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1 What externalities are associated with air travel?
2 Assess the impact of air travel on renewable and non-renewable resources.
3 Are the skies an example of open-access overuse?
4 What evidence is there to suggest that the market equilibrium of air traffic exceeds the optimum social equilibrium?
5 How should GDP figures be adjusted to take account of the externalities of air travel?
Ross Perot added his memorable "insight" to the debate over the North American Free Trade Agreement (NAFTA) when he warned that passage of NAFTA would create a "giant sucking sound" as U. S. employers shipped jobs to Mexico
How will older ports like Baltimore, Philadelphia, etc. with limited real-estate available for expansion be able to compete with newer larger ports.
1. What type of market do these Internet Giants operate in and why is this market unique? What are the unique features of the market in which these Internet Giants exist? Are their similar markets elsewhere?2. Why are regulators concerned about the i..
Suppose a market is characterized by a unionized and a non-unionized sector. Both sectors initially have supply given by Q=10,000+25w, and demand by Q=20,000-10w,
If the marginal product of capital net of depreciation equals 10 percent and the rate of population growth equals 2 percent what must be the rate of technological progress for the economy to be at the Golden Rule steady state
Presume you are interested in using time series data to estimate the following population model: yt = β0 + β1xt + β2xt-1 + β3xt-2 + β4zt-1 + ut a. Based on this population model, how much would you expect y to change among period 0 and period 4 ..
Economic profit is defined as the difference between total revenue and ________________. explicit cost total economic cost implicit cost shareholder wealth
Compute output, marginal cost, average cost, price, and profit at the average cost-minimizing activity level. Compute these values at the profit-maximizing activity level.
How much is the long-run equilibrium price? How many firms will be operating in this equilibrium? Plot two side-by-side graphs to illustrate the long-run equilibrium; one should show a typical firm in equilibiurm, the other should show the market..
Choose one of the topics listed below to write a 3-4-page research paper. Research activity paper will be graded according to the criteria.
Consider the standard Heckscher-Ohlin model, with two goods: computers and t-shirts. The two goods are produced with two factors of production skilled labor and unskilled labor, and the production of computers is skilled-labor intensive relative to t..
The Sarbanes-Oxley Act of 2002, limits the non audit services that an audit firm can provide to public company audit clients. Which of the following is most likely to be a service that an auditor may provide to a public client? According to COSO, the..
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