A city spent $2 million to build a pedestrian bridge that has proved unsafe. The city can repair this bridge or demolish it and build a new one. If the resulting bridge would be equally attractive and useful either way, how should the $2 million already spent factor into the city's decision?

Answers

Answer 1

The city should ignore the $2 million, since either way it has already been spent.

What is sunk cost?

Sunk cost is a cost that has already been incurred. It means that the amount has already been spent. Cost that has already been incurred should not be considered when making future economic decsions.

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Related Questions

Selena, an IT manager, needs to communicate to all of the company's long-term customers that their consulting rates will be increasing in the new year. Which guideline should Selena follow while communicating this bad news?

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The guideline that Selena, an IT manager should use when communicating bad news to her customers is to use specific and simple language that conveys her message effectively.

How to communicate bad news?

The use of indirect communication can help to soften the central message, because in this approach the message begins with the explanation of the reasons that led to the news, generating a greater sense of understanding in the receiver.

Therefore, it is essential that there is clear and honest communication, introducing possible solutions so that the bad news is received in a less impactful way.

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When it comes to credit scores, why is having a thin file not an asset?.

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The possession of a credit thin file is a liability and not an asset because its does not allows lender to access your credit worthiness which makes it hard to obtain loans or credit.

What is a credit scores?

A credit score serves an a finacial tool that helpt to tells about someone's creditworthiness.

Normally, the higher the credit score, the higher the rate of repayment of credit.

Hence, these credit score are used by lenders to decide whether to borrow, extend or deny credit for a borrower.

However, having a thin file is not considerd an asset in credit scores because its does not let us know the willing borrower's repayment history of credit.

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One of the principles of hierarchy is a clear ______ chain of command.

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Answer: One of the principles of hierarchy is a clear vertical chain of command.

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From an entrepreneurial perspective, ______ is a description of the future you envision for your business.

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Answer:

The answer is , planning

Explanation:

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The ________ is the member of the buying center whose primary function is handling the details of the transaction.

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The buyer is the member of the buying center whose primary function is handling the details of the transaction.

If the annual interest is $100 on a 3-year, straight interest-only note, and the interest rate on the note is 5% per year, what is the amount of the loan?

Answers

Assuming the interest rate on the note is 5% per year, the amount of the loan is $2,000.

Loan amount

Using this formula

Loan amount=Annual interest/Interest rate on the note


Where:

Annual interest=$100

Interest rate on the note=5% or 0.05

Let plug in the formula

Loan amount=$100/0.05

Loan amount=$2,000

Inconclusion assuming the interest rate on the note is 5% per year, the amount of the loan is $2,000.

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If a given set of cash flows is expressed in nominal terms and discounted at the nominal rate, the resulting present value will be the same as if the cash flows were expressed in real terms and discounted at the ____ rate.

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Dis discounted as the normal rate .

Assume laura has a managing board that includes members from the jojo maman bebe sales, operations, and finance departments. Based solely on this information, what type of team would this most likely be?.

Answers

Based on this information, they would be considered a cross functional team, made up of professionals from different specializations.

What is a cross functional team?

It is a group of people with different but complementary professional experiences and skills who work for a shared goal.

The members of this type of team have and contribute different academic backgrounds that nurture the group, in addition to each one having a very different profile and an experience that enriches the whole.

Therefore, we can conclude that based on this information, they would be considered a cross functional team, made up of professionals from different specializations.

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Eloise, the director of Human Resources at her organization

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Since Eloise is working to determine its human resource needs for the next five years, her first course of action is: assessing the future labor supply.

What is Human resources management?

Human resources management (HRM) can be defined as an art that involves effectively and efficiently managing, controlling and improving the functions, number of employees or workers, activities that are being used by an organization.

This ultimately implies that, human resources managers are saddled with the responsibility of recruiting, managing and improving the welfare and working conditions of the employees working in an organization because they are the most important asset of any organization.

In conclusion, Eloise's first course of action is assessing the future labor supply for her organization.

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Complete Question:

Eloise, the director of human resources at her organization, is working to determine its human resource needs for the next five years. Eloise's first course of action is?

Planning , using a five step process.

Michael’s personal property in his college dorm room is insured by an endorsement on his parents’ homeowners insurance. The deductible is $2,000. A flood destroys Michael’s textbooks, which cost $570.93 tablet computer, which cost $868.91 backpack, which cost $141.37 and clothing, valued at $500. How much of the loss will the insurance policy not cover?

Answers

Answer:

81.21.

Explanation:

all you would need to do is add up all the values then subtract 2000.

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What is the advantage of displaying data in a graph rather than just listing data in a table?.

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Answer:

✒️Answer:

Because of their visual nature, they show the overall shape of your data. This is when you should use graphs instead of tables: The message is contained in the shape of the values (e.g. patterns, trends, exceptions). The display will be used to reveal relationships among whole sets of values.

Explanation:

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When a car veers off the road such that the left front wheel goes off the pavement into the gravel before the right wheel, what will happen to the car, and why?.

Answers

The car will tend to turn to the left because the left wheel hits the gravel first and slows down before the right wheel.

What is Wheel?

This is defined as a circular component that is intended to rotate on an axle bearing.

The car will turn to the left as a result of the right wheel covering a greater distance thereby causing the car to turn to the left.

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When would you include an executive summary in a report?

Answers

Answer: Is B. When the report is 30 Pages long

Explanation: because I know

The presence of which magnetic feature best explains why a magnet can act at a distance on other magnets or on objects containing certain metals? fields dipoles domains forces.

Answers

The presence of "fields" magnetic feature best explains why a magnet can act at a distance on other magnets or on objects containing certain metals.

What is the term magnetic fields about?

The magnetic forces exerted by the magnet can act at a distance on other magnets or on objects containing certain metals.

The magnetic fields showcase the presence of magnetic forces. The magnetic forces arise due to attraction and repulsion of the poles inside the material.

Moreover, Opposite poles attract each other while similar poles repel each other.

Therefore, correct option is A.

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Answer:

answer is A. fields

Explanation:

edge 2022 I took the test

A ___________ cost system would be used by a company that makes custom, made-to-order wedding cakes

Answers

A job order cost system would be used by a company that makes custom, made-to-order wedding cakes.

What is a job order costing system?

A job order costing system is a costing method that determines the cost of manufacturing each product or job separately.

The circumstances that favor the use of the job order costing system include:

Production includes a variety of different and customized products.There is a need to calculate the cost of producing an individual job.Production must match the customer's order and not for stocking for sale.The costs are accumulated for each job separately.A job is performed according to the customer's specifications.

Thus, a  job order cost system would be used by a company that makes custom, made-to-order wedding cakes.

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The world of global logistics can be rather complex. As a result, companies sometimes need assistance in moving their products around the world. Suppose ford, an american company, manufactured cars in the usa but was going to send them to italy. What type of logistics intermediary is instrumental in helping ford create a logistics plan to get their cars out of the united states?.

Answers

The type of logistics intermediary that will be instrumental in helping Ford to create a logistics plan to get their cars out of the United States into Italy is E. Freight Forwarder.

Who is a Freight Forwarder?

A freight forwarder is a company that acts on behalf of importers, exporters, or other companies to ensure the safe, efficient, and cost-effective movement of goods, especially outside the exporter's country.

The logistics intermediary that will create a logistics plan for Ford is not a Longshoreman, Dispatcher, Customs house broker, FTZ, Customs agent, or Incoterm.

Answer Options:

A. Longshoreman

B. Dispatcher

C. Customs house broker

D. FTZ

E. Freight Forwarder

F. Customs agent

G. Incoterm

Thus, the type of logistics intermediary that will be instrumental in helping Ford to create a logistics plan to get their cars out of the United States into Italy is E. Freight Forwarder.

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What type of contract is created by an agreement that is oral when it is required by the Statute of Frauds to be in writing?

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The type of contract created by an agreement that is oral when it is required by the statute and required in writing is: legally voidable contract.

What is a Contract?

A contract is a legal agreement that binds individuals or groups. It defines and governs the mutual rights and obligations of the parties involved.

In a Legally voidable contract, the parties involved create an agreement orally especially when it is required by the statute of fraud. Although contracts that fall outside the statute need not be in writing.

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According to Baumrind, which type of parents place firm limits and controls on their child, allows little verbal exchange, and might show rage toward their child

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The type of parents place firm that place limits and controls on their child and allows little verbal exchange is authoritarian.

What is authoritarianism?

Authoritarian serves a kind of control whereby the parents posses the total control over their child.

In this kind of parents place firm, there is always a way to check the activities of the children to avoid bad influence.

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How do trade agreements of international organizations affect trade? by incentivizing the development of trade policies by eliminating tariffs and taxes on imports and exports by encouraging countries to provide open access to trade by helping smaller countries compete in the world market

Answers

A trade agreement (sometimes known as a trade pact) is a comprehensive tax, tariff, and trade treaty that frequently contains investment guarantees.

What are the benefits of international trade and agreement?

Some of the advantages of a trade agreement include reduced tariff barriers, increased exports, economies of scale, increased competition, use of surplus raw materials, and so on. These are some of the benefits gained by international traders as a result of trade agreements.

Thus Option C is correct about the trade agreement.

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Answer:

How do trade agreements of international organizations affect trade?

by incentivizing the development of trade policies

by eliminating tariffs and taxes on imports and exports

by encouraging countries to provide open access to trade  The answer

by helping smaller countries compete in the world market

View filters may be applied retroactively to any data that has been processed.

Answers

View filters van be applied retroactively to processed data. Therefore, it's true.

What is data?

It should be noted that data simply means the facts and statistics that are collected together for reference or future analysis.

In this case, view filters may be applied retroactively to any data that has been processed.

In conclusion, it's true.

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When using the four-step process for organizing creative thinking, which step involves ideas beginning to flow?

Answers

Th illumination stage is the stage at which the ideas from creative thinking began to flow.

What is a creative thinking?

This refers to a thinking process that is intented to gain a new insights and different ideas through existing information

The stages of the creative thinking includes:

PreparationIncubationIlluminationEvaluationVerification

In conclusion, the illumination stage is the stage at which the ideas from creative thinking began to flow because the ideas are been illuminated from the mind.

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Among the four-step process for organizing creative thinking, the step of thinking which involves ideas beginning to flow is the Illumination.

What is a creative thinking?

The Creative thinking is defined as the thinking procedure that is intended to obtain a fresh perception and different ideas through existing information.

These behaviors can assist companies in developing services, products and other offers that set them apart from their competition.

Stages of Creative thinking:

There are Four stages of the creative thinking:

   Preparation    Incubation    Illumination    Evaluation

Therefore, illumination phase is the phase at which the thoughts from creative thinking start out to flow because the thoughts are being illuminated from the mind.

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Alpha associates was organized on january 1, year 1. Alpha was organized as a corporation. Alpha reported $200,000 of before tax income during year 1 and paid a $30,000 cash dividend to its stockholders. Assuming a corporate income tax rate of 30% and a personal income tax rate of 15%, the total amount of tax collected by the government is.

Answers

Explanation:

GIVEN DATA:

Alpha reported =  $200,000

withdrew = $30,000

corporate income tax rate = 30%

personal income tax rate = 15%

SOLUTION:

we get here total amount of tax collect as

total amount of tax collect = Alpha reported amount × personal income tax rate  ...............1

put here value

total amount of tax collect = $200,000 × 15%

total amount of tax collect = $30,000

here no corporate  tax required  and partner is taxed on share of total partnership income regardless of amount withdrawn

so the correct answer is $30,000

Elasticity measures the responsiveness of Multiple choice question. one variable to changes in another. one variable to changes in many other variables. many variables to changes in many variables. many variables to changes in one variable

Answers

One variable to changes in another

Elasticity measures the responsiveness of one variable to changes in another. The correct option is A.

What are the measures of elasticity?

The price of the commodity, the price of related goods, and consumer income are the three quantifiable factors that determine demand and are used to calculate its elasticity. Price, cross, and income elasticities of demand are the three types of elasticities of demand.

The degree to which the quantity of a good is demanded in response to a change in its price is known as its elasticity of demand. The formula for calculating it involves dividing the proportionate change in quantity demanded by the proportionate change in the price level.

Elasticity is a measure of a variable's receptivity to changes in another variable. Elasticities are unitless, so you can measure the underlying variables in any way you like and they won't affect the elasticity. Elasticity and slope are not the same.

Thus, the ideal selection is option A.

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A company issues $100,000 of 5%, 10-year bonds dated january 1. The bonds pay interest semiannually on june 30 and december 31 each year. If the bonds are sold at par value, the issuer records the sale with a debit to:.

Answers

Assuming  the bonds are sold at par value, the issuer will records the sale with a debit to: Cash $100,000.

Journal entry

Based on the information given if the company issues the amount of  $100,000 of 5%, 10-year bonds dated january 1 the appropriate journal entry to record this transaction is:

Debit Cash $100,000

Credit Bond payable $100,000

(To record bonds sold at par value)

Inconclusion the issuer will records the sale with a debit to: Cash $100,000.

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How long does it take to hike the appalachian trail?.

Answers

 A typical hiker takes 5 to 7 months to hike the entire A.T.

Select all that apply Which of the following budgets are directly based on information from the sales budget? Multiple select question. Direct materials budget Production budget Direct labor budget Selling and administrative expense budget

Answers

The budgets that are directly based on information from the sales budget include:

Production budget.Selling and administrative expense budget.

What is a sales budget?

It should be noted that a sales budget simply means a financial plan that estimates the revenue for a particular period.

In this case, the production budget and selling and administrative expense budget are based on sales budget.

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Which statement(s) most directly apply to capitalism? i. there is heavy government regulation of industry. ii. individuals can start some, but not all, kinds of enterprises. iii. the price and availability of goods is determined primarily by the market. a. i and ii b. ii only c. i and iii d. iii only

Answers

The most directly applied sentence for capitalism is the price and availability of goods are determined primarily by the market. As the market is a free market in the economy.

What is Capitalism?

Capitalism is commonly thought of as an economic system in which private actors own and control the property.

According to their own interests, demand and supply freely set market prices in ways that benefit society.

 

Thus, option D which is iii only is correct.

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After submitting a résumé by mail, how long should you wait before following up with an employer?.

Answers

Answer: one to two weeks

Relative to the u. S. Constitution, the texas constitution is – and adopts a tone of – governance.

Answers

Answer:

longer ; limited

Explanation:

Joseph has recently been hired by a plumbing company. Which training method will most likely be used to train Joseph

Answers

The most common path is an apprenticeship program.

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All of the following explain why Paul Lazzaro is ironic given the conflict and setting except which?Select one:a. Paul Lazzaro is a soldier who is supposed to be honorable, but he acts dishonorably.b. Paul Lazzaro is all bark but no bite, meaning he talks violence but isnt a violent person.c. Paul Lazzaro is surrounded by unnecessary deaths, but he wants more unnecessary deaths.d. Paul Lazzaro is unnecessarily violent when he shouldnt be because hes already at war. A food Calorie (Cal) is equal to 1000 calories. True False Write the rate in lowest terms.During a bad storm there was 2 in of rain in 4 hr. The rate in lowest terms is_____? If Mike Rowe isn't Anti-College then what is he anti of? Two identical spheres, A and B, carry charges of+6 microcoulombs and -2 microcoulombs,respectively. If these spheres touch, what will bethe resulting charge on sphere A? During translation, the peptide bond formation is catalyzed by:. I do not understand this In towns and cities, generally, the bore wells have to be dug very deep to get water as compared to bore wells dug in villages. Give suitable reasons. PLEASE HELP I DONT UNDERSTAND IVE BEEN TRYING FOR 15 MINS AND STILL DONT GET ITFind the lengths of the missing sides in the triangle. Write your answers as integers or as decimals rounded to the nearest tenth. The diagram is not drawn to scale. (picture of diagram included) If the government levies a $500 tax per car on sellers of cars, then the price received by sellers of cars would:. What is the mode of the data set?89105 "She turned her back and stood. She was givingUs an opportunity to escape!"What do you learn about Abby's teacher, basedon her actions? Staying strictly neutral means that Switzerland has had to do busin governments like the Nazi's and Soviet Union. True False A car travels 80 miles on 3 gallons of gas. At the same rate (in miles per gallon) l, how many miles will the car be expected to travel on 5 gallons of gas?A. 48 B. 130 C. 133 1/5 D. 160 Read the quote below. Write a journal entry with your thoughts on this quote. What do you think Miles Davis means in this quote? Can you apply this to music? Can you apply it to an experience in your life now or a goal you are aiming for? Your response should be at least two complete paragraphs (4 sentences per paragraph). Remember to use your own words and elaborate.QUOTE:Its not about standing still and becoming safe. If anybody wants to keep creating they have to be about change. - Miles Davis. How are oceans and salt marshes different? B A Salt marshes have deeper water than oceans. Salt marshes have shallower water than oceans. Salt marshes have more organisms than oceans. D . Salt marshes have more wave action than oceans. Parallel field lines evenly spaced and all pointing left labeled B. There is a point with a vector down labeled v. There is a circle next to the point labeled F. Use the right-hand rule for magnetic force to determine the charge on the moving particle. This is a charge. Keep in mind what an independent variable is. What are some variables that can affect a persons heart rate? Choose one variable that you would like to design an experiment for. State your hypothesis of how the independent variable might affect heart rate. Please be specific about what the independent variable is. PLS HELP FAST FOR 50 POINTS AND BRAINIESTwhat events led to the revolutionary war?What are some differences between the United States government and the Canadian government?How did the environment influence the American Indian cultures of the northwest and southwest How did Amendments 13, 14, & 15 help African Americans?