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!
1.A gold mine extract gold from rock using toxic substances. For each additional tonne of rock the marginal benefit of extraction are MB =12-q where q is the quantity of rock. The extraction process causes marginal environmental damage equal to MD = 2 q.
a) Without regulation, how much rock would the gold mine extract?
b) With strict liability laws, how much gold would the mine extract?
2. Consider the same scenario as in question 4.
A) How high is the Pigovian tax?
B) How much rock would the mine extract under that tax?
3.What is the efficiency gain from implementing a Pigovian tax?
Suppose that a market is decribed by the following supply and demand equation:
Suppose India has a per capita GDP that is .074 times the United States GDP. It has a capital-per-person ratio that is .035 times that of the United States. Compared to the United States, the implied value of total factor productivity for India is..
Why do we care about the rate of return to education?
The recent drop in the price of gasoline and oil has had several effects on the US economy. What pricing model we have considered best represents the market for oil? Defend your answer. Use your model to explain how a moratorium on fracking in the US..
Think of some foreign products that are marketed in the United States. Have the foreign manufacturers used marketing that is sensitive to U.S. culture? Provide some specific examples.
In the theory of the firm, economists consider the total cost Charles to be a function of the output level Q:C=f (Q) (a) according to the definition of a function, should each cost figure be associated with a unique level of output (b) should each le..
Which of the following was not a contributing cause of the decline in investment and thus the recessionary expenditure gap occurring during the U.S. recession of 2001.
Assume that the distribution of starting salaries for newly qualified CA. Find out the probability that the std error.
About 5% of the population has a particular genetic mutation. 400 people are randomly selected.
Gomez runs a small pottery firm. He hires one helper at $15,000 per year, pays annual rent of $6,500 for his shop, and spends $23,000 per year on materials. Calculate the accounting profit and the economic profit for Gomez’s pottery firm.
students are required to write an essay on a significant recent economic event or activity.discuss an economic activity
Briefly explain the theory of reciprocal demand. How does it provide a meaningful explanation of the international term of trade?
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