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1. what two policies could you use to reduce the total amount of emissions?
2. why do you think each would work?
3. what would the benefits of each action be (besides emissions reduction)?
4. what would the cost of each action be?
5. how would you decide what the best level of emission reduction?
What is the equilibrium price of a box. Is this the long-run equilibrium price. Expalin how many firms are in this industry when it is in long-run equilibrium.
Suppose you introduced a new consumer food product and invested heavily in (1) national advertising (pull strategy) and (2) motivating your field sales force to sell the product to food stores (push strategy). What kinds of feedback would you re..
A president proposed a tax cut in the early 1960s. He said "It is a paradoxical truth that tax rates are too high today and tax revenues are too low, and the soundest way to raise tax revenues in the long run is to cut tax rates now." Can someone ..
Explain why does the United States have an absolute advantage in both goods. Which country enjoys a comparative advantage in food.
The federal funds rate is currently 3 percent. The equilibrium real federal funds rate is 3 percent, and the weights on the output gap and inflation gap are 0.5 each. The inflation target is 1 percent. Is the federal funds rate currently too high o..
Suppose that the officials in Ecoland have compiled the following data about their economy for last year:
Assume that, from an initial consumer equilibrium position, the price of good X falls-explain how and why the consumer's relative consumption of two goods will change.
Suppose that your business or organization has obtained a reliable growth forecast of the U.S. and local economies for calendar year 2013. Nature of my Business: I run an Automotive Paint Store that sells paint to the Independent Body Shops.
Total spending in the economy is equal to consumption plus investment plus government spending plus net exports. If household want to save and thus do not use all their income for consumption, what will happen to total spending
Describe what effect a contractionary fiscal policy would've on the price level and real GDP starting from full employment equilibrium.
The monopolist has a constant marginal and average total cost of $50 per unit. Find the monopolist’s profit – maximizing output and price.
Efficiency and sustainability are management goals with respect to renewable resources. As Field explains, biological and economic considerations are typically blended in determining the efficient allocation of these resources.
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