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Choose one of the approaches listed below on protecting elephants from poachers in African countries.
A. The government sets up enormous national parks that have sufficient habitat for elephants to thrive and forbids all local people to enter the parks or to injure either the elephants or their habitat in any way.
B. The government sets up national parks and designates ten villages around the park's edges as official tourist centers that become places where tourists can stay and bases for guided tours inside the national park.
2. Depending on the approach chosen (A or B), explain how the incentives will affect the local villagers, who are often very poor.
3. Which approach (A or B) seems more likely to help the elephant population?
4. Discuss the practice of poaching elephants and the need for environmental protection?
5. Explain how the practice of poaching elephants is a negative externality?
What does the labor market look like during a recession? Supply and demand of labor. How does supply of workers change and demand of workers by firms?
Provide a detailed description of how the cultural beliefs and values of American society have influenced health care delivery in America. How have Christian beliefs and values helped shape the health care delivery system?
You buy a discount bond for $925. It has a face value of $1000. You hold the bond to maturity. What is the rate of return on the discount bond when it matures?
Question 1: Expected Value Cost of AML to individuals living in the county
Now suppose that w > 0. What additional types of strategic effects have been introduced into the game? In a reaction function diagram show the different strategic effects of advertising and describe the final equilibrium.
Use the Law of Demand to explain why all consumers must receive a surplus whenever they purchase more than one unit of a product
It is also found that 15% of all customers both ask for assistance and make a purchase. What is the probability that a customer does at least one of these two t
Consider a Cournot duopoly with the inverse demand P = 260 - 2Q. Firms 1 and 2 compete by simultaneously choosing their quantities. Both firms have constant marginal and average cost M C = AC = 20. Find each firm’s best response function.Find the Cou..
Technological innovation and or improvement is very critical to business growth and competitiveness. Given the four main types of market structures discussed, under which market structure is technological improvement most critical?
Success of a company investing and operating in a foreign country depends on the competitive advantage of the company. The entry strategy could be technology based, quality based, or cost based. Explain and comment.
Write a program in Python that reads in investment amount, annual interest rate, and number of years, and displays the future investment value using the following formula:
The cost functions of a competitive firm are: TC = 40 + 2.5Q2. The marginal cost function is MC = 5Q. There are currently 200 identical firms in the industry. The demand function is P = 16000/Q. Find the market equilibrium price and quantity. Explain..
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