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In the 1970s in U.S. cities, air emissions were governed almost completely by prescriptive regulations. One of the problems faced by regulations in large urban areas with air quality well below desirable levels was how to let new polluters into the city without reducing air pollution.
Regulators came up with an innovative approach called the offset system. New sources had to "convince" exiting sources of emission to reduce emissions. The overall effect of all of the reductions had to at least offset the pollution additions by the new sources. Explain why or why
not this so-called "offset system" is equivalent to a marketable permit system.
Calculate the arc price elasticity implied by the initial response to Z-Best's price increase and calculate the effective price reduction resulting from the coupon promotion.
rent control today looks far different than the rent freeze new york city enacted after world war ii. most rent
dentify what FIDO stands for and how 3M puts FIDO into practice. Assess whether FIDO’s approach could work for other companies or if it is unique to 3M and the products they produce. Write three pages on whether 3M’s specific practice of hiring local..
How inflation has affected your buying power.
Assume that the data describe the condition of the banking system By how much could the banks increase their lending activity?
Continue to assume that your firm will survive for only one production period.
show how the minimum wage affects unskilled labor market. is labor market perfectly competitive? can you find any
1. negotiations and binding contracts are not possible between rivals ina noncooperative gamesb cooperative gamesc
Google rejects the idea that it's in the search advertising business, an industry in which it holds more than a 70 percent share of revenue. Instead the company says its competition is all advertising, a category broad enought..
In a perfectly competitive industry in which firms have U-shaped average cost curves, the long-run market supply curve is a horizontal line. This market supply curve is not the horizontal sum of individual firms’ long-run supply curves. In this respe..
What is the difference between average total cost and average variable cost
2.suppose you have just been appointed to a high level position in the economic analysis unit of the state department.
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