The U. S. Constitution stipulates that Electors will vote for the office of President and Vice President, what we commonly refer to as the Electoral College. Two times in the 21st century the candidate with the most popular votes across the United States has not won the most votes in the Electoral College, hence losing the election. Some activists and scholars are arguing that a democratic system of government requires that majority rules; therefore, the candidate for President who receives the most popular votes should win the election. Further, there is a proposal to bypass the Electoral College without having to amend the Constitution (which is basically impossible).Compare the way in which we elect Presidents in our current system to the proposal of the National Popular Vote movement. Which method is superior?

Consider the following scenarios. use what you have learned to decide if the goods and services being provided are individual, public, or merit goods. for each case, state what kind of good has been described and explain your answer using the definitions of individual, public, and merit goods. (6 points each) 1. from your window, you can see a city block that's on fire. you watch city firefighters rescue people and battle the flames to save the buildings. 2. while visiting relatives, you learn that your cousins attend a nearby elementary school that is supported financially by local property tax revenue. 3. you see a squadron of military jets flying overhead. 4. you find out that your aunt works for a defense manufacturing company that has several defense contracts with the government. she tells you that she works for a team that is producing a communications satellite. 5. your class visits a local jail run by a private, profit-making company that detains county criminals and is paid with tax revenue.

Why do you think the compensation plans differ at the two firms? in particular, why do you think kaufmann’s pays commissions to salespeople, while parkleigh does not? why does parkleigh offer employees discounts on purchases, while kaufmann’s does not?

Which of the following is a competitive benefit experienced by the first mover firm in an industry? a. the first mover will be able to achieve a less steep learning curve. b. the first mover will be able to reduce the switching costs. c. the first mover will not have to patent its products or technology. d. the first mover will be able to reduce costs through economies of scale.