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Cite the source(s) used to answer this question. Provide the source(s) below your response and apply APA guidelines for references. Each answer must be a minimum or 175 words. 1) What effect do government intervention, taxation, and regulations have on economic behavior? Explain. What are real-world examples of government intervention, taxation, and regulations? What are the goals of each?
2) What is an externality? Provide at least three examples. How does one of the examples you provided affect the market outcome? What is the role of government in addressing the implications of an externality you provided as an example? Is it possible that a government's solution to a market failure would worsen the failure? Explain your answer. 3) Class, what is a positive externality? Explain and give examples. 4) Class, what are other types of incentive mechanisms for dealing with negative externalities. Explain.
in this question we are going to incorporates investment in human capital by agents in a form similar to physical
How will this sabotage affect the results - However, Sandy and you were industrial spies, employed by the EF Pencil Co. and sent to ECON6351 to cause as much trouble as possible.
Create your response, in the Assignment submission box below (not in the Comments field), as a journal or diary entry. Researching the musical Hair most likely will be needed
A restaurant that goes by the name Big Bill's Cafe is contemplating a T-shirt advertising promotion. Monthly sales data from T-shirt shops indicate the demand curve for the T-shirts can be described as: Q = 300 - 5P
You are going to borrow $350,000 for a term (number of years) corresponding to 20 at a 6% interest rate. Calculate the following: a) The monthly payment b) The total out-of-pocket cash you will spend to completely pay off the loan
Ray loves going to the movie theater. There is always something Ray is willing to see (or watch for a second or third time!). The table on the left shows Ray's total benefits (or total willingness to pay) associated with seeing movies at the movie
An individual lives in a world where there are only two goods, X and Y. His utility function per period is given by: U = 25x - 0.5x^2 + 50y - y^2 The price of x is $4 and the price of y is $8.What is his marginal utility of money equal to at this l..
A doctor earns $250,000 per year, while aprofessor earns $40,000. They play tennis against eachother each Saturday morning, each giving up a morning ofrelaxing, reading the paper, and playing with their children.
You run a chain of movie theaters, so you commission a marketing study that categorizes your potential customers into 10 equal-sized groups according to what they're willing to pay for a movie ($10,$9,$8,$7,$6,$5,$4,$3,$2,$1).
The widget industry in Springfield is competitive, with numerous buyers and sellers. Consumers don't differentiate among the various brands of widgets (no product differentiation). The industry demand curve is given by: Qd = 998 - 5Pw + 4 Y - 6Pg.
Linda loves buying shoes and going out to dance. Her utility function for pairs of shoes, S, and the number of times she goes dancing per month, T, is U(S,T) = 2 ST. What is her marginal utility from shoes
Before the income is spent, it can either be kept in money or bonds. Money yields no interest. Bonds yield a yearly interest of 4%, but a transaction fee of 18 has to be payed each time bonds are sold. Use the Baumol-Tobin model of money demand to ..
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