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1. Public television is funded in part by private dona- tions, even though anyone with a television set can watch for free. Can you explain this phenomenon in light of the free rider problem?
2. Explain why the median voter outcome need not be efficient when majority-rule voting determines the level of public spending.
What would happen to the equilibrium price and quantity of lattes if the cost to produce steamed milk, which is used to make lattes, increased, and scientists discovered that lattes cause heart attacks? Will both the equilibrium price and quantity wo..
What is the optimal degree of air cleanliness? What is the optimal degree of air pollution? Suppose that a state provides subsidies for a company to build plants that contribute to air pollution. Cleaning up this pollution causes the marginal cost of..
TECHNICAL PROBLEMS
Graphically, an increase in supply can be shown as:
Real wages more accurately reflect the payment to labor because they are adjusted for the effects of inflation. Inflation tends to redistribute real income from lenders to borrowers.
Listen carefully to the following video and summarize the main points that he is making and to what extent is it related to Adam Smith's invisible hand
dentify a cultural practice that is considered acceptable in one country however is not acceptable in another. What are some cultural considerations that affect the resulting ethical perspectives in differing cultures?
Provide a brief overview /synopsis of the issue.
Pham can work as many or as few hours as she wants at the college bookstore for $9 per hour. But due to her hectic schedule, she has just 15 hours per week that she can spend working at either the bookstore or at other potential jobs
answer the next questions parts a and b on the basis of the following cost data for a firm operating in pure
Give two reasons for (20 points) and two reasons against backing a currency with gold. Then develop your position either for or against backing the US currency with gold and substantiate your assertions.
1. Briefly describe your company and then benchmark the codes of conduct used by similar companies in the industry. Critique the codes of conduct of at least three (3) similar companies in order to write codes for your company.
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