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A factory benefits from discharging effluent, q, into a lake. The marginal benefit function is given by 60-2q. The pollution causes damages to two nearby communities. The marginal damages to Community A are 1q. The marginal damages to community B are 2q.
Now, two other factories start producing in the area and benefit from polluting, too. For each, the marginal benefit from pollution is given by 60-4q. What is the new socially optimal quantity of pollution?
Assume that the soft coal industry is a competitive industry and it is in long run equilibrium. Now assume that the firms in the industry form a cartel.
Write an equation that summarizes the cost function for her operation, as well as equations that summarize the marginal, average variable, average fixed, and average total costs of selling fresh drinking water at the kiosk.
Explain how the economy affects the success of the auto industry. Economic influences that can affect the industry in a negative way.
B3 Oraganization is a manufacturing firm that uses job order costing. The company applies overhead to jobs using a predetermined overhead rate based on machine-hours.
Assume if you scale up every price and nominal income in the same positive proportion Elucidate why this is true.
How does electronic commerce influence importing? How does electronic commerce influence exporting? Describe and explain how the use of social media is impacting domestic and international trade.
An individual has to choose between investment A and investment B. The individual estimates that income and probability of the income from each investment are given in the following table (a) Using Excel's statistical tools, calculate the standard..
Mark Martinko has been a class A racquetball payer for the last 5-years, and one of his biggest goals is to own and operate a racquetball facility.
Then list one good reason to allow tire imports and one good reason to restrict tire imports. Give a short explanation for each reason.
Illustrate what is a fixed exchange rate system. Discuss whether it is basically good or bad, and explain.
The questions asked if a paper mill manufactures $1 million worth of paper this year but adds considerably to the pollutants in a nearby river, are the social expenses arising from this pollution reflected in the gross domestic product?
Assume a typical customer’s inverse demand function for bottled water at a resort area where one firm owns all the rights to a local spring is given by P = 15 - 3Q.
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