Visit the web site of defenders of wildlife

Assignment Help Econometrics
Reference no: EM131134608

Defenders of Wildlife. Each of the 80,000 citizens in a particular county is willing to pay $0.10 to increase the number of wolf litters by one. Each litter of wolves imposes a cost of $5,000 in livestock losses to ranchers.

a. Is the provision of an additional litter of wolves efficient from the social perspective?

b. Visit the Web site of Defenders of Wildlife. Then design a system that will generate the socially efficient outcome.

Reference no: EM131134608

Questions Cloud

Is intuitionism claims that the good is indefinable : Supernaturalism claims that __God_____ is necessary for morality. Consider the following statement: "God exists." Logical positivists would consider this statement to be_____
Define decision variables-objective function and constraints : Rienzi Farms grows sugar cane and soybeans on its 500 acres of land. An acre of soybeans brings a $1000 contribution to profit; an acre of sugar cane has a contribution of $2000. Because of a government program no more than 200 acres may be planted i..
How data was used to calculate wacc : A discussion of how much confidence you have in your answer. What were the limiting assumptions that you made, if any. How data was used to calculate WACC. This would be the formula and the formula with your values substituted.
What is the annual ordering cost and annual holding cost : Groundz Coffee Shop uses 4 pounds of a specialty tea weekly; each pound costs $16. Carrying costs are $0.25 per pound. It costs the firm $8 to prepare an order. Assume the basic EOQ model with no shortages applies. Assume 52 weeks per year. What is t..
Visit the web site of defenders of wildlife : Defenders of Wildlife. Each of the 80,000 citizens in a particular county is willing to pay $0.10 to increase the number of wolf litters by one. Each litter of wolves imposes a cost of $5,000 in livestock losses to ranchers.
Discuss why the overstatement of 2009 depreciation : Discuss why the overstatement of 2009 depreciation expense is not treated as an adjustment of the current year's income.
Describe how state certificate of need programs : Describe how state Certificate of Need (CON) programs and Medicare Prospective Payment Systems (PPS) help decrease health care spending. Cite references to support your response.
Demonstrates the effective communication skills : In finance each student is required to complete a paper that demonstrates effective communication skills, research competence, and technology fluency
Design an incentive system to generate efficient questioning : At what level of confusion (measured by the number of confused students) is a question from a confused student socially efficient?

Reviews

Write a Review

Econometrics Questions & Answers

  How much will the service make per year compounded monthly

An engineer and her husband operate a pet sitting service on the side. They want to add a daily service of a photo placed online for pet owners who are traveling. The estimates are: equipment and setup cost $600

  Find the probability that no major mill closures will occur

Wood products industry officials now claim that major mill closures over noneconomic issues occur at a rate of one every six months. Assume that this rate is accurate. a. Find the probability that no major mill closures will occur during a given ye..

  What is the economy''s mpc

Suppose that disposable income consumption Andy saving in some country are$200 billion, $150 billion and $50 billion respectively, next assume that disposable income increase by $20 billion, consumption rises by $18 billion and saving goes up by $..

  What is the profit a typical firm will make

Calculate the short run supply curve for a representative firm as a function of price

  How could the analyst mitigate the effects of correlation

ECN 425: Introductory Econometrics. Consider the model y = β0 + β1x1 + β2x2 + β3x3 + u, where x1 and x2 are highly correlated. Discuss how this correlation would affect the OLS estimators for β0, β1, β2 and β3. How could the analyst mitigate the effe..

  Estimate the marginal propensity to consume-mpc to be

Suppose economists observe that an increase in government spending of $10 billion raises the total demand for goods and services by $30 billion. If these economists ignore the possibility of crowding out, hat would they estimate the marginal prope..

  What fraction of the production will be unacceptable

A machine operation produces bearings whose diameters are normally distributed, with a mean of .498and a standard deviation of .002. If specifications require that the bearing diameter be .500 inch +- .004 inch, what fraction of the production wil..

  Cars arrive at carlas muffler shop for repair work at an

cars arrive at carlas muffler shop for repair work at an average of 3 per hour following an exponential distribution.a

  Find what is the predicted purchase behavior

Increasing customer satisfaction typically results in increased purchase behavior. For many products, there is more than one measure of customer satisfaction. In many of these instances, purchase behavior can increase dramatically with an increase..

  On juans twenty-sixth birthday he deposited 6000 in a

on juans twenty-sixth birthday he deposited 6000 in a retirement account. each year thereafter he deposited 1000 more

  What are the values of coefficient of determination

There is a belief that a person's performance on the GMAT (entrance exam to get into graduate school) can be predicted by their undergraduate GPA. Based on regression analysis what are the following values, (Round to three decimal places; put it ..

  What is the expected return on the equity

Company A just paid a $3.00 dividend per share. The dividend is expected to grow at a 4% rate indefinitely. The beta of the stock of Company A is 1.5. The market risk premium is 8% and the risk-free rate is 3%. (a) What is the expected return on t..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd