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1. Generate two (2) advantages and two (2) disadvantages of group decision making within the context of deciding how to spend revenue obtained from a new sales tax. Include at least two (2) examples of such advantages and disadvantages to support your position.
2. It is well known that, at times, public administrators have to make unpopular decisions. Propose two (2) leadership skills that are required for making difficult decisions in the current political environment. Next, propose two (2) actions that public administrators could use in order to implement an unpopular government policy or decision. Provide a rationale for your response. Please provide References
N firms compete in a perfectly competitive industry. Market demand Q, for a good is given by Q=3000-50P, where P is the market price. For each firm I, the long run total cost function , C(qi) is: What is the long-run supply curve for an individual f..
Q=4000-4p, where P is selling price per unit and Q is quantity demanded. V= $25/unit which is the revenue per unit and Fixed cost = $10025. (a) Find Breakeven quantity or quantities, (b) find maximum revenue, (c) find the maximum profit.
Assume you were told to prepare a table of factored values for calculating the future worth of a geometric gradient series. Determine the first three values for an interest rate of 10% per year and a rate of change g of 6% per year
Suppose the firm A&B is a monopolist. What is the profit-maximizing price and quantity? How much profit does the firm collect? How much consumer surplus does the firm generate? What is the deadweight loss? Suppose consumers cannot see the differences..
The Anderson County board of supervisors has agreed to fund an ambitious project that will "spend money now to save much more money in the future." A total of 16.2 million will be awarded to the York Corporation for energy improvements in 40 building..
After graduating from college, you receive job offers from five different accounting firms. All job offers have a different compensation package. Is it irrational for you to accept an offer that doesn't provide the highest level of monetary compensat..
In the economy of Qonos in 2067 exports were $670, GDP was $8,652, imports were $1,281, investment was $1,544 and consumption was $2,325. What was Qonos's government spending in 2067?
Find the profit-maximizing choice of q for this miniature farm; also compute profits that will be earned at this choice of q.
Do Monopolistically competitive firms generate a long-run profit? Why is a monopolistic competition said to be inefficient?
List the economic benefits of, and problems with, subsidized college education. Examine subsidized college education by considering answers to the three basic economic questions: What to produce with limited resources? How to produce the goods and se..
a rich man has 1,000,000 in the bank earning 7% interest. He plans to give away 100,000 at the end of the year and to increase his gifting by 10% each year there after. How long with the million dollars last?
q1. elucidate how higher saving leads to a higher standard of living. illustrate what might deter a policymaker from
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