Reference no: EM132346084
Question: Your Assignment 5 relates to chapters 17 (Externalities and the Environment) and 18 (Income Distribution and Poverty) respectively.. You will be answering questions related to the purpose of Microeconomics and the applications of concepts for economic measurements.
Your assignment is worth 5 pts, and each of the questions must have at least 200 words per answer supported by more than the textbook reference, it must come from the FNU Library (2 references.) In addition your answers must prescribe to APA format.. You must submit a cover page, each question in a page by itself, and your references page must be also in a page by itself. And, please do not forget to reference your in-text.
Your work will be submitted via "SafeAssign" which is software designed to detect "plagiarism".. It is important that you review/edit your submission and maintain a 30% or lower matching before finally submitting it.
Answer the following questions:
- Explain the difference between fixed-production technology and variable technology. Should the government set a goal of reducing the marginal social cost of pollution to zero in industries with-fixed production technology? Should they do that in industries with variable technology?
- What is the Lorenz curve? What does the Lorenz curve in Exhibit 2 illustrate?
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When must the gain on the sale of the land be recognized
: On November 8, 2018, Power Corp. sold land to Wood Co., its wholly owned subsidiary. The land cost $61,500 and was sold to Wood for $89,000.
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Discuss difference between real gdp and nominal gdp
: Discuss the difference between real GDP and nominal GDP, which is used by economists to measure economic well-being and why. Why is a large GDP a good thing?
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Cooperate information factory and business dimensional
: What is the difference when conduct the ETL with Cooperate information factory and business dimensional lifecycle?
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What amount of raxstons liability should be eliminated
: Kordel Inc. acquired 75% of the outstanding common stock of Raxston Corp. Raxston currently owes Kordel $500,000 for inventory acquired over
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What is the lorenz curve
: Explain the difference between fixed-production technology and variable technology. Should the government set a goal of reducing the marginal social cost.
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What amount should have been reported for the land
: When Jolt Co. acquired 75% of the common stock of Yelts Corp., Yelts owned land with a book value of $70,000 and a fair value of $100,000.
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Explain what action learning sets are and how they work
: Explain what action learning sets are and how they work. Provide two examples of how action learning sets could be used.
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Is kim required to follow any code of ethics
: Let's assume Kim Kardashian is a management accountant that works for a private for-profit organization such as General Electric or Walgreen.
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Feedback on the performance of team members
: How does collecting regular feedback on the performance of team members, from relevant sources assist managers
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