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Pollution is a negative externality that the government attempts to correct by using a variety of means. Public education is a positive externality that the government attempts to correct by using a variety of means. Based on our reading for the week address these externality issues. Please respond to all of the following prompts:
•What is the best solution to the problems in education that exist today in the United States? Justify your answer using economic analysis.
mitchell electronics produces a home video that has become increasingly very popular with children.nbsp
Suppose the supply function is Q=4P^2 and equilibrium quantity=36.What is the price elasticity of supply? What are the steps to find this?
Illustrate with a graph how the PPF presents a strong rationale for the plausibility of the law of supply and supply and demand graphs indicating the change in equilibrium price and quantity.
The government is considering a policy to reduce air pollution by restricting the use of "dirty" fuels by factories. In deciding whether to implement the policy, how, if at all, should the likely effects of the policy on real GDP be taken into acc..
When a firm focuses on increasing profitability by customizing the firm's good or services so that they provide a good match to tastes in different national markets, it is pursuing A Localization strategy.
when asking about what is offered from each plan to help you decide would you not want to know how much each costs? if
During the energy crisis of the 1970s, and again in the last 5 years, Congress bemoaned the "price gouging" and "windfall" profits of the major oil companies. In the 1970s Congress imposed an "excess profits tax" on these co..
select one of the companies below and conduct some basic research.british petroleum bp facebook hyundai dunkin donuts
Show that maximizing prot implies cost minimization.
international trade is a complex area of study. effects of policies currencies tariffs trading arrangement and other
Suppose that the learning effect coefficient in the production of wrist watches is -0.2. If the average cost of producing the first watch is $100, what will be the average cost of producing the 40th watch?
1. the owner of the thomas car wash believes that the relationship between the number of cars washed and labor input
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