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1.) What is the origin of both consumer surplus and producer surplus? How do properly functioning markets maximize consumer and producer surplus while optimally allocating resources?
2.) How do positive and negative externalities lead to under- and over-allocations of resources?
Why was/were the firm(s) investigated for antitrust behavior?
In the US, stock dividends: tend to change in direct proportion to changes in earnings. have steadily declined in nominal terms over the years. tend to decrease in amount just as frequently as they increase. are concentrated in a few mature firms. ha..
Suppose the equation for the demand curve for some product (X) is P = 8 - .6Q and the supply curve is P = 2 + .4Q. Graph the curves and label the area of the graph which represents the tax collection as TC and the area representing the deadweight los..
A production possibilities frontier can shift outward for all of the following reasons except. The increased labor force participation of married women in the United States is most often explained by: A movement along a demand curve can be attributed..
2) We analyzed the collision counts of the hubs. Can you analyze the collision count of the"switch"? Explain your answer.
The Occupational Safety and Health Administration (OSHA) promulgates safety and health standards. These standards typically apply to machinery (capital), which is required to be equipped with guards, shields, and the like. Analyze the possible employ..
Assume the current market price of candles is such that there is a surplus.
You make a series of quarterly deposits every quarter starting at the end Quarter 1 and ending at the end of Quarter 30. The first deposit is $2,000, and each deposit increases by $100 each Quarter. The nominal annual interest rate is 8%, and is comp..
From California to New York, legislative bodies across the United States are considering eliminating or reducing the surcharges that banks impose on noncustomers, who make $14 million in withdrawals from other banks’ ATM machines. What would be the f..
You are to select a recent (three months of age or less) news article and write a post that relates the contents of the article to concepts from Chapter 4 and analyzes the article using an economic perspective.
A property is sold for $530,000 with selling costs of 7% of the sales price. The mortgage balance at the time of sale is $150,000. The property was purchased 5 years ago for $385,000. A) What is the adjusted basis for this property? B) What is the ta..
Why is U.S. Government spending crucial to the creation of higher "new equilibrium levels"? Is this good for the macro-economy? Explain why or why not.
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