subject
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.

ansver
Answers: 3

Other questions on the subject: Business

image
Business, 21.06.2019 16:10, 2xLaFlare
Computing depreciation, net book value, and gain or loss on asset sale lynch company owns and operates a delivery van that originally cost $46,400. lynch has recorded straight-line depreciation on the van for four years, calculated assuming a $5,000 expected salvage value at the end of its estimated six-year useful life. depreciation was last recorded at the end of the fourth year, at which time lynch disposes of this van. compute the net bookvalue of the van on the disposal date.
Answers: 1
image
Business, 22.06.2019 20:40, bbygrill
Robert owns a life insurance policy that he purchased when he first graduated college. it has a $100,000 death benefit and robert pays premiums for it every month out of his checking account. the insurance robert has is most likely da. permanent life insurance o b. term life insurance o c. group life insurance o d. individual life insurance
Answers: 1
image
Business, 22.06.2019 20:50, xXwolfieplayzXx
Stormie zanzibar owns a bakery in the fictitious country of olombia. each month the government’s market ministry mails her a large list of the regulated price of goods which include products like bread, muffins and flat bread. the list also dictates the types of goods she can sell at the bakery and what she is to charge. because of the regulations placed on these goods, stormie has increased her production of sweets, pies, cakes, croissants and buns and decreased her supply of breads, muffins and flat bread. she has taken these steps because the sweet goods’ prices are not government controlled. stormie zanzibar lives under what type of economy?
Answers: 3
image
Business, 22.06.2019 21:20, emfranco1
Which of the following best explains why buying a house is more beneficial than renting? a. buying is a personal investment while renting involves giving money to the landlord. b. the monthly payments on a mortgage are generally lower than rent on an apartment. c. it's easier to sell a house than it is to get a landlord to break a rental agreement. d. housing prices can go up and down quickly in comparison to the level of rents.
Answers: 1
You know the right answer?
The Senate, the legislature of the fictional country of Romange, is considering legislation that wil...

Questions in other subjects:

Konu
Mathematics, 03.07.2019 18:00
Konu
Mathematics, 03.07.2019 18:00
Konu
Mathematics, 03.07.2019 18:00