The pool costs $400,000 with 2 lanes. Each additional lane would cost $300,000. The city Park &
Question:
The pool costs $400,000 with 2 lanes. Each additional lane would cost $300,000. The city Park & Recreation Board is a bureaucracy that overview the center construction. The Board are the slack maximizer. Use this to answer the following 2 questions.
(provide sufficient detail explanation in word format , not in hand-writing)
12. According to the Niskanen's model of slack maximization, the Board will propose
a. to build the center with no swimming pool
b. the swimming pool with 2 lanes
c. the swimming pool with 3 lanes
d. the swimming pool with 4 lanes
13. According to the Niskanen’s model of slack maximization, the Board will request what budget for the pool?
a. $1,000,000 b. $1,200,000 c. $1,800,000 d. $2,200,000
Governmental and Nonprofit Accounting
ISBN: 978-0132751261
10th edition
Authors: Robert Freeman, Craig Shoulders, Gregory Allison, Robert Smi