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Three firms have marginal costs of pollution abatement as described below. Without regulation, each firm would pollute 3 units. Under command and control regulation each firm gets to pollute 1 unit. But the new Santorum administration decides that these permits should be tradable among these 3 firms. Explain whether each firm buys or sells permits, and show by how much each firm's costs go up or down. What is the total effect of allowing trading across all firms on the cost of pollution abatement?
Analyze the past, current, and future cost considerations of the company and, on the basis of your costs analysis, create a list of strategies to enhance the company's profit. In your analysis, include the following information about the various c..
Economists make decisions by thinking in terms of alternatives. Why do economists thinks there is no such thing as a free lunch?
In an oligopolistic market, firms pay close attention to the strategies of their rivals. In monopolistic competition with a large number of sellers, it is assumed that there is not this kind of rivalry, or interdependence. Why is there a probably ..
1. Evaluate Time Warner Inc's working capital position.
Make a paper analyzing the current market situations of Airline industry including a supply and demand analysis that answers following questions:
If the appropriate interest rate is 13 percent, what kind of deal did the player snag?
w=10, r=25. The price of output is constant at $50. The production function is f(L,K) = L^.5K^.5.If the current capital stock is fixed at 1600 units, what is L* in the short run? How much profit will the firmearn?
question 1use the information on the kumquat market in the table to answer the following questions.a. what are the
Find the first order conditions and find the asset demand function for a when utility takes the log form, as in 1B above.
Many economists would argue that private companies are likely to be more efficient than the government at operating airlines. Yet many economists would also argue that there is a valid reason for government to regulate the safety of those same air..
What does this decision by Wal-mart tell you regarding the price elasticity of the demand curve that it faces?
How would a downward change in the money supply affect someone personally? How would it effect a person's career? What impact would rational expectations have on a person's decisons in this situation?
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