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If you consider about the welfare of people via carbon emission, solution you think is to impose carbon. Would it be imposed on only private sector or both private and public sectors (since bus, train and plane are services of public sector, it also release pollution). If you impose only private sector, should it be seen as inequality? If impose on both sectors, does it hurt consumers through higher price? What will you suggest government to do?
This grazing land was for whole town and families could allow their flock of sheep to graze free of charge. Why is it that grazing land was not protected by individual families.
The German Consumer Price Index was 121 in 2010, and it was 87 in 1998. If you put aside $8,014 in 1998, then how much would you need in 2010 to buy what you could have bought with the $8,014 in 1998?
(Arbitrage) A supplier is selling hammers in two cities, Pleasantville and Happy Valley. It costs him $5.00 per hammer delievered in each city. Let p1 be the price of hammers in Pleasantville and p2 be the price of hammers in Happy Valley. Assuming t..
From California to New York, legislative bodies across the United States are considering eliminating or reducing the surcharges that banks impose on noncustomers, who make $14 million in withdrawals from other banks’ ATM machines. Estimates suggest t..
What is the law of comparative advantage? How do you use it to support free trade in the world? What international institutions were created and how have they worked to liberalize international trade?
Describe the organizational structure of your selected organization. Evaluate and difference that structure with two different organizational structures.
With some services, e.g., checking accounts, phone service, or pay TV, consumers choose between two or more payment plans. One can either pay a high entry fee and get a low price per unit of the service or pay a low entry fee and a high price per uni..
Give two examples, the first of a case where firms have a particular advantage over markets in coordinating economic activity, and the second where firms have a distinct disadvantage
What is the marginal rate of substitution (MRS) and why does it diminish as the consumer substitute's one product for another. Use examples to illustrate.
q.consider a market with demand q 10 - p. currently there is an incumbent in the market with capacity k. there is a
Aerospace contractor have four employees whose combine salaries through the end of this year are$250000. if the contractor expects to give an average raise of 5% each year, calculate the present worth of the employees' salaries over the next 5 years...
What is the equation of the supply curve if input prices are $10 and the price of Z is $20? Graph the supply curve that you found in part a) showing intercepts and slope. What is the minimum price at which the firm will supply any of good X at all?
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