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A toxic dumping site leaks into a local water supply and prompts a public outcry. The local and then the state government each take actions to clean up the site and to fine the company for damages. Which of the following would be a potential positive externality for the national environment?
Explain What the profit maximization condition of a business. What is normal versus supernormal profits.
Entry of firms in a monopolistically competitive industry is characterized by two "external" effects. What are these effects and how do they affect a monopolistically competitive firm. How are consumers and incumbent firms influenced by these exte..
Identify and list all factors that impact the level of consumption. Select one factor of consumption and explain what would be the impact on the whole economy if that factor of consumption had declined.
This is a post from Ben Bernanke's blog. The purpose of the post is to explain why interest rates are so low and the role that the Federal Reserve (the Fed) plays in determining the rates.
If you need a rate of return. Illustrate what is the highest price I should be willing to pay for this stock.
the government has recent completed a study suggesting that fora health diet every consumer like chrissy a cash subsidy that would induce her to buy F=8. how large would the cash subsidy need to be? show her optimal basket iwth the cas subside on ..
A pharmaceutical company can produce each pill of a new drug at a constant marginal cost given by MC = 5. Note that since the marginal cost is constant, then the average cost of producing pills is also
In the 1990s Japan reduced its exports of automobiles to the United States by 28 percent. If you were the manager of a US car dealership, explain how would this affect your pricing strategy.
a farmer grows a bushel of wheat amp sells it to a miller for rs. 1.00. the miller turns the wheat into flour amp then
Microsoft Corp want to expand and has to make some long-term capital budgeting decisions. Now the industry is confronted with government regulations to oversee the merger. Analyze how the different forces will come together to create a convergence..
Required to find out two products or businesses using cocoa in or for Cameroon and justify and report the marketplace
most religions argue that individuals should not fully exploit market positions by charging individuals the maximum
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