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Question 1: Suppose that government environmental agencies decide exactly how much of each kind of industrial pollutant they will allow within a given airshed, and sell the rights to discharge these quantities of pollutants to the highest bidder. Which firms would offer the highest bids? How could citizens interested in cleaner air than the environmental agencies had ordered use this system to obtain what they want?
Show the new utility maximizing bundle of gasoline and all other goods. What is the slope of the new budget line? What is the consumer's new MRS of all other goods for gasoline?
If it will cost us approximately $0.75/bottle to supply more Coke to our consumer what should we do if our goal is to maximize profit.
Identify the basic difference between a short-run and long-run AS curve. What distinguishes the short-run from the long-run in macroeconomics?
The following quotations are from an article in the Financial Times on November 9, 2007:
What are the types of images and links you can use to develop a Web site? When you develop a Web site, what are the guidelines you use for links to create connections from one document to another on your Web site, or within a document?
Compared to Three (3) other currencies such as Canadian, Euro, China, and Japan (or other currencies you have interest in),
Use the graph of solubility of O2 in water versus temperature to calculate the value of the Henry's law constant kH for O2 at 13.0°C and 38.0°C.
If money demand for speculative purpose is$ 5000 and money demanded for transaction motive is $ 40 000. if money demanded for speculative purpose increases by $ 5000, what is the new total demand for money using Keynesian Theory of Money Demand.
Explain why did Ricardo think that international trade was based on comparative advantage while internal (domestic) trade was based on absolute advantage.
Write a research paper that explains the following theories: Demand Curve and relationship to price. Supply Curve and relationship to price.
From the given data, compute the inflation rate for each country. What broad conclusions can your draw about the inflation experience in the seven countries?
If you go to Florida, the airfare, hotel, food and miscellaneous expenses will total about $700. What's your opportunity cost of going to Florida?
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