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Explain why equilibrium of supply and demand is desirable and discuss how externalities may prevent market equilibrium and the various governments policies used to remedy the inefficiencies in markets caused by externalities.
If the average cost of fl ood insurance is $460 per household per year, calculate the benefit-to-cost ratio of the levee-raising project. Use an interest rate of 6% per year and a 30-year study period.
How can there be white victims of racial caste? when researchers have controlled for joblessness, what happens to violent crime rates between young black and white men? what is the evolution alexander refers to on page 207?
A multinational visit administrator office has increased new business development in the North American business sector using online networking. Its operation has extended by half inside six months and the organization requires an upgraded informa..
Explain why do you think we have laws that prohibit discrimination in pay based on sex or race but permit employers to discriminate in pay based on education or experience.
Prepare a memo to the managing director that explains the different vehicles available that can be used for each of the Minimize income tax
Different nations answer the what, how, and for whom questions differently. China for instance, builds dams using many workers and only a little capital equipment.
During the late 1980' and early 1990's, economic reforms initiated by Soviet President Mikhail Gorbachev began to raise consumer incomes; but the Soviet government continued to impose price ceilings on basic goods like food, clothing and household..
Suppose that you are on a desert island and possess exactly 20 coconuts. Your neighbor, Friday, is a fisherman, and he is willing to trade 2 fish for every 1 coconut that you are willing to give him. Another neighbor, Kwame, is also a fisherman, a..
You are the lead economic advisor for the United States and asked how to best stay on the path toward long run economic growth.
Suppose that the software market currently has only one firm operating - microhard. A new firm Newvell could enter the industry.
A circular flow diagram that includes the government sector. For this part of your paper, you should include a description of the roles that each participant plays in the economy and how the different sectors interact in the markets.
Calculate the equilibrium price/output solution and Determine the loss in consumer surplus due imposition of a $4.40 per bushel price support program. Explain your answers well.
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