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Q. The market for water in urban areas in Australia is often dominated by one provider, for example Sydney Water in the Sydney area. Sydney Water is a New South Wales government-owned company that provides drinking water (and also wastewater and storm water) services to the Sydney region. Sydney Water has historically held a monopoly over the supply of water within the Sydney region. The Independent Pricing and Regulatory Tribunal of NSW (IPART) periodically set water, wastewater and storm water prices. The focus here is on drinking water. The supply of water is largely dependent on the amount of rainfall. With Australia going through a long-lasting drought in the first decade of the 21st century, serious concerns were raised about the possibility of running out of water. What policies can be implemented to address this issue?
Illustrate what is the firm's profit maximizing output level. Is the industry in long-run equilibrium.
Analyze the accounting equation as a concept that underpins the work of professional accountants and how an understanding of the equation can impact business decision making.
Describe the short-run impact that economic fluctuations and growth (or lack thereof) have had on aggregate supply, aggregate demand, output, unemployment, and inflation.
Suppose also that ham and cheese are the only goods that this person buys and that bread is free.
All astute comments thus far. Some government projects also programs continue to give benefits for many yrs.
Estimate the owner's decision to start Sound Devices. Are any of the above costs likely to be one-time costs? If so, how would this affect your answers. Explain.
explain how much of the current unemployment can be attributed to cyclical factors.
Elucidate he is considering hiring students on a part-time basis for $40/hour, do you think he should do so.
she a reservation wage of $1,500 so that wage package is W = 1,500 + .2 Q where the CEO sets the incentive at .2 and Q = 200 e. If the CEO increases the incentive from .2 to .25, what happens to the Nelson's effort? Will profits rise or fall?
xplains with aid of a diagram, effect that such legislation will have/has had on equilibrium price and quantity of labour employed. Also illustrate what can be done to alleviate/remedy any problem that may rise from above laws.
Illustrate what happens if the consumer faces a borrowing constraint that prevents her from borrowing.
Illustrate what is the economy's MPC? It's MPS. Illustrate what was the APC before the increase in disposable income.
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