000 miles per year respectively.

Dealer = Hepburn Honda:

10764 USD, 12,114 USD, 13464 USD

Dealer = Midtown Motors:

11,160 USD, 11,160 USD, 12,960 USD

Dealer = Hopkins Automotive:

11,700 USD, 11,700 USD, 11,700 USD

Explanation:

Payoff Table Construction:

The assumption of miles per year will definitely help to calculate the overall cost. Here we go:

1. Assumption no: 1:

12000 miles = 1 year

24000 miles = 2 years

36000 miles = 3 years

Let's calculate the cost for Hepburn Honda Dealer:

Dealer = Hepburn Honda:

3 years = 36 months

For 12000 miles per year drive

For 3 years = 36000 miles

So, we have:

36(299) + 0.15(36000 - 36000) = 10764 USD

For 15000 miles per year drive

For 3 years = 45000 miles

36(299) + 0.15(45000-36000) = 12,114 USD

For 18000 miles per year drive

For 3 years = 54000 miles

36(299) + 0.15(54000-36000) = 13464 USD

Above are the calculations for dealer Hepburn Honda. Now, let's calculate for the second one.

Dealer = Midtown Motors:

For 12000 miles per year drive

For 3 years = 36000 miles

So, we have:

36(310) + 0.20 x max(36000 - 45000) = 11,160 USD

For 15000 miles per year drive

For 3 years = 45000 miles

36(310) + 0.15 x max(45000-45000) = 11,160 USD

For 18000 miles per year drive

For 3 years = 54000 miles

36(310) + 0.20 x max(54000-36000) = 12,960 USD

Above are the calculations for dealer Midtown Motors. Now, let's calculate for the third one.

Dealer = Hopkins Automotive:

For 12000 miles per year drive

For 3 years = 36000 miles

So, we have:

36(325) + 0.15 x max(36000 - 54000) = 11,700 USD

For 15000 miles per year drive

For 3 years = 45000 miles

36(325) + 0.15 x max(45000-54000) = 11,700 USD

For 18000 miles per year drive

For 3 years = 54000 miles

36(325) + 0.15 x max(54000-54000) = 11,700 USD

Payoff Table:

For 12000, 15000 and 18000 miles per year respectively.

Dealer = Hepburn Honda:

10764 USD, 12,114 USD, 13464 USD

Dealer = Midtown Motors:

11,160 USD, 11,160 USD, 12,960 USD

Dealer = Hopkins Automotive:

11,700 USD, 11,700 USD, 11,700 USD

5 0

3 years ago

A monthly fixed rate mortgage payment

elena55 [62]

B, it's a steady mortgage rate that won't change.

3 0

3 years ago

A bank reconciliation should be prepared when an employee is suspected of fraud. to explain any difference between the depositor

IrinaK [193]

Answer:

to explain any difference between the depositor’s balance per books with the balance per bank

Explanation:

The goal of this process is to ascertain the differences between the banks records and the depositor’s records and make accounting changes as deemed appropriate. There is a general flow that is used to make the correcting entries:

1. The process flow starts with the bank’s ending cash balance

2. Add any deposits made by the company to the bank that are in transit

3. Deduct any cheques that are uncleared by he bank

4. Add or deduct any other items available as necessary

5. In the company bank records, once again start with the ending balance

6. Deduct any bank service fees, penalties and NSF (Non-Sufficient Funds) cheques.

7. Add interests earned

At the end of this process, it is likely that both accounts would be equal and tally.

4 0

3 years ago

Katia, the computer department manager at Tech Enterprises, is considering whether to use a group to develop a plan to help empl

GrogVix [38]

Answer:

It will increase acceptance of the plan

Explanation:

Group decision making can be a successful method to urge colleagues to share their encounters, instruction, and points of view in a sheltered domain to promote the objectives of an individual or expert group. You can exploit different suppositions to locate a superior decision.

The sharing of data among bunch individuals is another bit of leeway of the cooperative choice-making process. Collective choices consider a more extensive extent of data since each gathering part may contribute one of a kind data and ability. Sharing data can expand understanding, explain issues, and encourage development toward an aggregate choice.

4 0

4 years ago

True or false: gross domestic product (gdp) measures total expenditures on final goods and services during a given period of tim

Fittoniya [83]

That statement is True.

The purpose of calculating Gross Domestic Product is to measure the market value of all the goods and services that produced by a country within a specific time period.

Gross Domestic Product is calculated using this formula:

Consumption + Gross Investment + Government investment + (Exports - Imports)

6 0

3 years ago

Read 2 more answers