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Question: Comparing the allocation without a tax to one with a tax (e.g. $4 per ton), in general terms, what are the differences in cumulative amounts extracted and the price paths?
In a given year in the United States, the total number of residents is 100 million, the number of residents under the age of 16 is 38 million, the number of institutionalize
Think about Trade. Country A takes 20 minutes to make a car, and 15 minutes to make a computer. Country B takes 30 minutes to make a car, and 20 minutes to make a computer.
Are retail gasoline prices essentially equilibrium prices? Why or why not? In most markets, are prices typically at the equilibrium? Why or why not? What might keep prices f
The labor market is traditionally protected by union in many industries such as automobile and K-12 education (public schools) What are the pros and cons of unionizing a wor
1. How many glasses of brandy and cigars are consumed during andevening 2. Now the sum of brandy and cigars consumed in the day isless than or equal 5. What's the optimal co
Cost-Benefit Analysis" Please respond to the following: Provide a cost-benefit analysis for a company which has to decide whether to hire more staff or hire temporary workers
What are the functions of the 12 Federal Reserve District Banks, which serve as "bankers' banks". List the tools used by the Federal Reserve to conduct monetary policy. How ar
Consumer Surplus: The height of the demand curve at a given quantity reflects the marginal valuation of the last unit of that good consumed. For a normal good, an increase i
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