What is an example of a positive externality

Assignment Help Econometrics
Reference no: EM131144264

What is an example of a positive externality? of a negative externality? Why are goods with negative externalities often overproduced? Why are goods with positive externalities often underproduced? Give an example for each.

Reference no: EM131144264

Questions Cloud

How to choose the right virtual disk format : Go to the Biztech's Website to read the article titled "How to Choose the Right Virtual Disk Format". Determine one advantage and one disadvantage of using a dynamic image type.
Determine the probability that the ending value of the deale : At some casinos, the dealer is required to stay (stop taking hits) when the dealer hand reaches soft or hard 17. A hand of soft 17 is one including an ace that may be counted as 1 or 11. In all casinos, the dealer is required to stay with soft 18, 19..
Prepare a power point presentation : As the project manager, your task is to create a presentation for the community at the town hall meeting next week.
Edmunds co sold merchandise on account to jeff gallup : On January 10, 2010, Edmunds Co. sold merchandise on account to Jeff Gallup for $13,600, n/30. On February 9, Jeff Gallup gave Edmunds Co. a 10% promissory note in settlement of this account.
What is an example of a positive externality : Why are goods with negative externalities often overproduced? Why are goods with positive externalities often underproduced? Give an example for each.
Compare and contrast hids and nids : Compare and contrast HIDS and NIDS, and provide at least one example identifying when one would be more appropriate to use over the other. Provide a rationale to support your chosen example.
Calculate both cp and cpk : Using an USL of 40 and an LSL of 20, calculate both Cp and Cpk where Cp = (USL-LSL)/6*σ and Cpk = Minimum of (USL-μ)/3σ and (μ-LSL)/3σ.
How byod either positively affect an organizations security : Provide a real-world example of how BYOD either positively or negatively affected an organization's productivity and / or security.
What is meant by pareto efficiency : What is meant by Pareto efficiency? What is required for the economy to be Pareto efficient? If the conditions of the basic competitive model are satisfied, is the economy Pareto efficient?

Reviews

Write a Review

Econometrics Questions & Answers

  Can they produce any linear combinations

two people live alone in isolated regions, have the same resources, grow potaotes and chickens, if one devotes resources to growing potatoes they raise 200 lbs a year. if they grow chickens they raise 50 a year. if they apportions some resourcs to ..

  What is probability distribution of equivalent construction

a road between fairbanks and Nome, alaska, will have a most likely construction of $4 million per mile. Doubling this cost is considered to have a probability of 30%, and cutting it by 25% is considered to have a probability of 10%. the states int..

  Behavior of annual real gdp growth during three recessions

The rate of unemployment remains substantially higher after the crisis-induced recession in 2009. In that recession, unemployment benefits were extended in length from 6 months to 12 months. What does the model predict the effect of this policy wi..

  If interest rate is given then which press should be chosen

The crockett Land Winery must replace its present grape-pressing equipment. The two alternatives are the quick-skwish and the stomp-master. the annual operating costs increase by 12% each year as teh machines age.

  How your organization can mitigate the short-term issues

If the organization does not have a code of ethics, explain why a code should be created and how it could assist them. Analyze the implications and risks of not having a sound code of conduct/ethics.

  Calculate the equilibrium level of gdp

the government wants to adopt a fiscal stimulus, but is worried about raising the budget deficit, so, it decided to raise expenditure and taxes by $200 each, what will happen to equilibrium GDP? Creat a new multiplier model graph and show separate..

  What steps should it take to lower costs and still produce

A firm uses two variable inputs, labor, L, and raw materials, M, with typically shaped isoquants. It pays $20 per hour for L and $5 per unit for M. At the current mix of L and M, the marginal products of L and M are: MPL = 20 MPM = 4 Is the firm m..

  What is the present value of the firm at the discount rate

A firm is expected to earn $10,000 one year from today, $25,000 two years from today, $48,000 three years from today, and $75,000 four years from today, after which it will be dissolved. What is the present value of the firm if the discount rate i..

  What are the implications of these trends

What are the implications of these trends for managerial decision making in the copper industry?

  How differences in demand and elasticity lead managers

Examine the major complexities that would arise under expansion via capital projects. Propose key actions that the company could take in order to prevent or address these complexities.

  Determine cash flows using a uniform gradient factor

You have the following end of year cash flows: Y0 = $400 Y1 = $300 Y2 = $200 Y3 = $100 Y4 = $0 Y5 = $0 Y6 = $0 Y7 = $500 Y8 = $500 Y9 = $500 Equate the following cash flows to equal cash flows in years 5,6,7,8 and 9. Let i = 8% per year.

  What is the weekly marginal product of a practical nurse

The consultants of Allcare Family Clinic (AFC) have determined that if the clinic hires two more practical nurses, without any other changes in its operation, it can increase the number of patients it treats during a week from 200 to 220.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd