subject
Business, 07.04.2020 20:20 hinacat87

Juanita and Neha are considering contributing toward the creation of a water fountain. Each can choose whether to contribute $300 to the water fountain or keep that $300 for a weekend getaway. Since a water fountain is a public good, both Juanita and Neha will benefit from any contributions made by the other person. Specifically, every dollar that either one of them contributes will bring each of the $0.70 of benefit. For example, if both Juanita and Neha choose to contribute, then a total of $600 would be contributed to the water fountain. So, Juanita and Neha would each receive $420 of benefit from the water fountain, and their combined benefit would be $840. This is shown in the upper left cell of the first table. Since a weekend getaway is a private good, if Juanita chooses to spend $300 on a weekend getaway, Juanita would get $300 of benefit from the weekend getaway and Neha wouldn't receive any benefit from Juanita's choice. If Juanita still spends $300 on a weekend getaway and Neha chooses to contribute $300 to the water fountain, Juanita would still receive the $210 of benefit from Neha's generosity. In other words, if Juanita decides to keep the $300 for a weekend getaway and Neha decides to contribute the $300 to the public project, then Juanita would receive a total befit of $300+$210=$510, Neha would receive a total benefit of $210, and their combined benefit would be $720. This is shown in the lower left cell of the first table. Complete the following table, which shows the combined benefits of Juanita and Neha has previously described:Neha Contributes Neha Doesn't contributeJuanita Contributes $840 Juanita Doesn't contribute $720 Of the four cells of the table, which gives the greatest combined benefits to Juanita and Neha?a. When Juanita contributes to the water fountain and Neha doesn't, or vice versab. When both Juanita and Neha contribute to the water fountainc. When neither Juanita nor Neha contributes to the water fountainNow, consider the incentive facing Juanita individually. The following table looks similar to the previous one, but this time, it is partially completed with the individual benefit data for Juanita. As shown previously, if both Juanita and Neha contribute to a public good, Juanita receives a benefit of $420. On the other hand, if Neha contributes to the water fountain and Juanita does not, Juanita receives a benefit of $510.Complete the right-hand column of the following table which shows the individual benefits of Juanita (you are not required to consider the benefit of Neha)Neha Contributes Neha Doesn't contributeJuanita Contributes $420 Juanita Doesn't contribute $510 If Neha decides to contribute to the water fountain, Juanita would maximize her benefit by choosing to to the water fountain. On the other hand, if Neha decides not to contribute to the water fountain, Juanita would maximize her benefit by choosing to to the water fountain. These results illustrate

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 21:30
Recently, verizon wireless ran a pricing trial in order to estimate the elasticity of demand for its services. the manager selected three states that were representative of its entire service area and increased prices by 5 percent to customers in those areas. one week later, the number of customers enrolled in verizon's cellular plans declined 4 percent in those states, while enrollments in states where prices were not increased remained flat. the manager used this information to estimate the own-price elasticity of demand and, based on her findings, immediately increased prices in all market areas by 5 percent in an attempt to boost the company's 2016 annual revenues. one year later, the manager was perplexed because verizon's 2016 annual revenues were 10 percent lower than those in 2015"the price increase apparently led to a reduction in the company's revenues. did the manager make an error? yes - the one-week measures show demand is inelastic, so a price increase will decrease revenues. yes - the one-week measures show demand is elastic, so a price increase will reduce revenues. yes - cell phone elasticity is likely much larger in the long-run than the short-run. no - the cell phone market must have changed between 2011 and 2012 for this price increase to lower revenues.
Answers: 3
question
Business, 22.06.2019 07:50
Connors academy reported inventory in the 2017 year-end balance sheet, using the fifo method, as $154,000. in 2018, the company decided to change its inventory method to lifo. if the company had used the lifo method in 2017, the company estimates that ending inventory would have been in the range $130,000-$135,000. what adjustment would connors make for this change in inventory method?
Answers: 1
question
Business, 22.06.2019 10:50
The uptowner just paid an annual dividend of $4.12. the company has a policy of increasing the dividend by 2.5 percent annually. you would like to purchase shares of stock in this firm but realize that you will not have the funds to do so for another four years. if you require a rate of return of 16.7 percent, how much will you be willing to pay per share when you can afford to make this investment?
Answers: 3
question
Business, 22.06.2019 14:00
Which of the following is not a characteristic of a weak economy? a. a low employment rateb. a high inflation ratec. a decreased gdpd. a high unemployment rate
Answers: 1
You know the right answer?
Juanita and Neha are considering contributing toward the creation of a water fountain. Each can choo...
Questions
question
Mathematics, 25.07.2019 00:00
question
Advanced Placement (AP), 25.07.2019 00:00
question
Mathematics, 25.07.2019 00:00
Questions on the website: 13722363