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Author Question: An economist has estimated that the maintenance of a public park costs 25 000 a year and that the ... (Read 86 times)

NguyenJ

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Question 1

Why can stock options be considered performance related pay?

Question 2

An economist has estimated that the maintenance of a public park costs £25 000 a year and that the public park generates £30 000 a year in revenue for merchants near the park. From society's point of view, the maintenance of this park is
◦ inefficient because the additional revenues generated by the park are so low.
◦ inefficient, because everyone in the community pays taxes to support the park, but only the merchants near the park benefit.
◦ potentially efficient because the value of the gains exceed the value of the losses.
◦ potentially efficient because no one would be made worse off as a result of maintaining the park.


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Marked as best answer by NguyenJ on May 25, 2020

vickyvicksss

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NguyenJ

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Reply 2 on: May 25, 2020
:D TYSM


sultana.d

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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