Q1 explain a voting pattern using the actual votes taken by

Assignment Help Business Economics
Reference no: EM13352498

Q1. Explain a voting pattern using the actual votes taken by at least 15 legislators in the U.S. Congress, a State Legislature, a City Council, or a County Commission on a contested issue one in which each side gets at least 20 percent of the total votes. Make sure that there often is more disagreement over the amendments to a bill than over the final bill. Avoid straight party-line votes.

Q2. A factory produces widgets. It currently produces 10,000 widgets per day, which it can sell for a total profit of $25,000 per day. The factory's operation creates smoke that affects nearby homeowners, causing respiratory ailments and similar problems. At the current level of operation, the damage is $10,000 per day. The efficient level of operations is 8,000 widgets per day. At this level, the factory would generate profits of $20,000 per day, but the damage to nearby homeowners would be reduced to $2,500 per day. If the factory were shut down, it would generate zero profits, but the damage to nearby homeowners would also be reduced to zero.

Reference no: EM13352498

Questions Cloud

Q1 will each of the following increase decrease or have no : q1. will each of the following increase decrease or have no effect on the natural rate of unemployment? explain your
Q1 you own a small town movie theatre you currently charge : q1. you own a small town movie theatre. you currently charge 5 per ticket for everyone who comes to your movies. your
Q1 evaluate how the following situations will affect the : q1. evaluate how the following situations will affect the demand curve for ipods. believing that it has significant
Q1 suppose that bargaining as envisioned by the coase : q1. suppose that bargaining as envisioned by the coase theorem can take place and that the homeowners initially hold
Q1 explain a voting pattern using the actual votes taken by : q1. explain a voting pattern using the actual votes taken by at least 15 legislators in the u.s. congress a state
Q you sell a commodity in a market that resembles perfect : q. you sell a commodity in a market that resembles perfect competition and your cost function is cq 2q 3q2.
Q1 a plant has a capacity of 4100 hydraulic pumps per month : q1. a plant has a capacity of 4100 hydraulic pumps per month. the fixed cost is 504000 per month. the variable cost is
Q1 laura bought word -processing software in 2005 for50 : q1. laura bought word -processing software in 2005 for50. lauras twin brother laurence buys an upgrade of the same
Q1 suppose that i make 15 per hour and you make 20 per hour : q1. suppose that i make 15 per hour and you make 20 per hour and we both like to eat hamburgers that cost 5 each.

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

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