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Sometimes market activities (production, buying, and selling) have unintended positive or negative effects outside the market's scope. These are called externalities. As a policy maker concerned with correcting the effects of gases and particulates emitted by and local power plant,
What two policies could you use to reduce the total amount of emissions?
Why do you think they each would work?
What would the benefits of each action be (besides emissions reduction)?
What would the costs of each action be?
How would you decide what was the best level of emission reduction?
Relationship among consumption expenditures and inventories as well as their interdependence, and think in terms of the Multiplier.
If consumption increases through $12 billion when real disposable income raise by $15 billion, What is the value of the MPC? Determine the relationship between the MPC and the MPS?
Explain how much utility will the marginal dollar yield.
Complete the firm's new short run labor demand schedule in the table below and plot the information on the graph above. Label the curve D2. What does the increase in the demand for widgets do to the demand for the labor used to produce widgets.
You are the manager of a firm that produces and markets a generic type of soft drink in a competitive market. In addition to the large number of generic products in your market, you also compete against major brands suh as Coca-Cola and Pepsi.
If the United States lost hundreds of thousands of jobs, how is it that NAFTA was a best decision for the US also probably not for Mexico and Canada
Describe their organizational structure and what market entry strategies each of these companies are currently using.
To best serve customers interested in buying cars over Internet, Smart Motors, hire Nora Jones to respond to customer inquiries.
Plank's Plants had net income of $2,000 on sales of $50,000 past year. The company paid a dividend of $500. Total assets were $100,000, of which $40,000 was financed through debt.
What happens to Market Equilibrium Price (MEP) if Supply decreases as Demand increases?c. What happens to Market Equilibrium Quantity (MEQ) after there has been an increase in Supply followed by a decrease in Demand which is followed by another in..
Provide an examples of how each industry practices price discrimination. What are the short and long term strategic reasons these industries employ tiered pricing.
Explain how the two economies respond differently to a boom and to a slump. What are some factors that might influence the slope of the Phillips curve? Do you think the slope of the Phillips curve has changed over time in the U.S. economy? Consider..
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