Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Q. Andrew, Beth also Cathy live in Lindhville. Andrew's demand for bike paths, a public good, is given by Q=12-2P. Beth's demand is Q=18-P also Cathy's is Q=8-P/3. The marginal cost of building a bike path is MC=21. The town government decides to use the subsequent procedure for deciding how so many paths to build. It asks each resident how so many paths they want also it builds the largest number asked for by any resident. To pay for these paths, it After that taxes Andrew, Beth also Cathy the costs a+b+c=MC. The residents know these tax rates before stating how so many paths they want.
A. If the taxes are set so that each resident shares the cost evenly (a=b=c), how so many paths will get built?
Explain what occurs when a new technology makes another one obsolete in terms of economic profit.
As manager of City Racquet Club, you must determine the best price to charge for locker rentals.
She can charge different prices in the two markets. Illustrate what is the profit-maximizing combination of quantities for this monopolist.
Compare the effects of the two policies, based on the models developed. Why might the United States have preferred one policy over another.
Sharp rises in the cost of milk, grain, and fresh fruits and vegetables are hitting cafeterias across the country, forcing cash-strapped schools to raise prices or serve more economical dishes.
What is the impact of opening trade on the real rental on capital.
Illustrate what are some more common restrictions on the activities of multinational corporations in host countries
According to the rule for optimal input usage, a film should hire a person as long as her marginal income product is greater than her marginal cost to the company.
Interior Department recently announced that it will increase the entrance fees at Yellowstone National Park in order to increase park revenues.
Explain why this formulation of consumption may provide a more accurate description of consumption than the simple consumption function that depends only on current income.
Illustrate the way in which market forces shape the organizational responses using a range of examples.
Derive also graph the MC function. Conclude the cheapest way to produce 20 units. Conclude the cheapest way to produce 12 units.
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd