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Question: Consider two ways of protecting elephants from poachers in African countries. In one approach, the government sets up enormous national parks that have sufficient habitat for elephants to thrive and forbids all local people to enter the parks or to injure either the elephants or their habitat in any way. In a second approach, the government sets up national parks and designates 10 villages around the edges of the park as official tourist centers that become places where tourists can stay and bases for guided tours inside the national park. Consider the different incentives of local villagers-who often are very poor-in each of these plans. Which plan seems more likely to help the elephant population?
How does a government agency raise revenue differently from a private company, and how does that affect the way government decisions are made.
why has nominal gdp increased faster than real gdp in the united states over time? what would it mean if an economy had
Adapters for that type of plug are not typically included in adapter sets, so he and his wife weren't able to plug their computers into their hotel's outlets. Hamermesh wondered: "Why does Switzerland renounce the network externalities that would ..
Determine the types of the equilibria for the system above. Use nullclines and the computer to paint the picture of the phase plane for this system.
Consider the term the Ten Principles of Economics and how it's applied to the consumer buying trends?
If Farmer Jones plants no seeds on his farm, he gets no harvest. If he plants 1 bag of seeds,he gets 3 bushels of wheat. If he plants 2 bags, he gets 5 bushels. If he plants 3 bags, he gets6 bushels. A bag of seeds costs $100, and seeds are his on..
Think about a firm and its investments. What is considered to be the normal rate of return? What type of specific cost would this be to a firm?
business economics assignmentquestion 1explain with numeral example that marginal revenue is always lower than the
What was the case about and who was (were) the individuals and companyies involved - when and where did it happen and amount of money involved?
Describe two different aspects in which a monopolistically competitive firm behaves like a perfectly competitive firm - When the possibility of collusion exist
Classify each of the following items as a public good, a private good, a natural monopoly good, or a common resource. Explain your answer.
What are the objectives of any CRM system? What types of companies benefit most from CRM? What were the factors that caused CRM to appear when it did?
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