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Question: Markets fail when allocative efficiency is not achieved when factory emits toxic smoke,a negative externally is created.why do economists justify a tax to penalize the factory in this case?
What good and/or service does the company produce? How much does it produce? Why is the company a monopoly? How does the company determine the price and quantity of its outputs?
Fixed Overhead and Practical Capacity The expected activity of the paper-making plant of Conroy Paper Company was 58,400 machine hours per month.
How would the current GDP and GDP per capita of Syria compare to the GDP and GDP per capita of Syria before the Syrian civil war broke out? Explain why (in terms of the model presented in the chapter. What could other countries do to help Syria's..
An individual who makes $32,000 per year anticipates retiring in 30 years. If his salary is increased by $600 each year and he deposits 10% of his yearly salary
Do you think that Wal-Mart.com is likely to create additional value"? Should Wal-Mart have pursued e-commerce more aggressively sooner?
What are the profit-maximizing price and quantity? What will be the profits at these price and output levels?
Describe how an increase in the job breakup rate affects equilibrium employment and the wage in the Shapiro-Stieglitz model.
competitive advantage implies the creation of a system that has a unique advantage over competitors. with the advent of
a firm has the opportunity to invest in a project having an initial outlay of 20000. net cash inflows before
general instructions the modeling project for this course is intended to give you hands on experience to construct an
Construction workers frequently sponsor political lobbying in support of greater public spending on highways and public buildings and A third degree price discrimination can be applied to which of the following market structures?
The market for corn is currently in market equilibrium. Graph this situation. On your graph show what happens to the quantity of corn and the price in the market as the use of ethanol fuels becomes more widespread at the same time that a drought d..
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