This question seems incomplete. Here is the detailed and complete question:
A work-mode-choice model is developed from data acquired in the field in order to determine the probabilities of individual travelers selecting various modes. the mode choices include automobile drive-alone (dl), automobile shared-ride (sr), and bus (b). the utility functions are estimated as follows: udl = 2.6 - 0.3(costdl) - 0.02(travel timedl) usr = 0.7 - 0.3(costsr) - 0.04(travel timesr) ub = -0.3(costb) - 0.01(travel timeb) where cost is in dollars and time is in minutes. the cost of driving an automobile is $5.50 with a travel time of 21 minutes, while the bus fare is $1.25 with a travel time of 27 minutes. how many people will use the shared-ride mode from a community of 4500 workers, assuming the shared-ride option always consists of three individuals sharing costs equally?
Answer: 828 workers will use the shared - ride mode.
Explanation: You can see the attached for a more detailed explanation.
Answer:
$160000
Explanation:
Below is the calculation for the amount that should be recorded.
The actual value of building = $150000
Number of shares = 10000 shares
The stock is traded at the price = $16 per shares
The Kansas company should record the amount of building = total share x Sell price
The Kansas company should record the amount of building = 10000 x 16
The Kansas company should record the amount of building = $160000 (fair market value or price of shares)
Answer:
False
Explanation:
There is a huge difference between Diminishing marginal utility and law of diminishing marginal rate of technical substitution. The diminishing marginal rate of utility is used to construct short-run production function and it is based on cardinal utility. Correspondingly, the law of diminishing marginal utility is used to construct long-run isoquants and isocost curve, and it represents ordinal utility.
Answer:
balance of 38,616 debit
Explanation:
Inventory
Debits Credits
40,000(A)
800(B)
200(C)
784(D)
38616
(A) the recieved goods increase the inventory balance
(B) when returning the inventory decrease
(C) the shipment cost are necessary to get the ivnentory so are capitalized
(D) the discount decrease both, the cost of inventory and the cash disbursements.
adjusted invoice nominal:
40,000- 800 = 39,200
the commercial terms state a 2% discount which the company received:
39,200 x 0.02 = 784
