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Using local knowledge, newspapers, sources such as council publications etc, write a short report outlining a resource allocation decision made by the local authority resulting from the basic economic problem
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| Submitted: Sun Dec 15 2002
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14th September 02 Opportunity Cost Investigation: Using local knowledge, newspapers, sources such as council publications etc, write a short report outlining a resource allocation decision made by the local authority resulting from the basic economic problem. This report should include the background to the decision, a production possibility frontier to show the consequences of the decision, and an evaluation of effects of the decision on the local community. I have decided to investigate, the resource allocation decisions made by my local church, which have recently invested in demolishing an old church hall, and building a car park/football pitch. I spoke to several PCC (Parish County Council) members of the church, also the vicar, several churchgoers, and a member of the local community. All of these will help me in my investigation on the local church. The church received a legacy of one hundred thousand pounds. The church wanted to spend this money on something worthwhile....
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