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Question: Explain the market failure associated with negative externality. Choose an industry from your home country that creates a negative externality. (Hint: this is your case study that you need to describe in details, provide relevant information, use table, diagrams where appropriate).
How does the government address the negative externality in your case study? Explain using economic theory and illustrate it on a diagram. Suggest your ways in which the market failure associated with negative externality can be addressed. Explain using economic theory and a diagram. (Hint: use real life data from your case study).
Identify the market structure your case study belongs to. (Hint: Briefly explain four market structures, and identify the key factors that distinguish them such as number of sellers, type of product, entry conditions, profits and losses in the short and long run. Identify the key characteristics of your chosen case study in relation to the factors used to differentiate between the market structures. Use real data from your case study).
Using your case study, evaluate the efficiency of your chosen industry. (Hint: compare the allocation of resources and market outcomes between your chosen industry and perfectly competitive market structure using theory and real data from your case study).
Calculate MC and then use the same equation to find out the new price. ¦e¦is the absolute value of demand elasticity and determine the breakeven output and total sales revenues and draw the cost-volume-profit chart.
Who were the key actors involved in the decision-making to go to Iraq and how did their ideas evolve?Why were some actors involved and others excluded from the decision-making to go to Iraq and did the exclusion of some actors affect the decision tha..
Take a simultaneous increase in supply and demand curves and discuss what happens to the price and quantity now. Be thorough in your explanations.
Is there sufficient evidence to indicate that whether or not a heart attack patient suffers complications depends on the outcome of the initial ECG? Test using α = .05. Give bounds for the observed significance level.
Emphasize how quality management adapts to change. Construct your annotated bibliography with a minimum of five peer-reviewed articles from the NCU library.
What has been your experience in the workplace? Do you think placing employees in close areas together increases or decrease productivity? In your discussion provide specific examples. Please answer in least 800 words and cite url or references..
What is meant when a monopoly firm is described as a price maker? How is a price maker different from a price taker? Is a monopoly ever a price taker?
Use accuracy score from sklearn.metrics as your evaluation metric. What is the highest accuracy you are able to achieve?
What are these variables and what do they involve? How are they used? How do task-oriented leaders and relationship-oriented leaders fit into this model?
Conduct a VRIO analysis of a successful firm or organization relative to one of its rivals. Contrast the value, rarity, imitability, and organizational aspects of its tangible and intangible resources and capabilities to those of its rival.
Assume that the market price is 42 and that the marginal revenue (MR) is also 42 (it is constant at all output levels). Are they maximizing profits? Why?
Plot graphically the demand and MR curves for each market, and also show GGC's combined marginal revenue curve (?MR) and its MC curve. Show graphically the quantities that should be produced and sold, and the prices that should be charged, in each..
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