Macroeconomics

posted by .

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.

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. math

    Find the average of these times using and recording two different sets of keystrokes you consider efficient?
  2. managerial economics

    Engineers at a national research laboratory built a prototype automobile that could be driven 180 miles on a single gallon of unleaded gasoline. They estimated that in mass production the car would cost $40,000 per unit to build. The …
  3. managerial economics

    Engineers at a national research laboratory built a prototype automobile that could be driven 180 miles on a single gallon of unleaded gasoline. They estimated that in mass production the car would cost $40,000 per unit to build. The …
  4. Economics

    Engineers at a national research laboratory built a prototype automobile that could be driven 180 miles on a single gallon of unleaded gasoline. They estimated that in mass production the car would cost $40,000 per unit to build. The …
  5. Microecomices

    In each of the following cases, explain whether you think the situation is efficient or not. If it is efficient , why not?
  6. college

    In each of the following cases,explain whether you think the situation is efficient or not.If it is not efficient,why not?
  7. physics

    How much work can a 22 kW car engine do in 60 seconds if It is 30% efficient It is 100% efficient
  8. Chemistry

    How many grams of pure H2SO4 can be obtained from 250 grams of iron ore if the ore is 82% FeS2?
  9. economics

    Explain the difference between efficient and cost-effective. Explain whether an outcome can be efficient and not cost effective. Explain whether an outcome can be cost-effect an inefficient.
  10. Macroeconomics(PLEASE HELP)

    4. Techniques of Production Resource Resource Prices Land $4 Labor $2 Capital $5 Entrepreneurial Ability $3 Possible ProductionTechniques I II III IV 4 6 8 9 6 7 9 9 5 4 3 2 1 1 1 2 a. Which technique is the most efficient?

More Similar Questions