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FrozenT [24]
4 years ago
10

Suppose the first bill is passed, raising the probability of catching any given terrorist from 10% to 20%. however, this isn't e

nough for some. one representative introduces a bill that would increase security by an additional 10 percentage points, from 20% to 30%. again, assume these measures do not change the position of the blue curve. what is the opportunity cost of this additional measure?
Business
1 answer:
Gennadij [26K]4 years ago
3 0

The correct answer is 40 million additional visitors per year.

Suppose the first bill is passed, raising the probability of catching any given terrorist from 10% to 20%. However, this isn't enough for some. One representative introduces a bill that would increase security by an additional 10 percentage points, from 20% to 30%. Again, assume these measures do not change the position of the blue curve.

The opportunity cost of this additional measure is 40 million additional visitors per year.

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The primary function of "Institutional Review Boards" and other similar groups is to:____________.
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Answer: 3. decide whether to approve or disapprove research studies involving the use of human participants.

Explanation:

Under FDA regulations, an Institutional Review Board is a group convened with the authority to review and monitor biomedical research involving human beings as subjects.

The IRB has the authority to approve, require modifications in (to secure approval), or disapprove research and this serves a very important role in the rights and welfare protection of human research subjects.

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Teams generally have which of the following effects on stereotypes and biases in the workplace? a. Teams will reduce communicati
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The budget for the month of May was for 9,600 units at a direct materials cost of $21 per unit. Direct labor was budgeted at 30
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Answer: a) unfavorable direct labor price (rate) variance of $2,085.

Explanation:

The purpose of calculating variance is to see if a company is being efficient in it's production of goods and services or in it's general affairs. The variance is calculated by subtracting the actual amount that was used to do something from it's budgeted amount.

If the actual amount is higher then the Variance is said to be Unfavourable. The reverse holds true.

Calculating the Direct Labor price (rate) Variance will give us,

Direct Labor Price (rate) Variance = (Actual Price - Standard price)*Actual Hour

NB - Figures are given for 30 minutes so need to be converted.

Direct Labor Price (rate) Variance = (111,285/9,100 *2 - 115,200/9,600 * 2 ) * 9100/2

= $2,085

Actual Price (rate) variance was higher than Standard Price (rate) variance which led to an Unfavourable balance of $2,085

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3 years ago
Blogging has brought southern nights nursery a step in the right direction toward building relationships with its customers. the
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3 years ago
A monopoly firm can sell 150 units of output for $10 per unit. Alternatively, it can sell 151 units of output for $9.98 per unit
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If A monopoly firm can sell 150 units of output for $10 per unit. The marginal revenue of the 151st unit of output is $6.98.

<h3>Marginal revenue</h3>

Using this formula

Marginal revenue=(Number of units×Price per units)-(Alternate Number of units×Price per units)

Let plug in the formula

Marginal revenue=(151 units×$9.98 per units)-(150 units×$10 per units)

Marginal revenue=$1,506.98-$1,500

Marginal revenue=$6.98

Therefore the marginal revenue of the 151st unit of output is $6.98.

Learn more about marginal revenue here:brainly.com/question/10822075

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2 years ago
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