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Assume that the product depicted below generates external costs in consumption of $3 per unit.
(a) What is the market price (market value) of the product?
(b) What is the socially optimal output?
(c) By how much does the market overproduce this good?
Find the present-value equivalent to the following geometrically increasing series of payments.
Review Netflix 2013-2014 balance sheet, income statement, statement of stockholders' equity and statement of cash flows. Pay particular attention to sales and net income for the last two years. Comment on 2-3 items that you find remarkable on any of ..
You're the manager of xyz inc. also must decide Elucidate how much output to maximize your firm's profit.
The following is a labor supply function: Wage per hour Quantity of Nurse Supplied $2 1 4 2 6 3 8 4 10 5 12 6 Nurses are used by the clinic to provide clinic visits.
if you deposit $1000 now, $3000 four years from now follows by five quartely deposite decreasing by $500 per quarter at an interest rate of 12% per years compounded quartely. how much will you have in your account 10 years from now?
The Microsoft Case Microsoft Monopoly--Why was Microsoft investigated for antitrust behaviour.
Illustrate what metrics would you propose to help in making the determination. Elucidate what historical data might be useful.
To counterac the recent crisis, the Federal Reserve has increased the monetary base by trillions of dollars. However, the total money supply in the economy has not increased significantly. Explain this paradox using the model of money supply.
This exercise discusses properties of the Cobb-Douglas production function and its use in the Solow model.
Suppose that $2700 is set aside each year and invested in a savings account that pays 10% intrest per year, compounded continuously. Determine the accumulated savings in this account at the end of year 24
Write equations for APL and MPL and graph them on the same set of axes. b. At what level of L is MPL at its maximum level? At what level of L is APL at its maximum level?
Consider a small country that is an exporter of good X. Suppose the government imposes a tariff on imports of good X. Using one graph, showing demand and supply of good X in the home country, carefully illustrate the effect of a tariff imposed by the..
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