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Please help me understand this concept and question, please limit to 2-3 paragraphs in full, for my college-level economics course:
What are are externalities? Differentiate between negative and positive externalities? In your answer, provide an example of each and explain why they are negative or positive externalities.
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Employee pension funds have a total worldwide value of $13 trillion and U.S. pension funds have over $7 trillion in assets invested in stocks, bonds, and other instruments—this is labor’s capital. To promote employee ownership unionism, one suggestio..
Asymmetric information is a problem in many markets, such as the used car market, the insurance markets, and the credit markets. Choose one of these three markets, and using some of the concepts you learned from this module, discuss the questions bel..
Three products that you believe are provided by a "pure" monopoly, or at least by firms with a high degree of monopoly power. List substitutes for the products sold by each of these "monopolies".
If the economy's output is initially above full employment and if prices are rising, which of the following policy combinations could restore full employment and keep the exchange rate at the same level? Contractionary monetary policy and expansionar..
The Clean Air Act and its amendments increase the production costs of the firms in a covered industry through increased:
Explain the main differences between the three main nominal anchor choices presented in Chapter 3: i) Exchange Rate Target; ii) Money supply target; and iii) Inflation target plus interest rate policy.
Haply Inc. contracts with Barksdale LLC to have an engine repaired. After much negotiation, the parties agree that the engine will be repaired and reinstalled at Haply’s facilities in 5 days. What are the consequential, incidental, and compensatory d..
Illustrate what is the economic profit (or loss) of Texas Citrus Company in the short run. Do new orange growers enter the market in the long run.
When there are economies of scope between products, selling off an unprofitable subsidiary could lead to
In sequential games
With regard to globalization is it your contention that as countries become more technically capable they represent a bigger threat to US companies? Wouldn't the US be able to capitalize on creating the technologies that enable this?
Buying a hip replacement surgery is different from the assumptions of a purchase in the perfectly competitive market because. the seller has an ethical duty to care for you.
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