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Assignment:
Recently, the California insurance commissioner proposed a regulation that would reduce the ability of insurers to use geographic location in determining automobile insurance rates. The change would raise the insurance rates of rural and suburban residents, and lower the rates of urban residents. Is such a policy efficient? Is it likely to improve social welfare?
If a high per-bag fee were charged for garbage collection, how would consumers respond? What can cities do to reduce the amount of garbage that goes into landfills?
consider a landscaping service market. here landscaping means mowing weeding and trimming etc i.e. a regular
What price will the firm be able to charge if it produces 20 units and how many units will the firm sell if it charges a price of $70?
Consider two firms out of a competitive industry. They have the following technologies: C1(Y) = y2 + 2y; C2(y) = 1.5y2 + 3y. Show these firms' individual supply functions on a clearly-labelled graph. Construct an aggregate supply function for these ..
Calculate the various measures of inflation for the following data. Assume all price indexes are 100 in Year 1.
It is said that Napoleon assessed probabilities at the Battle of Waterloo in 1815. His hopes for victory depended on keeping the English and Prussian armies.
Charles decides to go to an operabecause he does not want to waste the $100 he spent on the nonrefundable and nontransferable opear ticket, despite the fact that he would prefer to forgo the opera and go to a concert with Bette on the same night.
The Community of Paci?c States (CPS) operates a Taylor rule of interest rates = 5% + A X (output gap) + B X (in?ation - in?ation target) In?ation is determined by a Phillips curve so that in?ation = in?ation target + 0.5 X output gap last year And..
What is unemployment insurance as a legally required benefit? What does it mean that an employer's unemployment insurance tax rate depends on the employer's.
A rancher and a farmer are located next to each other. Here are the facts of their situation: There is no fence between the ranch and the farm The cattle enter the farmer's fields and destroy $300 worth of corn each year. The rancher's business is w..
suppose that the demand for microeconomics textbooks at gsu is given byqd 10000 - 25pand that the supply of
What will the market supply curve look like? Explain your answer.b) If the market demand for corn is ????=2-120000????, what are the short run equilibrium price and quantity of corn sold in a competitive market? Show your work and illustrate this equ..
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