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As more cobalt is used globally, mining operations open in areas that are exponentially more environmentally sensitive. What does this tell you about the slope of cobalt mining's marginal environmental damage curve? Without further information, would you recommend a tax or quantity regulation to correct negative externalities from cobalt mining?
What is the discount factor in the repeated game model? What are the 4 factors which determine that magnitude of the discount factor? Briefly explain why the discount factor has to be sufficiently high in order make collusion feasible.
Explain why each lender has to pay the monitoring cost when the borrower unable to repay loans. What is the monitoring cost for each project?
List the different technology eras. Which would be our current era? How these eras are affecting the labor market? What is the internet of things?
Given a Cobb- Douglas production function (follow the Appendix 3.2 to the chapter for further detail and practice) Write down important assumptions of Solow growth model. What is the steady state capital per capita, k*, and explain about it.
At the end of its third year of operations, the Sandifer manufacturing Co. had $4,513,000 in revenues, $3,333,000 in cost of goods sold, $446,000 in operating expenses which included depreciation expense of $152,000, and a tax liability equal to 34 p..
Using no more than two double-spaced typewritten pages discuss the importance of erecting entry barriers for a firm’s long term profit potential, and also discuss the various types of entry barriers actually used by firms.
At the end of the year, a firm produced 40,000 laptop computers. It's total cost were $10 million and its fixed cost were $5 million. What are the average variable cost (to the nearest dollar) of this firm?
Give examples of government regulations that work and examples of government regulations that do not work. Explain why in each case. How does politics affect economic policies? Is it negative or positive?
Kinnetics inc purchased a piece of land for 500000 and equipment z for 25000 on january 2, 2015, kinnetics is subject to a 25% tax rate and all of kinnetics' depreciable assets are class 10 with a cca of 30%.
OPEC has surprised the markets with an output cut of 900,000 barrels per day, to take effect at the beginning of March. Observers had expected
Explain the various impacts of an import tariff in small nations vs. large nations. What are the three main reasons governments prefer using a tariff to restrict imports versus quotas? Should our government use a weak dollar exchange rate policy to m..
What prices are these businesses in your chosen industry charging? Do you notice a large range of prices that businesses are charging for service or product?
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