Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Consider the following demand curve, Qd = 100 – 2P and supply curve Qs = 8P-120.
a. Find the equilibrium price, quantity, and producer surplus.
b. In turns out that the production of the firm causes pollution. The Marginal Social Cost curve, Qs = 8P – 200. Calculate the size of the damage on society before the tax (be careful).
c. What would be the correct Pigouvian tax in this case?
d. A new technology exist that could remove the pollution. Comparing producer surplus under the right to pollute (a) and being taxed (b), what is the most the firm would be willing to pay?
e. If the rights to pollute are given to firm and the price of the new technology is $64 would the victims of pollution be willing to purchase the technology?
What were the main challenges facing Washington's administration? What was Hamilton's vision of the new republic? What was George Washington’s greatest achievement as president?
Define the marginal revenue product (MRPL ) and the marginal cost (MCL ) of labor. Explain why the condition MRPL = MCL is necessary for profit maximization.
Miller and Coors who together produce 85% of all beer consumed in the US, each spend well over $250 million a year on television advertising campaigns, promoting their beer brands.
Suppose that a firm’s long-run average total costs of producing an individual income tax return is $75 when it produces 1,000 returns and $75 when it produces 1,200 returns. For this range of output, the firm is experiencing
What is the present value of the following series of prospective payments?
What is the profit maximizing price? a) 810 b) 750
Closed, Union, Open and Agency shops, National Labor Relations Act or Wagner Act of 1935, Taft-Hartley of 1947. Collective Bargaining, union members make 10 to 15 more than non-union workers. Why?
Over the Christmas Break, you are hired by Apple to help make the new iPad. Show completely labeled graph showing the initial equilibrium wage and quantity for the iPad labor market.
q1. a perfectly competitive firm has total cost function as followtc 2q2 4q 200a. what are the firms break-even
Aaron and Barry, living close to the entrance to the Yosemite National Park, sell the same kind of drinking water to tourists. Every day in the morning, Aaron carries some water to the park. Barry, observing how much water Aaron brings to the park, d..
What is the EV(expected value) of option 2? If you are risk-averse, which option should you choose? Explain. Describe two factors discussed in class that lead to competitive imbalance within a sports league. Under what circumstances would an economis..
Suppose that the demand in a particular industry is given by Qd = 100 – 2P. When the market price in the industry is $10 per unit, what is the total quantity demanded in the industry? If you assume that each of the four largest firms in the industry ..
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd