Before the rise of affordable automobiles and subways, many people used trolleys—small trains on rails that ran along ordinary streets—to get around in urban areas. On trolleys, there is a literal "free rider problem": Since the trains were right next to sidewalks, and since trolleys were wide open and never had doors, people could hop on and off very easily. How much money will a trolley lose if it is easy to ride for free? If "free riders" are a big problem, what will happen to the supply of trolley rides? What are a few things the trolley industry could do to solve the problem of free riders?

You are at a holiday dinner with your family. your relative makes the argument that the u. s. economy is resurgent and has recovered from the great recession of 2007 – 2009. economic growth, as measured by gdp, has been increasing from one quarter to the next. you beg to differ. how would you structure your argument with your relative? hint: you should think about two things, the accuracy of gdp measures, and whether gdp should be considered a comprehensive measure of a countries well-being.

Case in point 2.4 attaway airlines, part two back at attaway airlines, the morning meeting ended with no agreement between dan esposito and molly kinnon. in fact, a new issue arose. molly now says that the new accounting system is entitled to the highest priority because the federal government soon will require the reporting of certain types of company-paid health insurance premiums. because the current system will not handle this report, she insists that the entire accounting system is a nondiscretionary project. as you might expect, dan is upset. can part of a project be nondiscretionary? what issues need to be discussed? the committee meets again tomorrow, and the members will look to you, as the it director, for guidance.

The larger the investment you make, the easier it will be to: get money from other sources. guarantee cash flow. buy insurance. streamline your products.