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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?
Problem: Two people are sharing an apartment in New York City, including all the food in the fridge. Currently, the fridge is ?lled with 30 sodas and 30 burgers. Assume person 1's
A good strategic plan is a dominant motivator for change and usual progress updates are crucial to maintain that momentum. The next steps then are to regularly ensure in on progres
1. Discuss the Retrenchment Strategy of Sara Lee.
What are the problems in assessing the potential for synergy from a merger
Relationship Between A Company's Strategy & Its Business Model 1. Closely associated to the idea of strategy is the model of a company's business model . CORE CONCEPT:
Discuss how changes in income ,technology ,or other changes in the economic environment may lead to changes in the balance between public and private provision .Illustrate,for ins
Establish long-term objectives Live Business News investigated that ‘The market researchers AC Nielsen expect that Aldi will expand its branch network in the few urban centers
what is that
Most executives are related with business planning. A business plan is typically written every year and includes things like a marketing plan, cash flow projections, a mission stat
how to market a downtown city?
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