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Jones and Smith live in the same apartment building. Jones loves to play his opera recordings so loudly that Smith can hear them

vovikov84 [41]

Answer:

The correct answer is letter "A": Should be.

Explanation:

From the efficiency perspective, we shall consider the relationship between the benefits and the costs. If we subtract the cost from the benefits and the result is positive, we could say that it is convenient to continue with the activities of the operations being carried out.

In that case, Jones's benefits are (100) but his cost is Smith's damages (60). Then:

100 - 60 = (+)40;

which implies Jones <em>should be</em> allowed to play his opera music.

6 0

3 years ago

A decrease in supply would best be reflected by a change from

Sergeu [11.5K]

When there is a decrease in supply, it would be reflected by a change from Curve A to Curve C.

<h3>How are supply decreases reflected?</h3>

When supply decreases, it leads to the supply curve shifting to the left to show that there is a lesser quantity available.

In the graph therefore, a decrease in supply would be shown as a shift from Curve A to Curve C or Curve B to Curve A.

Find out more on decreases in supply at

#SPJ12

6 0

2 years ago

Which methods of evaluating a capital investment project use cash flows as a measurement basis?

bixtya [17]

The method <span>of evaluating a capital investment project that use cash flows as a measurement basis are: </span><span>Payback period, internal rate of return, and net present value.
- PAyback period, used to determine how much asset is back after the initial saving
- internal rate of return, Used to measure potential profit from an investment
- Net present value, used to determine the worth of all company's assets</span>

6 0

3 years ago

Read 2 more answers

You take a sample of rents of 182 apartments in San Francisco and find that the mean rent is $4000 per month and the standard de

dedylja [7]

Answer:

89%

Explanation:

according to Chebyshev's theorem, for any k > 1, at least [1 - (1/k^2)] of the data will lie within k standard deviations of the mean.Therefore, Chebyshev's theorem formula can be given as follows:

Chebyshev's theorem formula = 1 - (1/k^2) ...................... (1)

In order to fing k, we proceed as follows:

1. Subtract the mean of rents from the larger rent value,

That is, $7,000 - $4,000 = $3,000

2. Divide the difference of $3,000 above by the standard deviation to obtain k as follows:

k = $3,000 ÷ $1000 = 3

3. Substitute 3 for k in equation (1) as follows:

Chebyshev's theorem formula = 1 - (1/3^2)

= 1 - (1/9)

= 1 - 0.11

= 0.89

If we multiply 0.89 by 100, we have 89%.

Therefore, 89% of the rents in the sample will fall between $1000 and $7000 per month.

6 0

3 years ago

Read 2 more answers

Which of the following is likely to have the most price elastic demand?a. ice creamb. frozen yogurtc. vanilla ice creamd.Häagen-

zepelin [54]

Answer:

Haagen-Dazs vanilla bean ice cream

Explanation:

Demand is said to be most elastic if a slight change in price leads to a drastic change in quantity demanded. Normal goods are least elastic as increase in price does not lead to tremendous decrease in price.

However, luxury goods are most elastic as these goods are preferred when their prices are lower. They are not essential. As such, demand falls drastically in case of rise in price. So, Haagen-Dazs ice cream would have most price elasticity as this is a luxury good and rest of the items are normal goods.

3 0

3 years ago