Identify the social costs of increased automobile ownership, and then describe two options for restoring the balance between private and public goods. Give specific examples
What will be an ideal response?
For cars, some of the social costs include traffic congestion, gasoline shortages, and air pollution. One option for restoring the balance between private and public goods is to make producers bear the full social costs of their operations. The government could require automobile manufacturers to build cars with more efficient engines and better pollution control systems. Automakers would then raise their prices to cover extra costs. A second option is to make consumers pay the social costs. For example, many cities around the world are starting to charge "congestion tolls" in an effort to reduce traffic congestion; drivers entering high-traffic areas are required to pay a fee. Similarly, the U.S. government has recently proposed a bill that would create rush-hour fees in congested urban areas across the country. If the costs of driving increase enough, the government hopes, consumers will travel at nonpeak times or find alternative transportation modes.
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Advertising and publicity tools play the most important roles in influencing buying decisions at the ________ stage of buyer readiness
A) comprehension B) conviction C) ordering D) reordering E) awareness-building
The loan loss coverage ratio for a bank helps determine the asset quality
Indicate whether the statement is true or false
Which of the following is not true?
a. Owners of preferred stock have a claim on the assets of a firm that is senior to the claim of common shareholders. b. Preferred shares carry special rights. c. The senior status and special rights may induce certain investors to purchase preferred shares of a firm, even though they would be unwilling to purchase common shares of the same firm. d. The senior status and special rights decrease the risks of preferred shareholders relative to common shareholders. e. Jurisdictional laws dictate the rights and obligations of the issuing firm and of the investor in the preferred shares.
The PRAM model for risk management proposes different risk management strategies be deployed at various points in the project life cycle
Indicate whether the statement is true or false