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Question: Write a short essay of about 750 words each on the following topics:
1. What are the common defenses of protectionism? Evaluate them.
2. Explain Coase Theorem and show how it works with examples.
3. How does Mancur olson explain differences in economic performance of nations by the concept of public goods?
Imagine that you have inherited a fractional share in the mineral rights to a particular site in either East Texas. How can you analyze their current value
What dilemma faces regulators trying to regulate natural monopolies? Political corruption is epidemic in Russia today. What effect does this have on the Russian economy? Contrast and compare bureaus and business firms.
Do you think the overall level of R&D would increase or reduce over the next 20 to 30 years if lengths of new patents were extended from 20 years to, say "forever"?
What is the competitive equilibrium daily wage in this market and what is the competitive equilibrium level of employment?
Graph these two individual pollution demand curves and indicate the levels of pollution (both graphically and numerically) that will be produced by these plants in the absence of regulation.
ECO 530- What are the likely effects of the policy for your selected industry? Will the policy be beneficial to the industry? Will it cause costs to rise? Reduce or increase demand?
proper health and nutrition is of critical importance to the growth and development of young children yet many american
Dorfman is telling us that today, in the U.S., we need to expand capacity in order to experience economic growth. Your job is to decide whether or not that advice is appropriate.
Calculate the effect of the wage subsidy of consumer surplus and producer surplus and What are the equations for the (long-run) expansion paths
What is the purpose of statistical process control? Why is it important?
Report . The rise of China - a new leader for a new world? Provide data for all the questions, graphs , Charts , numbers Please avoid plagiarism
A crane has an initial cost of $150,000 and an estimated useful life of 10 years. The salvage value after 10 years of use is estimated to be $40,000.
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