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Using economic concepts, describe why the policies toward CO2 and lead emissions from automobiles have been drastically different in the U.S. To do this, first describe the type of pollutant, the efficient allocation of each pollutant, the policy regulation toward that pollutant, and then why the policies differ.
Adam Smith rejected utility as a foundation for value. He illustrates this rejection in his famous diamonds and water paradox. Briefly explain how the cognitive switch from total utility to marginal utility resolves this paradox.
Place the items into the columns according to whether a change in the item would cause the curve to shift. If an item\'s change shifts more than one curve, place it in a single column according to this order: Long Run Aggregate Supply - Short Run Agg..
Suppose you make equal quarterly deposit of $2,500 into a fund that pays interest at a rate of 8% per year compounded monthly. Find the balance at the end of year 2. Please provide formula or excel function?
Charles has decided to open a lawn-mowing company. To do so, he purchases mowing equipment for $5,000, buys gasoline ($2.30 in gas is required to mow each yard), and pays a helper $10.00 per yard. Prior to opening the lawn company, Charles earned $8,..
Give reasons to elucidate what the government would have to do to keep the unemployment rate at 3 percent.
If you wanted to measure the amount of income households had available after paying personal taxes, which of the following would you use?
Your income has recently dropped from $60,000 per year to $45,000 per year. You have come to realize that you are only buying three bottles of wine a week now where as you used to buy six bottles of wine when you made $60,000 a year. Describe wine as..
q1. recall that abc company has periodically borrowed funds but contemplates a stock or bond offering so that it can
The CEO of major automaker overheard one of division managers makes the following statement regarding the firm's production plans: "In order to maximize profits it is essential that we operate at the minimum point of our average total cost curve". If..
determine what sales price must be obtained at the end of that period in order for Amjay to break even, when the interest is 12 percent.
What would happen to the equilibrium price and quantity of latte´s if coffee shops began using a machine that reduced the amount of labor necessary to produce steamed milk, which is used to make latte´s, and scientists discovered that latte´s cause h..
Describe the changes in the model parameter(s) and resulting changes if any in the hiring decisions of the three types of firms.
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