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It is believed that education provides a positive externality (i.e. an external benefit) to society that would not be exhibited in a free market for education. Given this: A) briefly describe what would be the free market price and quantity outcome for education as compared to the socially optimal P, Q. B) Kentucky subsidizes higher education through payments to the state universities. Show on a graph of Supply and Demand for education the effect of this subsidy as compared to the free market case and describe the impact on equilibrium P & Q of education. C) Kentucky also provides funds to high achieving high school students to attend college. On a second S&D graph, show and describe the impact of this as compared to the free market equilibrium.
Supply of Loanable Funds, e.g., your disposable and expected future income. Discuss and predict how your decisions and transactions in the loanable funds market should change.
If the average level of consumer surplus for each hotel guest equals $24, illustrate what is the total consumer surplus per night.
q.a researcher investigating the uns millennium development goals looks at schooling in lusitania. he takes a sample of
Several big companies offer employees time off during the workday to attend seminars on how to improve their health. Some even give bonuses to people who show that they are adopting healthy lifestyles through,
q.i would like to figure out the relevant cost in some cost flight operation salaries of flight crew fuel maintenance
q.hana takes two examinations. her overall grade for the course will be the maximum of her scores on the two
Explain how banks are financial intermediaries. What are reserves? What are excess reserves? Explain how the Fed can affect the quantity of excess reserves in the banking system. Your response should be at least 75 words in length.
Explain how it is possible for one of two people in a two-good economy to have an absolute advantage in producing both goods, but trade can still benefit both people.
Expansionary monetary or fiscal policy would most likely be effective in reducing which type of unemployment? .Frictional unemployment
A computer-controlled milling machine will cost Ajax Manufacturing $65,000 to purchase plus $4700 to install. If the machine would have a salvage value of $6600 at EOY 20, how much could Ajax charge annually to depreciation of this equipment? Ajax us..
Different products have different elasticities. Heart medication, for example, is inelastic, and corn is elastic.
q1. corporate probability declined by 20 percent from 2008 to 2009. elucidate presentation percentage that would use to
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