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Question - The graph below is of aggregate marginal damage and aggregate marginal abatement costs associated with some pollutant. Suppose a regulator wishes to control emissions with a competitive transferable emissions permit policy.
(a) Identify the efficient supply of emissions permits. What will be the price of permits if sources trade them competitively?
(b) Identify the aggregate value of all emission permits. Under what circumstances does this value accrue to the pollution sources? Under what circumstances does this value accrue to the government?
Using the Company as Hewlett Packard and IT (Information Technology)as the Industry- a). describe one strong force and one weak force impacting your industry and company. Explain clearly why they are strong or weak?
will natural gas or coal likely be used more heavily in the future. Why or why not? Use economic logic to argue your point
draw a simple circular flow diagram with just firms:downstream firms that product final goods and services for consumption, and upstream in production only intermediate goods that are used by downstream firms in production.
A monopolist faces demand given by: P = 100 - .4QD, alculate the producer surplus with monopoly and the consumer surplus with monopoly
What explains the general rise in the employment-population ratio in the United States? By how much did the ratio decline around the last recession?
Consider the market for laptop computers. The demand for laptops is Q = 1800 - 3P. Suppose the supply of laptops is given by Q = -200 +2P. What is the equilibrium price of laptops?What is the equilibrium quantity of laptops?
write a report based on the podcasts & the news article in the text and a critique as well (do you agree with Mankiw's view that "Consenting adults should be able to make economic trades
When and where did sustained economic growth first begin? How much inequality in per capita income was there throughout the countries of the world a thousand?
What assumptions must hold for OLS to give an unbiased estimate of β1, the structural effect of increasing the police budget on the murder rate?
What should the Fed do to prevent the unemployment rate from changing in the short run? Show how the Fed's action, combined with the decline in business confidence, affects the AS-AD diagram in the short run and the medium run.
Suppose 2 firms are found on the real line [0,1]. Firm 1 is located at a=.15, and Firm 2 is located at 1-b, where b=.15. Assume P1=P2=$10. Consumers face a distance cost of $2 per square unit of distance. What can you infer about the market share of ..
The availability of jobs at higher real wages motivates many people to migrate—legally or illegally—to the United States. Other things being equal, what impact would a large influx of immigrants have on real wages? What impact would it have on real w..
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