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!
Public Goods: Suppose that weather forecast systems require funding in billion-dollar chunks, and that each billion dollars invested in weather forecasting doubles your odds of getting the forecast right—that if you spend nothing your forecast, pure chance, has only a 50% chance of being right; that if you spend $1B your forecast has a 75% chance of being right, that if if you spend $2B your forecast has a 87.5% chance of being right, and so forth.
a) Suppose that for an average person the cost of getting the weather forecast consistently wrong over the life of the system is $100. If there are a million people in the area, how much should the government spend on weather forecasting?
b) Suppose that for an average person the cost of getting the weather forecast consistently wrong over the life of the system is $1000. If there are five million people in the area, how much should the government spend on weather forecasting?
c) Suppose that someone decided it would be a good idea to privatize the weather forecasting system—to have a private company broadcast the forecast over media and internet, and collect money by subjecting people to annoying ads while they listen to the forecast. Would this be sustainable equilibrium or not?
Describe the roles of the World Bank (WB), International Monetary Fund (IMF), and World Trade Organization (WTO) in the acceleration of globalization
This problem requires an understanding of how economic conditions affect interest rates and bond yields. Using the information available to you, forecast the direction of U.S. interest rates. Assume that the perceived risk of corporations in the Unit..
q1. illustrate what are the reasons for differences in price elasticity of demand between different products? explicate
On January 1 2015, your savings account will be worth $259,000. Every month thereafter, you make a cash contribution of $767 to the account. If the fund is expected to be worth $410,000 on January 1, 2020 what will the annual interest rate of interes..
q1. in reading the national business news that mortgage rates improved by 50 basis points. if mortgage rates were
q1. compare the unemployment rate in new mexico to the national average of the past four 4 years. compare the trends in
Among which of the following will cause an increase in producer surplus. Which of the following causes a shortage of a good.
Summarize it using your own words (Two typed paragraphs; each paragraph must have three sentences. No Plagiarism!). 2. In which year and quarter (Year-Quarter) did two regional markets (Metropolitan Statistical Areas) experience the same competitors’..
Suppose that you were an industry analyst trying to determine if the leading firms in the automobile manufacturing industry are playing a tit-for-tat pricing game. What real world data would you want to examine? What would you consider to be evidence..
We operate 300 days per year and have found that an order must be placed with our supplier 6 working days before we can expect to receive that order.
In the long run, both monopolistically competitive and perfectly competitive firms attain
A community ponders implementing a no-smoking ordinance that would eliminate smoking in all businesses, government offices, and public places. Smokers are upset and argue that their rights are being violated by this proposed ordinance. How does the r..
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