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Explain: "without a market for pollution rights, dumping pollutants into the air or water is cost less; in the presence of the right to buy and sell pollution rights, dumping pollutants creates an opportunity cost for the polluter." What is the significancee of this opportunity cost to the search for better technology to reduce pollution?
Fair weather helps produce the best crop of peanuts in a decade. Which determinant of cumulative demand causes the change
Assume that equilibrium real GDP is 800 billion, potential gdp is 900 billion, the mpc is .80, and the mpi is .40 . What is the size of the GDP gap.
Explain the concepts of scarcity also choice also elucidate how they function in economic system.
Utilizing productive efficiency as guide, which nation should produce Chevrolets and which should produce Toyotas.
Illustrate what is the most money you can make on this position. Elucidate how far can the stock price move in either direction before you lose money.
How each market participant cares only about their own self interest rather than about the overall efficiency of resource us
Do you agree with Seligman's position on the importance of Well-being? Do you agree that PERMA is what will make you happy?
Illustrate the effect of captial formation by comparing the production possibilty curves, at the present time and ten years in the future, for two economies.
Limited partnership arrangements alleviate which traditional problem associated with real estate investments.
Illustrate what is the composite rate of return for the Honda Motor Corp. engineering group in the previous problem if the reinvestment rate.
Derive total, average and marginal revenue schedules. Explain why your answer to part is an example of marginal analysis and optimizing behaviour in general.
it can sell its output for $25 each. Illustrate what is break-Explain how your work both graphically and algebraically.
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