Business
Business, 06.08.2021 03:20, absmentalbreakdown

The Senate, the legislature of the fictional country of Romange, is considering legislation that will generate benefits of $20 million and costs of $26 million. For perspective, Romange's population is 40 million. Passing the legislation isefficient , and if everyone in Romange shared equally in both its benefits and its costs, the Senate will votefor the legislation. If the benefits of the legislation are concentrated among a few people instead of widespread among the population, those people will be willing to spend up to lobbying the Senate for the legislation. (Note: Assume that the costs are widespread; therefore, you can ignore them in the calculations of the few who experience the benefits.) The less widely spread are the costs of the legislation, the is the likelihood of lobbying against the legislation by those who will incur its costs. Suppose that, as before, the benefits of the legislation are concentrated among a small group, the costs are very widespread, and the Senate is responsive to lobbying. The likely amount spent on lobbying against the legislation is , in which case the Senate will likely vote the legislation.

answer
Answers: 3

Other questions on the subject: Business

image
Business, 21.06.2019 23:10, SmokeyRN
Kando company incurs a $9 per unit cost for product a, which it currently manufactures and sells for $13.50 per unit. instead of manufacturing and selling this product, the company can purchase product b for $5 per unit and sell it for $12 per unit. if it does so, unit sales would remain unchanged and $5 of the $9 per unit costs assigned to product a would be eliminated. 1. prepare incremental cost analysis. should the company continue to manufacture product a or purchase product b for resale? (round your answers to 2 decimal places.)
Answers: 1
image
Business, 22.06.2019 12:00, bbyniah123
Select the correct answer. martha is a healer, a healthcare provider, and an experienced nurse. she wants to share her daily experiences, as well as her 12 years of work knowledge, with people who may be interested in health and healing. which mode of internet communication can martha use? a. wiki b. email c. message board d. chat e. blog
Answers: 2
image
Business, 22.06.2019 16:20, AnhQNguyen6764
The following information relates to the pina company. date ending inventory price (end-of-year prices) index december 31, 2013 $73,700 100 december 31, 2014 100,092 114 december 31, 2015 107,856 126 december 31, 2016 123,009 131 december 31, 2017 113,288 136 use the dollar-value lifo method to compute the ending inventory for pina company for 2013 through 2017.
Answers: 1
image
Business, 22.06.2019 18:50, saltytaetae
Suppose the government enacts a stimulus program composed of $600 billion of new government spending and $300 billion of tax cuts for an economy currently producing a gdp of $14 comma 000 billion. if all of the new spending occurs in the current year and the government expenditure multiplier is 1.5, the expenditure portion of the stimulus package will add nothing percentage points of extra growth to the economy. (round your response to two decimal places.)
Answers: 3
Do you know the correct answer?
The Senate, the legislature of the fictional country of Romange, is considering legislation that wil...

Questions in other subjects:

Konu
Mathematics, 07.10.2019 22:20