subject
Business, 03.06.2021 22:50 artistictype4671

The city council divides a community's residents into three groups: individual young adults, families with children, and older adults. The following table summarizes how much each group is willing to pay for each playground. Number of Playgrounds Amount Groups Are Willing to pay for Each Playground Individual Young Adults Families with Children $400 $2,000 Older Adults 1 $1,000 2 $300 $1,800 $900 3 $200 $1,600 $800 4 $100 $1,400 $700 5 so $1,200 $600 6 SO $1,000 $500 7 SO $900 $400 8 $o $800 $300 The city council must pay $2,250 to build each playground. Which of the following is a characteristic of playgrounds and what is the optimal number of playgrounds for the township to build?
A. Playgrounds are nonrival in consumption, and the optimal number of playgrounds is zero.
B. Playgrounds are nonrival in consumption, and the optimal number of playgrounds is two.
C. Playgrounds are rival in consumption, and the optimal number of playgrounds is three.
D. Playgrounds are nonexcludable, and the optimal number of playgrounds is zero.
E. Playgrounds are excludable in consumption, and the optimal number of playgrounds is two.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 13:30
1. is the act of declaring a drivers license void and terminated when it is determined that the license was issued through error or fraud.
Answers: 2
question
Business, 22.06.2019 13:40
Salge inc. bases its manufacturing overhead budget on budgeted direct labor-hours. the variable overhead rate is $8.10 per direct labor-hour. the company's budgeted fixed manufacturing overhead is $74,730 per month, which includes depreciation of $20,670. all other fixed manufacturing overhead costs represent current cash flows. the direct labor budget indicates that 5,300 direct labor-hours will be required in september. the company recomputes its predetermined overhead rate every month. the predetermined overhead rate for september should be:
Answers: 3
question
Business, 22.06.2019 18:30
Which of these is an example of innovation?
Answers: 2
question
Business, 22.06.2019 21:30
The adjusted trial balance for china tea company at december 31, 2018, is presented below:
Answers: 1
You know the right answer?
The city council divides a community's residents into three groups: individual young adults, familie...
Questions
question
Mathematics, 25.03.2020 22:54
question
Mathematics, 25.03.2020 22:54
question
Mathematics, 25.03.2020 22:55
Questions on the website: 13722367