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a. Consider a competitive market supple and demand model. If there are no externalities, explain why economists describe the competitive equilibrium an efficient?
b. Suppose instead that all of the firms in this market vent an ozone reducing chemical into the atmosphere as a consequence of their production activities. Is this new outcome efficient? explain with a diagram
c. Do these firms have an incentive to reduce their pollution? Explain with diagram.
d. Modern economists suggest 2 solutions to the pollution problem above. Explain how a pollution tax (use diagram) and an emission permit trading scheme can both "solve" the problem of pollution.
Explain why is a risk analysis so important. In your opinion, which among the factors of the risk analysis carry more weight than others?
Illustrate average monthly rent for a three-bedroom apartment in Miami. Qd is measured in units of 1,000 square feet per month.
Express the effects of government economic policies which could have on the sales of the Escalade
Suppose Corporation X deposits $80,000.00 in cash in commercial bank Y. If no excess reserves exist at the time this deposit is made and the reserve ratio is 30%,
Illustratr what is there is an increase in the supply of money.
The growth rate of population in Country A is greater than in Country B. According to the Solow model, which country should have a higher growth rate of output per worker?
Determine which of the following is not a major component of the Federal Reserve System? Kudrow stock just paid a dividend of $4.76 a share and plans to pay a dividend of $5 a share next year, which is expected to increase three 3% per year subsequen..
Exclude the appealing logic of the Coase theorem, private actors often fail to resolve on their own the problems caused by externalities.
Elucidate one or more of the criteria which you believe should be improved at your place of employment.
As the number receiving the bonus vary from year to year due to the state of the economy.
Suppose that Demand and Supply curves for coffee bean is given by-What value of t maximizes Government's tax revenue?
Base on your research; Discuss the identified risks and the tools that organizations could use to mitigate these risks.
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