Adam and Eve live on two sides of the Garden of Eden, a small suburban development. After they move in, an old PCB dump is discovered in between their houses. If X total tons of PCB's are removed from the dump, the two have a true willingness to pay (WTP) to finance a clean-up equal to:ADAM's WTP = 10 - XEVE's WTP = 6 - Xa. Adam's WTP is higher than Eve's. Does this necessarily imply that Eve is less concerned about exposure to PCB's than Adam? Why or why not?b. Draw diagrams illustrating the two individual’s demand curves for clean-up, and the total demand for clean-up in the neighborhood. Derive the function for the total demand. What is the total WTP for the third ton of clean-up?c. If cleaning-up costs $12 per ton, is there sufficient WTP in this small community to finance 2 tons? What are two potential reasons why a voluntary clean-up might nevertheless fail?d. What’s the optimal level of cleanup?
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Business, 21.06.2019 20:30
Northington, inc. is preparing the company's statement of cash flows for the fiscal year just ended. using the following information, determine the amount of cash flows from operating activities using the indirect method: net income$182,000gain on the sale of equipment12,300proceeds from the sale of equipment92,300depreciation expense—equipment50,000payment of bonds at maturity100,000purchase of land200,000issuance of common stock300,000increase in merchandise inventory35,400decrease in accounts receivable28,800increase in accounts payable23,700payment of cash dividends32,000 $189,400.$332,200.$236,800.$261,400.$186,800.
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Business, 22.06.2019 14:50
The following information is needed to reconcile the cash balance for gourmet catering services. * a deposit of $5,600 is in transit. * outstanding checks total $1,000. * the book balance is $6,400 at february 28, 2019. * the bookkeeper recorded a $1,800 check as $17,200 in payment of the current month's rent. * the bank balance at february 28, 2019 was $17,410. * a deposit of $400 was credited by the bank for $4,000. * a customer's check for $3,300 was returned for nonsufficient funds. * the bank service charge is $90. what was the adjusted book balance?
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Business, 22.06.2019 23:00
Abeverage company puts game pieces under the caps of its drinks and claims that one in six game pieces wins a prize. the official rules of the contest state that the odds of winning a prize are is the claim "one in six game pieces wins a prize" correct? why or why not? 1: 6.
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Business, 23.06.2019 00:00
Review the key ethical and social issues over the last five decades and place each on the timeline in chronological order. note that once you complete this part of the question, you will be unable to adjust your answers.
Answers: 3
Adam and Eve live on two sides of the Garden of Eden, a small suburban development. After they move...
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