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The LoJack car recovery system allows the police to track stolen cars. As a result, they not only recover 90 percent of LoJack-equipped cars that are stolen but also arrest many auto thieves and shut down many "Chop shops" that take apart stolen vehicles to get at their used parts. Thus, LoJackprovides both private benefits and positive externalities.
Should the government consider subsidizing LoJack purchases? Explain your answer in paragraph format.
Why and under what situation should a company continue to operate when getting negative economic profits
Provide an example for each about decision-making, interaction and workings of economy. Explain how that influences marginal benefits and marginal costs associated with decision to purchase a house.
The maximum price that a few of the consumers are willing to pay is $0.20 per pound of cheese, and the price floor is set at $0.17 per pound. With the price floor at $0.17 per pound of cheese, consumers buy 211 billion pounds of cheese. How much cons..
If the returns of the risky portfolio are normally distributed, what is the probability of returns being less than 29%.
Why is it important to adjust for inflation when comparing nominal quantities at different points in time. What is basic method for adjusting for inflation.
Working at home (preparing meals, taking care of children is not counted as part of GDP. Such work also doesn't constitute employment in labor- market statistics. Calculate the measured employment and unemployment and the measured labor force for eac..
Suppose the distribution of innate ability is distributed symmetrically throughout a population but which the wage distribution is positively skewed.
q.two dry cleaners are located on a street of length 1 addresses are numbered from 0 to 1. the marginal costs of dry
what will happen to the value of the dollar? Use the demand-supply model of the dollar to explain. sales of luxury cars will decrease.
Assuming that the price of fuel is $5.00/G and is increasing at a rate of 4%/year while the discount rate is 6% calculate the equivalent level zed price over 20 years
Then click on Reports and then Beige Book to retrieve the summary report for current economic conditions by Federal Reserve District. Select the most current report.
q.given your answer in part b if px would increases by 10 by what percentage would sales decrease? what impact would
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