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ANTONII [103]
2 years ago
9

Congressman Smith and Congresswoman Johnson both consider themselves advocates for the national parks and are introducing differ

ent bills designed to benefit the parks. Congressman Smith’s bill calls for an increase in the entrance fees. Congresswoman Johnson’s bill calls for a decrease in the entrance fees. Which of the bills would be more effective at ensuring the quality of the national parks?
a. either bill would be effective.

b. Both bills would be equally effective.

c. Congresswoman Johnson’s bill because more visitors means more citizens will value and care for the parks

d. Congressman Smith’s bill because it will reduce the overuse of the parks
Business
1 answer:
Hunter-Best [27]2 years ago
6 0

Answer:

Congressman Smith's bill because it will reduce the overuse of the parks

Explanation:

When people use the park, their activities are more likely to create some sort of degradation to the parks quality. For example, children can spoil their drinks and foods there, pulling out the grass, destroying the land while playing sports, etc.

As the price of a certain product increase, the demand for that product would decrease. Increasing the entrance fees will lead  lesser amount of people who enter the park. This will minimize the degradation process

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Suppose that for a particular firm the only variable input into the production process is labor and that output equals zero when
Lera25 [3.4K]

Answer:

Total variable cost if 4 units were produced

= $33.75 x 4 units = $135

Total fixed cost = Total cost - Total variable cost

Total fixed cost = $175 -$135

Total fixed cost = $40

Average fixed cost = Total fixed cost/No of units

Average fixed cost = $40/10 units

Average fixed cost = $4

The correct answer is B

Explanation:

In this case, we need to calculate the total variable cost on the ground that 4 units were produced. Then, we will determine the total fixed cost by deducting the total variable cost from total cost. Finally, we will divide the total fixed cost by 10 units in order to obtain the average fixed cost.

6 0
2 years ago
Ms. Frank is planning for a 25-year retirement period and wishes to withdraw a portion of her savings at the end of each year. S
alina1380 [7]

Answer:

I guess the interest rates are 9.10% and 7% per year.

a) $173,369.67

b) $217,212.31

Explanation:

the total distributions received by Ms. Frank are:

year distribution  

1 10000

2 11000

3 12000

4 13000

5 14000

6 15000

7 16000

8 17000

9 18000

10 19000

11 20000

12 21000

13 22000

14 23000

15 24000

16 25000

17 26000

18 27000

19 28000

20 29000

21 30000

22 31000

23 32000

24 33000

25 34000

Using excel, I calculated the present value of this annuity using the different discount rates (using present value function)

a) $173,369.67

b) $217,212.31

8 0
2 years ago
You have $5,000 to deposit. Regency Bank offers 15 percent per year compounded monthly (1.25 percent per month), while King Bank
aliya0001 [1]

Answer:

Regency Bank

A = $98577.46

king Bank

A = $81832.68

Explanation:

Given Data:

principle amount  =$ 5000

rate of interest = 15%

n =12 {compounded months}

t = 20 year

for Regency Bank

investment amount obtained as

A =P\times [1 + \frac{r}{n}]^{nt}

A = 5000 [1 + \frac{0.15}{12}]^{12\times 20}

A = $98577.46

for King Bank

Investment amount obtained as

A =P\times [1 + \frac{r}{n}]^{nt}

Here n = 1

A = 5000 [1 + \frac{0.15}{1}]^{1\times 20}

A = $81832.68

3 0
2 years ago
Ricardo borrowed $5,000 from his friend, Lorenzo. Ricardo signed a handwritten note stating, "I promise to pay $5,000 to Lorenzo
Andreyy89

<u>Answer: </u>Promissory note

<u>Explanation:</u>

Promissory note is considered to be an financial instrument that consist of the promise made by a person through a written document stating to pay a certain sum of money to another party as mentioned on the specific date or time.

Promissory note usually contains the details of indebtedness name , date, interest amount, principle amount, place of issuance and signatures of the parties involved. This instrument basically gives the information of how the party owes money to another party. this note is legally enforceable by law.

4 0
2 years ago
Maggie called her insurance agent after estimating the damages. She had already spent $2,000 on pumping out the water and repair
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The correct answers are B, E and D

6 0
2 years ago
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