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: Firm A produces cement sifters. The process includes the m

Paper help Economics : Firm A produces cement sifters. The process includes the m

Economics

: Firm A produces cement sifters. The process includes the m

: Firm A produces cement sifters. The process includes the melting of metals and chemica… Show more Situation 1: Firm A produces cement sifters. The process includes the melting of metals and chemicals which give the sifters strength. In the production process, waste is produced and released into the river that runs alongside of the plant. Situation 2: Some states allow students to attend certain universities within the state tuition free if they are a resident of that state. As a result of this policy, the state%u2019s population is more educated and more productive in the workplace than many other states. Situation 3: You live in a small subdivision with several residents. The subdivision has one short dirt road that provides access to all the homes. Bob, one of the residents of the subdivision, just inherited a large sum of money and decides to have the road in the subdivision paved. After the paving, Bob asked the other residents to pay their fair share of the costs for the paving, but they all refused. Situation 4: The President of the United States has determined that the cost associated with national defense has become too expensive. In an effort to reduce costs and balance the budget, the President has asked the public to voluntarily pay for their fair share of the costs associated with national defense. One of his advisors insists that this would not work, another advisor thinks it%u2019s good policy. Which advisor is correct? • Show less

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