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mb(Q0 = 100 - Q/1.2 mb(Q) = price per acre Q acres of habitat MC of preserving an acre of habitat is constant at $60,000/yr. How many acres (a public good) would be preserved in an economically efficient scenario?
how does a government budget surplus affect the u.s. economy? identify two periods in recent history in which the
can the government always reduce the budget deficit by simply increasing taxes? why or why not? please explain your
When prices change, the income effect and substituion effect both contribute to the impact on quantities consumed. Explain how both effect a consumers utility maxization.
Suppose that you are in the business of providing cat grooming services and you are a member of an association who has proposed legislation anybody wanting to offer cat grooming services would have to pay for extensive training and pass a series o..
What are the potential consequences of a country having a large overall national or public debt? If you were in the position to implement a solution for the country's long-term debt, what would it be and why?
what topic or topics of interest have you found at the markkula center?can you apply one two or all three moral
Suppose you manage an agency that provides Meals on Wheels to infirm elderly residents in the county. The agency operates three kitchens. Each kitchen is producing one-third of the total meals every day.
The demand for energy in the United States is often stated as persistently non-cyclical and not sensitive to both prices effects. Given such characteristics, explain the effect of each of the following on the demand or supply for gasoline.
Is the market for coffee perfectly competitive and does the coffee market meet all six conditions of a perfectly competitive market?
Find (algebraically) consumer’sAutility maximizing (optimal) combination of Qax and Qay. At this point compute the level of utility enjoyed by consumer A.
the best evidence of the first deliberate human burial dates back almost 100000 years and the idea of ancestor
Describe why government regulation is required, citing the major reasons for government involvement in a market economy.
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