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BAUMOL/BLINDER

CHS. 1-8 SOLUTIONS

 13TH EDITION



CHAPTER 1

WHAT IS ECONOMICS?

DISCUSSION QUESTIONS

1. Think about a way you would construct a model of how your college is governed. Which

officers and administrators would you include and exclude from your model if the

objective were one of the following:

a.To explain how decisions on financial aid are made

b.To explain the quality of the faculty

 Relate this to the map example in the chapter.

 This question is designed to make studen...
BAUMOL/BLINDER CHS. 1-8 SOLUTIONS 13TH EDITION - BAUMOL/BLINDER CHS. 1-8 SOLUTIONS 13TH EDITION (All Answers are Correct)
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BAUMOL/BLINDER

CHS. 1-8 SOLUTIONS

 13TH EDITION



CHAPTER 1

WHAT IS ECONOMICS?

DISCUSSION QUESTIONS

1. Think about a way you would construct a model of how your college is governed. Which

officers and administrators would you include and exclude from your model if the

objective were one of the following:

a.To explain how decisions on financial aid are made

b.To explain the quality of the faculty

 Relate this to the map example in the chapter.

 This question is designed to make studen...