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Suppose that a proposal is under review to strengthen the NPDWS for benzene, and the associated abatement level would generate a marginal social benefit (MSB) that is greater than the marginal social cost (MSC) by $125,000.
A. On efficiency grounds, should the proposed standard be more stringent or more lenient, and why?
B. Specifically, what does the $125,000 represent?
In less developed countries, what does the brain drain refer to?
q1. assume the following data for a country total population population under 16years age of institutionalized 120 not
If I produce 20,001 copies my total cost will rise to $750.02, therefore my marginal cost of producing copies must be increasing.” Draw a graph to illustrate your answer.
According to studies undertaken by the Department of Agriculture, the price elasticity of demand for cigarettes is approximately -0.3 and the income elasticity is approximately 0.5.
Explain how a dead weight loss can be generated in an imperfect market and also in a case of a negative externality. What policies government can use to try to eliminate the deadweight loss? Effect of Price Ceiling and a Price Floor-Price Floors and ..
Discuss the concept of resistance and how employees respond to major change; incorporate information from your own experiences as well as insights you have gained from this module.
elucidate why not and propose a mechanism that might solve your dilemma.
The U.S. money supply (M1) at the beginning of 2000 was $1,148 billion broken down as follows: $523 billion in currency, $8 billion in traveler's checks, and $616 billion in checking deposits. Suppose the Fed decide to reduce the money supply by incr..
You are the manager of a small pharmaceutical company that received a patent on a new drug three years ago. Despite strong sales ($200 million last year) and a low marginal cost of producing the product ($0.45 per pill), your company has yet to show ..
illustrate what is the corresponding marginal cost function. at illustrate what o/p is AVC at its minimum.
q. a show how to own equilibrium in a robinson crusoe model.b what is the relationship between the marginal rate of
Draw a long-run average total cost curve. What other names does it have? Why? There are three separate regions of it. List and explain each of them. List the reasons for the left side of this curve.
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