Question
5/27. Refer to the table below: Agency Number of Employees (2015) SOCIAL REGULATION Consumer safety and Health 42,266 . Food and Drug Administration (FDA) .
5/27.
Refer to the table below:
Agency | Number of Employees (2015) |
SOCIAL REGULATION | |
Consumer safety and Health | 42,266 |
. Food and Drug Administration (FDA) | |
. Food Safety and Inspection Service, etc. | |
Homeland Security | 146,109 |
. Transportation Security Administration (TSA) | |
. Customs and Border security | |
. Immigration and Customs, etc. | |
Transportation | 9,282 |
. Federal Aviation Administration (FAA) | |
. Federal Motor Carriers Safety Administration | |
. Federal Railroad Administration, etc. | |
Workplace | 12,589 |
. Occupational safety and Health Administration (OSHA) | |
. Mine Safety and Health Administration | |
. Employment standards Administration, etc. | |
Environment | 27,321 |
. Environmental protection Agency (EPA) | |
. Forest and Rangeland Research | |
. Fish and Wildlife Service, etc | |
ECONOMIC REGULATION | |
General Business | 21,718 |
. Patent and Trademark office | |
. Securities and Exchange Commission (SEC) | |
. Federal Trade Commission (FTC), etc. | |
Finance and Banking | 15,236 |
. Federal Reserve System | |
. Federal Deposit insurance Corporation (FDIC) | |
. Comptroller of the Currency, etc | |
Industry-Specific Regulation | 7,006 |
. Agricultural Marketing Service | |
. Federal Communications (FCC), etc. | |
Total Regulatory Employment: | 281,527 |
If the average U.S. worker produces $75,000 of output per year, what is the annual opportunity cost of the federal regulatory workforce? Instructions: Enter your response rounded to one decimal place. $ billion
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6/27.
Suppose a corporation has two subsidiaries, one of which is unregulated and sells all of its output to the other, regulated subsidiary. Permitted profits at the regulated subsidiary are equal to 10 percent of total costs. The initial profit picture for the subsidiaries is provided in the table below:
Unregulated Subsidiary | Regulated Subsidiary | |
Total revenue | $ 450,000 | N/A |
Total costs | $ 150,000 | $ 1,000,000 |
Total profit | $ 300,000 | $ 100,000 |
If the unregulated subsidiary doubles its selling price to the regulated subsidiary, what are the new profits at Instructions: Enter your responses as a whole number. (a) The unregulated subsidiary? profit = $ (b) The regulated subsidiary? profit = $
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PLEASE ONLY REPLY IF YOU ARE 100% SURE OF THE ANSWER. THANKS
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