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According to the Coase theorem, why would a steel plant that creates air pollution agree to curtail production (and, therefore, pollution) if it were not legally liable for the damage the pollution was causing? Must the property right to clean air be assigned to the victims of air pollution for the steel plant to agree to reduce pollution?
choose and research a specific business that is publicly traded where there has been a pattern of change in a
State the commodity in which each country has absolute advantage. Identify the commodity of comparative advantage for each country. Justify your answer Indicate the gains to Zambia and Tanzania if the two countries exchanged 6 barrels of oil for 6 ya..
Should U.S. national forests become privatized (sold to private owners)? Why or why not? Be sure to back up your response with economic analysis and reasoning.
What does the law of large numbers state?
what impact will an unanticipated increase in the money supply have on the real interest rate real output and
Describe the reasons for choosing to implement an energy-monitoring programme over the other options in energy consumption management and the resulting benefits of this research for this company when making future energy decisions.
Presume demand and supply are given by Qd = 50 - P and Qs = 0.5P - 10. a. What are the equilibrium quantity and price in this market? What are the equilibrium quantity and price in this market? Decide the quantity supplied, the quantity demanded and ..
analyze how the law of demand applies to a recent purchase that you made. describe how the product has changed in price
discuss the three situational determinants in fiedlers leadership theory that allow a leader to determine the
An economy has a consumption function of C=10+.8Y, investment of 6, government expenditure of 10, exports of 10, and an import function of M=.1Y. What i equilibrium real GDP?
If the goal of the transit authority was to maximize total revenues, what is the new price it should set? Also, what would the total revenue raised in this new price scheme?
The difference in the prices of a good in two countries creates opportunities for arbitrage: trader buy the good at the low price in one country and sell it at a high price in the other. when the difference in the prices vanishes and the world price ..
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