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Assignment
Identify government policies on competitionExplain concepts of microeconomicsDescribe supply and demand from a microeconomics perspectiveExplain market influences such as consumers, products, and profits on business strategiesPredict the overall performance of an economic systemCompose and present a research paper on economics
From the list below, please choose a particular environmental policy that is being used in the United States. Write a 4-page paper (including the title page and reference list), that accomplishes all of the following:
1. Explains the policy2. Gives an example where it has been used3. Explains why it is has improved the problem it was meant to correct4. Explains how economic principles are used in the design of the policy
Policies
• Carbon tax• Cap and trade• Emissions taxes• Environmental standards (command and control)• Subsidies for firms that invest in clean technologies.
Elucidate do labor unions have a role to play today. How important is this role.
If this analysis is correct, namely that a reduction in wages will reduce the aggregate demand for goods, what assumption must we make about the relative proportions of wages and profits that are spent (given that a reduction in real wage rates wi..
one possible method of determining a group preference relation is the borda count. the way it works is that each voter
1. suppose honey is produced in a beehive using bees and sugar. each honey producer uses one beehive which she rents
assume that b12 and that initially the real interest rate is equal to the marginal product of capital at 3. as well
Locate an article pertaining to a change in the supply, demand, and pricing of a particular product or service. Utilizing the economic theories, prepare a paper in which you summarize the article and elucidate why changes made in supply, demand, a..
Angela wishes to buy gasoline and have her car washed. She finds that if she buys 9 gallons of gasoline at $2.50 per gallon, the car wash costs $2, but if she buys 10 gallons of gasoline, the car wash is free. For Angela, the marginal cost of the ..
a factory benefits from discharging effluent q into a lake. the marginal benefit function is given by 60-2q. the
In perfectly competitive market a company typically has short run average total cost curve and marginal cost curve of;
Throughout the 1990s, the amount of foreign direct investment directed at both developed and developing nations increased dramatically. This trend reflects,An international U.S. based company sets up a production unit in a developing country with ..
1. Derive the equation from your demand curve from the two price and sales points. 2. Are you currently operating in the elastic or inelastic portion of your demand curve? 3. You are paid a sales commission based on your total sales. What price would..
However, the reputable presumption for some renewable resources is precisely the opposite. What general characteristics of some renewable resources bring this about?
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