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Buchanab industries receives profits from polluting according to the formula profits=10Q-Q^2, where Q = pollution emitted (in tons), and profits are measured in dollars. Marginal benefits of polluting, derived from this function, are MB=10-2Q. The damages associated with pollutin from this facility are estimated as Damages=D=q^2+2Q, where damages are measured in dollars. The marginal damages(costs) associated with that function are MD=2Q+2. Draw a graph iwht the marginal benefits and marginal damage curves.
Distinguish between the crowding-out effect also the Ricardo-Barro effect. Elucidate how are the two effects related
Illustrate what output does the low point of ATC occur and illustrate what is the ATC at that output. Explain how your calculations.
Is the price mechanism of a perfectly competitive market a good mechanism to allocate gasoline.
what is the short run equilibrium level of output in this economy.
The rapid globalization of capital markets enables persons also institutions based in one nation to invest in corporations based elsewhere with relative ease.
To explore the implications of this view, suppose that an economy consumes all wage income and saves all capital income. Show that if the factors of production earn their marginal product, this economy reaches the Golden Rule level of capital.
what are the examples to producers take advantage of the internet to implicitly fix the prices
Assume your elasticity of demand for your parking spaces is -0.5 and price is $20 every day. If your MC is 0 and your capacity at 9 a.m. is 96% full over the last month are you optimizing.
Why does the assumption of independence of risks matter in the examples of insurance.
find out an expression for her marginal cost and her average cost per patch of grass as a function of the amount of grass she gets from every patch
Expalin why is the depreciation of capital good a cost of society
Illustrate what is the book value at the end of the third year.
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