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Q. Sometimes market activities (production, buying and selling) have unintended positive or negative effects outside market's scope. This is called an externality. Suppose that you are a policy maker concerned with correcting effects of gases and particulates emitted by and local power plant. What tools would you use? What would be benefits of action? What would be costs? How would you decide what was best level of emission reduction? Why do you think your approach would be better than others?
She is considering quitting her job and going to university full time for four years.
If each test provides$6 net marginal revenue before labor and capital costs, is expansion advisable? Show all your work and explain your answer well.
Decide to conduct a SWOT analysis to evaluate the value and risks. Provide a SWOT analysis and briefly discuss each factor.
Following the war, the government of Country A would like to impose tax RMx on cars. Ilustrate and explain with graph for the car market due to the taxes. In your opinion, who will bear more of the taxes imposed-suppliers or consumers.
Illustrate what are the Joseph's demands for roses also tulips as a function of prices also income.
Elucidate using a diagram the substitution also income effect which would result from a change in the price of a normal good.
Illustrate what is that technology and how does it change the marginal and average product. Please list any sources used.
Suppose that a calculator company operates in a perfectly competitive marketplace producing 5,000 Calculators every day.
Elucidate the black market fbr lnternet access, comprising the implicit supply schedule. the legal price. the black market supply and clemand. and the highest feasible black market priee.
A survey of economists revealed that more than three-fourths of them agreed with a number of statements, including which of the following.
Elucidate what happen to the prices of oranges and marginal product of orange pickers as a result of a freeze. Can you say what happens to the demand for oranges pickers. Why or why not.
Describe and label substitution effect and income effect. How has welfare of representative consumer in Peru changed with increasing world relative prices.
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