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Q1. Why it is generally not reasonable to say that a particular Pareto-efficient allocation is the most desirable allocation that can be reached?
Q2. The marketplace demand curve for a perfectly competitive marketplace is given by p=440-10Q. The marketplace supply curve is given p=4Q+20. Calculate the equilibrium price also quantity in the marketplace..
Q3. Elucidate: Without a marketplace for pollution rights, dumping pollutants into the air or water is costless; in the presence of the right to buy also sell pollution rights, dumping pollutants makes an opportunity cost for the polluter; Illustrate what is the significance of this opportunity cost to the search for better technology to reduce pollution?
Remain in mind about your paper that is going to be read by people without previous knowledge of game theory.
Social responsibility other than to make as much money for their stockholders as possible. Explain why you agree or disagree with such a statement.
Draw a graph with arcade games on the horizontal axis also newspapers on the vertical axis. Joe has $10 every week to allocate between these commodities.
Using the utility maximization rule as your point of reference elucidate the income also substitution effects of an increase in the price of a product with no change in the other product.
Offering group medical coverage to large firms and requiring all employees to participate in the coverage.
At present, the original manufacturer is deciding either they should continue production of toy truck.
Now suppose Starbucks introduces world to premium blends, and so demand rises substantially.
Do sibs have the expected effect. Explain. Holding medic and feduc fixed, by how much do sibs have to increase to reduce predicted years of education by one year.
Analyze how prescription drugs affect the demand and supply of other products and services in this country.
What are the annual accounting costs for the firm described above? What are the annual explicit costs for the firm described above?
Identify the causes of the crisis, the steps the private and public sector took to resolve it, and what leaders should do to keep it from happening again.
Expectations and consumer confidence are important in determining fluctuations in aggregate spending. In your opinion, what is the present status of consumer confidence.
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