Ecommend that prisons be privatized

Assignment Help Business Economics
Reference no: EM1312230

Q1. It has been estimated that private prisons are about 10 percent cheaper, on a every prisoner basis, than public prisons. On this basis, would you recommend that prisons be privatized? If not, illustrate what other information would you require?

Q2. If a person begins saving money by depositing $1000 now also then increases the deposit by $500 every year through year 10, the amount that will be in the account in year 10 at an interest rate of 10% every year is?

Reference no: EM1312230

Questions Cloud

Several possible methods for determining the pay of ceos : Chief Executive Officer (CEO) Pay There are several possible methods for determining the pay of CEOs in large corporations.
Characteristics of angiosperms. : Describe how structural modification helped the plant adapt to its environment. Assure the plant you select is an Angiosperm. For example, plants like the mosses, pine trees, and ferns are not the Angiosperms.
Determine the irr for blue snow''s : Determine the IRR for Blue Snow's snowboard project and determine the NPV for Blue Snow's snowboard project
Economically interpret the regression results : Use Excel program to estimate of the state's demand for KBC microbrews in Ohio. Print (past) the computer regression output and provide an economic interpretation of the regression results.
Ecommend that prisons be privatized : It has been estimated that private prisons are about 10 percent cheaper, on a every prisoner basis, than public prisons.
Sampling technique for study : Explain why random samples are preferred to nonrandom samples.
Calculate the present values of investment using future : Calculate the present values of investment using future values investments returns
Evaluating multiple projects with npv analysis : Rank each of the four projects from most desirable to least desirable based upon NPV and Which project would you invest in first
Brain transmitting message to muscles. : Describing how the brain transmits the message to muscles. Trace impulse, list the steps in as much detail as possible, from which your brain transmits the message to the suitable muscles in order to step up one step.

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd