Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Suppose we are examining a project with calculated marginal private benefits of $(100−2q) and marginal private costs of $(10 + 4q), where q represents the amount of a resource to be extracted or produced. There are also external costs of $6 added for each unit of q extracted (i.e., there’s a constant marginal external cost). Assume that we are dealing with a static “world” here.
(a) If this resource is allocated via a market that does not take external costs into account, find the amount of q that will be produced and the resulting market price. Then find the efficient amount of q. Is the market price “too high” or “too low?”
(b) Determine the value of the loss in efficiency due to the misallocation via the market. Hint: this is analogous to calculating differences in total surplus in a supply and demand framework.
q.a company is considering buying a new machine. two different models are available on the market.marr is 10.data
If public opinion surveys show that the majority of Americans regard inflation as a more serious threat than unemployment: Does this imply that the majority of Americans would rather be unemployed in a period of stable prices than employed in a time ..
Given the experience of the last several years, Elucidate how has the valuation of dot.com changed.
Suppose the economy were operating at full employment and firms become increasingly optimistic about the future. They increase their investment spending; graphically, that means that their investment schedule shifts to the right. (Draw a graph to exp..
Suppose USA has 2,400 units of labor available. It can produce two goods, apple and bananas. The unit labor requirement in the apple production is 3, while in banana production, it is 2. Suppose Canada has a labor force of 800. Graph Canada's product..
According to Malthus’s view, which of the following is a consequence of increased population? Which of the following happens when a person buys shares in a mutual fund? Which of the two bonds in each example would you expect to pay the higher interes..
The first cost of a production machine is $75,000. The machine will generate net annual income of $13,275 during its useful life of 10 years. Determine the rate of return of on investment in this machine. Express the answer as an integer. For example..
Why is there a relationship between personal disposable income and consumers expenditure?
The market for soda has supply and demand curves given by, What is the equilibrium price and quantity for sodas? Returning to question 1, suppose the government put a tax on soda of $0.50 per can to be paid by consumers. Graph the before and after ta..
A precise statement of the rationale for a business and a step-by-step explanation of how it will achieve its goals is a A. Mission statement. B. Corporate charter. C. Business plan. D. Corporate statement.
Suppose that in a year an American worker can produce 100 shirts or 20 computers and a Chinese worker can produce 100 shirts or 10 computers. Explain at what price of computers (in terms of shirts) the two countries might trade.
Use Minitab to simulate taking a random sample of 200 male Angus beef cattle (N(1156,84)). How many of the values do you expect to be less than 1072 or greater than 1240? Why do you expect this number? How many of your values are actually in those in..
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd