Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Some observers have argued that the Internet is overused in times of network congestion.
a) Do you think the Internet serves as common property? Are people ever denied access to the Internet?
b) Draw a graph illustrating why the amount of traffic is higher than the efficient level during a period of peak demand when there is congestion. Let your graph reflect the following characteristics of the Internet:
i. At low traffic levels, there is no congestion, with marginal private cost equal to marginal external cost. ii. However, at higher usage levels, marginal external costs are positive, and the marginal external cost increases as traffic grows.
c) On your graph explain how a tax might be used to improve economic efficiency in the use of the Internet during a period of congestion.
d) As an alternative to a tax, one could simply deny access to additional users once the economically efficient volume of traffic is on the Internet. Why might an optimal tax be more efficient than denying access?
Suppose the cost of treating the child with leukemia is $100,000, paid as a lump sum 100 years from today. Using a discount rate of 5%, what is the present discounted value of this cost?
On the horizontal axis, label the profit-maximizing level of production as Q1. On the vertical axis, label the price P1 that the firm will charge at the profit maximizing level of production.
In what kind of market structure does the firm sell its output? How can you tell In what kind of market structure does the firm rent robots How can you tell Calculate the marginal product and the value of the marginal product for each additional robo..
Go to Table B-2 of the Economic Report of the President and collect data on real GDP and real gross domestic investment for the period 1992 to 2000. Calculate investment as a percentage of GDP for each year. What happened to investment over the pe..
Monopoly firms enjoy government protection from competition.
A needed service can be bought for $550 per unit. The same service can be provided by equipment that costs $225,000, has a salvage value of $75,000 at the end of 10 years and costs $21,500 annually plus $35 per unit to operate.
What is the amount of 10 equal annual deposits that can provide five annual withdrawals, where a first withdrawal of $3,000 is made at the end of year 11 and subsequent withdrawals increase at the rate of 6% per year
Submit as a Word document only; we will use track changes to provide feedback and grade your submission.Do not submit a PDF.
b) What is the rate of inflation between 2007 and 2008 if the money supply in 2008 is 1,100 instead of 1,050 c) What is the rate of inflation between 2007 and 2008 if the money supply in 2008 is 1,100 and output is 2008 is 12,600
Use the capital-asset pricing model to predict the returns next year of the following stocks, if you expect the return to holding stocks to be 12 percent on average, and the interest rate on three-month T-bills will be two percent.
Use a computer regression package or Excel to work this computer exercise. Palm Products Company has collected data on its average variable costs ofproduction for the past 12 months. The costs have been adjusted for inflation by deflating
Some friends of yours have just had a child. Thinking ahead, and realizing the power of compound interest, they are considering investing for their child's college education, which will begin in 18 years. Assume that the cost of a college educatio..
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd