Externalities, Microeconomics

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What are corrective taxes? Why do economists prefer them to regulations as a way to protect the environment from pollution. Discuss

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Elasticities of demand, The price of a laptop increases by 20% and there is...

The price of a laptop increases by 20% and there is a 40% drop in the quantity demanded.

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what is marginal costs?

Calculate price and average total cost atc, 1. Through graphs describe the ...

1. Through graphs describe the relationship between the price, P , and the average total cost, ATC , for a firm in perfect competition when it earns an economic profit; earns a n

Price of lending money, Interest: A lender charges interest as the price of...

Interest: A lender charges interest as the price of lending money (or some other asset) to a borrower. Interest is mainly charged as a specified percentage of the loan's value, per

Employee communication, Employee Communication More widely called int...

Employee Communication More widely called internal communications, employee communication is must in retaining a happy and productive workforce. Internal communications to e

Production function for wheat, Production Function for Wheat *  Farmers...

Production Function for Wheat *  Farmers should choose between a capital intensive or labor intensive technique of production. Isoquant Describing Production of Wheat

What is opportunity cost, What is opportunity cost?  Answer:   Opportun...

What is opportunity cost?  Answer:   Opportunity cost is a term used in economics, to mean the cost of something in terms of an opportunity foregone (and the advantages that co

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