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Question: Consider the fireworks example from class on a public good.
a. Illustrate graphically and numerically why moving from the equilibrium quantity of 2 fireworks to the efficient quantity of 3 fireworks produces a potential Pareto improvement even if only one individual must always pay for the fireworks.
b. Now propose a cost sharing arrangement between the two individuals that creates a Pareto improvement when moving from the equilibrium to the efficient level.
c. Construct an argument showing how 3 fireworks in Pareto efficient.
Given its vast financial resources, firm A is risk neutral. Should firm A undertake the $200 million R&D effort?
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your grandmother heard you were studying economic and decided to make use of your knowledge. she is selling her house and wants to know what price to ask for her well kept house in a growing neighborhood you need more information; what did it cost..
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twenty-five thousand shares reacquired by elixir corporation for 53 per share were exchanged for undeveloped land that
The specific structure of a U.S. corporation's charter and bylaws is constrained by:Corporate governance refers to aspects of the corporation such as ,If a firm purchases a part of its supplies on the open market this is called :
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