answer.
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
Mamont248 [21]
2 years ago
12

Suppose 20 people each have the demand Q=20−P for streetlights, and 5 people have the demand Q=18−2P for streetlights. The cost

of building each streetlight is $10. If it is impossible to purchase a fractional number of streetlights, how many streetlights are socially optimal?
Business
1 answer:
Alenkasestr [34]2 years ago
8 0

Answer:

Q = 435/22.5 = 19 streetlights

Explanation:

Since the streetlights is apublic good

Obtaining the market demand curve by adding them vertically

P = 20*20Q - 20*Q

P = 5*( - 5*Q/2

hence

P = 445 - 22.5Q

Socially optimal number of street lights

MB20 + MB5 = MC

400 - 20Q + 45 - 2.5Q = 10

22.5Q = 435

Q = 435/22.5 = 19 streetlights

You might be interested in
Elegance Inc. is a large cosmetics company that made an initial small investment in a start-up company, Peace Planet, which was
mr Goodwill [35]

Answer:

B. real-options perspective.

Explanation:

Based on the scenario being described within the question it can be said that this approach to strategic alliance is referred to as a real-options perspective. This perspective refers to the ability of an individual or company to have the freedom to choose between logical financial options in capital investments in order to try and make the best choices and decisions. Which is what Elegance Inc. did when they saw that the company they were supporting was most likely to fail due to their unforeseen problem.

7 0
2 years ago
United Machining's margin was 2% and turnover was 3.0 on sales of $60 million for the year. On the basis on this information____
Hunter-Best [27]

Answer:

B, net income for the year was $1,200,000, average assets were $20 million, ROI was 6%

Explanation:

net income is calculated by multiplying the percentage margin by the sales. We have,

(2 ÷ 100) × $60,000,000

= 0.02 × $60,000,000

= $1,200,000

To calculate the average assets, sales is divided by the turnover.

we have, ($60,000,000 ÷ 3.0)

= $20,000,000.

To calculate the ROI, margin and turnover are multiplied.

we have,

(2% × 3.0) = 6%

Cheers.

3 0
2 years ago
KFC in Japan altered the sweetness of its coleslaw to appeal to Japanese tastes. This is an example of which type of global mark
polet [3.4K]

Answer:

c.Product customization

Explanation:

What is Product customization?

Its a type  of strategy  that companies implement to attarct more customers. It usually implies the modification of designs, uses and/or characteristics of their items to satisfy the customer’s needs or desires.  

This policy has the benefit of giving the company the opportunity to stand out from the competitors by fine-tuning items and services. Therefore the company gains a bigger portion of market share

In this case, KFC, altered their global formula in order to gain more acceptance in the Japanese market

7 0
2 years ago
An assembly line manager changes the times she observes behavior to determine rewards for workers. One day, she observed employe
vodka [1.7K]

Answer:

True she is using variable interval schedule

Explanation:

Variable interval schedule is a way to condition the operator by reinforcement after a given period of time ( the time of reinforcement is not fixed). The reinforcement time is on a changing and variable schedule.

In this instance assembly line manager Ched on the employees between 10 and 11 a.m, and the next day she checked on them in the last 15 minutes of the shift.

6 0
2 years ago
In a tiny village, on the coast of South America, early inhabitants used sea shells, as money. Some of these shells were very be
RUDIKE [14]

Answer:

Option (B) is correct.

Explanation:

Unit of account:

There are some functions of money or we can say that characterstics of money:

(a) Medium of exchange

(b) Store of value

(c) Unit of account

(d) Standard of deferred payments

Sea shells are precious items but one cannot properly split divide those sea shells into small denominations like money does. Money is easily storable, people use as a medium of exchange and unit of account.

By unit of account we mean that we can easily measure the value of goods and service and many things in monetary terms but we cannot measure in terms of sea shells.

That's why sea shells unfit to act as money today.

8 0
2 years ago
Other questions:
  • The allotment of narrow, specialized portions of a large tasks to specific workers is known as the:
    9·1 answer
  • Below are data from the income statement of Brown, Inc: Beginning finished goods inventory $16,000Ending finished goods inventor
    8·1 answer
  • A product has a demand of 4000 units per year. Ordering cost is $20, and holding cost is $4 per unit per year. The EOQ model is
    5·1 answer
  • Janet bought a share of stock for​ $47.50 that paid a dividend of​ $.72 and sold one year later for​ $51.38. What was her dollar
    6·1 answer
  • The service sector has lower productivity improvements than the manufacturing sector because: the service sector uses less skill
    12·1 answer
  • Autumn works as a paralegal for a defense attorney. What kind of education might
    12·1 answer
  • The management of Unter Corporation, an architectural design firm, is considering an investment with the following cash flows: Y
    6·2 answers
  • Skippers Landing sells boats and provides mooring facilities for its customers. Skippers Landing sells the boats for $60,000 eac
    14·1 answer
  • You have savings of $157,000. After talking it over with your spouse, you agree to risk no more than 30% on your new business id
    6·1 answer
  • Mr. Josh Kenney, a U.S. citizen and resident of Vermont, owns 100 percent of the stock of JK Services, which is incorporated und
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!