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One approach that government can use limit the right to pollute would be by issuing pollution permits. Without a pollution permit, compan's aren't allowed to emit pollutants into the air, water, or soil. Firms are allowed to buy and sell these permits. Explain how buying and selling pollution permits can correct for an externality.
Illustrate what is the opportunity cost (in civilian output) of a defense buildup that raises military spending from 4.0 to 4.1 percent of a $14 trillion economy.
State Explain how IKEAs expansion has reenergized mature markets around the world also changed the competitive situation.
As the number of workers at each factory increases, which factory will experience diminishing returns first.
Your publishing house is about ready to release John Grisham's newest novel just in time for Holiday giving.
Illustrate what is shop's sales mix Illustrate what is shop's break-even sales volume in dollars. Explain how many bicycles of each type must firm sell to earn a target net income of $50,000.
What will the effects of the tax be in the short run on industry output and price. Will the price rise by the full ?ve cents in the short run.
Illustrate what determines whether or not economic efficiency is achieved. What determines whether or not economic efficiency is achieved.
Illustrate what technologies are utilized. Describe the competitive environment within the industry. Is there a dominant firm.
As an advisor to the project manager, Derrick Westmuller, illustrate what set of procedures would you advise they adopt.
Illustrate what are the net benefits of this program. What would the net benefits be at a discount reate of 2 percent.
How does this export subsidy affect the domestic price of steel, the quantity of steel produced, the quantity of stell consumed, and the quantity of steel exported. how does it affect consumer surplus, producer suprlus.
Elucidate how do your previous answers change in the special case where money demand does not depend on the expected rate of inflation
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