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Superior expertise about how technologies work does not guarantee superior judgment about how they should be used, regulated, or governed. As technology becomes more sophisticated, how can citizens and political leaders judge and understand whether a given technology offers great perils or great promises? When great technological projects, such as venturing farther into the galaxy or developing new life-extending medicines, are proposed, how should government officials make decisions about how tax dollars should be spent?
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A firm that has recently experienced an enormous growth rate is seeking to lease a small plant in Memphis, TN; Biloxi, MS; or Birmingham, AL. Prepare an economic analysis of the th
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