The UQ Union is considering two expenditure options. It can either buy 20,000 ice-creams (each costing $2.50) to distribute to UQ students or it can construct a skate park costing $50,000 for students to freely use. There are approximately 50,000 students at UQ and each student values an ice-cream (and every additional ice-cream) at $2.50 and the use of the skate park at $2.50.
Which of the following statements are true:
The total summed MB for the skate park is $50,000. |
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The total summed MB for the skate park is $125,000 when considering all students. |
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The total summed MB for ice-creams is $125,000 and the MC is $50,000, so choosing this option would not make economic sense. |
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For each ice-cream consumed, the MB equals the MC. |
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The UQ Union is considering two expenditure options. It can either buy 20,000 ice-creams (each costing...
FOR THIS QUESTION CAN BE MULTIPLE CHOICES NOT JUST ONE, I WAS
THINKING IN OPTION B AND MAYBE D BUT NOT SURE :/
QUESTION 2 The UQ Union is considering two expenditure options. It can either buy 20,000 ice-creams (each costing $2.50) to distribute to UQ students or it can construct a skate park costing $50,000 for students to freely use. There are approximately 50,000 students at UQ and each student values an ice-cream (and every additional ice-cream) at $2.50...
Please be aware that this question might've more than one
correct answer.
QUESTION 2 The UQ Union is weighing up two expenditure options. It can either buy 20,000 ice-creams (each costing $1.50) to distribute to UQ students or it can construct a skate park costing $50,000 for students to freely use. There are approximately 50,000 students at UQ and each student values an ice- cream and a skate park each at $1.50 Which of the following statements are true? The...
Please help me in both questions, thank you very much
:)
QUESTION 2 The UQ Union is considering two expenditure options. It can either buy 20,000 ice-creams (each costing $2.50) to distribute to UQ students or it can construct a skate park costing $50,000 for students to freely use. There are approximately 50,000 students at UQ and each student values an ice-cream (and every additional ice-cream) at $2.50 and the use of the skate park at $2.50 Which of the...