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Evaluate each of the following proposals to address global warming. Consider for each the equity issues, whether the proposal will work, and the efficiency in terms of minimizing transactions costs.
a. An advertising campaign urging everyone to walk and bicycle to work instead of driving.b. Impose a tax on carbon (i.e. gasoline, heating oil, and coal). c. Raise the income tax and dedicate the money to subsidizing solar and wind power and home conservation.d. Impose an international tax on all activities that produce atmospheric carbon dioxide and use the revenue to pay people in low-lying countries to relocate when the ocean levels rise.
Calculate the market demand for strawberries and plot it on a graph. On the same graph plot the supply function using the data in column A. What are the equilibrium price and equilibrium quantity?
small country tariffin the u.s. supply and demand for a particular good are given by the equationsqs 10pqd 105 -
Describe and discuss; Use the concepts of economies and diseconomies of scale to describe a firm's long run Average Total Cost Curve.
Background questions to answer: Where does NSW get most of its natural gas supplies from up to now? What is happening to total domestic gas production in Australia?
Suppose that a system of unemployment compensation isinstituted in the country, and the average duration of unemploymentrises for two months: a )What will be the unemployment rate for this economy now
suppose three identical firms are engaged in cournot competition in quantities. they all have marginal costs 40.
How does competition affect profits and prices? What causes some firms to enter an industry, and others to leave it?
The California Instruments Corporation, a producer of electronic equipment, makes pocket calculators in a plant that is run autonomously. The plant has a capacity output of 200,000 calculators per year, and the plant's manager regards 75 percent o..
look at an economy with two consumers a and b and two goods x1 and x2. let the two consumers preferences be described
q1 define the following1- derivative2- swap3- commodities futures4- samurai bondsq2 differentiate between bulldog bonds
Scottsdale Print Shop expects to have an annual taxable income of $300,000 from its regular business over the next two years. The company is also considering the proposed acquisition of a new printing machine to expand current business to offer in..
A major step toward mastering the economic way of considering is learning to reason in terms of supply and demand. I have listed many questions below to answer and practice these ideas.
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