User Account

All Pages

Explain why equilibrium of supply and demand is desirable

Assignment Help Microeconomics
Reference no: EM131574997

Question - Explain why equilibrium of supply and demand is desirable? How externalities may prevent market equilibrium and various governments policies used to remedy the and efficiencies in markets caused by externalities? Analyze the difference between the efficiency of a tax system and the equity of a tax system as it refers to the costs imposed on taxpayers using the benefits principles?

Reference no: EM131574997

Questions Cloud

Difficulties that law enforcement faces : major types of cyberscams and cybercons, the financial/personal damage that they can cause, and the difficulties that law enforcement faces
Should the edges be directed or undirected : Describe a graph model that represents whether each person at a party knows the name of each other person at the party.
How to conduct a proper investigation of these claims : Summarize how to conduct a proper investigation of these claims. What were the key indicators that this behavior was a violation of workplace policy?
How does the limit of the law and crimes by law : Thinking about criminal law, how does the limit of the law and crimes by law apply in the case of Thomas Cullen Davis
Explain why equilibrium of supply and demand is desirable : Explain why equilibrium of supply and demand is desirable? How externalities may prevent market equilibrium and various governments policies
What are two wellness programs offered by your employer : Discussion: Wellness Programs and Risk Management- What are two wellness programs offered by your employer, and how are they successful?
Political alignments that allowed negotiations to commence : The impetus behind the treaty or agreement, The political alignments that allowed negotiations to commence
How can the employer reduce the given risk : Some of mental health issues we see in workplace include stress and anxiety. What risk does this cause for employers? How can the employer reduce this risk?
Explain tirone''s coverage of the north korean attack : Read Tirone's coverage of the North Korean attack on South Korea in March 2010. What tensions can you identify that prevent nation-states from entering

Reviews

Write a Review

Microeconomics Questions & Answers

  Describe three types of elasticity of demand

Describe three types of elasticity of demand. Indicate how you would use information from recent research paid by your company that the own price elasticity of your product is -1.2 and not -0.8 as previously thought.

  What is the business cycle

What is the business cycle and how is it relevant to economics?

  What is the difference of the total interest paid

Arian is about to borrow $2,000 from his uncle. He has an option to repay the loan at the end of year 4 with 5.43% simple interest per year or with 8.99% interest per year, compounded every 5 months. What is the difference of the total interest paid ..

  Where will that sales growth be for next 3-5 years and why

choose a sales area of your interest and answer the question in your research effort where will that sales growth be

  What is a decision rule

What is a decision rule? Why do we need it and how is it developed?Define and describe Type 1 and Type 2 errors - which, in your opinion is more egregious?

  Calculate the change in consumer surplus

Calculate the change in consumer’s surplus, change in producer’s surplus, tax revenue, and deadweight loss as a result of the policy change. Illustrate them on a graph.

  What is the equilibrium price and quantity of electricity

Prior to the imposition of the proposed excise tax what is the equilibrium price and quantity of electricity in this market? Show your work and make sure you include the units of measurement for both of your answers here

  Derive the profit function

Consider the problem of maximizing the profit function (pi)= pY -wL subject to the production function Y= L to the alpha (as the exponent) where alpha E (epsilon) (0,1).

  Improvement in technology influence the labor market

Presume technology improves and that workers are not the same (as opposed to what we discussed in class). Some are high skilled (like those with a college degree) and some are low skilled (like those with a high school degree).

  Why would market equilibrium price and quantity adjust

How and why would the market equilibrium price and quantity adjust at the end? What would be the new equilibrium price and quantity? Draw a graph and illustrate the changes on your graph.

  What are the consequences of intervention

Do you think this intervention was necessary and what are the consequences of this intervention? What might have happened if they had not intervened?

  What is the approximate rate of return over this time period

The cost of capital for a new project is $55,000. The project is expected to yield $20,000 in year one and $40,000 in year two. What is the approximate rate of return over this time period

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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