Answer:
- <u>"non-rival" and "non-excludable".</u>
- <u> $18.</u>
- <u>less</u>
- <u>should not</u>
- <u>A. Students believe that if the initiative does not happen, the funds for the initiative will not be spent elsewhere.</u>
Explanation:
Since the project is simply about planting trees and remodeling buildings so as to make the campus more aesthetically pleasing hence for the students of the college, the visual appearance of the campus can be categorized as non-rival and non-excludable. Meaning, anybody can freely benefit from the project.
The benefit of the beautification initiative is $18 since the average willingness to pay is by the students is $18.
We can thus conclude that the estimated benefit is less than the cost since we are told that $7,200 is the entire cost of the initiative, which when compared to be amount to be contributed has a shortfall (300*$18=$5,400∠$7200). Thus, the college administrators should not undertake the beautification initiative.
Answer:
C.51.63%
Explanation:
Gross profit percentage = Gross profit/ Net sales ×100
Gross profit $700,400
Net sales $1,356,504
Hence ;
$700,400/$1,356,504 ×100
=51.63%
Therefore the gross profit percentage is
51.63%
Answer:
B. Criminal gangs
Explanation:
Cloward and Ohlin are two criminologists who sought to explain the different kind of criminal cultures as it was in their time. The suggested three subcultures which are;
1. Criminal gangs
2. Conflict gangs
3. Retreatist gangs.
In this case, we are concerned with the criminal gangs. The criminal gangs involves organize crime, where youths are being cajoled by criminals into starting their own criminal careers promising wealth and material success. This group is made up of individuals looking for illegal means to make wealth like thieves, mafias and so on.
Answer:
Your study partner is correct that the distinction between government’s budget deficit and debt is similar to the distinction between consumer savings and wealth.
Savings and deficits are actions that take place over time, they dont happen overnight . When any government is spending more than it receives in tax revenue in a particular time period, this governmemt will be running a budget deficit. On the other hand, when consumers spend less than their disposable income in a particular time period, they are saving.
However, both debt and wealth are measured at one point in time. When the government runs a budget deficit, the deficit is almost always financed by borrowing, which adds to its debt. This is also Similar to consumers who accumulate wealth by saving.
We can also say that your study partner is wrong in that the government can run a large budget deficit and have a small debt if it hasn’t run large deficits in the past.
Explanation:
See answer for the detailed explaination