Monday
September 1, 2014

Homework Help: Macroeconomics

Posted by Sully on Sunday, August 2, 2009 at 9:51pm.

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 donít 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.

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

college - In each of the following cases,explain whether you think the situation...
Microecomices - In each of the following cases, explain whether you think the ...
managerial economics - Engineers at a national research laboratory built a ...
managerial economics - Engineers at a national research laboratory built a ...
Economics - Engineers at a national research laboratory built a prototype ...
physics - How much work can a 22 kW car engine do in 60 seconds if It is 30% ...
economics - engineers at a national research laboratory built a prototype ...
managerial economics - Engineers at a national research laboratory built a ...
college physics - If an automobile had a 100% efficient engine transferring all ...
math - Find the average of these times using and recording two different sets of...

Search
Members