Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Consider a town that is planning a firework festival during the Fourth of July night. It cost $360 to provide 10 minutes of fireworks. The marginal private benefits (MPB) for the three residents are shown in the table below.
MPB MPB MPB MPB
Person for the for the for the for the first 10 min next 10 min next 10 min next 10 min
500 280 190 100 Person A
150 110 90 70 Person B
100 90 80 50 Person C
What is the total benefit to all residents by providing 20 minutes of firework?
What is the socially optimal level of fireworks?
If the cost of providing firework is divided to the three residents equally, what would be the firework level decided by the majority voting rules?
your firm operates three plants. the cost functions vary across the three plants.plant amarginal cost 6qaverage
Do anticipated changes in m (that is, changes that are expected as of when rigid-price firms set their prices) affect y and Find the first-order condition for the period-2 policymaker's choice of G2 given D.
Illustrate how is the magnitude of each affected if, instead of a moderate inflation, hyperinflation occurs.
Explain how each of the following variables will be affected by proposed steps that you have identified in the first part of the discussion: money supply, interest rates, inflation rate, aggregate demand, and output. Provide support for your response
In neoclassical growth models, the sources of growth, is exogenous usually "technology". Such theoretical models hence are able to describe how an economy grows, but not why it grows. To overcome this shortcoming, several growth models have bee..
Illustrate what are the three major categories of revenues for the federal government. Please comment on each and indicate their relative importance to each other.
The government finances its purchases through lump-sum taxes on consumers, where T denotes total taxes, and the government budget is balanced every period, so that G = T. The solution for steady state capital per worker k.
industry a has market shares of 50 30 and 20. industry b has market shares of 45 40 and 15. hint hhi ? si2 where si
What are the market equilibrium price and quantity - What price do farmers need to charge in order to sell all of the milk they are supplying?
Explain what caused the Financial Crisis of 2007-2009 and explain how in the economy could be self-regulating in the long-run and should recover from the Great Recession.
How many types of merger and integration activity do you know? Show the advantages and eventual disadvantages of each kind.
1.what factors are important in determining the length of the imitation lag and the length of the demand lag?
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd