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Question: Please answer the following questions:
1) Explain what is meant by positive externalities.
2) Describe how an under allocation of resources occurs when positive externalities are present and how this can be corrected by government action.
3) Solve the following using this graph: PositiveExternalities.pdfPreview the document
Calculate the potential benefits to society at equilibrium?
4) What are the potential benefits to society after Government increases subsidies by $2.00?
5) Start at equilibrium. What are the potential benefits to society after Government increases taxes by $0.50?
6) How much in terms of quantity must consumers demand more to gain all the benefits to society?
Which the vaccine reduces the probability of catching the disease (what is usually reported in the press), or the absolute amount.
How has technology changed the trajectory of this behavior, if at all? Please use propaganda material from an organization associated.
In the business cycle, when is "deflation" most likely to occur? a. As GDP rises b. During a recession
explain how banks are financial intermediaries. what are reserves? what are excess reserves? explain how the fed can
Discuss the single biggest competitive advantage a firm in such a market could have. Explain your rationale
Identify the mistakes made by the sponsor(s), leader(s), and team members or others impacted by the decision during the implementation of the decision.
Employing the new factory would ultimately reduce average total cost and the present value of the gain from employing the new factory must be less or equal to $50 million.
The main difference between perfect competition and monopolistic competition is, rices under an ideal cartel situation will be equal to
The signature T-shirts Company
Explain the meanings of stability and the complexity of environmental changes, and how to evaluate their uncertainty with examples. How can corporations adjust to the changing environment in general?
Discuss this statement fully and explain why knowledge of elasticities may be helpful to managers when making pricing decisions.
The minimum wage is a price floor in a mar- ket for labor.The government sets a minimum price per hour of labor in certain markets, and no employer is per- mitted to pay a wage lower than that. Go to the Depart- ment of Labor's minimum wage Web pa..
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