What is the best way to deal with pollution

Assignment Help Microeconomics
Reference no: EM13667656

Pollution is a negative externality that the government attempts to correct by using a variety of means.

Public education is a positive externality that the government attempts to correct by using a variety of means.

Based on our reading for the week address these externality issues.

Please respond to all of the following prompts:

  • What is the best way to deal with pollution and / or global warming (climate change)? Why?

•What is the best solution to the problems in education that exist today in the United States? Justify your answer using economic analysis.

 

Reference no: EM13667656

Questions Cloud

An ordinary glass is full to the brim : An ordinary glass is full to the brim with 359.0 mL of water at 100°C. If the temperature decreased to 22°C, how much water could be added to the glass?
Was it a positive externality or a negative one : Was it a positive externality or a negative one?
What is the turntables angular velocity : A 2.0 kg, 20-cm-diameter turntable rotates at 100 rpm on frictionless bearings. Two 500 g blocks fall from above; hit the turntable simultaneously at opposite ends of a diagonal, and stick. What is the turntable's angular velocity, in rpm, now after ..
An am radio station broadcasts isotropic ally : An AM radio station broadcasts isotropic ally (equally in all directions) with an average power of 3.20 kW. A dipole receiving antenna 65.0 cm long is at a location 4.00 miles from the transmitter. Calculate the amplitude of the emf that is induced b..
What is the best way to deal with pollution : What is the best way to deal with pollution and / or global warming (climate change)? Why?
What is the fundamental frequency : A standing wave interference pattern is set up by radio waves among two metal sheets 6.20 m apart. This is the shortest distance among the plates that will produce a standing wave pattern. What is the fundamental frequency?
Does a speeding missile possess force : The Earth pulls down on you with a gravitational force that we call your weight. Do you pull up on the Earth with the same amount of force? Explain a few examples in which the force of friction exerted on an object is in the direction of motion of th..
What is the loss in producer surplus : Assume that Qd = 80-2P and Qs = 2P-20. If the government imposes a price ceiling at $15 in this market, what is the loss in producer surplus?
Discover the focal length of a lens : Discover the focal length of a lens that produces an inverted image three times the size of a small object placed on the optical axis, 44.0 cm from the lens.

Reviews

Write a Review

Microeconomics Questions & Answers

  Explain math and science tutoring services

If the Online Tutoring decides to sell its tutoring services individually, what should it charge for math tutoring? What should it charge for science tutoring?

  What will happen to the equilibrium price and quantity

Suppose you are studying the market for shoes. Two events take place simultaneously. First, price of leather decreases, and second, consumers' income increases. What will happen to the equilibrium price and equilibrium quantity of shoes

  Describe the relationship between price elasticity of

explain the relationship between the price elasticity of demand and total revenue. what are the impacts of various

  In what sense does the so-called phillips curve represent

In an up-coming textbook chapter you will learn that wages reflect the productivity of labor. That is, higher productivity brings higher wages, and vice versa. How do the readings in this group cast doubt on this morsel of theory.

  Look at an economy with two consumers a and b and two goods

look at an economy with two consumers a and b and two goods x1 and x2. let the two consumers preferences be described

  Discuss the definition of trade dress. discuss the elements

What is "trade dress"? What is the major factor in cases involving trade dress infringement? Does that factor exist in this case? Justify your answers using information from your reading and be sure to

  1 consumer surplus is nota the value of a good minus the

1. consumer surplus is nota. the value of a good minus the price paid for it summed over the quantity bought.b. greater

  What determines the strength of a firms demand

Why do firms demand resources? In what way is a firm’s demand for a resource a derived demand? How does this differ from consumers’ demand for final commodities?

  There is not enough information to answer the question

Suppose that an MBA degree creates no externality because the benefits of an MBA are internalized by the student in the form of higher wages. If there are no government subsidies for MBAs, then which of the following statements is correct

  Calculate the equilibrium price and quantity in market.

The market supply and demand functions for a product traded on a perfectly competitive market are given below: QD = 40-P QS = -5 +4P. Based on this information, calculate the equilibrium price and quantity in this market.

  Why the material prices are not expected to go up

Westside Plumbing and Heating Company is offered a contract for $100,000 to provide plumbing for a new building. The labor and equipment costs are calculated to be $60,000 for fulfilling the contract.

  What would happen to the equilibrium price

What would happen to the equilibrium price and quantity of lattes if the cost to produce steamed milk, which is used to make lattes, increased, and scientitsts discovered that lattes cause heart attacks

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!

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