Why would the hunt clubs treat the harvesting of bucks

Assignment Help Microeconomics
Reference no: EM131021441

Deer-hunting clubs in southeast Virginia impose a fine on anyone harvesting a buck with antlers below a certain size on land where those clubs have exclusive rights to hunt. The hunt clubs, however, do not impose a fine for harvesting a buck with small antlers on land where several clubs have the right to hunt. Why would the hunt clubs treat the harvesting of bucks on the two lands differently?

Reference no: EM131021441

Questions Cloud

Assuming a constant debt–equity ratio : You’ve collected the following information about Odyssey, Inc.: Sales $ 165,000 Net income $ 12,600 Dividends $ 8,300 Total debt $ 66,000 Total equity $ 55,000 What is the sustainable growth rate for the company? Sustainable growth rate % If it does ..
Calculate the balance of work-in-process inventory : Calculate the total amount by which manufacturing overheads were over or underallocated for the month of February - Calculate the balance of Work-in-process Inventory as at 1 April.
Write the equation of the line with given slope : Write the equation of the line with given slope and y-intercept. Then graph each line using the slope and y-intercept.
What economic problem were village elders trying to prevent : Those who committed this breach of trust were often shunned by the whole community; no one would speak to the offender, or even acknowledge his existence for a year or more. What economic problem were the village elders trying to prevent? Do you t..
Why would the hunt clubs treat the harvesting of bucks : The hunt clubs, however, do not impose a fine for harvesting a buck with small antlers on land where several clubs have the right to hunt. Why would the hunt clubs treat the harvesting of bucks on the two lands differently?
Will current expatriates have to take part in the training : Decide whether it is going to be mandatory for all new expatriates, and explain the logic behind your decision. Will current expatriates have to take part in the training?
What approximation should be used : If 5,000 babies are born at a particular hospital in a given year, what approximation should be used? What is the approximate probability that there is at least one baby with the defect?
Draw a graph showing the optimal size of the park : Draw a graph showing the optimal size of the park. Be sure to label the curves on the graph. Briefly explain why a park of 2 acres is not optimal. 4.5 Commercial whaling has been described as a modern example of the tragedy of the commons. Briefly ..
Critical analysis of accounting research case : Critical analysis of accounting research case - You are also required to review the literature that highlighted the factors that impede students from choosing accounting as a field of study or as a career.

Reviews

Write a Review

Microeconomics Questions & Answers

  Marginal revenue product of labor equals

A monopsonist hires the amount of labor where the marginal revenue product of labor equals the:

  Explain how marginal cost increases decreases or remains

business owners managers and aspiring entrepreneurs need to know the best form of business organization to select based

  Compute hhi for the industry if firms 6 and 7 decide to

suppose there are 12 firms in an industry.nbsp the percentage of total sales is given in the following

  Why does this situation violate transitivity

A consumer likes sugar in her coffe, but she simply cannot taste the difference between a cup of coffee with n grams of sugar in it and a cup of coffee with n+1 grams. Suppose a teaspoon of sugar is 6 grams, and suppose she takes her coffee with one ..

  What actions have either helped or hindered our progress

With regards to the changes within the economic structure, how do politics and government regulation factor into the changes we see to economic activity on both a domestic and global scale What actions have either helped or hindered our progress

  Compare the quantities demanded between old and new bundles

Suppose that the price of good X rises and the price of good Y falls in such a way that the consumer's new optimal consumption bundle lies on the same indifference curve as his old bundle. Graph this situation. Compare the quantities demanded be..

  Bank''s capital-asset ratio

Which of the following is true regarding a bank's capital-asset ratio? The ratio gives an overall picture of the quality of business loans the bank is making.

  Conclude about the shape of the average cost curve

Suppose there are a wide range of plant sizes in an industry. What do you conclude about the shape of the average cost curve if the plants are in the same area?

  Question 1 using the same amount of resources the united

question 1 using the same amount of resources the united states and canada can both produce lumberjack shirts and

  What output does the firm produce

*Dayan's Doorstops, Inc. (DD) is a monopolist in the doorstop industry. Its cost is C = 100 - 5Q + Q2, and demand is P = 55 - 2Q. a. What price should DD set to maximize profit? What output does the firm Produce? How much profit and consumer surplus ..

  How does scarcity of resources apply to economic decisions

What are economic resources and how does scarcity of resources apply to economic decisions

  Find the long-run implications of adding this benefit to

a pet store is considering adding an employee discount of 25 off anything in the store to the benefits the employees

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd