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Vaccinating people for measles, rubella, polio, and cholera to substantially increase net social benefits by improving the health and productivity of the population is an example of
a. economies of scale.
b. external economies.
c. negative externality.
d. net present value.
University of Florida engineering students are planning operating a mobile car clinic in Gainesville, Florida, during their summer break. This is an option to summer employment stacking plastic cups
Suppose that a small town uses a referendum to overcome free ridership problem & determine how its residents might value a new water filtration system for its public water supply.
It has been estimated that an additional doctor could increase the daily output of the clinic by 25 patients, while an additional nurse would increase the number of patients served in a day by only 10. What is the marginal rate of substitution bet..
The price of an ice cream cone is £1.50 and you buy three ice cream cones per week. If the price of an ice cream cone falls to £1.25 and you still buy three ice cream cones per week, which of the following is TRUE? a) The total utility of the four..
Elucidate the significance and implications of various economic theories pertaining to profit, consumer choice, demand and supply, forecasting and optimization.
suppose that the aggregate demand curve in a particular year is given by the algebraic expressionnbsp y 3000 1000p
Amazon's "autobot" recently recommended a book to one of us titled Quality Maintenance: Zero Defects through Equipment Management. The book's description is "Achieve zero-defect product quality by eliminating the root causes of your equipment defe..
suppose we have a random sample of 50 people and their weight w and height h are recorded to the nearest pound and inch
Which combination of fiscal policy actions would most contractionary for an economy experiencing severe demand-pull inflation.
If the quantity demanded of beef increases by 5% when the price of chicken increases by 20%, the cross-price elasticity of demand between beef and chicken is:
Given that the annual average growth rate of potential GDP is 6.48%. Suppose the economy grows 0.5%/year faster than at the growth rate of potential GDP. What is the first quarter at which actual GDP exceeds potential GDP?
Suppose a monopoly manufacturer sells directly to a monopoly retailer. What are the implications in regard to price, output, and profits as compared to the case where the monopoly manufacture and monopoly retailer merge? Explain why
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