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Question: Suppose the figure to the right represents the production of a manufactured good. Production of this good generates volatile organic compounds, which are a type of air pollution. As a result, the cost of production to society is greater than the private cost of production. The marginal private cost of production is represented by MC 1 and the marginal social cost is represented by MC 2 . Suppose the government decides to impose a Pigovian tax to bring about an efficient level of output. What size should the tax be? The government should levy a tax of $ nothing per ton produced. (Enter your response as a whole number.)
Why industry experiencing constant returns to scale is just the right size. Explain why pharmaceutical industry is characterized by large economies of scale.
mullineaux corporation has a target capital structure of 70 percent common stock 5 percent preferred stock and 25
Calculate producer surplus for the market in equilibrium above. Calculate deadweight loss for this situation. Calculate producer surplus for this situation.
Why might covered interest parity fail to hold when deposits issued in different financial centers are compared?
They raise the price to $4.50 and sell 170 each day. Calculate the elasticity of demand and explain if they should maintain the new price or change it
a subsample from the current population survey is taken on weekly earnings of individuals their age and their gender.
Econ202- After you play the game write a response discussing what aspects of trade this game showed. Also discuss the kinds of restrictions on trade coutries use with each other and how they affect the market.
The Port Authorities of New York and New Jersey estimate that the annual net revenues for the George Washington Bridge (GWB) will total $13M by the end of this year (t=1). At the end of three years (t=4) you expect a toll increase of 10%. Revenues wi..
What would be the accounting impact of changing the supplier (identify specific accounts impacted)? Provide support for your opinion.
Susie says that today such a house costs $ 220,000 and such a jacket costs $ 70. The CPI in 1938 was 14.1 and in 2008 it was 215.3. Which house and which jacket have the lower prices?
a assume that the consumer price indexnbsp cpi for the period 2004 -2008 has the following valuesnbspnbspnbspnbsp
You are expected to prepare one such paper during the term relating the concepts found in the chapters of modules A, C, D or E to real world business happenings. Each student will be randomly assigned to one of the modules for which notificatio..
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