Paying for a WiFi Network. Consider a small town with 1,000 households. The town could install a wireless WiFi network that would give everyone in town access to the Internet. Each household is willing to pay a maximum of $50 per year for the network, and the cost of the system is $20,000 per year. (Related to Application 1 on page 647.)a. Is the WiFi system efficient?b. Suppose the town asks for voluntary contributions to support the network. Would you expect the total contributions to cover the $20,000 cost?c. Suppose the town keeps track of the contributions and issues passwords to people who contributed at least $20. Would you expect the total contributions to cover the $20,000 cost?
Solved
Show answers
More tips
- C Computers and Internet Best iPad Games: Our Opinion...
- A Animals and plants Man s Best Friend: Which Dog Breed Is the Most Friendly?...
- H Health and Medicine 10 Simple Techniques on How to Boost Your Mood...
- G Goods and services How to Choose the Right High Chair for Your Baby?...
- S Style and Beauty Learn how to tie a keffiyeh on your head like a pro...
- S Style and Beauty How to braid friendship bracelets?...
Answers on questions: Business
- B Business A common problem faced by those responsible for making sales forecasts is selling the predictions to others such as the vice presidents of marketing, production, and human resources,...
- B Business Baby boomers are less likely to associate retirement with the beginning of the end and see it instead as a new chapter in their lives with new activities, interests, careers,...
- B Business Average rate of return, cash payback period, net present value method for a service company spanish peaks railroad inc. is considering acquiring equipment at a cost of $1,250,000....
- B Business At the end of may the unadjusted trial balance of barker industries included the following accounts barker industries uses the percentage of sales approach in estimating uncollectible...
- B Business Casio, a giant electronic products producer, synthesizes it abilities in miniaturization, microprocessor design, material science, and ultrathin precision castings to produce...
- B Business At the supermarket checkout line, you place a bar between your groceries and the groceries of a person behind you, which is an example of a. central markers b. land markers c....
- B Business Amarket in which firms can enter and leave so easily that firms in the market face competition from potential entrants is a market. a. potential b. cooperative c. contestable...
- B Business Cosmo industries is a aaa-rated company that needs to fund a project with an estimated life of 10 years. it can borrow at a fixed rate of 10.00% or it can borrow at a floating...
- B Business Bad brad received 20 nqos (each option gives him the right to purchase 30 shares of stock for $10 per share) from his employer. at the time he started working, the stock price...
- B Business Treasury stock shares . unissued shares that are held by the treasurer of the corporation.b. part of the total outstanding shares but not part of the total issued shares of a...
Ответ:
a.The efficiency of the WiFi system will depend upon the usage and the speed of internet provided by the ISP (Internet Service Provider). Keeping in mind that the town have 1,000 households the network to choose will need to be fast and reliable also each household should be allowed to download a certain amount of DATA via internet so that the each household can get benefit from the WiFi System.
b. If each household is willing to pay $50 per year the contribution received will be $50×1,000 = $50,000. So the cost of WiFi system will be recovered.
c. If the town keeps tracks of the contributions and ask the household to contribute at least $20 per year so yes the total cost of WiFi system will be recovered. $20× 1,000= $20,000
Explanation:
Ответ:
$2891
From online search: The table and multiple-choice answers to this questions are as below
The table
Deduction Dollar Amount
Federal Income Tax $420
State Income Tax $95
Social Security $89
Medicare $40
multiple-choice answers
$2821
$2857
$2860
$2891
Explanation:
Chin wants to reduce the federal income tax deduction from 12% to only 11% .
The new federal income tax will be
=11% of $3500
=11/100 x 3500
=0.11 x 3500
=385.
Total deductions will be as follows
Federal Income Tax $385
State Income Tax $95
Social Security $89
Medicare $40
Total= $609
The new net income
= $3500 - $609
=$2,891