Author Question: Society's demand curve for a public good: a. is given by the horizontal summation of individual ... (Read 74 times)

storky111 · **on:** Jul 1, 2018

Society's demand curve for a public good:
a. is given by the horizontal summation of individual demand curves.
b. is given by the vertical summation of individual demand curves.
c. cannot be derived from individual demand curves due to the nature of a public good.
d. is given by the average citizen's individual demand curve.

Question 2

As a result of moving more decision making from the center toward the periphery of the organization, typically
a. the flow of information to the decision maker that is relevant to the decision should be enhanced
b. the flow of information from the decision maker that is relevant to the decision should be enhanced
c. the incentives to make good decisions should be strengthened
d. the procedures for the flow of information that is relevant to the decision can be relaxed