Who gain from the decision are greater than the losses

Assignment Help Macroeconomics
Reference no: EM13246321

you have been assigned the task of determining the route of anew high way through an older section of town. the highwaywill rquire that many older homes must be either relocated or torn down. two possible criteria that might be used in decidingwhere to relocate the highwayare:

(a) ensure that there are benefits to those who gain from thedecision and that no one is harmed by the decision.

(b) ensure that the benefits to those who gain from the decision are greater than the losses of those who are harmed by thedecision.
which criterion would you select to use in determining theroute of the highway. explain

Reference no: EM13246321

Questions Cloud

Explain the final volume be for the pressure of the gas : A cylinder with a moveable piston contains 184mL of nitrogen gas at a pressure of 1.02atm and a temperature of 306 K. What must the final volume be for the pressure of the gas to be 1.52m atm at a temperature of 370 K
How to maximize output with minimum input : (a) select an appropriate economic criterionand estimate the production rate based upon it. (b) how could you maximize output with minimum input . explain
Estimate its luminosity in solar luminosities : Consider a 7 solar mass main sequence star, Estimate its luminosity in solar luminosities and how long (in years) it could maintain its luminosity through gravitational collapse
What is the expected return on the firms equity : What is the expected return on the firm's equity before the announcement of the stock repurchase plan and what is the value of equity after the announcement of the stock repurchase plan?
Who gain from the decision are greater than the losses : ensure that the benefits to those who gain from the decision are greater than the losses of those who are harmed by thedecision. which criterion would you select to use in determining the route of the highway. explain
Explain the gas expands at constant temperature : A 22.0 L volume of an ideal gas in a cylinder with a piston is at a pressure of 3.0 atm. Enough weight is suddenly removed from the piston to lower the external pressure to 1.5 atm. The gas then expands at constant temperature until its pressure i..
How many packages should be purchase per week : the vegetable buyer for a group of a grocery stores hasdecided to sell pakages of sprouted grain in the vegetable sectionof the stores. the product is pereshable and any remaining unsold after one week in the store is dicarded.
Calculate the total force on the moving particle : Consider a particle with positive charge q = 8.00 * 10^18 C moves with velocity v=(4i + 2j - k) m/s through a region, calculate the total force on the moving particle
Explain what volume would the air in her lungs expand : A scuba diver with a lung capacity of 5.3L inhales a lungful of air at a depth of 47m and a pressure of 5.7atm.

Reviews

Write a Review

 

Macroeconomics Questions & Answers

  Find where nash argues for an optimal equilibrium

Watch the movie "A Beautiful Mind". Pay attention to the scene where Nash argues for an optimal equilibrium (the bar scene). Would you say that his "equilibrium" constitutes Nash equilibrium Explain.

  Economists says as if economic growth is necessarily

Economists says as if economic growth is necessarily a good thing, many question the sustainability and even the morality of ever increasing economic growth.

  Calculation of total factor productivity growth

Calculate total factor productivity growth (our measure of technological progress) for each country using the growth accounting framework discussed in class.

  What are the positives and negatives of each type of money.

What are commodity money, commodity backed money and fiat money? What are the positives and negatives of each type of money.

  Describing canadian money supply

What money supply must the Bank of Canada set next year if it wants to keep the price level stable? What money supply must the Bank of Canada set next year if it wants inflation of the ten percent?

  Real and financial frameworks

The real and financial frameworks, that Ireland's unemployment rate will remain stubbornly high over the coming years, perhaps falling somewhat only through rising emigration.

  Determining the impact of fiscal

If increased government spending and tax cuts were equally effective in stimulating aggregate demand, which fiscal tool would you select? Why?

  How much does the farmers revenue change

The farmer initially grows 1,057 acres of wheat and 0 acres of corn. Suppose the price of corn increases by $102 per acre harvested and how much does the farmer's revenue change by if she continues to grow wheat even after the price of corn increas..

  How the smokers will consume the same number of cigarettes

While there are many arguments both for and against this view, some find the following argument to be most persuasive of all: "The laws of supply and demand indicate that higher cigarette prices are ineffective in reducing smoking.

  Calculation of the most payment to complete development

Our salespeople report that the arrival of new competing products has reduced expected sales of your new product to $3 million. what is the most you should pay to complete development.

  What is the equivalent single sum amount

What is the amount of the son's freshman year expense in terms of actual dollars? (b) What is the equivalent single sum amount at the present time for these college expenses?(c) What is the equal amount, in actual dollars, the father must save each y..

  What does it mean by a growing economy

A growing economy means that the economy is producing more and more "stuff", either because it has more resources (workers), or uses those resources more productively (smarter, better workers, working with better machines and systems).

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