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Describe a negative externality about construction and the impact of the externality in community. Why this externality has not been "internalized."
Assume that a country produces an output Q of 50 every year. The world interest rate is 10%. Consumption C is 50 every year, and I = G = 0. There is an unexpected drop in output in year 0, so output falls to 39 and is then expected to return to 50 in..
Out of 5,000 physically active men, 500 had prostate cancer. 1,000 physically inactive men had prostate cancer.
. Therefore the industry should be considered as a market failure and safety mandates should be imposed by the government.
Suppose that all markets are perfectly competitive. Is there an economic role for government to achieve a Pareto efficient allocation? Is there a role for government to maximize social welfare.
Let us examine a "delay operator." (The delay operator is a fundamental building-block of digital-signal-processing systems and digital control systems).
Briefly elucidate how three aspects of the demographic transition model account for europes tranfomation into a destination region for migrants from north africa between 1960 and 2000.
The private and social marginal cost (MC) of producing squibs is MC = 2.5 + 0.0375Q, where Q is quantity of squibs in thousands of cases per month, and MC is measured in dollars per case. The market is competitive and firms would supply at marginal c..
And what they are designed to do, the impact of the exceptions, and whether you think they are successful in preventing unethical behavior.
If you will receive $1000 in one year (maybe a bonus from your company) and in two years you will receive $1500 ( a second bonus).
You have won the state lottery. There are many ways in which you can receive your prize. You can either have $1 million in cash now or you can have $1.2 million that is paid out as follows: $300,000 now, $300,000 in one year's time, $300,000 in 2 yea..
Elucidate how the investor's curves would appear if she adopts the 50:50 strategies but would not accept any additional return.
Assume the technology for producing personal computers improves, and, at the same time, individuals discover new uses for personal computers so that there is a greater utilization of personal computers. Which if the following will happen to the equil..
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