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A factory benefits from discharging effluent, q, into a lake. The marginal benefit function is given by 60-2q. The pollution causes damages to two nearby communities. The marginal damages to Community A are 1q. The marginal damages to community B are 2q.
Now suppose a new technology allows the communities to measure the quantity of pollution from the factory. What is the quantity of abatement that would be observed if the two communities could not reach an informal agreement among themselves, but each community could undertake a transaction with the factory? Would there be a free rider problem, yes or no? If yes, which party would free ride?
Explain how much is the market paying per share for growth opportunities. Exzplain what is your expected one-year holding period return on HP stock.
How monetary policy affects aggregate supply and demand and inflation, explain exactly how a change in the federal funds rate can trigger all these reactions. Use at least 4 graphs. Do you think we are in a liquidity trap today? Why or why not?
Cheaper used textbooks raises the marginal cost (MC) of attending CSULB. c. Cheaper used textbooks lowers the marginal benefit (MB) of attending CSULB. d. Cheaper used textbooks raises the marginal benefit (MB) of attending CSULB.
One of the major problems in macroeconomics is disagreement in the debate over policy activism versus policy rules.
Explain the principles of microeconomics apply to other country. Describe any differences or special situations.
Assume the demand and supply for milk are described through the following equations: QD = 600 - 100P; QS = -150 + 150P, where P is price in dollars,
Illustrate what do you think are the prospects for reducing global climate-changing emissions. Be sure to address these points.
Prepare an salary statement for the month utilizing the contribution format and the variable costing method.
Assume the new leadership in Congress decides to repeal some of the tax breaks granted to large businesses during the past several years.
Discuss the real output and in ation expressions verbally - New Keynesian model with technology shocks
What is the value of the money multiplier? What is the value of the nomial money supply? What are the nominal values of deposits, currency and reserves?
Do protectionist policies benefit producers, consumers, workers, or the government? Explain. b) Explain how the "Buy American" theme hurts Americans.
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