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Two common drawbacks of Pigouvian subsidy mentioned in the literature are related to monetisation and measurement of social cost (Baumol) and reciprocity of social cost (Coase).
What alternatives to Pigouvian taxes are proposed in the literature? Have any of such alternative measures been implemented in practice?
Describe why some long-run average cost curves are steeper on the downward side than others.
Discuss how the Fed affects interest rates-the process? In October of 2008, the Fed stepped in as lender of last resort, explain this action. The US Federal Reserve is asking people for their comments on what steps we would like to see in changes in ..
In case of a Giffen good, income effect dominates substitution effect. All the points along the demand curve share the same elasticity. The marginal cost curve passes through the minimum point of the average fixed cost curve.
q1. americans already enjoy living standards that far exceed world averages. do we have enough? should we even try to
Grocer orders 100 Grade A eggs from Farmer per month at market price for a period of three years. Farmer delivers Grade A eggs every month for one year, but Grocer began rejecting the eggs claiming that the market price for eggs was too high. Does th..
Describe some healthcare situations in which an agent has taken advantage of the principal. Then describe some healthcare transactions that have not taken place because of fears about asymmetric information. Identify some ways that nursing homes can ..
The national bureau of economic research in December 2010 reported a study by Elizabeth Wilde, Lily Batchelder, and David Ellwood that a highly skilled woman loses anywhere from $230,000 to $349,000 in lifetime earnings by having children. What are t..
Academic researchers usually develop more complex also eworkerate models than applied researchers.
discussions facility costs please respond to the following suppose you have been working with the federal government
q1. consider a monopsony employer in a labour market. elucidate explain how a union in this labour market might
His parents claimed that hospital doctors administered excessive oxygen to the baby and that this caused the blindness.
In recent yrs, persons also state governments have sued various tobacco companies to compensate for illness also injury allegedly cause d by cigarette smoking.
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