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Discuss pollution in the following context:
a) What are the social benefits of curbing/abatement of pollution?
b) What are the social cost of curbing/abatement of pollution (yes, there are some)?
c) How can marginal cost and "abatement" be used to help select the optimal point for regulating pollution?
Using the Keynesian cross model, draw a graph to illustrate and explain what will happen in an economy when planned aggregate expenditures are greater than real GDP (i.e., A.E. > Y). How is equilibrium achieved in this economy?
Illustrate what would happen to the demand for iPhones if consumer income rises by 10%. Be specific. Are iPhones a normal or an inferior good.
Essay on Market imperfection associated with negative externalities
Explain how these concepts describe the benefits and costs of international trade - What is it and how does it affect the decision-making process in our economic system?
Show how it would work in the context of the IS-MP diagram. How would this monetary policy rule depend upon the sensitivity of investment to the real interest rate?
Suppose in the market for iPhones, the following two changes take place: (1) the cost of making iPhones rises and (2) customers begin to prefer Android-platform smart phones over iPhones. What happens to equilibrium price and equilibrium quantity?
Owners of common stock: are not actually part-owners of the corporation are allotted one vote per share owned at annual stockholder meetings are guaranteed a certain dividend payment each year.
What are the market inefficiencies the price controls measures such as price ceilings and price floors create? Why do price ceilings and price floors lead to productive and allocative (marketing) inefficiency?
An unwritten, unspoken contract, also known as "a contract implied by the acts of the parties", which can be either an implied-in-fact contract implied-in-law contract, may also be legally binding?
However, using these new concrete forms adds 10% to the overall cost of the home. A typical 2,000 sq. ft. home using standard concrete forms costs $120 per square foot to construct and uses $300 per month average to heat and cool. Calculate the IR..
4. In 2008, citing Goldman as one of the "Top 20 Most Admired Companies" in the United States, Fortune magazine characterized the ?rm's culture as "an impossi-ble-to-replicate mix of extreme aggression, deep paranoia, individual ambition, an..
The discussion assignment provides a forum for discussing relevant topics for this week based on the course competencies covered. To support your work, use the textbook, lectures and scholarly outside sources.
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