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Disadvantaged Business Enterprise (DBE) - Should the DBE program be abolished? While such programs may have been necessary 20 or more years ago, today are they simply a waste of taxpayer money? Many argue that the system still has its merits, some say it's riddled with excessive fraud, costs countless federal and state dollars to manage, and results in higher than necessary prices for goods and services on many government-funded projects.
The question to you is: Should Congress abolish the statute and allow free enterprise to run its course?
Elucidate how each of the following people would talk about scarcity and trade-offs. The President of the United States and the leader of a developing nation.
Suppose the Nation of Arcadia produces only two goods, teapots and surfboards. If Arcadia produces only teapots it can make 80 per day. If Arcadia produces only surfboards, it can make 30 per day. What is the opportunity cost of 1 teapot in Arcadi..
A specialty concrete mixer used in construction was purchased for $300,000 7 years ago. Its annual O&M costs are $105,000. At the end of the 8-year planning horizon, the mixer will have a salvage value of $5,000. If the mixer is replaced, a new mixer..
Suppose the nation of Arcadia produces only two goods teapots and surfboards if Arcadia produces only teapots it can make 80 per day if Arcadia produces only surfboards it can make 30 per day what is the opportunity cost of one teapot in Arcadia
Elaine is going to invest $5,000 this year, and plans on increasing her investments by 7% each year. If she invests for 20 consecutive years and earns 7% per year, the amount she deposits on the 20th year is closest to …
Governments often need to raise revenues to fund public projects like schools, road maintenance, parks, etc. One way governments raise revenue is to place taxes on the sale of certain goods. Suppose a government is debating whether to raise taxes on ..
In May in Huntsville, the high temperature exceeded 80°F on 20 days. It rained on 8 days when the high temperature was over 80°F. If we choose any day in May, the probability that it rained on that day is independent of the probability that the high ..
A Monopolist selling a cell phone in two separate markets. They must decide how much to sell in each market in order to maximize their total profits.
The supply of and demand for bank reserves determines the
In recent yrs, persons also state governments have sued various tobacco companies to compensate for illness also injury allegedly cause d by cigarette smoking.
Traffic at a certain intersection is 2000 cars per day. A consultant has told the city that traffic is expected to grow at a continuous rate of 4% per year. How much traffic will be expected at the end of 5 years? : P=2k, r=4% continuous comp, n=5, F..
Why do manufactures like Procter and gamble spend millions of dollars annually creating and maintaining their brands? Why won’t they just manufacture their products and sell them under store brand labels?
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