Illustrate account in order to make a decision of policy

Assignment Help Business Economics
Reference no: EM1370741

Q. This week we discussed effects of taxes and government regulation on consumers. Economists are often asked by government agencies to conduct studies concerning likely results of their policies.

Provide an example of a public policy problem and apply cost-benefit analysis technique to it. Illustrate what or considerations may be taken into account in order to make a decision on implementation of policy? 200- 300 words

 

 

Reference no: EM1370741

Questions Cloud

Output of the typical firm : The output of the typical firm is decreasing even while industry output is increasing. How is this possible from the above statement?
Explain to finance the purchase of a house from tuna : Explain To finance the purchase of a house from Tuna, Uri signs an instrument promising to pay to "Verity Mortgage Service
Write program to compute contestant-s score : Performer's final score is determined by dropping highest and lowest score received, then averaging remaining scores. Write a program which uses this method to compute a contestant's score.
What mass of water fell on the town : What minimum constant acceleration does this need if the aircraft is to be airborne after a takeoff run of 250 m.
Illustrate account in order to make a decision of policy : Illustrate what or considerations may be taken into account in order to make a decision on implementation of policy.
Calculating expected roe : Southwest Physicians, a medical group practice, is just being formed. It will need 2 million dollar of total  assets to generate $3 million in revenues.
Overcome barriers to entry into competitive industries : what were the barriers that you listed as entry barriers into those industries and what are some ways that companies that companies can overcome or alleviate these barriers?
What would be the tension in the string : A certain freely falling object requires 1.7s to travel the last 37m before it hits the ground. From what height above ground did it fall.
Marginal revenue curve-profit maximizing price : A new competitor enters the industry and competes with a second firm, which had been a monopolist. The second firm finds that although demand is not perfectly elastic, it is now relatively more elastic.

Reviews

Write a Review

Business Economics Questions & Answers

  What would average fixed cost be if ten units were produced

For Firm A, when four units of output are produced, total cost is $175 and average variable cost is $33.75. What would average fixed cost be if ten units were produced.

  Describes the marginal product of labor in the short run

Write down a formula that describes the marginal product of labor in the short run as a function of the amount of labor used.

  Explain why would elasticity of demand be important

Explain why would elasticity of demand be important to you in determining the products on which the taxes should be levied.

  Intellectual piracy hurt american companies

Explain how do acts of intellectual piracy hurt American companies.

  Elucidate what will happen to equilibrium cost and quantity

Elucidate what will happen to equilibrium cost and quantity of satellite TV service if wages of workers who provide satellite TV service increase while at same time cost of cable television service.

  Compare also contrast mcdonald strategies in china

Compare also contrast McDonald's strategies in China with those of Wal-Mart in Mexico.

  Pepsi have their market dominance for nearly a century

Coke also Pepsi have their market dominance for nearly a century. General Motors also Ford have been hard hit by competition.

  Administrative infrastructure to get everything organized

They found that getting larger was painful it involved a lot of new administrative infrastructure to get everything organized

  Explain how much the annual us gdp and gnp in 2010 changed

explain how much the annual U.S. GDP and GNP in 2010 changed due to her job relocation.

  Illustrate what is your break-even price

If you receive a request for proposal (RFP) on a project for four units, illustrate what is your break-even price.

  Factors that might explain acme hospital

Suppose that these cost figures accurately refl ect the economic costs of providing inpatient services at these two hospitals and that the two hospitals face the same average total cost curve.

  Constant term if the equation for the demand curve

Illustrate what is the constant term if the equation for the demand curve is written in the form.

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd