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Consider smoking in a classroom, where students have the right to clean air. What types of externality does smoking in a classroom convey? Explain. How could this externality be solved according to Coase Theorem? Explain. How would it be solved using taxation/subsidies? Explain.
A new online patient diagnostics system for surgeons will cost $200,000 to install, $5,000 annually to maintain and have an expected life of 5 years. The revenue is estimated to be $60,000 per year. The MARR is 10%. Conduct sensitivity analysis based..
q1. a corporation has 7 million in equity. during the tax year it takes in 4 million in receipts and earns 2 million in
q1. currently there is an incumbent monopoly in a market. a potential entrant may enter. the incumbent can spend x
Develop an online service for IT training that includes scheduled as well as self-paced courses. The training service will be initially web-based but the architecture must have the option that different front-ends like applets, web services, or ot..
Illustrate what are the explicit, implicit, and total economic costs of the firm. How much economic profit does the firm earn.
Could the Fed affect the money supply by buying and selling goods or services other than bonds? For example, suppose the Fed decided to implement an expansionary policy.
Compute the profit-maximizing output for the price leader. Illustrate what the market price is given the price leader's output in (c). Elucidate how much does each competitive firm produce.
Using only.gov Websites report the current GDP, the current Federal deficit, the current Federal debt, the bottom line of the current (last) budget approved by Congress (surplus or shortage). Note that the fiscal year for the federal government is Oc..
Present the arguments for free trade and the arguments for protection of the US domestic steel industry. Analyze and evaluate the arguments. What policy should we follow in the steel industry and why
Edison Electric Company's president has been arguing that residential electric rates need to be raised relative to industrial rates.
______ signals that a recovery is coming, and is a condition to be expected at the trough of the business cycle.
Bonds issued by the U.S. Treasury consistently have lower yields than other bonds mainly because:
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