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Assume a city of 1 million people, 75% of who are willing to pay $1 maximum (each) to clean up pollution. The rest of the population is willing to pay $100 each to clean up pollution. Clean-up costs $3 million. It has been proposed that each person be taxed equally to pay for the pollution clean-up.
a) Will such regulation pass a majority rule?
b) Is it desirable from the point of view of the Pareto criterion?
c) Is it a good idea using the compensation principle?
d) Which social choice mechanism do you think is best on intuitive grounds and why?
1. Explain the process of performing an internal audit. Evaluate why prioritizing the relative importance of strengths and weaknesses to include in an IFE Matrix is an important st
A) Producing new and better products or services B) Substitution of require by a related product or service C) Displacing consumer spending into latest unrelated products and
One rich seam of experimental data comes from meteorological measurements. Thousands of measurements are recorded each day by the Australian Bureau of Meteorology (BoM). This assi
What are the problems in assessing the potential for synergy from a merger
QUESTION (a) Organisations are systems that exist in the context of an external environment, an interdependent relationship, interact with it in order to survive and grow. Any
Integrated Marketing Communication (IMC ) and Marketing Channel strategy : Develop a promotional strategy addressing the advertising and sales promotion aspect of communic
need help with capstone business
bcg analyis matrix of mcb bank
Question: Strategy implementation can be said to consist of securing resources, organizing these resources and directing the use of these resources within and outside the organ
Investigation of potential solutions The investigation of potential software solutions must involve what is common practice in the industry. Consider the following questions:
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