Change in government policy affects 3 groups of citizens

Assignment Help Business Management
Reference no: EM132240884

Suppose that a change in government policy affects 3 groups of citizens. Member of group A would gain a total of $100 million, members of group B would lose a total $200 million, and members of group C would gain a total of $75 million.

Then considering 3 entities (each group as a whole), which of the following statements is correct?

I. The policy change, with no side payment, would be a Pareto improvement.

II. The policy change, with no side payment, would be a potential Pareto improvement.

III. A side payment exists that, in theory, could make this policy change a Pareto improvement.

A. I and II

B. I, II and III

C. I only

D. II only

E. III only

F. II and III

G. None of the three statements are correct for this policy change.

Reference no: EM132240884

Questions Cloud

Effect on the rental housing market : Neither are correct. Imposing rent controls will have no effect on the rental housing market.
Predict the transition into democracy : Which 3 countries with increasing economic development predict the transition into democracy and why?
Discuss about interpersonal organization communication : Wal-Mart will likewise access client names and email addresses infringing upon the system's security approach.
What would you recommend based on your readings and research : Cultural differences, while difficult to observe and measure, are obviously very important. Failure to appreciate and account for them can lead to embarrassing.
Change in government policy affects 3 groups of citizens : Member of group A would gain a total of $100 million, members of group B would lose a total $200 million, and members of group C would gain a total of $75
What capacities does open content give that can expand : What capacities does open content give that can expand and help client relationship management(CRM) frameworks?
What you believe are the most critical things to consider : Watch the video from Karl McDonnell, CEO of Strayer University, titled "What behaviors do you look for when building your teams?" Discuss what you believe are.
Human development index-social progress index : How can policy makers use different indicators (Human Development Index, Social Progress Index) in addition to GNI to improve economic and social development?
Increasing problem in south africa : Evaluate the role played by politicians, bureaucrats and interest groups and use a diagram where applicable

Reviews

Write a Review

Business Management Questions & Answers

  Find the probability that at least one of the four parts

Find the probability that at least one of the four parts will work. Round to six decimal places.

  Question about brand image

Brand image is one way a firm can differentiate its good or service. However, many questions are now being raised about the effect brand images have on consumer behavior.

  Motivation is low turnover companies

the organization were to have low employee turnover how would you maintain motivation for those that were the last to join the team-considering the proposed rewards/bonuses for those that were senior to them?

  Problem regarding the strategic leadership

1. Compare and contrast strategic controls and financial controls. Provide specific examples of how each may be used to best serve a corporation.

  Top management support and cross-functional involvement

Why are top management support and cross-functional involvement crucial when attempting to implement an activity-based costing system?

  What is karl marx explanation

What is Karl Marx' explanation of why the industrial revolution began in Britain and how did his narrative influence early development ideas?

  Blueprint of a local fast food restaurant in houston

Can you please make a service blueprint of a local fast food restaurant in Houston? Please choose a restaurant that permits customer to see food preparations

  What processes would you put in place to ensure

What processes would you put in place to ensure that your team could provide you and each other with ongoing feedback about the team performance?

  Calculate the appropriate selling price

Calculate the appropriate selling price of a 30-year 5% coupon, $100 corporate bond that was purchased five years ago. Marketplace interest rates are averaging 8%.

  Defining the new division of existing business

Write a 350-word executive summary defining the new division of existing business. Share your Vision, Mission, final business model, and value proposition, and list your key assumptions, risks, and change management issues. Quantify the growth and..

  Question regarding the management information system

1. What are the criteria that should be applied when choosing among candidate application software packages? 2. Why is an accurate and complete requirements definition especially critical when using the SDLC "waterfall" approach?

  What types of power are related most strongly to leadership

1. How would you explain Alabbar's decision to borrow US$700 million for property development in Syria in a power perspective? 2. Emaar owns California developer John Laing Homes, which they bought for US$1 billion. What influence does this give Emaa..

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