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Macroeconomics

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9. In each of the following cases, explain whether you think the situation is efficient or not. If it is not efficient, why not? What actions would make the situation efficient?

a. Electricity is included in the rent at your dorm. Some residents
in your dorm leave lights, computers, and appliances
on when they are not in their rooms.
b. Although they cost the same amount to prepare, the cafeteria
in your dorm consistently provides too many dishes that
diners don’t like, such as tofu casserole, and too few dishes
that diners do like, such as roast turkey with dressing.
c. The enrollment for a particular course exceeds the spaces
available. Some students who need to take this course to
complete their major are unable to get a space while others
who are taking it as an elective do get a space.

  • Macroeconomics -

    None of these seem efficient to me. What do you suggest to make them efficient?

    Btw -- in some hotel rooms in Asia, lights only come on when the key card is inserted in a slot. In order to leave the room with the key, the guest must withdraw the card, thus shutting off the electricity.

  • Macroeconomics -

    Although they cost the same amount to prepare,the cafeteria in your dorm consistently provides too many dishes that diners don't like,such as tofu casserole,and too few dishes that diners do like,such as roast turkey with dressing. Is this efficient? If not,what actions would make the situation efficent?

  • Macroeconomics -

    Explain whether you think the situation is efficient or not. If it is not efficient, why not? What actions would make the situation efficient?
    Electricity is included in the rent at your dorm. Some residents in your dorm leave lights, computers, and appliances
    on when they are not in their rooms.

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