1. One often hears the statement, "Government should operate like a business." Businesses focus on profit maximizing behavior and reasonably only consider the costs (costs) and benefits (revenues) to the business in the context of private decision making. In terms of evaluating public projects and their costs and benefits would such a decision process provide an appropriate basis for making economically efficient decisions? Explain the basis for your answer. In your explanation discuss what types of factors/issues might be important to government that would not matter to a business?