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lapo4ka [179]
3 years ago
11

The San Francisco Bay Bridge has a toll in the westbound direction. Despite the toll, the bridge experiences congestion during m

orning and evening commute times. What type of good would the westbound direction of the bridge be classified in this case?
Business
1 answer:
slega [8]3 years ago
8 0

Answer:

private good.

Explanation:

Based on the information provided within the question it can be said that the type of good classification in this case would be a private good. This term refers to a product or good that generates positive benefits for a population but are also excludable meaning that the owners can prevent and individual from the good if they have not paid. Which in this scenario the bridge is a private good since individuals who do not pay the toll are not allowed through.

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Answer:

For every $1.00 spent in manufacturing, another $2.79 is added to the economy

Explanation:

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irga5000 [103]

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Explanation:

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Why would anyone select a bank that has unfavorable overdraft policies
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Explanation

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As part of his overall stock portfolio, jason bought a few shares of facebook. in this context, he would best be described as __
larisa86 [58]
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5 0
3 years ago
Quantitative Problem 1: Hubbard Industries just paid a common dividend, D0, of $1.50. It expects to grow at a constant rate of 2
mr Goodwill [35]

Answer:

The current price of Hubbard's common stock is <u>$25.50</u>.

Explanation:

This can be calculated using the Gordon growth model (GGM) formula that assumes growth is dividend will be constant as follows:

P = D1/(r - g) ............................ (1)

Where,

P = Current stock price = ?

D1 = Next dividend =  D0 * (1 + g) = $1.50 * (1 + 2%) = $1.53

r = required return = 8%, or 0.08

g = growth rate = 2%, or 0.02

Substituting the values into equation (1), we have:

P = $1.53 / (0.08 - 0.02) = $25.50

Therefore, the current price of Hubbard's common stock is <u>$25.50</u>.

7 0
3 years ago
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