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Write a two to three (2-3) page paper in which you:
Identify and discuss three (3) externalities, which can either be positive or negative.
Conclude why an externality might exist in the situation that you described, and determine the solutions to mitigate these particular externalities.
Analyze the different stakeholders (i.e., government, three (3) affected parties) that are involved in the externality, and identify what their roles are with regard to the externality.
If rice can be produced using water and seed according to Q = WS, where water, W, costs $3 and seed, S, costs $3, what is the cost minimizing combination of water and seed capable of producing 144 units of rice?
Industries (markets) evolve and change over time. Many industries start out competitive (many businesses) but over time some begin to emerge as dominate ones in the industry
What would production at a point outside the production possibilities curve indicate? What must occur before the economy can attain such a level of production?
year 1 year 2quantity price quantity priceoranges 100 5 150 5pears 100 3 75 4a. what is the growth rate of
if the product price is 4 per unit and the price of the factor of production is 80 per unit the profit-maximizing
1. (Time Value of Money) You can borrow and lend money at 18% in the market. You have $200,000. You are considering entering into a perfectly competitive market by starting a business today. You will need to pay $120,000 as your fixed costs for an..
A certain machine will have a cost of $25,000 (then $) six years from now. Find the PW of the machine if the real interest rate is 10% per year and the inflation rate is 5% per year using (a) constant-value dollars, and (b) then-current dollars.
Which of the following is an example of an effective screening technique? A A car maker advertising the high quality of their car
a generous university benefactor has agreed to donate a large amount of money for student scholarships. the money can
find demand curves for x and y using the following utility functions all demand curves should be functions of income
Describe verbally the effect on wage rates and employment. Adjust the graph you drew for question 3, showing the monopsonistic wage rate and employment level as W2andQ2, respectively.
when a variable grows at constant rate, then the graph of the ln of the variable is a linear function of time, with slope that is approximately equal to the growth rate of the original variable (when that growth rate is small). Usin..
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