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1.How would you set about measuring the external costs of road transport?
ltbrgtchapter 1 ltbrgt ltbrgtq1 assume an individual is considering opening a new car dealership in a medium-sized
Describe why a company in a perfectly competitive market would choose to remain in business, if its profit is zero at equilibrium.
How does a price ceiling undermine the rationing function of market-determined prices?
Say there is a natural disaster which wipes out all of tomato plantation of one country. so there is a drastic increase in the price say from $6 to $15 a kilo
Propose two (2) applications of the knowledge that you have learned in this course to your current or a future position. Provide a rationale for your response.
What would cause(a) a steep ADI curve; (b) a gently sloping ADI curve? Compare the short run and long run effects of (i) a temporary adverse supply shock and (ii) a permanent supply reduction under each of (a) and (b).
Making dresses is a labor intensive process. Indeed, production function of a dressmaking company is well described through the equation Q=L-L^2/800,
Evaluate each of these alternatives from the perspectives of economic efficiency, equity, and the likely long-term impact on the firm.
conduct interview with one of the managers in our company and ask him the questions. so do the interview with the
Under what circumstances will (a) A rise in investment and (b) A rise in money supply cause a large rise in national income?
Which inputs are fixed and which are variable in the production function of William's pizza shop? Over what ranges do there appear to be increasing, constant, and/or diminishing returns to the number of workers employed?
Using the Black-Scholes-Merton model, compute the price of a call and put given a market price of underlying stock of $83, exercise price of $85, 65 days to expiration,
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