Answer:
For the students of the college, the visual appearance of the campus is non-rival and non-excludable
The benefit of the beatification initiative, as suggested by the survey, is $3,390. Because the estimated benefit is less than the cost, the college administrators should not undertake the beautification initiative.
Explanation:
non-rival and non-excludable
This means that everyone benefits from the remodel equally and people who do not pay for it will still enjoy their benefits.
$3,390
The benefit is found by multiplying the average benefit for each person surveyed by the number of people surveyed, which is $11.3 X 300 = $3,390.
The college should not complete the project because the marginal cost: $4,400 is more than the marginal benefit: $3,390.
Answer:
$12,197
Explanation:
I guess that the correct numbers are because otherwise it would be a ridiculously large number:
- n = 6 years or 24 quarters
- principal = $6,000
- interest rate = 3% quarterly
Future value = principal x (1 + interest rate)ⁿ = $6,000 x (1 + 3%)²⁴ = $6,000 x 1.03²⁴ = $6,000 x 2.0328 = $12,196.80 ≈ $12,197
Answer:
I think it would be Public university
Explanation:
James Madison invited the 13 states to a meeting in the fall of 1786 to <u>talk/discuss ways for increasing interstate trade.</u>