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In the U.S., landowners have the mineral rights to all minerals that might be found under their property (e.g, oil and natural gas). In most European countries, the government, not the property owner, has the rights to any minerals found in the ground. Fracking occurs in several U.S. states, but remains unpopular in Europe. If national governments in other nations agreed to share the profits from fracking with the landowners on whose property the drilling takes place, how might that change attitudes toward the fracking process?
Please describe the four growth theories covered, and for each list at least one implication for development to the extent the theory is correct. Which model seems most relevant to you and why?
The head of the accounting department at a major software manufacturer has asked you to put together a pro forma statement of the company's value under several possible growth scenarios and the assumption that the company’s many divisions will remain..
how would you treat the possible future costs of a lawsuit that may occur as a result of this project, where the cost of the lawsuit might range from $10,000 to $500,000 with an associated probability distribution?
3. assume a monopolist who sells a product with a total cost function c -100q 15q2. the market demand is given by the
How to show effects on consumer/producer surplus by opening up to trade?
Sort the list below according to whether or not an item is an assumption made under perfect competition (aka pure competition or competitive industry). Assumed in perfect competition. Not assumed in perfect competition.
What is the difference between price ceiling and a price floor? If a price ceiling for a good is set below the market equilibrium, what will happen to the quality and future availability of the good? Explain.
Of the six possibilities, which entry-deterring behavior is most often used? Explain why you think that strategy was chosen most often? If you were the CEO of a firm, which entrydeterring behavior would you prefer to use? Explain, and be specific.
If a firm’s output is produced according to Q = 4LK, the price of K is $10, and the price of L is $40, what is the cost-minimising combination of K and L capable of producing 64 units of output? The cost-minimising quantity of K is? The cost-minimisi..
Consider the argument made by Thad Williamson, article 3.4 in Real World Micro . Does "more" make us happier? If not, then why do we produce more? In your answer, consider the difference between the circuit of production under capitalism and that..
The United States is a large open economy with a trade deficit. Use the appropriate graphs to illustrate and then state what the equal increases in taxes and government purchases would do to each of the following in the long run: national saving, the..
Explain why temporary and permanent fiscal expansions do not have different effects under fixed exchange rates, as they do under floating exchange rates.
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