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Refer to the figure below. Taking the external costs of using refrigerators into account: In this graph, the x-axis shows refrigerators and the y-axis shows price in dollars. The demand line slopes downward, and the lines S-public and S-private slope upward. S-public crosses the demand line at the point E1, or (40 thousand, 700). S-private crosses the demand line at E0, or (45 thousand, 650). Group of answer choices Causes the supply curve to shift up and to the left. Increases the equilibrium price and reduces the quantity demanded. Causes the supply curve to shift down and to the right. Increases the equilibrium price and quantity demanded.
A potential new system costs $12,000 and has the following salvage values and lost productivity for each year:
What is “effective demand” according to keynes? How can there be a lack of effective demand? How did keynes explain that aggregate production and aggregate spending might not be equal? What happens if aggregate production is greater than aggregate sp..
A condition in which the manager of each physical distribution function attempts to minimize costs but, due to the impact of one physical distribution task on the other, obtains less than optimal results is known as Select one: inventory fluctuations..
The Murphy County Fire Department is considering two options for upgrading its aging physical facilities. Plan A involves remodeling the ?re stations on Alameda Avenue and Trowbridge Boulevard that are 57 and 61 years old, respectively. Use an intere..
She earns $76,000 per year, is single, and rents a condo. What is her taxable income, tax, marginal tax rate, and average tax rate?
Multichannel customer management is “the design, deployment, and evaluation of channels to enhance customer value through effective customer acquisition, retention, and development” (Neslin et al. 2006). Are there any differences in the way multichan..
Two investment opportunities are as follows: For A: First cost = $150, Uniform annual benefit = 25, End-of-useful-life salvage value = 20, Useful life = 15 years. At the end of 10 years, Alt. B is not replaced. Thus, the comparison is 15 years of A v..
Explain to parliament the welfare implications of this from the perspective of consumers, producers and the government. Use diagrams to help your explanation.
Does the natural environment play any role (or any significant role) in the development of religious beliefs? Explain providing some examples. Why do some religions prohibit or encourage the consumption of certain plants and/or animals? For example, ..
Lorena likes to play golf. How many times per year she plays depends on two things: (1) the price of playing a round of golf, and (2) Lorena's income and the c
Presently the theater advertises 125 times per week. Assuming this is the only theater in town, and its marginal cost, MC, is equal to zero, Determine the profit maximizing ticket price for the theater.
Consider the market for gasoline. Suppose that, in a competitive market without government regulations, the equilibrium price of gasoline is $3.00 per gallon, and employees at gas stations earn $20.50 per hour. The government prohibits gas stations f..
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