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If the production or consumption of a good such as education creates substantial external benefits, then too:
a. much of the good will be produced unless producers are subsidized.
b. much of the good will be produced unless producers are taxed.
c. little of the good will be produced unless producers are subsidized.
d. little of the good will be produced unless producers are taxed.
discuss the problems associated with having a persistent vs. temporary current account deficit and determine which
identify and discuss three of the five ways we measure our economic performance. research and analyze each and answer
suppose that a water utility has a simple volumetric pricing structure and charges 800af for water service-a price that
How would government react to sudden, large changes in the price of a key commodity, such as gasoline, electricity, or prices on stocks on the New York Stock Exchange?
Why might some people claim that the breakfast cereal industry is monopolistically competitive but that the automobile industry is an oligopoly? In both cases, about eight to ten firms dominate the industry.
You're the GM of firm that manufactures PC's. Demand for them has dropped 50%, thanks to soft economy. The sales manager has identified only one potential client, who has received many quotes for 10000 new PC's.
Suppose Suzuki increases the price of a particular motorcycle model by 12 percent and as a result the quantity demanded for that model decreases by 4 percent. Calculate the price elasticity of demand for that motorcycle model.
How the budget affects economic activity. Explain when the government should have a budget deficit and when it should have a budget surplus.
A publisher of financial management software offers full refunds to any dissatisfied purchaser. Is the refund policy a signal of product quality? Explain why, and how signaling works. Some companies continue in business even though they are losing mo..
let w denote a random variable that has a poisson distribution with mean 2. finda. pw 2b. pw 3 andc. pw 3jw 1.the new
consider republic of netflexs balance of payments in 2009foreign investment into netflex nbsp nbsp nbsp nbsp nbsp
Assume that a very competitive start-up enters the market in direct competition with the oligopoly you described in the e-Activity, initially gaining a 12% market share.
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