Adm 614 Topic 1 Discussion 1, The Economic Perspective
ADM 614 Topic 1 Discussion Question 1, The Economic Perspective
The economic way of thinking requires administrators to incorporate eight principles. One of the principles relates to “tradeoffs” and another principle relates to “opportunity costs” for scarce resources. Describe how public administrators must make trade-offs by assessing opportunity costs relating to scarce resources.
Institution & Term/Date | |
Term/Date | Grand Canyon |
-
$5.00