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Suppose two? utilities, People's Electric and Municipal? Energy, each produce 200200 tons of pollution per year. The government has a goal of eliminating half the ?pollution, and, in? turn, provides 100100 pollution permits to each utility. A pollution permit is required to legally produce a ton of pollution. ? However, the two utilities are allowed to trade permits. Suppose the cost of eliminating one ton of pollution for? People's Electric is $400400 and the cost of eliminating a ton of pollution for Municipal Energy is ?$450450.The total cost of each utility eliminating 100 tons of pollution is $___?
q1. the supply side economics of the regan administration 1981-1988 presumed that income tax cuts would stimulate
Suppose that Poland had exports of $100 billion in 2014 and imports of $150 billion. What was its net capital flows in that year? Give two examples of transactions that are part of the net capital flows of Poland, and indicate whether they enter the ..
q.in the united states private schools charge tuition and compete against private schools that do not. one policy
Discuss how politics is different from economics in terms of the choices people make. What is the economic analysis of the role of the state in society? Include in your discussion both the allocative efficiency and redistributive roles. Outline the m..
The investors in exercise 2 are surprised by firm's performance in year 5. Instead of being $20 million, the firm's profits are $40 million. What happens to firm B's stock price in year 6 and 7?
Many industrialized countries such as the United States attempt to seriously restrict immigration of production workers, but are more open to immigrants who are highly-skilled. Why might this be the case? Why is this a problem for developing countrie..
For utility maximization, consumers will purchase different consumption bundles until their marginal utility per dollar are equal. So, when the marginal utility of beef is 10 at price of $5 per lb and the marginal utility of chicken is 8 at price of ..
Compute the regular expenditure multiplier also the net tax multiplier if the level of consumption increases from $80,000 to $92,000 as a result of change in income from $120,000 to $140,000.
On Jan. 1, 2000, you purchased a bond that will pay $1,000 on Dec. 31 of each year from 2000 until 2019. It is now Jan. 1, 2015, and you decide that you would like to sell the bond. Assuming that the prevailing annual interest rate on that day for fi..
The exchange rate between the U.S. and Japan is floating, e.g. determined by the market. Suppose the U.S. government imposes import quotas on Japanese products. The quotas increase spending on domestic products. How does this affect the U.S. macro ec..
Explain these varied outcomes in terms of how the market system answers the question "What goods and services will be produced?"
Under its present policy of purchasing 5,000 sinks per order, what is Plumbing Supplies total annual inventory cost? Calculate the Economic Order Quantity for Plumbing Supplies Inc.
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