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a. To help fight the problem of nonpoint source pollution associated with agricultural runoff, your state is contemplating charging an annual fee of $500 to every seller of pesticides. If this fee is to achieve an efficient solution, state specifically according to externality theory
(a) what the $500 fee must represent and (b) in which market.
b. Illustrate graphically, labeling where and how the fee is imposed.
Draw the world relative supply curve RS for good X. Label all the axes (relative price of good X on the vertical axis and world output of x relative to y on the horizontal axis) and the relevant points.
a perfect competitive firm faces a market price of 10 for its output x. it owns two plants a and b whose total costs
consider the following game there are 5 pirates on a boat conveniently named p1 p2 p3 p4 and p5. these 5 pirates have
The EPA is considering new regulations to reduce mercury emissions from power plants. Rank the following policies in order of how well they encourage electricity producers to innovate and design cheaper ways to reduce mercury. [Assume technolo..
Classify all manufacturing costs and selling and administrative expenses as either variable or fixed and prepare a contribution margin income statement separating all variable and fixed costs into their own categories.
your firm produces two products q1 and q2. an economic consulting firm has estimated your cost function to be c q1 q2
loren has a 200 annual calender year deductible on her health insurance plan. by the end of 2012 she had paid 175 in
what are the differences between real and nominal rates? explain why this is important to induce action on the part of
in what way the US trucking industry exemplified the capture theory hypothesis of government regulation prior to the passage of the Motor Carrier Act of 1980 and the result of hte passage of the Motor Carrier Act in 1980.Determine whether the Justi..
A firm can choose the optimal usage of input to maximize the profit by employing the amount of input where
Allison's Auto Art is a company that applies pinstripes to vehicles. Allison's cost for a basic 1-color pinstriping job is $35, and she charges $95 for this service. For a total price of $175, Allison will apply a fancier 3-color pinstripe applicatio..
What are the respective amounts in the total money supply for the United States - what are the primary functions of the Fed?
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