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The internet and online social media in particular are giving people unprecedented ability to express their views and share information with others. On the other hand the truth of what people say online and the sheer volume of information are hard for most people to handle. In Germany the government has introduced the Net Enforcement Law which prohibits certain kinds of online speech (e.g. incitement to hatred). Social media firms have 24 hours to check and remove suspect posts reported by users or face huge fines. Use the theories of market failure and government intervention to explain the reasons for Germany's new law. Critically discuss potential problems with this intervention.
Question - In no less than 150 words Describe the characteristics of perfect competition
South Pacific can institute reforms with respect to Government Trading Enterprises for maximum gains to both productive and allocative efficiency.
assume the marginal product of labor is mpl 20 and the marginal product of capital is mpk 50. in addition the price
Firm A currently monopolizes its market and earns profits of $10M.Firm B is a potential entrant that is thinking about entering the market.If B does not enter the market,
Why do you think the Japanese government permitted the to become so overvalued in the first half of the 1990s? Do you think they could have done anything.
Identify and detail three costs and benefits of labor migration. migration decision .
As a team, you have been asked to assist your organization's marketing department to better understand how consumers make economic decisions. The role asymmetric information has in many economic transactions.
Suppose the market demand for good x is given by the equation Qd= 1000-20P, and the market supply is given by the equation Qs= 500+30P, find the equilibrium price of good x.
What's the difference between MU and MU/P? If the MU/P of pizza is greater than the MU/P of popcorn, what should the consumer do to maximize utility?
Find the average daily sales during the first 20 days of the campaign-that is, from x = 0 to x = 20.
Explain what is meant by fractional reserve banking
What are some of the challenges in bringing effective end-of-life care to those in need in the U.S. and in other countries?
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