Define subsidy

Assignment Help Managerial Economics
Reference no: EM1372064

Mr. Smith, has fallen behind on his work, he has asked you to help to make a letter for a local business or economic project. Your local city is trying to attract a new garbage processing facility in an underdeveloped part of town. As part of the package of incentives for luring the facility's builders, the city is offering an economic subsidy of $300,000 to help build the facility. Mr. smith also explains that your help on this business/economic project will only help you in your promotion to vice president.

in which you either to support or criticize the proposed $300,000 subsidy.

* Define subsidy.
* Identify the economic winners and losers of the $300,000 subsidy.
* Explain what your city will have to give up because of the subsidy and what it will gain in the long run.
* Discuss the pros and cons of the project.
* Conclude your letter by expressing your point of view.
* Propose another recommendation/incentive that will help the community agree on the above project.

 

Reference no: EM1372064

Questions Cloud

Permit a user to manipulate database using vb : Use VB to permit a user to manipulate database according to following: Permit the user to scroll through list of students while showing student ID, student name, advisor name, and department.
Diversity-consciousness in organization : You're a leader in global organization and have been asked to develop a presentation to the Board of Directors regarding the importance of diversity-conscious organization.
What is non-verbal communication : What is non-verbal communication and how does one improve it and how can one be self-aware of their non-verbal gestures?
Discuss the concept of marriage : Describe and critically discuss the concept of marriage from both the functionalist perspective and the conflict perspective. Provide at least one example for each.
Define subsidy : Mr. Smith, has fallen behind on his work, he has asked you to help to make a letter for a local business or economic project.
Contemporary norms associated with hegemonic masculinity : Determine the contemporary norms associated with the hegemonic masculinity and document the consequences of such norms for men and their families, and their relationships with women.
Describe why algorithm runs in on time : Assume you have the array A of n items, and you want to find k items in A closest to the median of A. Describe why your algorithm runs in O(n) time.
Disucss the influences of price elasticity of demand : Post a memo to explain the factors that contribute to the elasticity of goods. Also incorporate a real-life example of price elasticity of demand, and discuss how it impacts the economy.
Major methods of sociological research : Discuss how each of the major methods of sociological research - experiment, survey, participant observation, and secondary research - are suitable for helping us to answer different types of questions and to study different situations.

Reviews

Write a Review

Managerial Economics Questions & Answers

  Discuss the economic rationale

"A characteristic of oligopolistic market is that, once the general price level is established it tends to remain fixed for an extended period of time." Discuss the economic rationale underlying this phenomenon.

  Economic efficiency in the organization

If a manager that takes over a furniture factory and realizes immediately that it was throwing away at least $100,000 a year worth of wood scrap

  Principles of economics

List three characteristics of an economists, a scientist and thee characteristics of an economist as a policy adviser.

  Calculate the expected stock price and standard deviation

Assume that a stock price has an expected return of 16% per year and a volatility of 30% per year. When the stock price at the end of a certain day is $50,

  Find an expression for the marginal product of labor

Assume capital is fixed at 16 units. If the company can sell its output at a price of $100 per unit and can hire labor at $25 per unit,

  High health care bills

Suppose your employer sends you on a reconnaissance mission to Roswell, New Mexico. Your CEO wants to relocate company's customer service operation to Roswell,

  Calculate the project rate of return

A corporation wish you to use rate of return analysis to evaluate the economics of buying the mineral rights to a mineral reserve for a cost of $1,500,000

  Construct the demand estimation

Given the data, please construct the demand estimation for soft drink consumption in the United States by  a multiple-linear regression equation, and    a log-linear (exponential) regression equation.

  Find the output of milk that maximizes profit

The fresh milk market in Honolulu is purely competitive. The typical production cost is defined through a a cubic cost schedule as given below.

  Draw the firms average and marginal cost curves

Draw the firm's average and marginal cost curves on the following diagram and the information in the following table relates to a firm's average and marginal costs of operating each of three plants (X, Y and Z). Each plant has a U-shaped average c..

  Calculate growth rate in sales

The following table demonstrate yearly sales information for Landrover, Inc., over the ten-year 1998-2008 period:

  Determine strategies for new product

Coca-Cola and PepsiCo are leading competitors in market for cola products. In 1960 Coca-Cola introduced Sprite, which today is the worldwide leader in lemon lime soft drink market and ranks fourth among all soft drinks worldwide.

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