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Evaluate each of the following proposals to raise money to address global warming. Consider for each the equity issues, whether the proposal will work, and the efficiency in terms of minimizing transactions costs.
a. An advertising campaign urging everyone to walk and bicycle to work instead of driving.
b. Impose a tax on carbon (a component in gasoline, heating oil, and coal).
c. Raise the income tax and dedicate the money to subsidizing solar and wind power and home conservation.
d. Impose an international tax on all activities that produce atmospheric carbon dioxide and use the revenue to pay people in low-lying countries to relocate when the ocean levels rise.
The fresh milk market in Honolulu is purely competitive. The typical production cost is defined through a a cubic cost schedule as given below.
ltbrgtchapter 1 ltbrgt ltbrgtq1 assume an individual is considering opening a new car dealership in a medium-sized
Management has recognized the effect of changes in the real-world competitive environment and government policies on other industries and anticipates similar events occurring in their industry, so they ask you for a report considering the following p..
Find the equilibrium contract assuming that Cristina is a monopolist and derive expressions for E(Π1) and E(Π2), the expected value of Cristina's profits from loans that finance Projects 1 and 2 respectively - What is the expected profit that Jonatha..
According to the chief engineer at the Zodiac Corporation, Q=AL^a K^b, where L is the rate of labor input, Q is the output rate, and K is the rate of capital input.
1. solve the following linear programming problem graphicallymaximize 2x1 3x2subject to x1 le
Where Q is the number of cars washed per hour and L is the number of people employed per hour. The firm receives $5 for each car washed, and the hourly wage rate for each person employed is $4.50. The cost of other inputs like water is trivial; hence..
Kate's Katering offers catered meals, and catered meals industry is perfectly competitive. Kate equipment costs $100 per day and is the only fixed input.
Discuss the circumstances under which you think functional organizations will work best. Discuss the pluses and minuses of matrix organizations.
Discuss why a firm might want to adopt 360-degree reviews. What are the likely problems with this type of performance evaluation?
Suppose you are the manager of a bakery that making and packaging gourmet bran muffins, and you currently sell bran muffins in packages of three.
The following table shows information for a simple production function. From the data in the table, calculate marginal and average products.
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