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Because Ryan got a flu vaccine, his roommate Mitch who had a low immune system was spared from getting the flu. This is even without Mitch paying for and getting a vaccine. This implication in this specific story is that because of
a. the negative externality from a vaccine, the vaccine service seller should have been compensated 2x what it received in payment
b. the negative externality from a vaccine, the vaccine service seller should have been compensated 4x what it received in payment
c. the positive externality from a vaccine, the vaccine service seller should have been compensated 3x what it received in payment
d. the positive externality from a vaccine, the vaccine service seller should have been compensated 2X what it received in payment
e. the positive externality from a vaccine, the vaccine service seller should have been compensated 20X what it received in payment
Ssuppose which the benefit to the villagers of each additional cow grazing on the commons declines as more cows graze as each additional cow has less grass to eat than the previous one.
Assets Liabilities Cash $200,000 DD $2,000,000 RR = $250,000 Dep at Fed $100,000 19. This bank can safely expand its loan portfolio by A. $150,000 B. $200,000 C. $50,000 D. $0 E. Impossible to determine based on the info provided
The defined benefits pension fund of G-Tech Electronics has a net value of $2.71 billion. The company is switching to a defined contribution pension plan.
A decrease in aggregate demand will cause
There are several variables that combine to establish a successful, sustainable team. Identifying the key components becomes especially challenging when the members are operating virtually. Identify potential barriers to an effective team and options..
q.some economists have suggested that the best way to control medical costs is to remove the profit incentive for
The opportunity cost of a new public highway is the:
What describe the distribution of national salary among labor and capital in a competitive, profit-maximizing economy with constant returns to scale.
A country produces two crops– paddy and wheat. Given the price of paddy(Pp) and wheat(Pw), the relationship of labor allocation is shown as MPLpXPp = MPLwXPw = w, where MPLp and MPLw are marginal products of labor for the two. If wheat’s price increa..
Identify opportunity cost of increase divestment. What will happen to future production possibilities if investment increases.
Discuss how policy makers can incorporate the Domestic Climate Policy Framework into a widely accepted environmental policy. Provide examples.
Can you identify the consequences of a strong dollar or a weak dollar in the United States? which direction do you prefer for the overall health of the American economy? Should the U.S take measure to ensure that the dollar retains its dominant role ..
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