Efficiency implies cost-effectiveness

Assignment Help Microeconomics

Reference no: EM13720161

With respect to environmental policy, "efficiency implies cost-effectiveness, but costeffectivenes does not imply efficiency". Explain this:

Reference no: EM13720161

Questions Cloud

Audit sampling methodology : What are possible ways for an account to be misstated? Provide two examples of common types of misstatements that may occur in specific accounts - What issues would the auditor need to be aware of in this situation

Which battery is better based on the cash flows : Battery “A” costs $5000 and lasts 3 years. Maintenance costs will be $300 per year, and there is a one-time disposal cost of $400 at the end of three years. Battery “B” costs $8000 and lasts 5 years. Maintenance costs will be $200 per year, and there..

What is its current stock price : Last dividend was $1.25. The dividend growth rate is expected to be constant at 15% for 3 years, after which dividends are expected to grow at a rate of 6% forever. If the firm's required return (rs) is 10%, what is its current stock price?

Explain the factors used in job pricing : Question 1: Explain the factors used in job pricing. Question 2: What are compensable factors, and how are they applied in determining pay ranges?

Efficiency implies cost-effectiveness : With respect to environmental policy, "efficiency implies cost-effectiveness, but costeffectivenes does not imply efficiency". Explain this:

What is the present value and interest rate : If you deposit $25,000 in an account that pays 9% interest annually, how much will be in your account after 18 years? What is the present value of $40,000 in 8 years if the interest rate is 8% annually? You parents will retire in 20 years. They curre..

Determine the playout delay for a voip connection : Consider the procedure for determining the playout delay for a VoIP connection -

Developments affect the u.s. monetary base : How would each of the following developments affect the U.S. monetary base, money multiplier, andmoney supply? Explain.a. The Federal Open Market Committee decides to purchase $40 billion of mortgage-backed securitiesevery month (like the thir..

What is that yield to call for these bonds : Alex plans to purchase a callable bond Verizon Inc. The bond is 20 year to maturity, Carrie 13.5% annual coupon, paid semi annually, and have a 1000 Park value. The bond is selling now $1287 each. The bond can be called back in seven years at a call ..

User Account

All Pages