A local college is deciding whether to conduct a campus beautification initiative that would involve various projects, such as planting trees and remodeling buildings, to make the campus more aesthetically pleasing. For the students of the college, the visual appearance of the campus is___and___. Thus, the visual appearance would be classified as a public good.
Suppose the college administrators estimate that the beautification initiative will cost $7,200. To decide whether the initiative should be undertaken, administrators conduct a survey of the college's 300 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.
The benefit of the beautification initiative, as suggested by the survey, is $___. Because the estimated benefit is___than the cost, the college administrators____undertake the beautification initiative.
The calculation of the benefit of the beautification initiative relied on the ability of the administrators to capture the true willingness to pay of each student accurately. Which of the following scenarios would cause the survey used by the college administrators to yield misleading data on willingness to pay?
A. Students believe that if the initiative does not happen, the funds for the initiative will not be spent elsewhere.
B. An equal number of male and female students were surveyed.

Answers

Answer 1

Answer:

"non-rival" and "non-excludable". $18.lessshould notA. Students believe that if the initiative does not happen, the funds for the initiative will not be spent elsewhere.

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.


Related Questions

Which are examples of marketing,sales,and service workplaces? Check all that apply

A:ladoratories
B:schools
C:vehicles
D:warehouses
E:farms
F:stores
G:offices

Answers

Answer:

they are correct

Explanation:

Warehouses, stores, and offices are examples of places of employment for marketing, sales, and service. Thus, options D, F, and G are correct.

Why do individuals work in sales, marketing, and service?

Most employees in these areas work there to boost product and service sales.

The vast majority of businesses depend on sales and marketing to generate revenues.

Their salespeople generate a large portion of their revenue. As a result, sales and marketing experts are highly sought after in all sectors of the economy.

It explains why marketing positions are available in every sphere of the economy.

As a result, the traditional places of employment for those in the marketing, sales, and service sectors are establishments like stores, factories, and warehouses.

In both your personal and professional life, a job in sales may provide you with stimulating and rewarding options.

The chance to become a top sales earner is available to those with the following qualities: creativity, knowledge, strategy, independence, confidence, and motivation.

Learn more about work in sales and marketing here:

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Al is a medical doctor who conducts his practice as a sole proprietor. During 2013, he received cash of $280,000 for medical services. Of the amount collected, $40,000 was for services provided in 2012. At the end of 2013, Al had accounts receivable of $60,000, all for services rendered in 2013. In addition, at the end of the year, Al received $12,000 as an advance payment from a health maintenance organization (HMO) for services to be rendered in 2014.
Compute Al's gross income for 2013:
a. Using the cash basis of accounting.
b. Using the accrual basis of accounting.
c. Advise Al on which method of accounting he should use?

Answers

Answer:

a. Cash basis

This recognizes revenue and expenses only when cash been received or spent.

Gross income for 2013 = Cash received for medical services + Advance payment

= 280,000 + 12,000

= $292,000

b. Accrual basis

This recognizes only revenue and expenses incurred in a period, regardless of if cash is paid or not.

Gross income for 2013 = Cash received for medical services - Cash received for medical services provided in previous periods + Accounts receivable

= 280,000 - 40,000 + 60,000

= $300,000

c. Use CASH BASIS OF ACCOUNTING

From a taxation point of view, using the cash basis would be more beneficial as Al will pay a less amount of tax as it is a lower income.

He will also be sure of the cash received unlike Accrual that recognizes Accounts receivable which have a chance of not being collected.

_____ can be used for up to 90 percent of its assessed value.


Real estate

Accounts receivable

Insurance policies

Equipment


(ONLY ANSWER IF YOU ACTUALLY KNOW)

Answers

it’s called real estate

When gathering information which of the following task might you need to perform

Answers

Answer:

take notes, research that information

A survey conducted recently in China showed that in the last two years, Investments in the businesses increased by almost 75%. The same survey also concluded that people became wealthy by investing in businesses, and this motivated other people to invest more in their respective businesses. What most likely triggered this increases in investment?

Answers

Answer:A survey conducted recently in China showed that in the last two years, Investments in the businesses increased by almost 75%. The same survey also concluded that people became wealthy by investing in businesses, and this motivated other people to invest more in their respective businesses. What most likely triggered this increases in investment? Incentives

Explanation:China’s State Council announced US$6.59 billion worth of tax cuts for businesses and investors, hoping to reduce the burden on small and micro-enterprises, encourage investors to continue lending, and ensure capital flow in the economy. These tax cuts were for example:On companies that have suspended production or business due to restructuring or cutting of overcapacity. They can have their real estate tax and land-use tax either reduced or exempted altogether.Investors in social security funds and basic pension funds can enjoy tax relief.Postal savings banks with large amounts of agriculture-related loans can pay a preferential value-added tax.Lenders to small and micro-enterprises can enjoy expanded value-added tax exemption on loans to such enterprises.Foreign institutions can exempt their corporate income tax and value-added tax on interest gains from onshore bond market investments.Also, to boost foreign investments, China would cut import tariffs on 1,585 taxable items, including machinery, textiles, paper products, and construction materials...

Your company is considering a new project opportunity. It would need to immediately invest $220. In return, in the next 4 years it will receive the following amounts of money: In 1 year: $80 In 2 years: $70 In 3 years: $50 In 4 years: $60 The required annual rate of return is 5%.

The Internal Rate of Return for this project is:_______

Answers

Answer:

7.54 %

Explanation:

Year 0 = - $220

Year 1 = $80

Year 2 =  $70

Year 3 = $50

Year 4 = $60

I /yr = 5%

Internal Rate of Return for this project is 7.54 %

define equity economics.​

Answers

Answer:

Equity or Economic equality is the concept or idea of fairness in economics, particularly in regard to taxation or welfare economics.

Answer:

Equity or Ecomics equality is the concept or idea of fairness in economics, particularly in regard to taxation or welfare economics

Kingbird Company prepared the tabulation below at December 31, 2022. Net Income $300,000 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation expense $25,000 Increase in accounts receivable $75,000 Decrease in inventory $15,000 Amortization of patent $4,000 Increase in accounts payable $7,500 Decrease in interest receivable $4,000 Increase in prepaid insurance $7,000 Decrease in income taxes payable $2,000 Gain on disposal of plant assets $10,000 Net cash provided (used) by operating activities
Show how each item should be reported in the statement of cash flows. (Show amounts that decrease cash flow with either a-signes -15,000 or in parenthesis es (15,000 LACEY COMPANY Partial Statement of Cash Flows LACEY COMPANY Partial Statement of Cash Flows Adjustments to reconcile net income to tments to reconcile net income to Gain on Disposal of Land Increase in Inventory Increase in Accounts Payable Decrease in Income Taxes Payable Net Cash Provided by Operating Activities Net Income / (Loss) Increase in Income Taxes Payable Depreciation Expense Increase in Prepaid Expenses Increase in Accounts Receivable Decrease in Accounts Payable Decrease in Prepaid Expenses Decrease in Inventory tbt Net Cash Used by Operating Activities Decrease in Accounts Receivable

Answers

Answer and Explanation:

The preparation of the partial cash flow statement is shown below:

Cash flow from operating activities

Net income $300,000

Add: Depreciation expense $25,000

Less: Increase in accounts receivable -$75,000

Add: Decrease in inventory $15,000

Add: Amortization of patent $4,000

Add: Increase in accounts payable $7,500

Add: Decrease in interest receivable $4,000

Less: Increase in prepaid insurance -$7,000

Less: Decrease in income taxes payable -$2,000

LesS: Gain on disposal of plant assets -$10,000

Net cash provided (used) by operating activities $261,500

What are some potential positive outcomes of filing for bankruptcy?

Answers

Answer:

An automatic stay against creditors. Once you file, the court automatically issues this stay against any and all debt collection activity.

Dischargeable debts.

Bankruptcy exemptions might allow you to maintain ownership of your property after bankruptcy.

Credit Score.

Whether it is proactive or reactive, organizational change is inevitable. Unfortunately, people don’t always like change and tend to be resistant to it. This activity is important because managers need to understand what to expect from employees in terms of their resistance to change in order to better manage workers through the change process.
The goal of this exercise is to challenge your knowledge of the ten reasons people resist change. First, read each of the statements that depict an example of something related to an organizational change. Then, click and drag each statement to the reason for change resistance that it best depicts.
1. Your manager ensures you the change won't alter your salary, but you worry he'll only look out for himself.
2. Your work colleague is upset about a change to the department, therefore you resist the change, too.
3. New procedures are vastly different from old ones, and you aren't sure you can learn them.
4. You worry that recent technology changes may eliminate the need for your managerial position.
5. The organization implements massive structural changes with no explanation.
6. A notoriously unlikeable manager delivers the news of a change.
7. Your boss suddenly and without warning announces her re-signation and replacement.
8. Five close members of a department are re-assigned and are no longer part of the same work group.
9. You immediately resist an organizational change because you have a deep fear of change.
10. All employees now must work two extra hours per week with no additional pay.
A. Individuals' Predisposition Toward Change.
B. Surprise and Fear of the Unknown.
C. Climate of Mistrust.
D. Fear of Failure.
E. Loss of Status or Job Security.
F. Peer Pressure.
G. Disruption of Cultural Traditions or Group Relationships.
H. Personality Conflicts.
I. Lack of Tact or Poor Timing.
J. Non-reinforcing Reward Systems.

Answers

Answer:

Organizational Change and Reasons for Resistance

Example  Reason for Change Resistance

1.              C. Climate of Mistrust.

2.             F. Peer Pressure.

3.             D. Fear of Failure.

4.             E. Loss of Status or Job Security.

5.             I. Lack of Tact or Poor Timing.

6.            H. Personality Conflicts.

7.            B. Surprise and Fear of the Unknown.

8.            G. Disruption of Cultural Traditions or Group Relationships.

9.            A. Individual's' Predisposition Toward Change.

10.          J. Non-reinforcing Reward Systems.

Explanation:

1) Reasons for resisting change:

A. Individual's' Predisposition Toward Change.

B. Surprise and Fear of the Unknown.

C. Climate of Mistrust.

D. Fear of Failure.

E. Loss of Status or Job Security.

F. Peer Pressure.

G. Disruption of Cultural Traditions or Group Relationships.

H. Personality Conflicts.

I. Lack of Tact or Poor Timing.

J. Non-reinforcing Reward Systems.

Identify five typical users of accounting information​

Answers

Answer:

Owners,and stockholders, directors,officers, internal departments

Explanation:

Jonas has been assigned to work with a team at Falk Enterprises, Inc. Jonas has supervised this team in the past, and they have always failed to produce results on time. One of the difficulties previously cited by the team was confusion over the roles each team member played. Discuss some the possible roles each of these team members could play and some steps Jonas could take to avoid frustration and delay with this project.

Answers

Answer:

There should be defined roles of all the team members and they should know their responsibilities.

Explanation:

Jonas should clearly assign tasks of the project to his team members and each member should be accountable for his task. Jonas should teach his team about the significance of time management and therefore task must be completed before deadlines. Each member of the team must have defined responsibilities and roles.

Hanover and Trust, a large law firm, utilizes an internal centralized printing center to serve its three departments: Individuals, Corporate, Trust. The costs of the printing department include fixed costs of $69,190 and variable costs of $0.04 per page. Total estimated print pages are estimated to be 330,000 pages. Individuals are estimated to use 130,000; Corporate will use 165,000 and 35,000 from the trust area. Assuming a single charging rate is used, what would be the charge per page?

Answers

Answer: $0.25 per page

Explanation:

Fixed costs = $69,190

Variable costs = $0.04 per page.

We calculate the fixed cost charging rate per page which will be:

= $69190 / 330000

= $0.21 per pages

Then, the total single charging rate will be the addition of the fixed cost per page and the variable cost per page:

= $0.21 + $0.04

= 0.25 per page

The charge per page is $0.25

We have the following data with which to answer this question

Fixed costs = $69190

Variable costs = $0.04

Total number to be printed = 330000

To get the fixed cost charging rate:

Fixed cost ÷ total number

= 69190/330000

= 0.21 per page is the charge.

Therefore the total charge per page would be:

0.21+0.04

= $0.25 per page

The charge per page is $0.25

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1) using information in this case study , estimate Mylans yearly profit.Do not include opportunity cost and assume families do not use discounts or coupons
2) 2. (1 point) Again, use information in this case study. Assume that the cost to develop the Epi-Pen was the average cost to bring a new drug to market, and that every Epi-Pen is sold at full price. At a price of $600 per two-pack, how many two-packs would be necessary to recoup the costs? What about a price of $100 per two-pack?
3) (1 point) What might cause Mylan to reduce the price of the Epi-Pen?bu​

Answers

its 200

Explanation:

600-100=500-2=498 600+100=700-2=798 798-498= 200

what is a bond? in your own words. economics.​

Answers

Answer:

A bond is a fixed income instrument that represents a loan made by an investor to a borrower bond could be thought of as an I.O.U. between the lender and borrower that includes the details of the loan and its payments.

Explanation:

differentiate between Central Banks and other banks​

Answers

Commercial banks serve individuals and businesses, while central banks serve the country's banking system. They provide money transfers back and forth between banks and governmental institutions both domestically and in cases of transactions with foreign entities.

Multiple Select Question
Select all that apply
The parts of the process cost summary include: (Check all that apply.)
cost assignment and reconciliation.
equivalent units of production.
cost charged to each job.
costs charged to departments.
Need help? Review these concept resources.

Answers

Answer:

Cost assignment and reconciliation

Physical flow of units

Equivalent units of production

The parts of the cost summary include the cost assignment and reconciliation. The cost charged to each job and the equivalent units of production. Hence the option A, B, and C are correct.

What is a cost summary ?

The cost summary is one that is used to estimate the cost and is based on the cost-benefit analysis. The summary tells us about the assignment and reconciliation of the costs and costs that are charged for each job. It also tells us about the equal units of production.

Find out more information about the cost summary.

brainly.com/question/1788884.

what are the consequences of unemployment​

Answers

Answer:

The personal and social costs of unemployment include severe financial hardship and poverty, debt, homelessness and housing stress, family tensions and breakdown, boredom, alienation, shame and stigma, increased social isolation, crime, erosion of confidence and self-esteem, the atrophying of work skills and ill-health ...

Explanation:

unemployment has cost to a society that are more than just Financial unemployed individuals not only lose income but also faced challenges to their physical and mental health

A batch of 100 parts contains 6 defects. If two parts are drawn randomly one at a time without replacement, what is the probability that both parts are defective?

Answers

Dispel Elmer fear bcdjjsjswjwjwkwkkwekenneenej

Which of the following will increase supply of ice cream, a normal good?
A) An increase in the number of restaurants selling ice cream
B) An increase in the cost of milk, a key ingredient in ice cream
C) An increase in the price of cones used to serve ice cream
D) An increase in consumers’ income
E) A tax increase on ice cream distributors

Answers

Answer: uhm I think D sorry if I’m wrong

Use the following to answer questions 31 - 32: Ann is the president of the Paper Supply Company. She is thinking about updating the technology used to produce the paper goods her company sells. Sales have been increasing and are currently around 7,000 tons per year. She has identified the following potential options: Alternative 1 - Use the current technology with annual fixed costs of $10,000 and variable costs of $10 per ton. Alternative 2 - Update the current technology resulting in annual fixed costs of $20,000 and variable costs of $8 per ton. Alternative 3 - Adopt the latest technology resulting in annual fixed costs of $40,000 and variable costs of $6 per ton. 31. The two relevant cross-over volumes (those volumes at which you would shift from one process to another)
A) 5,000 & 7,000
B) 7,000 & 10,000
C) 5,000 & 10,000
D) 7,500 & 10,000
Which alternative would you recommend, and why?
A) Alternative 1
B) Alternative 2
C) Alternative 3
D) Any of the above

Answers

Answer:

31. B) 7,000 & 10,000

32. B) Alternative 2

Explanation:

Volume is 7000 tons :

Alternative 1 costs : $10,000 + (7000 * $10 ) = $80,000

Alternative 2 costs : $20,000 + (7000 * $8 ) = $76,000

Alternative 3 costs : $40,000 + (7000 * $6 ) = $82,000

Alternative 2 is the most cheapest option if the volume is between 7,000 tons to 10,000 tons.

what is commercial bank? in your own words. ​

Answers

Answer:

a commercial Bank is a type of banks that provide services such as accepting deposits making business loan etc

Explanation:

what is commercial bank? in your own words. ​

Answers

We can’t see video but what I would say is look it up and say the first line then the second line but switched up the wording hope this helps

the debt owed to a bank​

Answers

Answer:

Bank debt is a long-term liability a business takes on by borrowing money from its bank. Companies use bank debt to pay for long-term assets such as land, buildings and equipment or to add more cash to their working capital to cover ongoing, short-term expenses

Ringmeup Inc. had net income of $143,100 for the year ended December 31, 2019. At the beginning of the year, 36,000 shares of common stock were outstanding. On May 1, an additional 18,000 shares were issued. On December 1, the company purchased 4,300 shares of its own common stock and held them as treasury stock until the end of the year. No other changes in common shares outstanding occurred during the year. During the year, Ringmeup paid the annual dividend on the 9,000 shares of 4.65%, $100 par value preferred stock that were outstanding the entire year. Calculate basic earnings per share of common stock for the year ended December 31, 2013.

Answers

Answer: $2.12 per share

Explanation:

Basic earnings per share is calculated by the formula:

= (Earnings - Preferred share dividends) / Weighted average number of shares at year end

Weighted average number of shares at year end:

= (36,000 * 11/12 months) + (18,000 * 8/12 months) + ((38,000 - 4,300)) * 1/ 12 months)

= 47,808 shares

Preferred share dividends :

= 9,000 * 4.65% * 100

= $‭41,850‬

Basic earnings per share:

= (143,100 - 41,850) / 47,808

= $2.117846

= $2.12 per share

What is product positioning?

Answers

Answer:

Positioning refers to the place that a brand occupies in the minds of the customers and how it is distinguished from the products of the competitors and different from the concept of brand awareness

Explanation:

Make me brainliest

define capital economics.​

Answers

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Answer:

In economics, capital consists of human-created assets that can enhance one's power to perform economically useful work. ... Capital goods, real capital, or capital assets are already-produced, durable goods or any non-financial asset that is used in production of goods or services

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Answer:

In economics, capital consists of human-created assets that can enhance one's power to perform economically useful work. Capital goods, real capital, or capital assets are already-produced, durable goods, or any non-financial asset that is used in the production of goods or services.

Explanation:

hope this helps...

have a great day...

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Which of these is not one of the basic functions of the management​ process?

Answers

Answer:.

Explanation:

_____ can be used as collateral for up to 95 percent of the policy's cash value.


Real estate

Insurance policies

Equipment

Accounts receivable

Answers

the answer is “insurance policies”

Answer:

Insurance policies

Explanation:

Renaissance Gallery converts photographs to portraits via a tedious hand painting process. Costs are tracked for each painting, with gallery overhead being applied at 130% of direct labor cost.
Renaissance Gallery began June with one job in process. This job related to the Price Wedding photo, and beginning work in process included total costs of $15,500 (direct labor, direct material, and applied overhead).
During June, four new jobs were begun. These consisted of the Ramirez family portrait, the Oberweiss farm photo, the Ravenwood big fish picture, and the Zhang baby picture. The only job remaining in process at the end of June was the Ravenwood big fish picture.
To date, $14,000 in direct labor and $4,400 of direct materials had been committed to the Ravenwood job.
Total direct labor incurred on all jobs during June was $70,100 Total direct material incurred on all jobs during June was $12,700.
(a) Compute the ending work in process inventory balance and the total cost assigned to finished jobs.
A. Ending work in process 36,820
Total costs assigned to finished goods 152,960
B. Ending work in process 36,580
Total costs assigned to finished goods 152,760
C. Ending work in process 46,600
Total costs assigned to finished goods 172,830
D. Ending work in process 36,600
Total costs assigned to finished goods 152,830
E. Ending work in process 36,420
Total costs assigned to finished goods 152,940
F. None of the above

Answers

Answer:

Renaissance Gallery

The ending work in process inventory balance and the total cost assigned to finished jobs:

F. None of the above

Explanation:

a) Data and Calculations:

Overhead application rate = 130%

Beginning work in process

(Price Wedding Photo) =         $15,500

Direct labor costs incurred on

all jobs during June                  70,100

Direct materials costs in June  12,700

Total cost incurred to date = $98,300

Ending work in process:

Direct labor      $14,000

Direct materials   4,400         $18,400

Cost assigned to finished     $79,900

  jobs                    

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help pls ........... Which of the Following are Characteristics of a Socialist Economic System? Check all that apply. aWorkers share equally in profits bCompetition is best for society cPrices are set by the market dCooperation is best for society ePrices are set by the government fEntrepreneurs deserve profits What emotion do the vertical lines on the sculpture evoke? a. comfort b. flexibility c. boldness d. grandeur HELP SOMEBODY!! WILL MARK BRAINLIEST! THANKS AND GOD BLESS. Which is an objective statement about the excerpt? Read the excerpt from A Black Hole Is NOT a Hole by Carolyn Cinami DeCristofano. Einstein's idea of gravity had big consequences. It helped explain some observations that Newton's idea didn't account for. It also opened our minds to amazing new possibilities. For example, taking his cue from Einstein's idea that space bends, scientist Karl Schwarzschild began to think about what would happen if a place in space were extremely distorted. His answer: light would follow the hyper-bent space, never to turn away from it. This was the first prediction of a black hole. At first, some scientists (including Einstein!) rejected Schwarzschild's ideas. Others were intrigued and began searching the skies for real black holes. Just decades later, they found the first of them. It just goes to show: sometimes, as Einstein himself once said, "Imagination is more important than knowledge." O Einstein's was a more enlightened thinker than Isaac Newton. O Einstein's ideas about gravity affected the way scientists viewed space. O Karl Schwarzschild could never have succeeded without Einstein's assistance. O Karl Schwarzschild's predictions were the most impressive scientific thinking in history. The circumference of a coin is 25 millimeters.Find the diameter of a coin using 3.14 for \pi. what is the evidence of using social media websites in school what is the answer of -2 < 5 - k 2 (b) Factorise 3n + 12 For each Image find the missing measurement.round to the nearest 10th if necessary. What is true about exercise in the modern era?A. Only middle-aged people lift weights.B. There is an age limit to most sports.C. Fitness, ability, and the desire to participate matter most.D. Marathons are only open to people in their 20s and 30s. What is the Domain, Range, and the vertex for this graph?Answer correctly pls. I will give brainliest. 43 b 11 = 25what does b equal. How does the law of conservation of mass apply to physical and chemical change? What caused the space shuttle to blow up? examples of changing direction? 50 to 75 percent increase?how do i solve this? giving 5 stars to right one Which of the following was a strategy of achieving women's suffrage inthe 20th century?convince state legislaturessue to test the 14th Amendmentpursue a constitutional amendmentall of the above a - 13 < 3 what does a equal