Eliminate a negative externality

Assignment Help Microeconomics
Reference no: EM131040390

How do you know when the government should use a tax or a subsidy in order to eliminate a negative externality?

Reference no: EM131040390

Questions Cloud

Purpose for business plan is to attract capital for startup : Strenghts and Opportunities have their primary origin in external forces. One of the principal disadvantages for franchisees is the loss of control. The sole purpose for a business plan is to attract capital for a startup.
High rates of unemployment : Briefly explain why the high rates of unemployment in a nation is of concern to economists
Lower threat of substitutes makes industry more attractive : Your business plan's section on market research must include a section on the competition. A lower threat of substitutes makes an industry more attractive.  The SBDCs are good sources of assistance with your business plan. Your business plan's sectio..
What does expected value theory tell you that you should do : Consider the following choice. I will give you a free $5 bill, no strings attached. Optionally, I will allow you to flip a coin: heads you win $10, tails you win nothing. Do you want the $5, or do you want to flip the coin? What does expected valu..
Eliminate a negative externality : How do you know when the government should use a tax or a subsidy in order to eliminate a negative externality?
Simple deposit expansion model : In the simple deposit expansion model, if the Fed purchases $100 worth of bonds from a bank that previously had no excess reserves, the bank can now increase its loans by how much?
Identify the various environmental compartments : If you were hired to be an environmental consultant at the facility, what would be your first steps in changing the manufacturing process (use the waste management hierarchy)?
What is the reliability of the present system : You are the Operations Manager for American Airlines. The main computer that holds all the critical equipment information and maintenance records for all flights has three main components: Monitor, the Keyboard and the CPU. What is the reliability of..
What are the corner points of the feasible solution space : Company produces two products (A and B) using three resources (I, II, and III). Each product A requires 1 unit of resource I and 3 units of resource II; What is the objective function? What is the constraint for resource I? What are the corner points..

Reviews

Write a Review

Microeconomics Questions & Answers

  What fiscal policies would be appropriate

What is the "current macroeconomic situation" in the U.S. (e.g. is the U.S. economy currently concerned about unemployment, inflation, recession, etc.)?

  Find the result of the objective function

Find the result of the objective function and the number of children in each neighborhood They are going to the 3 schools . Explain your results.

  The incremental annual taxable income

Zeon, a large company has a regular taxable income of $350,000. The company is considering adding some automatic equipment to its production facilities. An investment of $120,000 will produce an initial annual benefit of $89,000 however the benefits ..

  Explanation of the relevance to the firm

General Electric (GE) is the company we selected.  Explanation of the relevance to the firm,  A strategy of how the firm will respond ,  A goal to maximize revenues for the years ahead 45

  Explain what is the basis of international trade

Explain the underlying facts that support free trade and give an example of a good that you purchased recently that is based on resource differences. What are some examples of goods that the U.S. has comparative advantage in producing

  A firm determines its marginal revenue

Economics is profitable for a firm to continue employing additional resources?

  Cost minimizing combination of capital and labour

The firm wants to produce 100 units. Find the cost minimizing combination of capital and labour.

  Examine major complexities that would arise under expansion

Outline a plan that managers in the low-calorie, frozen microwaveable food company could follow in anticipation of raising prices when selecting pricing strategies for making their products response to a change in price less elastic. Provide a rat..

  How does the error change as we vary the step size

Use Euler's method to approximate the solution of the differential equation y' = (1 + y)/(1 - y) with any initial condition y(0) -:: 1. What happens here?

  Hypothesize the basic short-run and long-run behaviors

Hypothesize the basic short-run and long-run behaviors of the model in the industry you have chosen in a market economy. and analyze at least three (3) possible areas for the industry that could lead to transaction costs, and explain each in detail.

  What is equilibrium real gdp without investment

What is the numerical value of the multiplier? What is equilibrium real GDP without investment? What is the multiplier effect from the inclusion of investment? What is the average propensity to consume at equilibrium real GDP?

  Health care the problem of asymmetric information is thata

the problem of asymmetric information is that ltbrgta niether health care buyer nor providers are well-informed ltbrgtb

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd