An economically efficient level of pollution

Assignment Help Econometrics
Reference no: EM131032510

What do economists mean by "an economically efficient level of pollution"?

Reference no: EM131032510

Questions Cloud

Difference between the count of heads : Keep going. Stop at 240 tosses and again at 480 tosses to record the same facts. Although it may take a long time, the laws of probability say that the proportion of heads will always get close to 0.5 and also that the difference between the count..
A sheet of aluminum foil has a thickness of about 1 mil : A sheet of aluminum foil has a thickness of about 1 mil (a mil is 0.001 inches). Calculate the dB of attenuation of a plane wave that goes through the sheet of aluminum foil, at a frequency of 2.45 [GHz]. Is the sheet of aluminum foil a good shield f..
Write a behavioral vhdl code module : Write a behavioral VHDL code module for a 6-bit up-down counter. If U = 1, and D = 0, the counter will count up, and if U=0, and D=1, the counter will count down. If U = D = 0, or U = D = 1, the counter will hold its state. The counter should also ha..
What are the advantages and disadvantages of a candidate : In running for the party's nomination, what are the advantages and disadvantages of a candidate who has a stronger ideological record?  For example, in the 2012 GOP nomination race, what advantages did Rick Santorum (the stronger socially conservativ..
An economically efficient level of pollution : What do economists mean by "an economically efficient level of pollution"?
Internalize the profit and the cost externalities : Question: Is it always necessary for government to intervene and internalize the profit and the cost externalities? Illustrate your answer using a real world example.
Resource allocations among producers : When consumers do not have enough time or opportunity to aoid price increases, governments can levy sales taxes that distort resource allocations among producers to a smaller degree.
A central bank buys government bonds : If a central bank buys government bonds, what happens to interest rates, aggregate demand, and GDP?  What happens to these variables if it engages in contractionary monetary policy through open market operations?
State lotteries announce a four-digit : The Pick 4 games in many state lotteries announce a four-digit winning number each day. Each of the 10,000 possible numbers 0000 to 9999 has the same chance of winning. You win if your choice matches the winning digits. Suppose your chosen number ..

Reviews

Write a Review

Econometrics Questions & Answers

  How much per vehicle should the toll be to cover

A city engineer knows that she will need $125 million in 4 years to replace toll booths on a toll road in the city. Traffic on the road is estimated to be 5 million vehicles per year. How much per vehicle should the toll be to cover the cost

  What price should be charged for a midsized automobile

You are the owner of a local honda dealership. Unlike other dealerships in the area, you take pride in your "no haggle" sales policy. Last year, your dealership earned record profits of $1.5 million.

  What is the value of equilibrium real gdp

Assume autonomous real investment is $30, autonomous real government spending is $30, and autonomous real net exports is -$20. Compute Aggregate Expenditures at each level of real GDP. What is the value of equilibrium real GDP

  What is evas marginal benefit

Eva runs a small bakery in the village of Roggerli. She is debating whether she should extend her hours of operation. Eva figures that her sales revenue will depend on the number of hours the bakery is open as shown in the table.

  What was growth rate of nominal gdp between 1999 and 2000

Year nominal gdp gdp deflator ( base year 1996) 2000 9873 118 1999 9269 113 a.what was the growth rate of nominal gdp between 1999 and 2000 b.what was the growth rate of the gdp deflator between 1999 and 2000

  Find the best response function for each firm

Consider the short-run situation of a market with three identical firms producing homogeneous outputs. Each firm's total cost function is C(q) = (1/2)q2, where q 0 is a possible output. Market demand is given by Q(p) = 2-2P a. Find the best respon..

  What is the cost of producing an additional 50 cars

Suppose a production possibilities frontier includes the following combinatinos: Cars Washing Machines 0 1,000 100 600 200 0 a)graph the PPF, assuming that is has no curved segments b)what is the cost of producing..

  Should the contractor buy the truck or hire the similar one

A pipeline contractor can purchase a needed truck for $40000. Its estimated life is 6 years, and it has no salvage value. Maintenance is estimated to be $2400/year. Operating expenses is $60/day.

  Find t-calculated values for the respective coefficients

Interpret the following regression equation together with all the supporting statistics where Yt is the number of new cars sold (millions of units), X1t is the disposable income of consumers ($B), X2t is the price of a new car ..

  What will be the equilibrium population share of each type

Consider a population consisting of two types, "cooperators" and "defectors." Each individual interacts with a randomly chosen member of the population. When two cooperators interact, each earns a payoff of 6.

  What is the socially optimal number of years of education

The accompanying table illustrates the marginal benefit to Sian per year of education and the marginal cost per year of education. Each year of education has a marginal external benefit to society equal to $8,000.

  What does iterated elimination of dominated strategies

Consider the "Odd Couple" game. Felix and Oscar share an apartment, the state of cleanliness of which is a public good. It takes 12 hours of work per week to make the apartment spotlessly clean, 9 hours to be livable, and anything less leaves the ..

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd