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Discuss 1) examples of externalities, including an explanation of why or how they demonstrate the concept of externalities, and 2) public goods, again including an explanation of why or how they demonstrate the concept of public goods. The explanations of why or how the examples you have chosen demonstrate the concepts of externalities and public goods must be included in your original post.
Suppose that they are negotiating with two non-drowsy allergy drugs, Claritin and Allegra, for inclusion on the formulary. The "value" or "surplus" created by including one non-drowsy allergy drug on the formulary is $100, but the value of the second..
A computer in surface of road picks up a signal from your car and automatically charges you for use of road. Explain how could this technological change contribute to ending bottlenecks and rush hour congestion.
Large-demonic country time deposits $ 304 billion Currency also coin held by nonbanking public 438 billion Checkable deposits 509 billion Small-demonic country time deposits
You have just been hired as a financial analyst for Barrington Industries. Unfortunately, company headquarters (where all of the firm's records are kept) has been destroyed by fire. So, your first job will be to recreate the firm's cash flow statemen..
Suppose the government has imposed a price ceiling on sliced sandwich bread. Which of the following events could transform the price ceiling from one that is binding to one that is not binding?
Which he can trade at the going prices. He has no other source of income. Illustrate what is Nick's gross demand for x.
Suppose that instead of being subject to a lump-sum tax, the consumer faces a labor income tax with a tax-free threshold. More precisely, the representative consumer pays no tax on wage income for the rs x units of real wage income, and then pays a p..
Discuss five non-bank financial intermediaries in the American economy,relate what each one does and how it gets money.
Explain the following concepts that we learned in our computer class. Clarity of the answer is highly recommended. 1. What is the difference between bit rate and baud rate.? 2. What is the difference between routable and non- routable protocols? 3. W..
Describe the effects of price floor and price ceiling? Does the government play an avctive or passive role in setting price floors and ceilings? Do you think that this helps or hinders the consumer?
In every presidential election some candidates claim that taxes are too high and should be lowered. In addition recognizing that the U.S. continues to have large deficit, adding national debts, these candidates claim that tax revenue (lower taxes) wi..
For a particular year, a company has gross annual income of $780,000, annual expenses of $270,000, and allowed depreciation of $60,000. The company is located in a state where the first $200,000 corporate income is tax-free, and any income above that..
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