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1. In many jurisdictions, regulators and firms have introduced demand-side management (DSM) and conservation programs. These programs are designed to encourage consumers to reduce their consumption of electricity, especially in peak periods. For instance in the City of Calgary, Enmax-the municipal-owned electricity supplier-has used an advertising campaign to try and convince con- sumers to reduce their power consumption during the "electricity rush hour." Other aspects of such programs include encouraging consumers to switch to alternative technologies by subsidizing the use of energy conserving appliances, light bulbs, etc. Are DSM programs substitutes for peak-load pricing? Under what circumstances are DSM programs socially inefficient? Efficient?
Explain the positive benefits and negative aspects, respectively, of HMO managed care from the provider's point of view-a physician and a healthcare facility-and from a patient's point of view. Which socioeconomic group is likely to benefit the mos..
a how would a regular lm curve be affected if the private sector demand for money balances increased following
"Sweep" accounts are combination checking/money market accounts which large banks currently offer to their corporate customers. These accounts sweep just enough funds out of the money market portion of the account to prevent checks written on the ..
Economists call the pursuit of a transfer of wealth through government at someone else's expense:The primary force encouraging the entry of new firms into a purely competitive industry is: The field of economics that analyzes government decision maki..
Elucidate the macroeconomic and microeconomic concepts and how they relate to the management of a global organization.
Suppose you tested svereral Firestone tires also recorded their failure times. Decided taht failures are normally distributed.
consider a closed economy with full-employment output y 2100. government purchases are given by g 200 and lump-sum
Use this information to calculate the price elasticity of demand for Model T Fords. Use the midpoint formula in your calculation.
What is the crowding out effect A reduction in private spending as a result of higher interest rates generated by budget deficits that are financed by borrowing in the private loanable funds market.
A piece of equipment used for research is purchased for $870,000 and is to be depreciated over a specific period of time. If the salvage value at the end of its depreciable life is $50,000, show the yearly depreciation using a) Straight line metho..
A good which if supplied to one person is supplied to all and whose consumption by one individual does not prevent its consumption by another individual is known as: a private good. a public good. an external good. an internal good.
If the transaction is included, determine which component of final expenditure it represents. If the transaction is excluded, explain why - Calculate nominal GDP in years one and two and calculate real GDP in years one and two assuming that year o..
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