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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?
what makes costco''s a distnghished and well reputed retail brand?
Undertake the following tasks : 1. Develop a position paper for enhancing the organisation's strategic capability by influencing the strategy in action. 2. Evaluate the organ
You are considering shortly opening a copier serving center near a university. Your estimate of fixed cost is at $15,000 a year and the variable cost for every copy made is $0.01.
Question 1: Elaborate on the following business strategies giving examples, and discuss under what circumstances these business strategies are applied. a) Forward integrati
Q. What do you mean by Dividend cover? Dividend cover Dividend cover = Profit available to ordinary shareholders (PAT) / Annual dividend (no. of times) Or = EPS/Divi
Q. What do you mean by Trade payable days? Trade payable days (turnover) {Yearend trade payables / Credit purchases (or cost of sales)} x 365 days This is the length
Benefits of using balanced scorecard (BSC) - BSC encourages a long-term view of improving performance through time. - BSC considers both non-financial as well as financial m
A customer has engaged your software development company to develop a new order-processing system. However, the time frames are very tight and inflexible for delivery of at least t
1. Describe and analyze the environment, strategy, and structure of your organization of choice. It is critical to provide evidence for your analysis. 2. Assess the challenges and
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