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Discuss the following issues?
A)identify the source of the externality
B)measuring the external cost of the externality
C)internalising the externality with an efficient corrective tax per unit of production
The Law of Supply movement along the curve due to the price effect occurs because people can buy only so much of a product.
Elucidate what is the difference among real GDP and nominal GDP.
Illustrate what are some of the comparative advantages for the companies to operate in the host country.
Tom have only $60, and he want to spend it all on clothing (X) and food (Y), Price of clothing is $4. Find out the optimal values of both goods (Y*,X*) and Utility?
Why do virtually all societies create something to function as money and how did the combination of increased holding of excess reserves by banks and currency by the public lead to bank failures in the 1930s?
Explicidate key macroeconomic variables which affect your industry.
Elucidate the differences in unemployment rates among the United States and Western European countries.
The Subway fare in your town has just been increased from a current level of .50 cents to a 1.00 per ride. As a result, the transit authority notes a decline in ridership of 30%. a. Compute the price elasticity of demand for subway rides.
What is the main policy message of the AS-AD model, and how does it relate to the 1930s Keynesian revolution in economic theory? What should today's policy-makers assume about the natural rate of unemployment?
Every college student had the problem of selecting the college or university to attend. Was this a simple, intermediate, or complex problem for you? Explain.
you are part of a local community theater group. it is the goal of the group to increase the amount of revenue earned through ticket sales. Chloe says the obvious answer is to decrease ticket prices. is Chloe correct why
Assume that a chair manufacturer is producing in the short run (with its existing plant and equipment). The manufacturer has observed following levels of production corresponding to different numbers of workers:
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