1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
gregori [183]
3 years ago
15

Suppose the college administrators estimate that the beautification initiative will cost $3,600. To decide whether the initiativ

e should be undertaken, administrators conduct a survey of the college's 170 students, asking each of them their willingness to pay for the beautification project. The average willingness to pay, as revealed by the survey, is $18.
Business
1 answer:
Dafna1 [17]3 years ago
6 0

Answer:

the questions seems to be incomplete, so I looked for similar ones:

the total benefit of the project is estimated at $18 x 170 = $3,060

the result is probably lower than expected because:

  • this is an nonexcludable good, and it is nonrival in consumption
  • the free rider problem occurs here
  • college administrators should not carry out the project id they only base their decision on expected benefit

Explanation:

You might be interested in
Job A3B was ordered by a customer on September 25. During the month of September, Jaycee Corporation requisitioned $3,500 of dir
Norma-Jean [14]

Answer:

18,500 WIP balance at September 30th

Explanation:

Job A3B

3,500 direct materials

5,000 direct labor

10,000 Overhead (200% of labor = 5000 x 200%)

18,500 WIP balance at September 30th

The cost added during October will be part of October calculation, on September we should work with September values.

4 0
3 years ago
DESCRIPTION OF THE LAW OF DEMAND
slamgirl [31]

Answer:

The law of demand states that quantity purchased varies inversely with price. In other words, the higher the price, the lower the quantity demanded

7 0
3 years ago
Which of the following is not normally considered an area of personal finance?
sertanlavr [38]
Choice of a marriage partner does not form part of personal finance. Ideally, personal finance talks about retirement planning, investments, budgeting, cash flow or any other things that may affect financial stability.
4 0
3 years ago
In each of the following situations, identify if there is a positive or negative externality in play. Explain you answer thoroug
Vitek1552 [10]

Answer:

1. Positive Externality ; 2. Negative Externality ; 3. Positive Externality.

Explanation:

Externalities are benefits or harms to other parties , without payment received or made for them respectively.

Positive Externalities : Externalities positively effecting others. Eg-Education

Negative Externalities : Externalities positively effecting others . Eg-Pollution.

1. Bridal Shop's signage facelift creates benefit for other strip mall businesses also (better business visibility), without former receiving money & latter paying money.

2. Local church celebration creates benefit for all attendants (recreational benefit) ,without former receiving money & latter paying money.

3. Local School bus ramp construction creates harm for commuters of that area (traffic inconvenience) , without former paying money & latter receiving money

7 0
3 years ago
The period of time before writing was used is called
Greeley [361]
 There are no answer choices so i am going to answer it based on my knowledge of the subject,  prehistory. 
5 0
3 years ago
Other questions:
  • Gerrard, a manager at zincod clothing, organizes a survey to study the quality of the company's products. he instructs the surve
    8·1 answer
  • During 2019, John was the chief executive officer and a shareholder of Maze, Inc. He owned 60% of the outstanding stock of Maze.
    11·1 answer
  • If neither party is satisfied with the national labor relations board's decision, the parties can take the case to the _____ for
    7·1 answer
  • During business hours, a salesperson can enter a sale on a ____ terminal, which is part of an information system that handles da
    12·1 answer
  • What is the American opportunity credit for 2018
    9·1 answer
  • Troy Company budgeted​ $12 million for customer service​ costs, but actually spent only​ $10 million. Which of the following sta
    5·1 answer
  • Stone Foods produces the majority of its cheese products in its U.S. based dairy division at a total outlay cost of $6.00 per un
    10·1 answer
  • Mr. Alex is the marketing manager of the company and he wants to implement a new way to promote the products in the market but h
    10·1 answer
  • A manager wrote a message using​ simple, straightforward language and focused on objective evidence by credible sources to suppo
    5·1 answer
  • Discuss the economic conditions and economic institutions that affect personal finance.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!