A careful study has determined that bus transit has an external benefit for society valued at $2 per bus ride as a result of the reductions in urban congestion and air emissions that result. Consider the current demand for and supply of bus transit, which in this locale is provided by a number of firms in a competitive marketplace and which currently do not account for the $2 per-ride external benefit.

Using the line drawing tool, draw a new curve that accurately takes into account the external benefit, thereby indicating a socially efficient allocation of resources. Properly label you line. Carefully follow the instructions above, and only draw the required objects. To reach the optimal level of production shown in your graph, the government should:

a. start to produce the good
b. pay a subsidy to either the producers or riders
c. tax those receiving the extra benefit
d. do nothing

Brandon, a manager at fairpro technologies corp., is required to provide individual performance feedback to his subordinates. in this scenario, the communication between brandon and his subordinates is at a(n) level

Who is better at multi-tasking? in business, employees are often asked to perform a complex task when their atten-tion is divided (i.e., multi-tasking). human factors (may 2014) published a study designed to determine whether video game players are better than non–video game play-ers at multi-tasking. each in a sample of 60 college stu-dents was classified as a video game player or a non-player. participants entered a street crossing simulator and were asked to cross a busy street at an unsigned intersec-tion. the simulator was designed to have cars traveling at various high rates of speed in both directions. during the crossing, the students also performed a memory task as a distraction. two variables were measured for each student: (1) a street crossing performance score (measured out of 100 points) and (2) a memory task score (measured out of 20 points). the researchers found no differences in either the street crossing performance or memory task score of video game players and non-gamers. “these results,” say the researchers, “suggest that action video game players [and non-gamers] are equally susceptible to the costs of dividing attention in a complex task”

If the economy were in the contracting phase of the business cycle, how might that affect your ability to find work?