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1. In what ways can developed nations best contribute to the alleviation of global and domestic environmental problems? Be specific.
2. Explain the difference between purely private and public goods and how it applies to environmental problems faced by developing countries. What are the implications of the free-rider problem for allocation of a public good?
cars arrive at carlas muffler shop for repair work at an average of 3 per hour following an exponential distribution.a
Dell sells its computer for $2000=14000 Yuan in China. If the Yuan/dollar exchange rate goes up 10% (dollar value increase 10%), what will happen to the price of the computer in Yuan How about the demand
What are the potential disadvantages of FDI?
Consider a 2 good exchange economy with 2 consumers. Consumer A'spreference is u(x1,x2) = lnx1 + ln x2. B's preference is represented by U(x1,x2) = 2 ln(x1) + ln (x2). Suppose the initial endowments are (5,7) for A and (10,8) for B.
A monopolist has two types of customers. There are 100 of Type A, who will each pay up to $10 for a single unit of the good, and 50 of Type B, who will each pay up to either $8. Neither is willing to purchase additional units at any price. If it m..
If Robinson cannot trade with the rest of the world, how will he choose to allocate his labor?What will the optimal levels of F and C be? What will his utility be? What will be the RPT (of fish for coconuts)?
Suppose that last year, the nominal exchange rate between the Japanese yen and the British pound was ¥225.0 per £1.0, one unit of Japanese output cost ¥2000, and one unit of British output cost £8.0. What was the real exchange rate between the U.K.
in the spring 2008, Senators John McCain and Hillary Clinton proposed a temporary elimination of the federal gasoline tax, effective only during summer of 2008, in order to help consumers deal with high gasoline price. what does this fact suggest ..
A random sample of 25 employees of a local company has been measured. A 95% confidence interval estimate for the mean systolic blood pressure for all company employees is 123 to 139. Which statements is valid.
Period company return market index return, Determine the company and the market index and show the calculations.
Consider a standard Cournot oligopoly with n ≥ 2 identical firms, an inverse demand function P(X) = a - bX, and cost function C(x) = K + cx if x > 0, and 0 if x = 0, meaning K is a fixed cost.
Suppose this firm could predict next week's price but could not influence that price. What strategy would maximize expected profits in this case? What would expected profits be?
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