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Identify a topic that you think is an important one for near-term research by environmental economists. What advances in knowledge would you hope emerged from it, and how could it be used to inform environmental policy? Be specific. And make sure your topic is a subject for environmental economists rather than chemists, biologists, atmospheric scientists, et al. in the physical sciences.
Explain which it would not be optimal for Firm 1 to make the investment if there were no threat of entry.
Elucidate what is meant by "double coincidence of wants, and why it poses an impediment to efficient trade in a barter economy.
What should she charge per bus to maximize her profit? What would her profit be?
Agoira moves from a command system to a market system. Number of markets with shortages _____ (Increases, Decreases, No Change)
Illustrate what happens in the long run when the patent expires also other firms are free to use the technology.
Illustrate what will the average total cost be after 1 unit is produced. Elucidate what impact does the dollar appreciation have on the firm's international competitiveness.
In 2004, a Massachusetts woman won 5.6 million dollars in the lottery, which would have paid her an initial gross payment of $283,770 and 19 more yearly payments of $280,000. Instead she sued the lottery commission for a lump-sum payment. How much mo..
Consider the following possible schemes for taxing a monopoly: Explain how each of these taxes would affect the monopolist's profit-maximizing output choice. Would the tax increase or decrease the deadweight loss from monopoly?
Suppose that a Presidential candidate proposes to cut taxes by $120 billion in his or her first year in office. Assuming that the US is a large open economy and its MPC = 0.8, state the long run impact of this tax cut on Y, C, I, G, NX, r, ε, Sp, Sg,..
Two brokers at Morgan Stanley: Bob and Simon are comparing their performance last year. Bob averaged a 19% rate of return on his portfolio, while Simon averaged a 16% rate of return. The beta for Bob’s portfolio is 1.5 while the beta for Simon’s port..
The relationship between the government's budget deficit and its spending is:
Suppose China wishes to peg the Chinese Yuan to the US dollar at $0.20/Yuan. But, because of foreign funds flowing into China, the Yuan appreciates. How can the People’s Bank of China (China’s central bank) maintain the pegged exchange rate? Is the B..
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