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In the Brazil case the government is presented as "demanding answers from BHP" with one of the government representative cited as stating that they "must be held accountable". However, it was also stated that "new safety and environmental regulations have been tied up in Congress for years". In addition to these perspectives, literature suggests that the western lifestyle is essentially the enemy in the war against environmental abuse. Society puts increased demand on goods and services, natural resources, energy and industrial production. In considering all of these perspectives who should be held accountable? Use research to justify your answer.
Assume that a regulator assigns property rights on the externality, i.e. right to make noise or to enjoy an environment free of noise. Show that by agreeing on the airport traffic and on compensations, the two firms reaches the efficient outcome (..
The government introduces a subsidy s=10 per unit of sugar exported and at the same time it doesn't let any imports in. Calculate the new (i)domestic price, consumption and production, (ii) world price and quantity exported by the country.
Simulate this process using the exponential CPG. Using Excel, develop a histogram with 50 data points and verify that your CPG is indeed replicating the exponential behavior
Attractive people tend to earn less because attractive people are viewed as shallow and more self-absorbed and, therefore, as less productive.
What are some ethical considerations when using slack and buffers?
Kanji Company had sales last year of $265 million, including cash sales of $25 million. If its average collection period was 36 days, its ending accounts receivable balance is closest to
Formally state the null hypothesis that there has been no change in average wages. In particular, what is E(Di) under H0? If you are hired to examine the validity of the new management's claim, what is the relevant alternative hypothesis in terms ..
The expectations-augmented Phillips curve is consistent with workers and firms adapting their expectations after the macroeconomic experience of the 1960s.
A firm is expected to earn $10,000 one year from today, $25,000 two years from today, $48,000 three years from today, and $75,000 four years from today, after which it will be dissolved. What is the present value of the firm if the discount rate i..
Jerry will receive the following payments: 905 in year 3, 952 in year 5 and 933 in year 9. What is the purchasing power of the present value of these payments if the market interest rate is 16% per year and the inflation rate is 8% per year
Find the output level at market equilibrium.
What are the comparative risk considerations between the two?
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