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Buchanan Industries receives total benefit from polluting according to the formula: π= 10Q-Q^2, where Q= pollution emitted in tons, and profits are measures in dollars. The total damages associated with pollution from this facility are estimated to be D= Q^2 +2Q. (1) What is the deadweight loss associated with Buchanan ignoring the damages that its production causes? (2) Those who live near Buchanan propose that it produce no more than Q=1. What is the deadweight loss associated with this level of production?
Distinguish between craft unions and industrial unions.
1. a study of the costs of electricity generation for a sample of 112 british firms innbsp 1946 - 1947 yielded the
How can you justify the existence of government-granted monopolies for public utilities such as natural gas distribution and electricity in the light of traditional economic argument that the more competition there is, the more likely it is that a..
a researcher wishes to investigate the impact of immigration on the canadian labour market. she uses time-series data
In developing nations, young women have lower enrollment rates in secondary school than do young men. Describe several ways in which greater educational opportunities for young women could lead to faster economic growth in these countries.
What two methods can a less developed country use to finance its economic development. internal financing & debt rescheduling or else.
1. assume nail mania advertises in the local newspaper. each day it advertises costs 100. over the past several months
pareto optimality states a change is efficient as long as at least one person is better off and no people are worse off
If the United States eliminates the tariff and the voluntary restraint agreement is approved, what will be the U.S. domestic price of the metal?
RedBall Productions is a new company based in Orem, Utah.RedBall supplies stock images of still photography.
Calculate what happens to the income of workers and orchard owners if the world price of apples doubles to $4. Ectenia has 200 workers who supply their?
drugs r us operates a mail order pharmaceutical business on the west coast. the firm receives an average of 325000 in
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