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Question - What goes into assessments of net benefits of an environmental policy? Why does environmental economics place as much emphasis as it does on exact welfare measurements of these net benefits?
monetary policy is difficult when interest rates are low. for example in the early 2000s the bank of japan lowers the
According to the career opportunities on their websites, what are some of the things that all three firms (Volkswagen, Volvo, and Ford) offer to motivate new employees? Which of the three has the best motivational package?
The variable cost function of a competitive firm is given by VC = Q3- 40Q2+ 1600Q Assume the firm's fixed cost is $1,500- If the market price for a unit of Q is $1,400, determine the firm's profit maximizing level of out and its profit.
Why is the Cournot equilibrium stable? (i.e., Why don"t firms have any incentive to change their output levels once in equilibrium?) Even if they can"t collude, why don"t firms set their outputs at the joint profit maximizing levels (i.e., the levels..
suppose you are a regulator in charge of allocating water between residential and agricultural users farmers in
While industrialised countries manufacturing tariffs have been cut significantly as a result of the past GATT rounds, agriculture remains heavily protected in many countries. Briefly discuss the welfare effects on domestic and international consumers..
Explain why hyperinflation has such a devastating impact n economies. Explain what it takes to stop hyperinflation Describe the three types of unemployment. What types of government programs would be most effective in combating each type of unempl..
As a transit planner, your job is to predict ridership and total fare revenue. Suppose that short-run elasticity of demand for commuter rail (over a one-month period) is 0.60, and the long-run elasticity (over a two-year period) is 1.60.
The results are estimated to positively impact net cash flow starting 6 years from now and for the foreseeable future at an average level of $6 million per year. As an initial screening for economic viability, determine both the no-return and i ..
If the exchange rate between the dollar and the pound (the pound price of the dollar) is 1.50, and is expected to be 1.65 in one year, then the expected rate of:
Explain carefully why it makes better sense to shut down rather than continue to operate or to continue to operate rather than shut down, as the case may be. How do fixed costs play a role in your analysis?
Under what circumstances can you imagine making poor decisions because of lack of information?
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