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QveST [7]
3 years ago
9

Suppose that a small county is considering adding a guard rail to a dangerous curve by a river. The guard rail will cost $70,000

. The average damage done to vehicles that slide off the road at the curve is $10,000. It is expected that the guard rail will prevent 5 vehicles from sliding off the road during its usable life. What should the county do? a. Install the guard rail because the benefits exceed the costs. b. Do not install the guard rail because the costs exceed the benefits. c. Install the guard rail because safety is priceless. d. Do not install the guard rail at any cost because drivers can purchase private insurance for their vehicles.
Business
1 answer:
Stolb23 [73]3 years ago
7 0

Answer:

b. Do not install the guard rail because the costs exceed the benefits

Explanation:

The cost of the guard rail is $70,000.

The average damage to a car that slides off the road at the curve is $10,000.

Number of cars the guard rail is expected to save from sliding off the road is 5.

Therefore, Total damage prevented/saved is 5 * $10,000= $50,000

Total cost of installing the guard rail is $70,000

So, the cost exceed the benefits.

It is expected the county will not install the guard rail because the total cost outweighs the benefits.

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The correct answer is Only (A) and (C) are true

Explanation:

In a study or research, the control group is the one that does not receive a treatment. This means, in this case, the control group includes those who only drink the green tea without the herbs because they serve as a standard to measure the effects of the herbs. This makes statement A (The "only green tea" group serves as the control group) true; also, the group receiving the herbs is the experimental group.

On the other hand, a double-blind study is one in which the researchers and the participants ignore who is receiving the treatment, which guarantees there is objectivity. This occurs in the study presented because neither the researcher nor the subjects known who received the herbal mix. Thus, statement C (This study is double-blind) is true.

Finally, a study is classified as observational if there is not intervention but the researchers just observe participants to study a phenomenon. This does not occur in the study presented because there is an intervention through the herbal treatment, and therefore the study is not observational.

3 0
4 years ago
Who advanced both preservation and managing resources sustainably to found the discipline of wildland management used in the Uni
Mariulka [41]

Answer:

Aldo Leopold

Explanation:

Aldo Leopold (1887 - 1948) was a founder of wildlife management. He taught at the University of Wisconsin and is famous for his book <u>A Sand County Almanac</u>, 1949, which sold over 2 million copies.

His work focused on the development of environmental ethics and wilderness conservation.

4 0
3 years ago
Raymond owns an Accidental Death and Dismemberment Policy with a principal sum of $50,000, and a capital sum of $25,000. After o
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Answer:

He will get nothing from the Accidental Policy.

Explanation:

  • Raymond owns an Accidental policy but he Dies from Coronary artery disease. according to insurance companies policy, he will get nothing when he is dead by any means other than by accident.
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6 0
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Explanation:

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5 0
3 years ago
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