Pay for good weather indirectly

Assignment Help Microeconomics
Reference no: EM132471515

Application 10 explains that even though no one directly and explicitly pays for good weather ("Here is $100 for the good weather"), you may pay for good weather indirectly, such as through housing prices. Identify three other things (besides good weather) that you believe people pay for indirectly.

Reference no: EM132471515

Questions Cloud

Discuss the storage and handling of vaccination materials : Discuss the storage and handling of vaccination materials and Discuss allergies and averse responses.
Evaluate the duties and leadership opportunities : Evaluate the duties, leadership opportunities, and risks associated with environmental regulation for multinational corporations such as ABC Inc. in global
Demonstrates an advanced understanding of course : Locate the parts of the article. Write a brief summary of each part - Demonstrates an advanced understanding and application of course concepts.
Expected or predicted effect on price and quantity : What caused these two factors to change, and how your firm dealt with the change. Did the change have the expected or predicted effect on price (P) and quantity
Pay for good weather indirectly : You may pay for good weather indirectly, such as through housing prices. Identify three other things (besides good weather) that you believe people pay
What has improve the educational opportunities for women : How have increased educational opportunities for these women changed their socio-economic status? improve the educational opportunities for its women
Effect an aggregate supply and demand graph : How does this question effect an aggregate supply and demand graph, in the short term? Will it effect the supply and demand or just one?
Calculate inflation rate in 2017 based on 2015 : Consider the basket of goods as 1 unit of House, 2 unit of Food and 1 unit of Car. Calculate separately consumer price index (CPI) in years 2015 and 2017
What is the origin of the commodity : What is the origin of the commodity? Where does the raw material come from and how it is extracted? Include pictures or video footage of what the process looks

Reviews

Write a Review

Microeconomics Questions & Answers

  What are the effects of temporary decrease in govt spending

Discuss, with the help of Krugman-Obstfeld-Melitz' AA- and DD-curves, the effects of a contractive fiscal policy (a decrease in government spending) on the interest rate, the nominal and real exchange rates, output and the price level.

  Which innovations in particular marked the transformation

Which innovations in particular marked the transformation into a global player? What are the most critical barriers for continuous high growth in the future for Vestas?

  What according to you will be the repercussion

Hypothetically, imagine if US abolishes $100 bill and replace it with a different bill. What according to you will be the repercussion of such a change.

  Draw the highest indifference curve

What part of the change in consumption is due to the income effect and what part is due to the substitution effect - Draw the highest indifference curve that she can attain in red ink, and label the point that she chooses as A.

  Determine the number of souvenir coins

Determine the number of souvenir coins that must be sold per year to justify the purchase of a $6000 stamping machine. Each coin will be sold for $5.00.

  What purpose does an energy-monitoring programme serve

With the recent dramatic political and social events that have occurred in the world over the past several years, your management team is concerned about the impact of rising energy costs on your firm's overall operations, and they have asked you ..

  Consulting engineering firm is considering two models

Which model should the consulting firm buy? A consulting engineering firm is considering two models of SUVs for the company principals. A GM model will have a first cost of $26,000, an operating cost of $2000, and a salvage value of $12,000 after 3 y..

  Special-purpose machine is to depreciated as linear function

A special-purpose machine is to be depreciated as a linear function of uses (units-of-production method). It costs $35,000 and is expected to produce 150,000 units and then be sold for $5,000. Up to the end of the third year, it had produced 60,000 u..

  The process of lobbying legislatures

Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 ..

  Analysis and recommendations

Imaginethat your Learning Team is a group of economic advisors working for the U.S. president. You have been tasked with evaluating the current state of the U.S. economy and making recommendations on how to improve it.

  Earnings as dividends each year.

a. Firm A has sales of $100,000 in good years, $90,000 in average years, and $80,000 in bad years. Its variable operating costs are 60% of sales, and its fixed operating costs are $10,000 per year. It exists in a nation that has no corporate taxes, a..

  How the cross- price elasticity of demand is calculated

When a perfectly competitive firm finds that its market price is below its minimum average variable cost, it will sella. any positive output the entrepreneur decides upon because all of it can be sold. b. nothing at all; the firm shuts down c. the ou..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd