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Provide an example of a positive production externality, either one you have read about or found through research, or one that is hypothetical. The example should clearly state what benefit arises out of the production, and how this benefit without the benefit of market transmission positively impacts other firms. Include in your IP posting a graph for those firms impacted by the positive production externality. For example if firm A produces something that generates a positive production externality for firms B and C – show the impact on firms B and C.
q1. why cant money have the same value and look in every country?create a flow chart or table that describes the
Based on your research, write summary on what you have learned about this country & apposes economy
A tax cut has just been announced. Congressman Growth states that its effect will be on the supply side, Congress Stable states that its effect will be on the demand side. Demonstrate graphically the effect of the tax cut on the price level and outpu..
Cars are lasting longer. The expected number of miles traveled over a vehicle's life has risen to 180,000 miles in 2001 from 128,000 in 1977. However, new car buyers tend to keep their cars about the same length of time before trading them in. Using ..
Which of the following terms describes a contract by which the value of the compensation depends on the measured performance of the employee?
Suppose the marginal cost of production for a company is $6 at its current production levels. Suppose the price elasticity of demand is constant at -2 between prices of $10 to $15, if current prices are $10, is the company pricing at the correct opti..
Isreal's real GDP was 514 billion new shekels in 2005 and 534 billion new shekels in 2006. Israel's population growth rate in 2006 was 2.2 percent. Calculate Israel's economic growth rate and growth rate of real GDP per person in 2006.
Combinations of goods on the production possibilities frontier
Suppose Japan can produce 2 million trucks per day, or it could produce up to 3 million cars. ON the other hand, Germany can produce 4 million trucks per day, or it could produce up to 5 million cars. What is an example of a trade that could take pla..
Your company plans to spend $95,000 in four years to improve productivity at its central office. However, the company’s cash account is in unexpectedly good shape at the present time and the administration decides to pursue the project now rather tha..
What advantage does a country have if it restricts or does not allow its currency to become “convertible” – this is called a “non-convertible” currency [an example is the Chinese Yuan].
What are the factors of production? Please list them and share your thoughts and insight on what they entail and how they relate to the opportunity costs of your decisions?
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