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Question: Draw a standard supply and demand diagram for widgets, and indicate the equilibrium price and output.
a. Assuming that the production of widgets generates external costs, illustrate the effect of the producer being forced to pay a tax equal to the external costs generated, and indicate the equilibrium output.
b. If instead of generating external costs, widget production generates external benefits, illustrate the effect of the producer being given a subsidy equal to the external benefits generated, and indicate the equilibrium output.
suppose that ex is the exchange rate between the u.s. dollar and the chinese yuan in that ex indicates the number of
The reason was that the greater part of 16 the improvement in the quarter - $33.7 billion out of a total GDP advance of $39.2 billion - came from additions to business inventories."
Is it a good idea for the government to require automobile manufacturers to include pollution control devices, and certain safety devices (i.e. air bags) in every car sold in the U.S.? Explain from the context of the definition of externalities.
In November 2013, John Adams, a customer service representative of Americo Drilling Supplies (ADS), was summoned to the Houston warehouse of Drilling Contractors, Inc. (DCI), to inspect three boxcars of mud-treating agents that ADS had shipped to ..
How should the UK government respond from a business cycle perspective to the outcome of the Brexit referendum vote - What is the likely impact of negative interest rates on the economy?
The treasurer of a U.S. firm noted that although short run deposits in Swiss bank accounts had earned the company only a 3% annualized return when measured in Swiss francs, in dollars the company had realized a 12% rate of return.
Economists who advocate the Keynesian theory of economics would say that prices and wages are sticky and decreases in AD will decrease employment. sticky and decreases in AD will decrease unemployment.
Server farms such as Google and Yahoo! provide enough compute capacity for the highest request rate of the day. Imagine that most of the time these servers operate at only 60% capacity.
If a computer project takes 6 months, how much does it cost in terms of a computer programmer salary to complete the project in the United States?
Illustrate how critical issues such as process formation, communication, communication channels and personal values may affect a team's structure and success.
Conduct a mock interview of one military and one civilian information security practitioner (for a total of two mock interviews) concerning information security and cyberwarfare.
"Gains from Trade" is the term that economists give to international trade. However, there are many economists that believe that the United States has been put in a 'lose' situation when it comes to international trade.
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