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Q1. Suppose that bargaining as envisioned by the Coase Theorem can take place, and that the homeowners initially hold the right to a pollution-free environment. What quantity of widgets (Q) will be produced per day? Which party will pay the other? What is the range of possible payments i.e., the minimum and the maximum that would be paid?Q =
Who pays?Range of payments:
Q2. What is the difference between a production function and an quant? Explain the law of variable proportions with the help of quant.
A New York Times editorialist recently advocated a cut in the payroll tax.
q1. if the marginal cost of planting and harvesting an acre is 7000 per acre for each of the five acres how many acres
Explain the solution to the firm's cost-minimization difficulty ever occur off the iso-quant representing the required level of output.
Was the movies examples "Real World" and presented without any particular bias? Was anything really memorable about the films?
The law of diminishing returns applies to which of the subsequent segments of the marginal product of labour curve.
What is happening to the value of the U.S. dollar these days? What causes the value of the U.S. dollar to rise or fall? Who demands U.S. dollar? Who supplies U.S. dollar?
Illustrate why the store's short-run equilibrium by plotting demand marginal revenue, average total cost,and marginal costs.
Explain why do people routinely stuff themselves at â. all-you-can-eat-buffetsâ. Elucidate in terms of both utility and demand theories.
Assume you have 5 uneven payments to make and you want to know what you will be paying at 10% per payment (year) on this uneven payment.
A federal government agency that purchases certain types of home mortgages, buys U. S. Treasury bonds from another government agency, elucidate how would this affect the net public debt, other things being equal.
illustrate what is cost of each combination. Illustrate what is minimum-cost combination. Plot iso-cost curves and isoquant, explain how cost-minimizing combination.
Elucidate why these companies oppose laws allowing reimportation of drugs to the United States.
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