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Roads are (or at least should be) built to reduce transportation costs. Often we think in terms of saving time. However, as each vehicle enters the highway (with the same primary purpose), the highway becomes more congested. Assuming that no driver enters the highway with the primary purpose of causing congestion, the congestion that results is a negative externality. Discuss possible ways to reduce the externality of highway congestion. Don't be afraid to explore a variety of solutions.
Could the Coase theorem be applied in this case? Briefly explain.
Your answer to this question should be no more than one page.
Construct a graph showing the outputs, and prices before and after the corrective taxes were imposed.
Why might the existing firms in a cartelized industry prefer to be regulated by the government? What is the problem with common property resources?
Explain how can federal government spending crowd out private sector investment and consumption.
In this note we lay out some details regarding the term paper and some basic guidelines of how to approach the project. We do not want to impose strict rules, so have in mind that we expect that you exploit your creativity and interests.
Compare a $30,000 income in 1975 to that in 2015, and analyze the following questions: How is the availability of products expected to change over the years?
Apply all your knowledge in regards to submitting an outline for performing a security assessment of the seven domains of a typical IT infrastructure for a client.
Explain how would each of the following theories of comparative advantage explain the fact that the United States exports computers.
write an essay evaluating the role of governments in assuring that developing countries obtain a fair and adequate
What monetary policies do you think caused the crisis - What were the effects of the policies implemented in reaction to the crisis?
You are the manager of Taurus Technologies, and your sole competitor is Spyder Technologies. The two firms' products are viewed as identical by most consumers. The relevant cost functions are C(Qi) = 4Qi, and the inverse market demand curve for th..
Why is the public not outraged with corporations who could endanger an entire city through practices that may create environmental disasters, as they are with people who use physical force against others in personal crimes
A) explain hospital behavior in which the hospital administrators are maximizing their own utility functions by competing on the basis of quality B) explain the contrasting situation in which the doctors on the medical staff
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