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A factory benefits from discharging effluent, q, into a lake. The marginal benefit function is given by 60-2q. The pollution causes damages to two nearby communities. The marginal damages to Community A are 1q. The marginal damages to community B are 2q.
a. What is one reason that the damages may be different across the two communities?
Explain the method that you would use in your establishment also explain why you have made this decision.
Compute the premerger Herfindahl-Hirschman index (HHI) for this market. Suppose that any two of these firms merge. What is the postmerger HHI.
If the organization wishes to restore sales to 10,000 per month determine the price they need to charge.
Illustrate what are economic influences which affect the organization in a negative way.
According to Jeffrey Sachs, Illustrate kinds of development assistance can make a difference in Africa, and what role does he anticipate for the developed world.
For an unknown reason, aliens kidnapped all immigrants residing in the US. One morning America wakes up and finds that the only people left in the country are American citizens, while all legal and illegal immigrants are gone.
Investigate the factors behind economic growth in Hong Kong and Singapore; determine the two factors that affect economic growth are capital deepening & technological progress.
In most developing nations, there are long lines of taxis at airports, and taxis often wait 2or3 hours. What does this tell you about the price in developing nations market?
Explain how banks and individuals can use "covered interest arbitrage" to protect themselves when they make international financial investments.
Elucidate and discuss if and how this has changed over the past 5 years. Write a brief description of the fiscal policy of the United States.
Assume the demand and supply for milk are described through the following equations: QD = 600 - 100P; QS = -150 + 150P, where P is price in dollars,
The questions posed are broad and open ended so be careful to allow yourself enough research and planning time.
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