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An industrial chemical plant produces hazardous by-products. The own or private marginal cost function (supply,r function) of this chemical producer can be represented as PMC = 5,000 + 0.250. Given that the hazardous by-products costs imposed on other members of the same economy, the social marginal cost function is SMC = 10,000 + 0.250. The demand or marginal bene?t function from the industrial chemical can be represented as MB = 30,000 -o.250. Use both marginal costs and marginal benefit functions to answer the following questions. i.)What will be the equilibrium prices and quantities under a pure market allocation{that is, the industrial chemical producer does not recognize the costs imposed on other market agents)?
How much are you willing to pay for one share of this stock is you want to earn a 15% annual return?
In 1991, the Barenaked ladies released their hit song"if i had a million dollars." how much money would the group need in 2015 to have the same amount
Graph the following labor supply curves: The substitution effect dominates the income effect until the wage reaches $200, after which the income effect dominates. The income and substitution effects do not affect the worker’s decision. She wants to w..
(1) Calculate net present value (NPV) and internal rate of return (IRR) for each of the projects.
q1. exchange-rate adjustments please respond to the followingapply the marshall-lerner condition of the elasticity
You have $15, 345.36 in your savings account that has been paying at 6% compounded continuously. If you opened the account 10 years ago and made no deposits during any other years, how much was your original deposit?
Expound on the optimality of usage of inputs and how it does not necessarily attain profit maximum in use of inputs.
You need to hire some new employees to staff your start up venture. You know that potential employees are distributed throughout
Explain what would happen to the earnings of the typical economics professor if there was a sudden increase in the demand for private-sector economists.
Explain the main differences between the three main nominal anchor choices presented in Chapter3: i) Exchange Rate Target; ii) Money supply target; and iii) Inflation target plus interest rate policy. Use equations to support your answer and do not f..
Draw a production possibility frontier with corn on the horizontal axis and poultry on the vertical axis illustrating these options, showing points 1-7.
marginal rate substitution kim enjoys eating muffins and cones.the following graph display one of kims indifference
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