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maks197457 [2]
4 years ago
9

One hundred of the voters in a town are willing to pay $100 each to support a public green space, which will cost $10,000 to bui

ld and maintain. One hundred and fifty voters in the same town do not value the public green space. What is the social marginal benefit of the public green space
Business
1 answer:
Zina [86]4 years ago
5 0

Answer:

Social Marginal Benefit = 10000

Net Social Marginal Benefit = 0

Explanation:

For Public Goods, Marginal benefit to each consumer is reflected within their willingness to pay for the public good.

Marginal Benefit (Willingness to pay) = 100 for 100 people, 0 for 150 people

So, Marginal Benefit = (100) (100) + (150) (0)

= 10,000

Marginal Cost of the public good space = 10000 [Given]

Net Social Marginal Benefit = Marginal Benefit - Marginal Cost

= 10,000 - 10,000

= 0

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The number at the bottom right of each supplier’s box shows the portion of Boeing’s costs in thelast year that went to that supp
vaieri [72.5K]

Answer:

both

  • United Continental with a capital expenditure of 60.68%
  • Southwest Airlines with a capital expenditure of 51.38%

Explanation:

Since United Continental's purchases of Boeing planes represent over 60% of their capital expenditures, this means that Boeing had to be the primary plane supplier. Even if the company purchased planes form other manufacturer, their purchases would not even be 40% of the company's purchases.

The same applies to Southwest Airlines, even though the purchases from Boeing are a little lower, they are still over 51%. This means the company could not have spent more money on purchasing planes from another company. The maximum purchase from another airplane manufacturer would have been less than 49% at most.

Besides the previous analysis, you must also consider that the company spends money on things besides airplanes, e.g. new training facilities, equipment, computer software, other vehicles, etc.

5 0
3 years ago
Assume that Abby, Ben, Clara, Joe, and Matt are the only citizens in a community. A proposed public good has a total cost of $1,
Viktor [21]

Answer:

(D) Abby, Ben, and Clara

Explanation:

Given that each of the five citizens will share the cost of the public good equally (that is, $200 each), citizens who derive benefits greater than $200 are likely to vote in favor of an equal share of the cost since this option will result in a net benefit of the public good to them.

For instance, net benefit to Abby = $220 benefit - $200 cost = $20 net benefit.

On the other hand, citizens who derive benefits worth less than $200 are less likely to vote in favor of an equal share since an equal share will result in a net loss to them.

For instance, net loss to Matt = $120 benefit - $200 cost = $80 net loss.

Therefore, Abby ($220), Ben ($210) and Clara ($210) are likely to vote in favor of a proposal for an equal share of the cost, since the benefit they derive is greater than the cost in an equal share $200.

5 0
3 years ago
n project quality management, ________ involves monitoring specific project results to ensure that they comply with the relevant
melamori03 [73]

Answer:

Quality Control

Explanation:

The Quality control includes review each phase of the project and assessing whether the company has delivered its fair share according to the contract clauses and its implied duties. The quality controlers have a set of checks which provide sufficient evidence whether or not the relevant quality standards are met or not.

3 0
3 years ago
TRUE/FALSE. if the marginal cost of the 10th unit of output is $15 and the average total cost of the 10th unit of output is $15,
Lubov Fominskaja [6]

Average total cost is minimized at 10 units of output.
As per the relationship between the two, at such a point average cost is the lowest and after that, from the next unit onwards it starts rising.

<h3>By marginal cost, what do you mean?</h3>

The term "marginal cost" describes the rise in manufacturing costs brought on by the creation of more product units. A different name for it is the marginal cost of production. Businesses may evaluate how volume produced affects cost and, eventually, profitability by calculating the marginal cost.

<h3>What does "total average cost" mean?</h3>

The average total cost is calculated by dividing the total cost of production by the total output. In other words, the average cost is the sum of the firm's total fixed and variable costs divided by the sum of the units it produces.

Learn more about marginal cost here:
brainly.com/question/15583202
#SPJ4

3 0
1 year ago
Marie and Ramesh form Roundtree Corporation with the transfer of the following. Marie performs personal services for the corpora
prisoha [69]

Marie and Ramesh's current income, gain, or loss and the basis that each takes in the Roundtree stock are: $175,200. $175,200, $0, $475,640.

<h3> Current income, gain, or loss and the basis</h3>

Marie has a basis equal to fair market value of $175,200.

Ramesh has no recognized gain on the receipt of stock reason being that all of the consideration that Ramesh transfers to Roundtree stock qualifies as property. Hence, Ramesh gain is $0.

Ramesh basis:

Ramesh basis=$25,000 + $50,000 + $400,640

Ramesh basis=$475,640

Hence:

Marie has income of $175,200 and $175,200 basis in her 400 shares

of stock and Ramesh has income of $0 and $475,640 basis in her 1600 shares of stock.

Inconclusion  Marie and Ramesh's current income, gain, or loss and the basis that each takes in the Roundtree stock are: $175,200. $175,200, $0, $475,640.

Learn more about current income, gain, or loss and the basis here:brainly.com/question/8084221

3 0
3 years ago
Read 2 more answers
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