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!
The private marginal benefit associated with a product's consumption is PMB=360-4Q and the private marginal cost associated with its production is PMC=6Q. Furthermore, the marginal external damage associated with this good's productions is MD=20
A. How many more units of this product will the free market produce than is socially optimal?
B. Calculate the deadweight loss associated with the externality.
C. To correct the externality, the government decides to impose a tax of T per unit sold. What tax T should it set to achieve the social optimum?
An individual likes owning cars is better. In order to own a car, an individual must have a 1:4 ratio of frames to tires.
The price elasticity of demand for Pete's chocolate chip cookies is 1.5. Pete wants to increase his total revenue. Would you recommend that Pete raise his cost or lower his cost of cookies. Explain your answer.
Determine the impact on the economy if the central bank in U.S. used inflation targeting.
Suppose that people expect the Fed to hit its inflation target. A: Calculate the optimal money growth rate needed for the Fed to hit its inflation target in the long run.
Why might variations in the dollar's value in terms of other currencies cause the trade deficit to move independently from the changes in the government budget deficit.
What is the equation of marginal costs? At what level of output are average total costs at their minimum?
what should you do when the manager of a perfectly competitive firm whose short run cost is TC = 100 + 160Q + 3Q2. If the market price is $196.
The regression results are presented on the next page. Based on this information, which proposal would you favor.
what percentage of assets do commercial banks hold in loans? what percentage of assets are held in mortgage loans?
Elucidate what is michelle's opportunity price of producing 200 potatoes in a year. what is michelle's cost of producing 50 chickens in a year.
Show why this equilibrium point is unique, i.e. if we are not at point E, illustrate what would happen in this economy.
How do we deter free riders? What is the cost (to society) of free riders? Give an example of a public good that has a large amount of free riders. How can we change this?
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