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The Acme Waste Company of New York City dumps waste into the Atlantic.
It has a supply function of Q^s=5000p where p is the price per ton of waste disposed and Q is the quantity in tons. The demand for waste disposal for New York City residents is Q^= 400,000 - 1000p.
Unfortunately, the disposal system is not perfect: some of the waste washes up on the beaches of New Jersey.
The cost of cleaning up the beach is valued at $20 per ton of waste disposed. Use graphs and algebra to answer the following.
a) What is the market price of disposal? At this price how many tons will be disposed? b) What is the efficient amount of waste disposed? What price should be charged for disposal?
U.S. exports as a percentage of GDP have increased, but have not nearly doubled over the last 50 years. The U.S. currently has a trade surplus. U.S. exports as a percentage of GDP have about doubled over the last 50 years. The U.S. currently has a tr..
Too often businesses look at short term return on investment (usually one to four quarters), and they miss longer term strategic goals. A great example of this was the choice by Toyota and Honda to embark on developing hybrid technologies twenty year..
What are the ethical questions raised by cloning? Is there any moral difference between applying genetic engineering technologies to humans and applying them to animals and plants? What role should governments play in making policies regarding ethica..
Under what conditions might the Justice Department approve a merger between two companies that operate in an industry with a premerger Herfindahl-Hirschman index of 2,900 if the postmerger index is expected to increase by 225.
q1. monopoly. please respond to the following.imagine monopolizing a service or product of your choice. discuss explain
Given the Demand and Supply functions: Draw the demand and supply curve. Identify Consumer and Producer Surplus in the graph. Find consumer surplus, producer surplus, and social welfare. The government sets a price floor Pf = 150. Is the price floor ..
Examine the first diagram showing the monthly production possibility frontier for the Tivoli and the monthly production possibility frontier for the Frivoli. Which tribe now has an absolute advantage in producing spaghetti? Which has the comparative ..
List and describe the four types of unemployment. Using the expenditure approach, give an equation for GDP. Now explain it. If the CPI for 2006 was 170 and the CPI for 2007 is 204, what is the current inflation rate?
Which of the following is not true in regards to direct materials for a bakery? Eggs would probably be a direct material. Flour and sugar would probably be direct materials. Oil to lubricate factory machines would not be a direct material. Paper cupc..
Price discrimination allows firms to make more money by partitioning their customers into at least two distinct groups, those that:
You are in the market for a stock that is currently selling at $20. You intend to sell the stock immediately after you receive a dividend payment of 20 cents per share. Moreover you believe that you can sell the stock at $21 per share. If bonds are c..
Write a report named Tax Planning Considerations for Employees. The report will involve tax planning issues related to the organization’s employees. USco designs and manufactures specialized equipment used in various manufacturing applications.
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