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"The Coase Theorem" Prepare a 2-3 page paper using APA format discussing how the Coase Theorem provides an alternative to government regulation and provision of services. How is the definition of private property a critical part of this analysis?
The Nature of Firms and Their Costs - What Determines the Size of the Firm?
“A subsidy may provide import-competing producers the same degree of protection as tariffs or quotas but at a lower cost in terms of national welfare.” Discuss – in what sense
Determine the difference in the present worth values of the following two commodity contracts at an interest rate of 8% per year. Contract 1 has a cost of $10,000 in year 1; c
If an economy's productivity increases by 10 percent but the number of workers declines by 5 percent a year, how will the output change per year? (Round to hundredth percent
When price of gasoline increases significantly, why should the market price of small automobiles (e.g. Mini Cooper, Smart Car, etc.) also increase? In addition to showing the
Monopoly is inefficient as it charges prices higher than marginal costs. Is it feasible for the government to regulate a natural monopoly by setting prices equal to marginal c
Why are coal miners in China paid higher than factory workers even though they have received more or less the same level of education and training? Why are workers with good l
Where P is the price of beer, PN is the price of nuts, and I is average consumer income. What happens to the demand for beer when the price of nuts goes up? Are beer and nuts
“The high price of gasoline is hurting our economy” said Mark Kirsch, a trucker in April of 2008 when Gasoline prices were at all-time highs due to $100/bbl. + oil prices. “It
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