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Recycling paper is often praised because it allegedly (ostensibly) helps to preserve forests. Under which assumptions is this a sound economic argument? Are these assumptions realistic? What happens if they are abandoned? An addendum: Assume there are two alternative ways of using land: growing trees and growing peanuts. What effect has recycling on the price of peanuts? Now turn to ivory. Trading ivory is prohibited. Does this help or hinder the preservation of elephants? Why does the situation differ from the argument in favor/against recycling?
Models such as moving average, exponential smoothing, and linear trend use only:
Suppose market demand for oranges is given by QD = 40 - 2P where QD is quantity demanded and P is the market price. Market supply is given by QS = 4+P where QS is quantity supplied and P is the market price. Equilibrium price is 12 and quantity is 6...
Explain underlying basis for foreign direct investment and discuss several factors that may contribute to it. What factors have likely contributed to current U.S. net direct investment position.
Take a sample of thirty households from two counties A and B and collect data on their incomes for the past month. The information obtained (in thousands of dollars) and their corresponding frequencies is given below:
An asset has a first cost of $20,000, O&M cost of $600 which increases $100 per year after the first year, salvage value of $5,000 and a life of 6 years. At the interest rate of 5%, what is the present worth and the future worth?
Does consumer surplus increase due to this price ceiling. Does social welfare increase as a result of the price ceiling.
The Federal Reserve uses the federal funds rate as an operating target because
When you buy 100 shares of IBM it is an investment according to economists. If consumers have few durable goods, this will lower the C line, all other things equal. A corporation is a legal person separate from the owners. Investment is more stable t..
After accepting your recommendation not to pursue the 2024 Olympics (hint, hint), Mayor Strange comes to you with another idea. The Jacksonville Jaguars are considering moving to Montgomery. They have said they will do so if the taxpayers of Montgome..
If you were the President of a large research-oriented medical school would you want your Board of Directors to invest in cigarette company stocks? Why or why not?
A June 10,1996, Wall Street Journal article titled “Americans Eat Up Vitamin E Supplies” discusses the shortage that existed for vitamin E at this time. According to the article, the shortage was created by two changes in the marketplace. First, the ..
find out the annual prices of oil for the past 5 years. By what percentage is the current price higher or lower than 5 years ago.
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