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Brrunno [24]
4 years ago
6

A city engineer knows that she will need $25 million in 3 years to implement new automated toll booths on a toll road in the cit

y. Traffic on the road is estimated to be 3 million vehicles per year. How much per vehicle should the toll be to cover the cost of the toll booth replacement project in 3 years?
Business
1 answer:
svetlana [45]4 years ago
6 0

Answer:

$2.78 per vehicle per year

Explanation:

Replacement Cost in 3 years time      $25,000,000

Total vehicles=No. of vehicles per year* No. of year =3,000,000*3=9,000,000

Toll per vehicle per year =25,000,000/9,000,000=$2.78 per vehicle

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Jake borrowed $800,000 from the Gateway Bank to purchase a fishing boat. He keeps the boat at a dock owned by the Harbor Company
atroni [7]

Answer:

1. Gateway Bank

3. White Shark Fishing Company

Explanation:

In the scenario being described the two entities that have an insurable interest in Jake or his property would be Gateway Bank and The White Shark Fishing Company. The Bank has an insurable interest because if something where to happen to Jake they would most likely incur the loss of $800,000 that Jake borrowed, the same goes for the boat since without the boat Jake can't earn income to pay back the loan. The White Shark Fishing Company on the other hand entrusts Jake with their cargo, meaning if anything happens to Jake or the Boat they would lose all of their cargo that Jake is transporting. This would cause them to have to incur those loses.

b. If Jake operated the boat on behalf of the White Shark Fishing Company he would have an insurable interest on the boat since he would lose the income that he makes with the boat. Also, if Jake has a contract and is responsible for the boat he might even have to incur the damages for the boat.

7 0
3 years ago
"Which of the following is NOT correct? Group of answer choices Roadrailers are considered a multimodal solution when all of the
Ulleksa [173]

Answer:

Assortment warehousing is a form of warehousing that combines classic operations with light manufacturing and packaging duties in order to assure short customer lead times.

Explanation:

Warehousing

This have different points of view. The traditional view about warehousing is that it is a place used in for storage or holding of goods/ inventory

The contemporary opinion about warehousing is that it is has function set in place to mix inventory assortments to meet the need of customer. It deals with the storage of products which is held to a minimum.

Warehousing types

This includes;

1. Distribution centers

2. Consolidated terminals

3. Break-bulk facilities

4. Cross-dockers

assortment warehousing

This is a known form of warehousing. It consists of when different type of goods is held close to the source of demand in order to assure short customer lead time.

3 0
3 years ago
If we assigned three people to work with you on a complex project containing 75 tasks that you were responsible for, how would y
Anni [7]
First of all, I will try to get to know people who were assigned to me. as I will have 75 tasks and equality is very important to me, I will give each person 25 task. if they will have some problems with given task I will try to help them or change their tasks so they can be more comfortable with their work. As a leader, i will do work as well, if my team will have some problems i will listen to them and solve those problems together. 
3 0
4 years ago
Which describes the liability of an owner of a sole proprietorship?
Vanyuwa [196]
Unlimited


hope this helps
3 0
3 years ago
Read 2 more answers
Under the ________ framework, producer surplus is important in the quest for competitive advantage because this is the profit th
Blizzard [7]

The scenario that explains when producer surplus is important in the quest for competitive advantage is the economic value creation framework.

<h3>What is economic value creation framework?</h3>

The economic value creation framework is a strategy about the creation of economic value.

Under the economic framework, producer surplus is important in the quest for competitive advantage because this is the profit that a firm captures when producing and selling a good or service.

Learn more about surplus on:

brainly.com/question/380921

4 0
2 years ago
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