Explain light of theory of supply and demand for regulation

Assignment Help Microeconomics
Reference no: EM13186491

Environmental Protection Agency (EPA) regulations tend to go through many stages of review and approval before they are implemented. Not only do many regulators have to approve a new regulation, but comments and reviews from industry and conservation organizations are typical. Explain these complicated procedures in light of the theories of supply and demand for regulation.

Reference no: EM13186491

Questions Cloud

What is the effective annual interest rate : mike patrik, a recent ME graduate from MIT, expects to take out a loan to purchase an SUV for $30,000 with a down payment of $10,000. The loan she takes out requires her to pay monthly installments of $400 for 4 years. What is the effective annua..
Compute the work done in joules mole of an ideal gas : Calculate the work done in Joules (for each case) when one mole of an ideal gas, initially at P = 9atm, T = 298K is expanded isothermally to P=1atm if
Calculate the final t : allowed to expand adiabatically against constant Pext = 10 atm. Compute the final T, ?U, and ?H for this process. Use Cv = 20.8 J/mol*K and assume the gas is ideal.
Explain what is the daily input rate of coal : A 680 MW coal fired power plant is 34% efficient at producing electricity. The coal has a heating value of 20,000 kJ/kg, an ash content of 5.5% and a sulfur content of 4.5%. Note: 1 MW = 1000 kW , and 1 kW = 1 kJ/s. a. What is the daily input rate..
Explain light of theory of supply and demand for regulation : Environmental Protection Agency (EPA) regulations tend to go through many stages of review and approval before they are implemented. Not only do many regulators have to approve a new regulation, but comments and reviews from industry and conservat..
Calculates and displays the property tax : Write a java application that calculates and displays the property tax for N property owners. N should be declared as a constant and it should be equal to the largest digit of your student ID number
How many magnesiun atoms are in three moles of mg : How many magnesiun atoms are in 3 moles of Mg3(PO4)2? 2) A substance, NxOy has the composition by mass 69.57% O. Calculate the molecular formula of this substance if its molecular mass is 92 grams.
Describe a skimming price and a penetration price : Jessica Alba, a famous actress, starts the baby and family products business, The Honest Company, with Christopher Gavigan. Alba and Gavigan set up their site so that families could choose what kinds of non-toxic, all natural products they'd like ..
Compute the value of q and w delta e : Calculate the value of q, w, delta E , for the reversible isothermal expansion at 300k of 2.00 mol of a perfect gas

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd