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the government sees a cement company polluting the river. they want to internalize the externality of the cleanup cost to get water safe for recreational use. they have two choices to accomplish their goal. they can either put a tax on a certain level of pollution or create a regulation that limits the amount of pollution allowed. if they use a regulation should they allow for pollution permits? explain the benefits and detriments of each form of control. what would you recommend?
Explain why do you think maximising sustainable yield is often suggested as the appropriate goal of fishery.
An emissions fee is paid to the government, whereas an injurer, who issued and held liable, pays damages directly to the party harmed by an externality. What differences in the behavior of the victims might you expect to arise under these two arr..
Discuss which Explain how drop in the export sales sets in an ongoing recession using accelerator model.
Find out the expected number of points resulting from the one on one. Compare this with the expected number of points from a two shot foul, where the second shot i always given.
Develop a plan to propose taxes for your town, create a report in that what are the main factors that you will consider while selecting taxes to be imposed on Small Business Owners, Property Owners, and Individuals.
Illustrate what price should the firm charge if it wants to maximize its profits in the short run. What arguments can be made for charging a price higher than this price.
Yet medicine with brand names that the man recognizes from television commercials sells for more the unadvertised versions. Elucidate in economic terms, this perplexing situation to the father.
Parkleigh presents an hourly salary also the employee discount. Kaufmann's offers only an hourly wage.
An 83-year-old woman is placed at a small table in a dark corner of a trendy nightclub also is ignored by the staff.
What characteristics do you generally see with firms in a perfectly competitive market? When will new firms enter the market under perfect competition? When will they choose to exit?
At the beginning of your answer be sure to explain what a price floor is, explain why the government might impose a floor, and who it is intended to benefit.
Illustrate the total price of production (including the cost due to environmental damage) at the unregulated equilibrium quantity of 400.
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