Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Two firms are ordered by the federal government to reduce their pollution levels. Firm A's marginal costs associated with pollution reduction are MC = 30 + 6Q. Firm B's marginal costs associated with pollution reduction are MC = 24 + 12Q. The marginal benefit of pollution reduction is MB = 400 - 4Q. Assume the marginal benefit pollution reduction applies to the overall level (for the two firms combined) and not to each firm separately. What is the socially optimal level of each firm's pollution reduction? Compare the social efficiency of three possible outcomes: Require both firms to reduce pollution by the same amount. Charge a common tax per unit of pollution. Require both firms to reduce pollution by the same amount but allow pollution permits to be bought and sold.
Calculate and describe the Nash equilibrium (quantities, price and profits) in the game in which both firms choose their quantities simultaneously.
In the market for foreign-currency exchange in the open-economy macroeconomic model, which of the following does the amount of net capital outflow represent?
Consider two firms, located at each end of a street of length 1. There are customers uniformly distributed along this street. Customers incur transportation costs TC = 2x2, where x is the distance they need to travel in order to purchase the product...
After September 11, 2001, there was much talk that the United States was going to go into a depression. There was, in fact, a downturn in the economy that was considered by many to be a recession. A depression did not occur. Why is another depression..
The Canadian economy is starting from equilibrium. The following shocks then hit the economy in order: interest rates rise, business taxes increase, and there is an expectation among consumers that there will be a severe increase in inflation over th..
The Dow Jones Transportation Average (DJTA) is an average of the share prices of 20 transportation companies. According to the “Dow Theory,” demand for goods is reflected in the amount of cargo carried by transportation companies and delivered to con..
Firm A and Firm B are competitors in the same industry. The two firms have similar operating costs, except Firm A has more fixed operating costs than Firm B. As a result, which firm would experience a greater change in operating income as the result ..
Suppose that Elsa's preferences over baskets containing gasoline (good x), and food (good y), are described by the utility function U (x; y) = xy + 100y. The marginal utilities for this function are, MUx = y and MUy = x + 100: Use Px to represent the..
Why do economists insist on emphasizing the difference between money and income? Why is this difference important in macroeconomics?
The United States currently has an “opt-in” system for organ donations from the deceased. People must explicitly choose postmortem donation ahead of time (as when they obtain their driver’s license). Many other nations have “opt-out” systems:
Depends on the evidence in this article and what you know about the economy in the United States, decide which of these statements is most likely to be true.
When derivative contracts on standardized and traded on an exchange:
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd