Sandy, gale, and marylou are on the board of directors for an area non-profit organization. at a recent meeting, guest david delivered a rousing speech on how group leadership is often too complex and that non-profits could often be better served by a ceo and no board of directors. sandy emphatically disagreed with david stating that not having the board could open the organization up to massive levels of corruption. gale agreed with david and feels that maybe the organization might do better if only one of the ladies were in charge, mainly herself. marylou chose not to comment on the matter, thus leading sandy to assume that she agreed with her. it could be said that sandy and gale are suffering from

Alocal club is selling christmas trees and deciding how many to stock for the month of december. if demand is normally distributed with a mean of 100 and standard deviation of 20, trees have no salvage value at the end of the month, trees cost $20, and trees sell for $50 what is the service level?

4. suppose that pollution in a neighborhood comes from two factories, with marginal benefit curves given by mb1 = 12 – p1 and mb2 = 8 – p2. the level of pollution in the neighborhood is given by p = p1 + p2. the government wants to limit pollution by instituting a pollution-rights market. the government’s desired level of p is 10, so it prints 10 pollution rights and offers them for sale to the firms. a)find the equilibrium selling price of a pollution right, as well as the allocation of rights (and hence pollution levels) across the two factories. b)repeat part (a) for the case where the government’s desired level of pollution equals 14. c)comment on the usefulness of a pollution rights market in achieving efficient levels of pollution abatement.

4. the condition requires that only one of the selected criteria be true for a record to be displayed.