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marysya [2.9K]
3 years ago
7

Suppose public authorities were contemplating locating a hazardous waste incinerator in a particular community. If the members o

f this community offered to pay $25,000 to keep it out of their area, this amount is equal to their ________ for clean air.
Business
1 answer:
Sergeeva-Olga [200]3 years ago
8 0

Answer:

Explanation:

The fact that members of that particular community are willing to pay a large sum of money as much as $25,000 demonstrates their willingness to pay for clean air which is actually beneficial to the health because studies have shown that breathing in unclean air can lead to several respiratory illnesses of varying severity.

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According to the principle of comparative advantage, Group of answer choices countries should specialize in the production of go
Vanyuwa [196]

Answer:

should specialize in the production of goods for which they have a lower opportunity cost of production than their trading partners

Explanation:

A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries.

For example, country A produces 10kg of beans and 5kg of rice. Country B produces 5kg of beans and 10kg of rice.  

for country A,  

opportunity cost of producing beans = 5/10 = 0.5

opportunity cost of producing rice = 10/5 = 2

for country B,  

opportunity cost of producing rice = 5/10 = 0.5

opportunity cost of producing beans = 10/5 = 2

Country A has a comparative advantage in the production of beans and country B has a comparative advantage in the production of rice

Country A should specialise in the production of beans and B  should specialise in the production of rice

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2 years ago
Qualitative data has been described as voluminous and sometimes overwhelming to the researcher. in what ways could a researcher
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Researchers can manage and organize data by using strategies in research that will help them into organizing the information that they were able to obtain from the researches that they study. Strategies in which could help them in managing and organizing data are the following—communication, group meetings in which people who are involved with the study, extensive training, conceptual framework development and trails for external and internal audit in which should be created.

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3 years ago
Block of crust that is located above the fault of plane?
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The expectations theory of the term structure of interest rates states that forward rates are determined by investors' expectati
ra1l [238]

Answer:

forward rates are determined by investors' expectations of future interest rates.

Explanation:

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The Expectations theory gives us the opportunity to predict the future outcome of short-term interest rates based on current long-term interest rates.

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