Assume that abby, ben, clara, joe, and matt are the only citizens in a community. a proposed public good has a total cost of $1,000. all five citizens will share an equal portion of this cost in taxes. the benefit of the public good is $220 to abby, $210 to ben, $210 to clara, $180 to joe, and $120 to matt. in a majority vote, this proposal will most likely be

Your father offers you a choice of $120,000 in 11 years or $48,500 today. use appendix b as an approximate answer, but calculate your final answer using the formula and financial calculator methods. a-1. if money is discounted at 11 percent, what is the present value of the $120,000?

Exercise 2-12 cost behavior; high-low method [lo2-3, lo2-4] speedy parcel service operates a fleet of delivery trucks in a large metropolitan area. a careful study by the company’s cost analyst has determined that if a truck is driven 120,000 miles during a year, the average operating cost is 11.6 cents per mile. if a truck is driven only 80,000 miles during a year, the average operating cost increases to 13.6 cents per mile. required: 1.& 2. using the high-low method, estimate the variable and fixed cost elements of the annual cost of truck operation. (round the "variable cost per mile" to 3 decimal places.)

Todd and jim learned that in building a business plan, it was important for them to: