Business, 13.09.2019 00:30 reginaakerson230

Suppose that you are president of the student government, and you have to decide how to allocate a $20,000 fund for guest speakers for the year. conan o’brien and will ferrell each cost $10,000 per appearance, stephen colbert costs $20,000 per appearance, and former economic advisers to the government charge $1,000 per lecture. explain the economic problem of choice and scarcity in this case. what issues would you consider in arriving at a decision?

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Suppose that you are president of the student government, and you have to decide how to allocate a $...