An economically efficient level of pollution

Assignment Help Econometrics
Reference no: EM131032510

What do economists mean by "an economically efficient level of pollution"?

Reference no: EM131032510

Questions Cloud

Difference between the count of heads : Keep going. Stop at 240 tosses and again at 480 tosses to record the same facts. Although it may take a long time, the laws of probability say that the proportion of heads will always get close to 0.5 and also that the difference between the count..
A sheet of aluminum foil has a thickness of about 1 mil : A sheet of aluminum foil has a thickness of about 1 mil (a mil is 0.001 inches). Calculate the dB of attenuation of a plane wave that goes through the sheet of aluminum foil, at a frequency of 2.45 [GHz]. Is the sheet of aluminum foil a good shield f..
Write a behavioral vhdl code module : Write a behavioral VHDL code module for a 6-bit up-down counter. If U = 1, and D = 0, the counter will count up, and if U=0, and D=1, the counter will count down. If U = D = 0, or U = D = 1, the counter will hold its state. The counter should also ha..
What are the advantages and disadvantages of a candidate : In running for the party's nomination, what are the advantages and disadvantages of a candidate who has a stronger ideological record?  For example, in the 2012 GOP nomination race, what advantages did Rick Santorum (the stronger socially conservativ..
An economically efficient level of pollution : What do economists mean by "an economically efficient level of pollution"?
Internalize the profit and the cost externalities : Question: Is it always necessary for government to intervene and internalize the profit and the cost externalities? Illustrate your answer using a real world example.
Resource allocations among producers : When consumers do not have enough time or opportunity to aoid price increases, governments can levy sales taxes that distort resource allocations among producers to a smaller degree.
A central bank buys government bonds : If a central bank buys government bonds, what happens to interest rates, aggregate demand, and GDP?  What happens to these variables if it engages in contractionary monetary policy through open market operations?
State lotteries announce a four-digit : The Pick 4 games in many state lotteries announce a four-digit winning number each day. Each of the 10,000 possible numbers 0000 to 9999 has the same chance of winning. You win if your choice matches the winning digits. Suppose your chosen number ..

Reviews

Write a Review

Econometrics Questions & Answers

  Develope a cumulative frequency distribution

Missy Walters owns a mail-order business specializing in clothing, linens, and furniture for children. She is considering offering her customers a discount on shipping charges for furniture based on the dollar-amount of the furniture order.

  How much utility will the marginal dollar yield

Let MUa=Z=10-x and MUb=Z=21=2y, where z is marginal utility per dollar measured in utils, x is the amount spent on product A, and y is the amount spent on product B. Assume that the consumer has $10 to spend on A and B- that is, x=y=10. How is the..

  Show indifference curves and an optimum choice

Consider a couple's decision about how many children to have. Assume that over a lifetime a couple has 200,000 hours of time to either work or raise children. The wage is $10 per hour. Raising a child takes 20,000 hours of time.

  Find what is the opportunity cost of an increase in income

(a) Calculate the opportunity cost of an increase in the number of hours spent studying in order to earn a 3.0 grade point average(GPA) rather than a 2.0 GPA. (b) Is the opportunity cost the same for a move from a 0.0 GPA to a 1.0 GPA as it is for ..

  What will national saving and investment be for economy

What are the equilibrium values of net exports and the real exchange rate if the world's real interest rate is 8%, but domestic government purchases (G) are reduced to 100, all else equal. what will national saving (S) and investment (I) be for thi..

  What are the second cycle changes in spending

Suppose that investment demand increases by $100. Assume that households have a marginal propensity to consume of 80 percent. Compute the first three rounds of multiplier effects as follows: a) What are the first cycle changes in spending? Total cu..

  Find probability for five employees gets a computer

A firm recieves a shipment of 100 personal computers for use by its staff. Of these 100 computers, five are defective and not usable without repair. In a particular office, there are five employees. What is the probability that each of these five e..

  What is the probability that the project will be completed

You determine the critical path consists of only five activities. You then compute the variances for the five critical path activities and these variances are 3,4,2,1 and 6 days. what is the probability that the project will be completed.

  What would be the net change in real gdp per person

The "graying of America" will substantially increase the fraction of the population that is retired in the decades to come. To illustrate the implications for U.S. living standards, suppose that over the 44 years following 2006 the share of the po..

  If the marr is given,which alternative should be selected

A firm is considering two alternatives that have no salvage value. A Initial Cost $10,700 Uniform Annual Benefits 2,100 Useful life, in years 8 B Initial Cost $5,500 Uniform Annual Benefits 1,800 Useful life, in years 4

  Compute the initial equilibrium after only supply changes

Suppose that the demand function for apartments in a competitive market is initially D(p)=40-2p and there are 10 apartments. However, after observing how profitable it is to rent apartments, owners construct more houses

  What is the private equilibrium price and quantity of shale

Suppose that the inverse demand for shale gas is given by p = 400 - 2q. The private marginal cost of producing shale gas is PMC = 100 + q. Suppose that in order to produce shale gas at the PMC given above, the oil and gas (O&G) companies (that pro..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd