Tony's tacos is a nationwide fast-food chain. decision power resides at the top of the organization. each job is documented in minute detail. the firm has many levels of supervision, including vice presidents and regional managers. tony's headquarters provides detailed instructions to each of its franchisees so that they provide comparable quality and service across the board. based on this scenario, which of the following is an accurate statement about tony's? a. tony's has a low degree of specialization and formalization, a high degree of centralization, and relies on a flat hierarchy. b. tony's has a high degree of specialization and formalization, a low degree of centralization, and relies on a tall hierarchy. c. tony's has a low degree of specialization, formalization, and centralization and relies on a flat hierarchy. d. tony's has a high degree of specialization, formalization, and centralization and relies on a tall hierarchy.

Suppose the marginal damage and marginal benefit curves in a polluted neighborhood are md = p/3 and mb = 4 – p. also, suppose that transactions costs are low, so that the consumers and the firm can bargain. we saw that in this case, the socially-optimal level of pollution is achieved. start by computing the socially-optimal p. then, for each of the following cases, compute the amount of money transferred through the bargaining process, and indicate who pays whom (i.e., whether consumers pay the firm, or vice versa). also, compute the gains to each party relative to the status quo (i.e., the starting point of the bargaining process).a)consumers have the right to clean air; firm is dominant in the bargaining process.b)consumers have the right to clean air; consumers are dominant in the bargaining process.c)firm has the right to pollute; firm is dominant in the bargaining process.d)firm has the right to pollute; consumers are dominant in the bargaining proces

Why has the free enterprise system been modified to include some government intervention?

What would not cause duff beer’s production possibilities curve to expand in the short run? a. improved manufacturing technology b. additional resources c. increased demand