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1. Research how externalities impacted the development of communication infrastructure- both positively and negatively?
2 Discusses a positive example of externality associated with the development of communication infrastructure and Explain why?
3 Discusses a negative example of externality associated with the development of communication infrastructure Explain why?
4 Discusses how externalities relate to the willingness to pay (WTP) analysis and demonstrates solid ability to accomplish the assignment
While sitting in your office one evening, you start to think about some of the key microeconomic messages you wish to communicate to the Board.
Consider the following demand schedule. Does it apply to the perfectly competitive firm? Calculate marginal and average revenue.
Explain what the Durbin-Watson statistic from regression indicates and Plot the residuals against time and comment on whether there is a seasonal pattern.
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Write down the some real-life examples of monopolistically competitive, oligopoly, and monopoly markets.
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A driver wishes to buy gasoline and have her car washed. She finds that the wash costs $3.00 when she buys 19 gallons at $1.00 each, but that if she buys 20 gallons, the car wash is free. Thus the marginal cost of the twentieth gallon of gas is:
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Discuss on relationships between production and cost, highlighting the equivalence between diminishing marginal productivity and increasing marginal costs.
During the debate over NAFTA, opponents argue that given the relative size of the two economies, the income gains resulting from the agreement would be smaller for the United States than for Mexico.
Someone say that capitalism is designed to create the rich richer and poor poorer. Enron raised benefits from 96 to 99 for yearly report purposes,
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