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ss7ja [257]
3 years ago
6

Suppose that policymakers are doing cost-benefit analysis on a proposal to add traffic barriers to divide the flow of traffic in

an effort to increase safety on a given highway. Which of the following statements is correct?
A. Because human life is priceless, any measure to increase traffic safety would generate benefits that outweigh the costs.
B. Estimating the value of a human life is difficult but necessary in order to evaluate the proposal.
C. The benefits are usually easier to measure than the costs.
D. Both a and b are correct.
Business
1 answer:
Hatshy [7]3 years ago
5 0

Answer:

B. Estimating the value of a human life is difficult but necessary in order to evaluate the proposal.

Explanation:

Cost benefit analysis is a method used to guage the cost involved in an undertaking or process compared to the benefit.

If the coat is higher than the benefit the activity is discarded.

However if the benefit is greater than the cost it is a good activity to adopt.

In this scenario there is a proposal to add traffic barriers to divide the flow of traffic in an effort to increase safety on a given highway.

We will weigh the cost of setting up traffick barriers and the estimated value of human life.

If cost is more than the value of human life then the project is abandoned. But if value of human life is higher than the cost the project can proceed.

Although it is hard to estimate value of human life, we need to make an estimate in order to use the cost benefit analysis

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Rick and Joe get together and start a mortgage brokerage business. They each contribute $25,000 of capital to the business. Afte
bezimeni [28]

Answer:

a.common stock.

Explanation:

The additional $10,000 of owners equity after listing on the stock market will be named as common stock. After listing company issues shares for capital investment in it. Common stock is the appropriate term used for every addition in the owners equity. So the correct option is a.common stock.

7 0
3 years ago
In the life cycle theory of consumption, the motive to save is:A.To be able to open a business.B.To become wealthy.C.To leave a
DanielleElmas [232]

Answer: To afford to retire

                       

Explanation: The life cycle theory was established by Modigliani in 1957. This theory states that a rational individual manages its expenses with the motive of saving sufficient amount till his or her retirement.

As per this theory, the individual consumes almost same amount of income which leads to the situation of borrowing in times of low income and savings in times of high income.

However the minor differences leads to savings high than borrowings in times of low income the individual significant lowers his or her capital expenditure.

4 0
3 years ago
To determine the net cash provided (used) by operating activities, it is necessary to analyze Group of answer choices the curren
Svet_ta [14]

Answer:

All of these.

Explanation:

All of these are the correct answer because to determine the net cash from the operating activities, there is a requirement of the current year's income statement, additional information such as depreciation and amortization and a comparative balance sheet. In order to get cash from operating activities, the changes and non-cash capital, other non-cash adjustments, depreciation is added to the net income.

8 0
3 years ago
Compare and contrast the U.S. Constitution and the Arizona Constitution. Discuss three findings that account for the significant
marysya [2.9K]

Development, Structure and powers of U.S constitution and Arizona constitution have a huge comparison.

<u>Explanation: </u>

Unlike the United States Constitution, which was embraced in 1787, that wasn't until 1912 that perhaps the Arizona Constitution was accepted, leading to the creation of the 48 states

The common terms,' we the people' all constitutions begin with, but include many different things. After all, there were certain differences between one condition and another for a set of fifty.

The Arizona Constitution states that the legislature must be split into three parts-Legislative, Legislative and executive–which are not applicable to the United States Constitution

Many think of forms to deny or expel someone from office. They will enforce them in both Constitutions. All define the qualifications for their office if they would like to run for office. Another connection that I found was apparent but significant nonetheless.

They both mention the theme of religious liberty, one of the most valuable values in our society. Eventually, both inspire their lawmakers to negotiate with them.

5 0
3 years ago
If the price of a product increases, the demand for the resource used in producing that product decreases.
valentina_108 [34]

Economists call this the law of demand. As the price of a product increases, the quantity demanded decreases (but the demand itself remains the same). If the price falls, the quantity demanded will increase.

Resource Prices – Rising resource prices lead to a decrease in supply or a leftward shift in the supply curve. Falling resource prices lead to an increase in supply or a rightward shift in the supply curve.

An increase in demand shifts the demand curve to the right and a decrease in supply shifts the supply curve to the left.

A decrease in demand leads to a decrease in the equilibrium price. Less quantity to deliver. An increase in supply leads to a  product decrease in the equilibrium price, all other things being equal. Demand increases.

Learn more about resources at

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6 0
2 years ago
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