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Buchanan Industries receives total benefit from polluting according to the formula: π= 10Q-Q^2, where Q= pollution emitted in tons, and profits are measures in dollars. The total damages associated with pollution from this facility are estimated to be D= Q^2 +2Q. (1) What is the deadweight loss associated with Buchanan ignoring the damages that its production causes? (2) Those who live near Buchanan propose that it produce no more than Q=1. What is the deadweight loss associated with this level of production?
suppose exports and imports of a country are given by the followinggdp exports imports2500 400 2503000 400 3003500 400
Assume that securitization combined with borrowing and irrational exuberance in Hyperville have driven up the value of existing financial securities at a geometric rate, specifically from $4 to $8 to $16 to $32 to $64 to $128 over a six-year time ..
on a graph this is demonstrated by a series of hills and valleys corresponding to the expansion and contraction of
Consumers reduce autonomous consumption.
What happens to the scale of firms in the long run What motivates firms to choose the scale of operation that they do How does the market adjust in the long run when firms are earning short-run economic profits
Draw a new production frontier for nation 2 showing the rybcznski theorem for doubling for the amount of capital only.
your finance text book sold 56500 copies in its first year. the publishing company expects the sales to grow at a rate
you need to hire some new employees to staff your startup venture. you know that potential employees are distributed
Determine how does globalization lead to greater competition in market place? Discuss the implications for market structure in industries opened to global competition?
Give at least two examples of a perfectly competitive market and explain what characteristics led you to that decision. Second, give at least two examples of a monopoly market and explain what characteristics led you to that decision.
Suppose that in an economy a $40m increase in consumption leads a $200m increase in national income. Calculate the value of this economy's marginal propensity of save.
the gpi bookstore orders sweaters with the gpi logo on them and sells them for 40 a piece. during a typical month 80
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