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Question: 1. Consider a pollution problem involving a paper mill located on a river and a commercial salmon fishery operating on the same river. The fishery can operate at one of two locations: upstream (above the mill) or downstream (in the polluted part of the river). Pollution lowers profits for the fishery: without pollution, profits are $300 upstream and $500 downstream; with pollution, profits are $200 upstream and $100 downstream. The mill earns $500 in profit, and the technology exists for it to build a treatment plant at the site that completely eliminates the pollution, but at a cost of $200. There are two possible assignments of property rights: (i) the fishery has the right to a clean river and (ii) the mill has the right to pollute the river.
(a) What is the efficient outcome (the maximum of total joint profit)? Specifically, where does the fishery locate and does the mill build a treatment plant or not?
(b) What are the outcomes under the two different property rights regimes when there is no possibility of bargaining? What are the profits of the fishery and mill in each case?
(c) How does your answer to (b) change when the two firms can bargain costlessly
Outline the major research challenges of data mining in one specific application domain, such as stream/sensor data analysis, spatiotemporal data analysis, or bioinformatics.
How does the hacker point of view concerning electronic access to information differ from the law and from your point of view concerning access to information?
In this unit, you have reviewed the components that form the infrastructure of your network. Discuss at least three devices and the network media that is used within your home network or you organization's network. Explain in detail!
A huge number of dissidents can camp for quite a long time in a city like New York, yet a hundred or so nonconformist's camp in Melbourne's City Square and ruler leader Robert Doyle brings in the uproar squad and security inside of a week. They might..
Use a JFrame or JApplet as the primary interface. Extend whatever Swing elements .you need to create the animationUse at least one interface to handle events
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Explain why enhanced competitive pressures from airline deregulation an airport privatization coupled with increased demands for a more sustainable
Write a program that reads in two floating-point numbers and tests whether they are the same up to two decimal places. here are two sample runs.
You want to test this claim. You find a random sample of 34 cardholders has a mean credit card balance of $5,292 and a standard deviation of $575.
How do the results compare to each other if you run the test several times?
Use the isPrime function that you wrote in Programming Challenge 21 in a program that stores a list of all the prime numbers from 1 through 100 in a file.
Write a program that asks for a student's name and number of courses he is taking. Using a loop, ask for the name of each of the courses.
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