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Question: a. Why does internalizing externalities with taxes or subsidies sometimes increase the prices of goods and sometimes decrease them?
b. When would workers in an industry benefit from internalizing its externalities?
1. List and briefly explain three factors in Table 10.5 that make you, or would make you, happy at work. You may include factors that are important to you that are not listed in the table. TABLE 10.5 Factors that make software engineers happy at w..
there are many dairy farmers in the world and also many starbucks coffeehouses. why does a starbucks coffeehouse face a
What is your price elasticity of demand for gasoline and why? How important is fuel efficiency to you (particularly if you have purchased a car in the past three or four years)? Do your driving habits change as the price of gasoline changes?
Do you agree or disagree: A price setter company (like a monopoly or an oligopoly) can earn greater profits by charging one price than by practicing price discrimination. Support your answer. Give example of how they do this.
Elucidate action did the FOMC take, if any, as per the level of the fed funds rate. Why did it make this choice
Suppose the demand curve for a monopolist is QD=500-P and the marginal revenue function as MR=500- 2Q The monopolist has a constant marginal and average total cost of $50 per unit a. find the monopolist's profit-maximizing output and prices. b) calcu..
Total spending in the economy is equal to consumption plus investment plus government spending plus net exports. If household want to save and thus do not use all their income for consumption, what will happen to total spending
There are three individuals in a community that is deciding whether to unveil a statue of Elvis. Individual 1 would receive a net benefit of 25 if the statue were unveiled. Individual 2's netbenefit would also be positive and would be 20.
Farmers whose crops were destroyed by the floods were much worseoff, but farmers whose crops were not destroyed benefited from thefloods, why?
Looking to raise profitability in perfectly competitive marketplace. How to efficiently plan production?
How do companies keep mobile data secure for customers? How do companies use technology to create competitive advantage?
a) In the long run, the entry of competitors in the form of either new firms or new products continues until? b) A firm will discontinue a product if the discounted present value of profits that it expects from that product is less than?
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