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Q. Branding I Jorge Products, a specialty steel fabricator, operates a plant in the town Texas of West Star. The town has grown rapidly because of recent discoveries of oil and gas in the area town. Many of the new residents have expressed concerns at the amount of pollution (primarily particulate matter in the air and waste water in the town's rivers) emitted by Branding I Jorge. Three proposals have been made to remedy the problem.
Offer tax incentives to the firm to clean up its production processes.
Estimate each of these alternatives from the perspective of economic efficiency, equity, and the likely long-term impact on the firm.
Describe what would happen if an outside agency determined the prices eBay could charge.
Should the seniority rule be eliminated, what is MOST likely to gain greater influence over the process of selecting committee chairs.
Demonstrate by example about production which exhibits constant returns to scale.
We know tastes and preferences play an important role in demand. Do you think of any possible future "popular product".
Suppose that the market price for a bottle of vitamins is $2.50 and that at that price the total market quantity demanded is 75,000,000 bottles.
Illustrate what is the marginal revenue from selling another book for the author. Explain how does it compare to the marginal revenue
Assume the price elasticity of demand for heating oil is 0.7 in the long run also 0.2 in the short run.
We operate 300 days per year and have found that an order must be placed with our supplier 6 working days before we can expect to receive that order.
What do you imagine about the interest on payday loans is too high or just right.
Do you think it is a good idea for the Russian government to take the measure of encouraging foreign carmakers to build factories in Russia.
Your firm is considering the purchase of an old office building with an estimated remaining service life of 25 years.
The trade or business of manufacturing dolls and accessories
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