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Question: A spring runs under a village. Everyone can sink a well on her or his land and take water from the spring. The following figure shows the marginal social benefit from water and the marginal cost of taking it.
What is the quantity of water taken and what is the private cost of the water taken?
how do these factors affect the elasticity of demand and what would happen if there was a change in these factors
Write a paper about the chapter The Triumph of Utilitarianism: The Economics of Jevons, Menger, and Walras. I need to write 13 pages about one chapter of my economic class.
In 1875, real GDP per capita in Country A is $800 and it is $3,200 in Country B. The average annual growth rate in Country A is 2 percent per year while it is 1 percent per year in Country B. In the year 2015, the levels of real GDP per capita:
in a perfect competition market a firms variable cost includes all the costs that vary with the quantity produced. it
An industry consists of three firms with sales of $300,000, $700,000, and $250,000. Calculate the Herfindahl-Hirschman index (HHI). Calculate the four-firm concentration ratio (C4).
Assume the marjet for oranges is perfectly competitive. If the demand for oranges increases, will the market supply additional oranges?If the demand for oranges increases, the market...
Suppose the government imposes the following kind of sales tax: there is no tax for selling the first 35 units, but for selling every unit beyond the thirty-fifth unit, the seller has to pay the government an additional $12. What is the new optimal p..
What type of supervisor do most employees like to work for? Would they select a traditional, innovative, or supportive supervisor? Do you believe that employee personalities may influence what type of supervisor is favored?
Why should a government be concerned with the pricing of products that a company transfers to an affiliate in another country? Please explain in terms of taxation and exchange rates.
How is external debt repaid, i.e., where do the funds come from to repay external debt?
Let the total energy of signal x(t) be denoted by Ex. Find the total energy of y(t) = Ax(at + b) in terms of Ex, where A, a, b are some constants and a does not = 0.
Consider a supplier of agricultural equipment who is deciding how much of two products should be produced by his firm. You determine what the two products are.
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