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1. Describe s disincentive and its purpose. What change in behaviors or choices was incentives designed to achieve?
2. Give me an unintended consequence or the unanticipated behaviors/choices.
3. Tell me how you would change the rules of the game to address the unintended consequences.
Suppose the price of celeriac decreases from $80 to $60, and the quantity demanded increases from 100 to 150 bushels. What is the price elasticity of demand using the standard percentage formulas? What is the arc price elasticity of demand?
Fronterra, created in 2001 by New Zealand lawmakers, profits some 13,000 dairymen instead of all the citizens of the nation.
1.nbsp you are given the following information about the costs of a perfectly competitive
in the fall of 2008 aig the largest insurance company in the world at the time was at the risk of defaulting. as a
At a recent meeting, the president and the CEO of Production, Inc. got into a heated argument about whether or not to shut down the company's plant in Flint, Michigan. The plant currently loses $50,000/month. The president of Production, Inc. argu..
Estimate the demand function
in calculating the incremental cost of a particular project how would you treat the possible future costs of a lawsuit
graph jays budget constraint when her income is 50 and the price of housing and food is 2 and 10 respectively.what
a generous university benefactor has agreed to donate a large amount of money for student scholarships. the money can
a monopolist has two types of customers. there are 100 of type a who will each pay up to 10 for a single unit of the
nbsp1. southwest airlines is adding 100 million a year in new fees. under new rules customers only get a partial
Problem based on Oligopoly and demand curve, Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?
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