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Analyse the statements below and affirm it as true or not.
1. When a group of neighbours ask a householder to tidy his front garden because they keep their own gardens tidy and attractive, they are attempting to use moral codes and social sanctions to internalize the externality associated with an untidy garden in a residential area.
2. For any given demand curve for pollution, a regulator can achieve the same level of pollution with either a Pigovian tax or by allocating tradable pollution permits.
3. If you values smoking in a restaurant at €10 and your friend values clean air while she eats at €15, according to the Coase theorem, you will not smoke in the restaurant only if your friend owns the right to clean air.
Elucidate the own price elasticity for ATM fees charged to non-customers. At the current ATM fee, should you raise or lower your ATM fees.
write a paper explaining my assessment of the current aggregate demand and aggregate suppy curves; my prediction and prescription for the near future.
Assume the government proposes to tax these benefits at the same rate as other types of income. What is the impact of the proposed tax on the optimal retirement age.
1. why are bond markets important?2. why are stock markets important?3. why are banks important?4. what aspects of the
What price and quantity will the monopolist produce at if marginal cost is a constant$4 ? Compute the dead weight loss from having the monopolist produce, rather than the perfect competitor
According to the research quoted in The Economist (Elsbach & Cable 2012) corporate promotions are partially predicated on public presenteeism. This seems to indicate a breakdown of trust with regard to telecommuting.
1. Explain how an attempt by the government to lower inflation could cause unemployment to increase in the short-run.
analyze the major barriers for entry and exit into the airline industry. explain how each barrier can foster either
Two economists took a close look at a broad survey of more than 50,000 persons each year from 1987 to 1999. They found that drinkers do reduce their consumption substantially in economic downturns.
Do you think the argument against redistributing income through income taxes based on reducing economic efficiency is a strong one. Provide an example where a business did not expand because the possible taxes on the profits due to that expansion.
Suppose that Demand and Supply curves for coffee bean is given by-What value of t maximizes Government's tax revenue?
analysis by answering the questions below. be sure to cite your references using apa format.1.what does gross domestic
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