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Case on Walmart:
Suppose Walmart has announced plans to seek approval from the planning commission of a small town to build a new store. Develop a list of the main arguments, pro and con, that could be presented at a public hearing on the matter by members of each of these groups:
1. Owners of small businesses located nearby
2. Town residents, and residents of nearby towns
How might a Walmart representative respond to the negative criticisms that might be brought up, and what other benefits could the representative offer the planning board to bolster Walmart’s case for gaining the board’s approval?
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- Suppose Walmart has announced plans to seek approval from the planning commission of a small town to build a new store. Develop alist of the main arguments, pro and con, that could be presented at a public hearing on the matter by members of each of these groups: 1. Owners of small businesses located nearby.2. Town residents, and residents of nearby towns. How might a Walmart representative respond to the negative criticisms that might be brought up, and what other benefits could the representative offer the planning board to bolster Walmart’s case for gaining the board’s approval?(J) Suppose the production process of a particular good creates a negative externality such as pollution. Other things being equal, would society be better off if this good were produced by a perfectly competitive market or by a monopoly? a. Society would be better off if this good were produced by a perfectly competitive market, because a perfectly competitive market responds to consumers' desires in the long run b. Society would be better off if this good were produced by a perfectly competitive market, because a perfectly competitive market will produce the quantity where Marginal Revenue equals Marginal Cost c. Society would be better off if this good were produced by a monopoly,Part (b) The diagram below represents a monopoly market with one privately owned power generator. P 90 75 60 45 30 15 0 0 10 20 30 D 40 ATC 50 b1. Show the expected social losses from having a monopoly. Draw in any extra lines you need to show your solution. b2. If a law is passed requiring marginal cost pricing in the above market, what problem would there be for this privately owned power generator. Support your answer with a diagram.
- 365 ht, Library, and ng Resources soft Teams ngs soft Teams s "Marble Madness" is a local carnival game, costing $2. There are 100 total marbles in a bag: 2 red, 8 orange, 10 yellow, 30 green, 30 blue, and 20 black. If a red marble is pulled, you win $6, an orange marble wins $4, and a yellow marble wins $2. A green, blue, and black marble result in a loss of the $2 cost to play. What is the expected value of a marble pull? Provide your answer below7 Topic: Electric vehicles are being promoted by governments and automakers worldwide as a critical innovation for reducing oil consumption and combating climate change. Can you help me with the introduction, body, and conclusion? maybe 1-3 pages will do. Thanks!1. The Ministry of Works and Supply has plans to construct a network on roads and tollgates in Vubwi District. Its permanent Secretary presents this plan to cabinet asking for approval and argues that although the project costs a lot of money at present, it will yield very significant benefits for the next 20 years. He presents the following summary of costs and revenues shown in Table 1. Table 1 Summary of costs and benefits for proposed road project Year of activity (million Activity Road Construction Resurfacing of road Resurfacing of road 0 5 10 15 Resurfacing of road Collection of toll gate From year 3 to year fees 20 Costs ZMW) 400 5 7 10 Benefits (million ZMW) 10 annually (once tollgates are operationally) The government currently spends ZMW 3million annually on resurfacing the gravel roads and patching up the few dilapidated bituminous roads in Vubwi district. (a) Using a discount rate of 10%, conduct a cost-benefit-analysis, and advise the cabinet accordingly. (b) Briefly…
- 3. Dancaster Utilities is a natural monopoly which is in charge of supplying water to the city of Dancaster. Competitive price and quantity are 10 and 5. Monopoly price and quantity are 12 and 3. (a) Illustrate graphically and explain the welfare loss that takes place due to monopoly behaviour. (b) Explain and illustrate graphically which is the desirable regulated price that the local government should impose. (c) Which is the socially efficient level of output? (d) Illustrate graphically the case where the government regulates the price at too low a level. What will occur in the market? And regarding social welfare?1. A local city council is considering a major transit expansion. The project requires purchases of $40 million in equipment now and annual expenses of $1 million each year starting in 2 years. The transit expansion is expected to reduce road congestion beginning next year and reduce respiratory illness in the region by 5% in 3 years. These benefits have been estimated monthly as 30 hours less time commuting. There are 250,000 commuters in the region and the average wage is $30 hour. Respiratory illness costs the local health system $500,000 each year. The council has asked you to complete a cost benefit analysis of the project. Present one with a time horizon of 5 years and another over the next 20 years. Current interest rates are 2% 2. Calculate the PV of $10 million received in 5 years 3. Suppose in a certain city the demand for low-cost housing can be characterized by the equation P = 200 - 2Q, where Q is housing measured in square feet. Further, suppose that supply is…Question 3 Some reasons why resources could be allocated inefficiently by the market are negative externalities and positive externalities. (a) Explain, using graphs, what the problem is in each case, and explain possible solutions to each problem. (b) All of these problems might be described as arising due to poorly defined property rights. Explain the relationship of property rights to these instances where the market fails to allocate resources efficiently. (c) Explain how a corrective tax can eliminate the inefficiency caused by a negative externality. Use a graph to assist your explanation (d) Why does the optimal tax promote the efficient use of resources?
- Technical Reporting 10th edition – Chapter 16 Define a proposal, or in other words, what is it for? What is the difference between internal and external proposals? What is the difference between solicited and unsolicited proposals? What is the difference between a research proposal and a goods and services proposal? What kind of writing is a proposal? __________________________________________ How does a writer understand the reader’s needs in an internal and an external proposal? How does a writer demonstrate professionalism? The resources for a proposal fall into what three categories? What are the six main structures or parts of a proposal? What does each part do? a. b. c. d. e. f. 10. What must the writer have at the end of a proposal just like a research paper?What are the party's names in a civil lawsuit: Select one: O a. Prosecutor & defendant O b. Plaintiff & respondent O c. Plaintiff & defendant O d. Appellant & appellee1. Which of the below is not a question to ask ourselves when designing a product? Customer-requested functions What current products can do The constraints of the materials Cost of service produced