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Discuss the various ways governments can handle externalities, such as noise from a local airport or a barking dog or building of commercial office space or an industrial building in a residential area? How does the assignment of property rights affect the outcome? Under what circumstances would a socially optimal solution arise without any government intervention? Under what circumstances would government intervention likely move the outcome closer to a socially optimal solution?
Due to health concerns, a significant number of families move out of the city.Would there be a shift in the demand curve, the supply curve, or both.
What is the value of the average propensity to consume at $200 real GDP What is the value of the average propensity to consume at $400 real GDP What is the value of the average propensity to save at $200 real GDP What is the value of the average prop..
Adopt a first-degree price discrimination policy, what prices should you charge to maximize revenues and what are the revenues?
Explain why does the minimum salary seem to have the greatest impact on teenagers.
Explain how a firm in a competitive market identifies the profit-maximizing level of production. When should the firm raise production, and when should the firm lower prodcution?
what criteria did you use to determine your strategy What risks does your strategy entail, and are the potential rewards worth those risks 3) What adjustments might you have to make to your business to be successful with your new venture
Research and critique the international trade and investment policies proposed by both U.S. Presidential candidates. Describe the motivations fueling each candidates policies and then asses how effective you think these policies would be.
If the prices of A, B, and C are $2, $3, and $1, respectively, and the consumer has $26 to spend on these three products, illustrate what combination of the three products should be purchased in order to maximize utility.
Compute the total cost of providing this insured service to the plan before and after the change in coverage.
Automobile manufacturers produce a range of automobiles such as sports utility vehicles, luxury sedans, pickup trucks and compact cars. What fundamental economic question are they addressing by making this range of products a. How to produce goods..
Find out the income elasticity of demand. Elucidate whether gas is a normal or inferior product.
You are the manager of a monopoly that sells a product to two groups of consumers in different parts of the country. Group 1's elasticity of demand is -4 while group 2's is -6. Your marginal cost of producing the product is 50. A determine your op..
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