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Suppose that the governmental authorities wished to decrease use of a pesticide that is leaching into groundwater supplies in a watershed by 60% from current use levels. Discuss the advantages and/or disadvantages of distributing marketable pesticide permits to each farm operating in the watershed equal to 40% of its current level of use of that pesticide, versus simply ordering each farm to reduce pesticide use to 40% of current levels under threat of heavy fines for non-compliance.
What three factors determine whether two economies with separate fiscal and monetary authorities should form a currency union.
Under the first plan he pays $0.25 per minute of connect time. Under the second plan, he pays a lump sum of $30 per month and only $0.10 per minute of connect time. Determine David's optimal consumption bundle and his choice between the two plans.
take a country named konowland that has an electoral college system. suppose there are nine small states in konowland
Calculate the price elasticity of demand for Einstein%u2019s Bagels and explain what it means. Derive an expression for the (inverse) demand curve for Einsteins%u2019s Bagels.
q1. for you and your neighbor to specialize and trade it must be that the price at which you or your neighbor sells the
1.the approved budget for 1997 reduced government spending in housing and urban development health and human service
Which characteristic of competitive markets permits society to answer the illustrate what to create question efficiently.
If the Fed wants to leave the US money supply unchanged by the foreign exchange market intervention, how will they conduct a sterilized intervention?
Calculate the consumer surplus, producer surplus, government revenue and deadweight loss for taxes of $4, $8, $12 and $16 per unit sold. What tax maximizes government revenue?
As an analyst at the Treasury Department, you have been asked to predict the behavior of key macroeconomic variables for different scenarios on the state of policy between the US and Europe.
The interest rate is 25% (0.25), and there is no inflation. Illustrate what is Mandy's optimal consumption in period 1.
You are a division manager at Toyota. If your marketing department estimates that the semiannual demand for the Highlander is Q 100,000 -1.25P, illustrate what price should you charge in order to maximize revenues from sales of the Highlander.
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