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Q. An industry's marginal abatement cost is MAC=2000-e. regulator controls emissions by selling 500 permits. Though, industries are also given option of paying a fee of $1000 per unit of emissions for which y do not hold a permit.
i Draw a diagram illustrating how industry responds to policy
ii Calculate final emissions level and total amount paid in taxes.
They value campaign funding in terms of dollars spent. Therefore, after spending ci on a campaign.
Illustrate at what price can the firm sell the level of output found in the previous question.
Elucidate why a firm might want to produce its good even after diminishing marginal returns have set in and marginal cost is rising.
Find the value of the test statistic (to 3 dec pl). Can we conclude that the proportions have changed during the year.
Milk is a commodity is it a necessity or a luxury product. Evalute the availability of its substitutes for the product. Explain how the necessity of a good and the availability of substitutes impact the elsticity of the product.
Illustrate what do economists call the percentage change in real GDP from year to the next. Under a business agreement 70/30 why should the 70% shareholder decision carry all day.
Also that would you considers more likely, to longer-term- U.S. government bonds have a high interest rate than short-term U.S. government bonds or vice versa.
how much are households paid for providing entrepreneurial ability.
Depends on the evidence in this article and what you know about the economy in the United States, decide which of these statements is most likely to be true.
Consider a product market for a normal good. Suppose consumers' income increases. Explain what will happen to labor demand for firms in that market.
Illustrate what are the explicit, implicit, and total economic costs of the firm. How much economic profit does the firm earn.
Calculate the elasticity for each variable. On this basis, discuss the relative impact that each variable has on the demand. Illustrate what implications do these results have for the firm's marketing and pricing policies.
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