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Definitions of externality and public goods, Source of inefficiency under externalities and public good, find the socially optimum output if there is negative externality and suggest policies to attain this social optimum. Be able to discuss why social optima are hard to achieve.
Assume the following average inventory in sanding, the buffer, and painting: Sanding: 1batch; Buffer: 2 batches; Painting: 1 batch. What is the average flow time from the start ofsanding until the decks are ready to enter the ..
A rural utility company provides standby power to pumping stations using diesel-powered generators. an alternative has arisen whereby the utility could use a combination of wind and solar power generators, but it will be a few years before the ene..
Due to severe damage, a gas pipeline supplying gas to Arizona was shut down for some weeks in summer of 2003. Gas became scarce in Arizona, and prices increase,
Illustrate how critical issues such as process formation, communication, communication channels and personal values may affect a team's structure and success.
Compute the total fixed costs, total variable costs, average fixed costs.
Illustrate what are the four stages of the Business Cycle. Compare and Contrast five internal and external Business Cycle theories.
Carson Company is considering a private placement of equity with Secura Insurance Company. a) Explain the interaction between Carson Company and Secura. How will Secura serve Carson's needs, and how will Carson serve Secura's needs
Technological advance, that date has played a relatively small role in U.S. economic growth.
Give some arguments for and against the critisim of the federal income tax exemption of interest on state-local debt as being an inefficient subsidy.
Identify whether the subsiquent issues are macroeconomic or microeconomic and explain why you categorized them in that way.
Elucidate how would the presence of these agricultural policies affect the results of such tests.
the blair company's three assembly plants are located in california, georgia, and new jersey. previously, the company purchased a major subassembly, which becomes part of the final product, from an outside firm. blair has decided to manufacture th..
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