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What would a marginal benefit / marginal cost graph look like if zero pollution was the optimal level? (Multiple answers allowed)
1. The marginal cost and marginal benefit curves intersect on the y-axis
2. The marginal benefit curve is always above the marginal cost curve and the distance among them is growing
3. The marginal benefit curve is always above the marginal cost curve and the distance among them is constant
4. The marginal cost curve is always above the marginal benefit curve and the distance among them is growing
5. The marginal cost curve is always above the marginal benefit curve and the distance among them is constant
Discuss how forward and options contract can be used by the company to hedge its exposure to exchange rate risk.
Suppose that the market for radios is perfectly competitive and there is the simultaneous increase in supply and demand. What can be said about the new equilibrium relative to one before the shifts in supply and demand occurred?
graph long-run equilibrium to include mc ac d and mr to answers for questions 1 through 41. perfect competition2.
suppose that the following equations describe an economy. c i g t and y are measured in billions of dollars and r is
. In a sample of 300 houses, the sample average price was found to be $196,340. Assume the variance of house prices is 120,000,000. Let random variable X denote house price, and ? denote its unknown population mean, E(X) = ?. For each of the follo..
Calculate the following for Brian and Kim's firm
Discuss the pros and cons of such a policy from a short-run versus a long-run perspective. Also, include a discussion of the Phillips curve in your analysis.
The domestic demand and supply for sugar are Qd = 40,000 - 200 P. The foreign supply is QSF = 20,000 + 100 P. Determine the total supply of sugar in the domestic market?
Suppose the equation for the LM curve is Y=13500+100r. Use this equation to explain the level of income at which there is a zero lower bound on the federal funds rate, the interest rate that the Fed controls.
the ceo has expressed some reservation about the existing tuition reimbursement program which is quite expensive. the
Consider the advantages and disadvantages of the European Union adopting a common currency and determine if this move was a good idea or not
Assume the market for wooden toothpicks is competitive. Earlier this week, in a nationally published study, 4 out of 5 dentists enthusiastically endorsed the benefits of toothpicking for dental health
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