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AlexFokin [52]
3 years ago
11

Obama drives up​ miles-per-gallon requirements Emissions from all new vehicles must be cut from 354 grams to 250 grams. To meet

this new​ standard, the price of a new vehicle will rise by​ $1,300. ​Source: USA Today​, May​ 20, 2009 What is the opportunity cost of reducing the emission level by 1​ gram?
Business
1 answer:
Temka [501]3 years ago
6 0

Answer:

$12.5 per gram

Explanation:

Opportunity cost is the cost which is:

  • Future related cost
  • Cash flow in nature
  • Incremental Cost or Differential

In simple words, opportunity cost is the benefit lost due to given up another best alternative.

To reduce the pollution level from 354 to 250 gram, the price of new vehicle will increase by $1300.

Hence

The increase in price per gram = $1,300 / (354 - 250) = $12.5 per gram

This is the opportunity cost per gram increase in Carbon dioxide emission which the companies will have to bear if they don't opt to environmental free vehicles.

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drek231 [11]

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3 0
4 years ago
Direct Method Question (2026, Current Period): 2026 2025 A/R 49,000 23,000 Prepaid Insurance 15,000 3,000 Salaries Payable 13,00
hammer [34]

Answer:

$49,000

Explanation:

Missing<em>"Cash Event => Cash Paid for Salaries Second Number => _____ __?___, ______ ______ ______"</em>

<em />

Cash paid for salaries (using direct method)

Particulars                                                           Amount

Opening salaries payable                                  $5,000

Add: Salaries expense for the current year      $57,000

Less: Closing salaries payable                           <u>$13,000</u>

Cash paid for salaries during current year     <u>$49,000</u>

4 0
3 years ago
The Country Music Hall of Fame is considering increasing admission prices to increase gross revenue. If the price of admission r
Kitty [74]

Answer:

1

Explanation:

Elasticity of demand measures the responsiveness of quantity demanded to changes in price.

Elasticity of demand = percentage change in quantity demanded / percentage change in price

Percentage change in quantity demanded = (30/20) - 1 = 0.5 = 50%

Percentage change in price = (1500 / 3000) - 1 = 0.5 = 50%

50% / 50% = 1

I hope my answer helps you

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3 years ago
In business, which of the following tones should be part of every written communications? a. Funny b.Vague c.Sarcastic d.polite​
dlinn [17]

Answer:

Polite

Explanation:

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Look at the following financial ledger which items listed on the ledger represent credits
Bogdan [553]

Answer:

The answer is B. Gift and online auction I hope this helps

Explanation:

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3 years ago
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