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1. Consider the situation of the concept of Green energy policy and conservation. What is the issue at hand and what are they hoping to do? Explain.2. What are the anticipated benefits of using the electric cars and the new florescent light bulbs? Explain.3.What costs may these policies have on the economy? Explain. How can these policies cause agents to change their activity in the long run that could make problems worse? Explain.
In a separate group discussion board, present two arguments. The first should argue in favor of the proposed merger, from the perspective of the firms. The second agrues against the proposed merger from the perspective of the broader public intere..
Compute the natural rate of unemployment. Does it depend on the way people form their expectations of inflation? 2. Discuss the way people form expectations of inflation is modeled. 3. Compute the rate of inflation for years t, t+1, t+2 and t+3. 4. N..
The most common technology used for dry cleaning clothing uses toxic substances that, if disposed of in drains, will contaminate the water supply and cause brain damage in some people. The cost to society of these health effects has been estimated..
If the economy is in equilibrium and suddenly the level of planned investment increases by $2 billion, national income will increase by, In the Keynesian income-expenditure graph, total savings at each level of national income is indicated by
Now suppose the two doctors play this game twice. Also, suppose each doctor can play one of two strategies: it can play either "always charge the low price" or "tit for tat"- that is, it starts off charging the high price in the first period
Citrus Speculation and Forecasting, Corporation, has been employed by a private consortium of orange growers to forecast what will happen to the price and output of oranges under the situations listed below.
Consider the competitive market served by many domestic and foreign firms. The domestic demand for such firm's product is Qd=500-1.5P. The supply function of domestic firms is Qsd=50+.5P, while that of the foreign firms is Qsf=250.
Bargaining outcomes in a market-related situation are in general indeterminate and not obvious to the parties in the negotiation.
Find out the quantity at which profits are maximal. given that quantity, find out the price charged and monopolist's profits. (solve for answers using the equations)
What is the purpose of the policy Why is the policy necessary The welfare of consumers, producers, and society (the winners and losers) before and after the policy The distribution of costs and benefits Does government intervention improve the sit..
analyze the impact on the consumer's demand of the following three policies under the assumption that the market price does not change.
Suppose that Auburn begins a new living wage that paid all retail workers in the city $18 per hour, while the going wage in neighboring Roseville for retail workers was $8 per hour . If the odds of getting a job as a retail worker in Auburn are 40..
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