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Sometimes market activities (production, buying, and selling) have unintended positive or negative effects outside the market's scope. These are called externalities. As a policy maker concerned with correcting the effects of gases and particulates emitted by and local power plant, answer the following questions:
What two policies could you use to reduce the total amount of emissions?
Why do you think they each would work?
Illustrate what would the benefits of each action be (besides emissions reduction)?
Illustrate what would the costs of each action be?
How would you decide what was the best level of emission reduction?
Examine KANO Analysis of customer requirements also come up with some questions (also answers) concerning it.
It has been proposed that a government agency be charged with the responsibility for determining the amount of pollution
Consider an economy in which taxes, planned investment, government spending on goods also services also net exports are autonomous
Explain briefly why the sellers and buyers are each willing to do so. What is the total cost of pollution reduction in this situation.
He proposed an increased in ethanol produced from corn and the stalks and leaves from corn and other grasses. Illustrate what is the likely impact of these two events on food prices in the United States.
illustrate what would need to reduce the supply of money if Canada was an open economy with a flexible exchange rate.
Assume that the central bank takes the drastic strategy in part 1, but that the private sector has rational expectations.
Suppose each of the five sellers can supply at most one unit of the good. Elucidate the price when market quantity supplied is exactly 3.
Illustrate what Monetary Approach Tools should the Federal Reserve utilize to fight inflation. Describe them thoroughly.
Evaluating new vehicle technologies to reduce costs is important for companies like UPS also other companies involved in parcel delivery services.
Illustrate what is the lowland of far southeastern India that borders the Indian Ocean also contains the city of madras.
The water is identical in the two sizes and John gets no utility from the containers themselves, only from the water.
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