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4 Companies located at different points on a river dump many quantities of effluent into it. The effluent adversely affects quality of swimming for homeowners who live downstream. These people can build swimming pools to avoid swimming in the river, and firms can purchase filters that eliminate harmful chemicals in the material that is dumped into the river.
As a policy advisor for a regional planning organization, how would you compare and contrast the following options for dealing with the harmful effect of the effluent:
a.) An equal rate effluent fee on firms located on the river.b.) An equal standard per firm on the level of effluent each firm can dump.c.) A transferable effluent permit system in which the aggregate level of effluent is fixed and all firms receive identical permits.
Discuss why does the value of output always equal the income received through the resources that manufactured the output?
JetSet Travel, has been hugely successful in the distribution of stylish, comfortable shoes for travel. JTI sells its items to approximately 4000 retail accounts in the U.S. and a mix of independent distributors,
One type of toy bears is in China and exported to the United State A toy bear sells for sixteen Yen in China. The exchange rate of Chinese yen and US dollars is $1 = 8 Yen.
ssume under a system of flexible exchange rates a black and white TV rates $150 in the United State and 18,600 yen in Japan. Other things being equal,
Sonora Company expects a three year comparative advantage period. Sonora's free cash flow during these three years are estimated to be $5 million, $7 million, and $9 million.
Based on your reading, which market structure is more applicable for the market for building commercial aircrafts, when there are two major manufacturers of the commercial airplanes and little possibility of entry by new firms:
In the twenty year period 1980-2000 virtually no private jobs were developed in the nations of the European Union as compared to 33 million new private sector jobs in the United States.
Suppose that a country's real growth is 2% a year, while its real deficit is rising 5% per year. Can the country continue to afford such deficit indefinitely?
Determine what jobs are created through free trade and what jobs are lost when countries restrict free trade? Identify the areas in which U.S. applies protectionist policies.
The health care industry desires to get bigger and that its only option is a merger. Now the industry is confronted with the government regulations to oversee merger.
You have the following data concerning the production of wheat and cloth in the U.S. and the U.K.:
Assume Fiat recently entered into an Agreement and Plan of Merger with Case for $4.3 billion. Prior to the merger, market for four wheel drive tractors consisted of 5-company's.
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