Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
1. Write a short essay on the nature and possible causes of Market Failure (or situations under which markets do not produce the ideal volume of output).
2. Write a short essay on externalities and the so-called Coase theorem. As part of your answer make sure that you discuss the circumstances under which private markets are most likely to come up with effective solutions to the problem of externalities.
3. With the aid of diagrams write a short essay comparing and contrasting the nature of the market demand for a private good with the nature of the market demand for a public good. In this context, discuss the problem of deciding on the optimal quantity of public goods provided.
4. Write a short essay explaining why, for some public goods, neither the private sector, nor the government are really capable of providing an optimal quantity of these goods.
5. With the aid of some examples, write a short essay on the so called ‘tragedy of the commons'.
Find the budget allocation that generates the greatest total benefits
Discuss how anti-trust laws promote competition and what might be done to improve existing anti-trust laws. Provide specific examples to support your response.
Why did the insurance company raise the rates so much? How would you estimate a fair insurance rate and how were the paybacks structured and how might they be restructured to entice you at an equal or lower cost of insurance? How does the program i..
Evaluating the pros and cons of multinationalization; and the even more general issue of risk vs, return as manifested in "diversification" on economic activities. Discuss both of these aspects.
1. For this problem assume that the economy is initially at potential. Inflation is 3% and the real interest rate is equal to the marginal product of capital, which is 4%. As well, when the economy is at potential unemployment is 5%. Final..
Analyze each macroeconomic model discussed in Chapter 13 to determine which model you believe is viable across the greatest number of economic situations. Explain your rationale.
2. Jim is a janitor working for a cleaning company which receives $500 from each company that hires them for keeping the company's employee restrooms clean for a period of one month. Jim is paid $2 for each bathroom he cleans and pays for his own sup..
Thomas Malthus’s gloomy predictions for the future of humanity led ‘economies’ to be called a ‘dismal science’. Show either through the mathematics of production functions or intuitively.
Now go back to your original LR equilibrium position in the diagram. The price of oil rises. What do you expect to occur on your diagram in the SR and the LR? What happens to the MPK and MPK in these cases due to the oil price rise? If you want yo..
Why was/were the firms investigated for antitrust behavior and identify some of the costs (pecuniary and nonpecuniary) associated with the antitrust behavior.
Explain why in a monopolistic industry, if demand and cost curves are the same as those of a competitive industry, and if the demand curve has a negative slope and the supply curve has a positive slope, then monopoly output will be lower and price..
In their song "Homeward Bound", Simon and Garfunkel talk about a singer on the road who has grown tired of the road. In part they say: Everyday's an endless stream Of cigarettes and magazines And each town looks the same to me The movies and the fac..
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd