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Nezavi [6.7K]
4 years ago
10

Legislation that offers immediate and easily recognized benefits, at the expense of costs that are observable only in the distan

t future, is often enacted, even when economic inefficiency results. In economics this is referred to as the a. long-term effect. b. political-fallacy effect. c. shortsightedness effect. d. inefficiency effect.
Business
1 answer:
const2013 [10]4 years ago
7 0

Answer:

c. shortsightedness effect

Explanation:

Based on the information provided within the question it can be said that in economics this description refers to the Shortsightedness effect. This is an effect that implies that politicians tend to prefer projects that allow them to generate higher benefits but in a shorter time frame, as opposed to longer time-frames. Even though those program's total costs may exceed the overall benefit in the long run.

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At the Downtown Theater: Orchestra seats are $40, Mezzanine seats are $30, and Balcony seats are $20. Children (under 12) are ha
ella [17]

Answer:

Explanation:

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Use Nested to establish the Grade as P or F.

8 0
3 years ago
Universal Travel Inc. borrowed $500,000 on November 1, 2018, and signed a 12-month note bearing interest at 6%. Interest is paya
Dennis_Churaev [7]

Answer:

$5,000

Explanation:

The computation of the interest payable is shown below:

= Borrowed amount or Principal  × rate of interest × (number of months ÷ total number of months in a year)

= $500,000 × 6% × (2 months ÷ 12 months)

= $5,000

The 2 months is calculated from November 1, 2018, to October 31, 2019

It is somewhat similar to the simple interest formula.

3 0
3 years ago
Sasha has just gotten a new job in a nearby city. After comparison shopping, she found that renting a nice two-bedroom apartment
kramer

Answer:

The advantage over buying the house over renting the apartment is that, you would own the house instead of just renting it. If you own the house, and the mortgage covers everything including repairs if you buy the house while if you need a repair in a rented apartment it would probably cost a fortune. Living in an apartment means that if the owner decides they want to rent the house or sell the house, that you will have to move (or pay for a mortgage which you might as well buy the house that's bigger than buy the apartment.)

Hope this helps! :) Plz mark as brainliest!

8 0
3 years ago
A trucking company must deliver a product to a location 150 miles away. The company must pay the driver a wage of $14 per hour.
topjm [15]

Answer:

Speed of the truck should be 64.03 miles per hour to minimize the cost.

Explanation:

Data provided in the question:

Distance = 150 miles

Wage = $14 per hour

Cost of fuel = ( v² ÷ 250 )

Now,

Total time taken = Distance ÷ speed

= 150 ÷ v

Therefore,

Total cost, TC = Wage + Cost of fuel

= $14 × (150 ÷ v) +  ( v² ÷ 250 )

= \frac{2100}{v}+\frac{v^2}{250}

for point of minima differentiating with respect to 'v'

TC'(v) =  -\frac{2100}{v^2}+\frac{2v}{250} = 0

or

-\frac{2100}{v^2}+\frac{2v}{250} = 0

or

\frac{v}{125}=\frac{2100}{v^2}

or

v³ = 2100 × 125

or

v = ∛262500

or

v = 64.03 miles per hour

hence,

Speed of the truck should be 64.03 miles per hour to minimize the cost.

6 0
4 years ago
the annual discount rate is 10% beginning in 2016, you will receive $10000 on the first day of every year. what is the resent va
-Dominant- [34]

Answer:

$100,000

Explanation:

Data provided

Perpetual cash flow = $10,000

Discount rate = 10%

According to the given situation, the computation of Present value of this inginite sequence of cash flow is shown below:-

Present value = Perpetual cash flow ÷ discount rate

= $10,000 ÷ 10%

= $10,000 ÷ 0.1

= $100,000

Therefore for computing the present value we simply applied the above formula.

7 0
4 years ago
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