User Account

All Pages

Sometimes market activities production buying and selling

Assignment Help Business Economics
Reference no: EM13243618

Sometimes market activities (production, buying, and selling) have unintended positive or negative effects outside the market's scope. These are called externalities.  As a policy maker concerned with correcting the effects of gases and particulates emitted by and local power plant, answer the following questions:

  • What two policies could you use to reduce the total amount of emissions? 
  • Why do you think they each would work? 
  • What would the benefits of each action be (besides emissions reduction)? 
  • What would the costs of each action be? 
  • How would you decide what was the best level of emission reduction?

Reference no: EM13243618

Questions Cloud

Assuming that there are no direct expenditure offsets to : Assuming that there are no direct expenditure offsets to fiscal policy, how much should the government increase taxes? Explain by giving appropriate reasons.
Discuss within your learning team how and why surplus : Discuss within your Learning Team how and why the U.S.'s deficit, surplus and debt have an effect on the following
Explain radiation can pass through a cell with no damage : Which of the following statements regarding the possible effects of radiation on a cell is incorrect. Radiation can pass through a cell with no damage.
Explain benzyl alcohol and benzamide : In a flowchart, show how one can separate acetophenone, benzyl alcohol, and benzamide from each through acid/base extraction.
Sometimes market activities production buying and selling : Sometimes market activities (production, buying, and selling) have unintended positive or negative effects outside the market's scope.
Explain what is the mole ratio of lead : The compound Pb3O4 (red lead) contains a mixture of lead(II) and lead(IV) oxidation states. What is the mole ratio of lead (II) to lead (IV) in red lead
Management believes that 5% of the units will be defective : On December 1, Diaz Company introduces a new product that includes a one-year warranty on parts. In December, 1,000 units are sold.
What is the electric field strength : The voltage across a membrane forming a cell wall is 74.0 mV and the membrane is 8.80 nm thick. What is the electric field strength
Calculate the expected return on the security : Suppose that a security costs $1,500 today. A. Calculate the percentage return on the Security if the payoff to the security in one Year is $1,000, $1,500, $2,000, or $2,500

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

Free Assignment Quote

Assured A++ Grade

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd