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1. Suppose a dose-response function has been estimated to beR= -0.2 + 1.6D,whereD is emissions of sulfur dioxide in parts per million (ppm), andR is theresponse measured as percent of agricultural crop decline. Determine if there is athreshold, and if so, what is the threshold? If there is none, explain how you know.
2. Suppose you are using risk-benefit analysis to evaluate a policy aimed at limitingthe use of a pesticide applied to grain crops. Describe the risks and benefits thatwould have to be estimated to conduct this analysis properly.
How big will that budget have to be before he would spend a $1 buying a first cup of coffee?
consider the production function ql12k2.a what is the expression for mrtslk given this production function?b does this
With the price so low, some growers plowed over their strawberry plants to make way for spring melons; others froze their harvests and sold them to juice and jam makers. Explain how the market for strawberries would have changed if growers had not..
a. market equilibrium requires that other influences other than price be held constant. why might the existence of
Draw a diagram showing how the market equilibrium will change if the marginal social costs of a polluting production activity are included rather than just the marginal private costs of that activity.
a. Solve for the equilibrium level of income.b. Calculate the government spending and tax multipliers.
Most spells of unemployment are short, and most unemployment observed at any given time is long term. How can this be?
If the firm wants to produce one unit of output at minimum cost, how much should it produce in each plant? If it wants to produce two units of output?
your company wants to increase revenue and has asked you to work on a project to determine whether the demand for a
What are the external costs of driving a car?
Draw two diagrams, side by side with the money market diagram for Denmark on the left and the expected return in krone / exchange rate diagram on the right hand side.
The demand in Japan for new automobiles is elastic and sensitive to market prices. Given that, describe the effect of each of the following on the quantity demanded or the demand for new autos in Japan
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