Externalities, Microeconomics

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What are corrective taxes? Why do economists prefer them to regulations as a way to protect the environment from pollution. Discuss

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Marginal cost & marginal revenue, If Coolest IceCream ice cream parlor has ...

If Coolest IceCream ice cream parlor has been closing at 5pm with $120 of marginal revenue and $80 of marginal cost for the last hour open, what should Coolest IceCream do to maxim

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Simple Inventory Model  Firstly, the product level initiates a demand, which generates a demand at the component level and then in turn at the raw material level. Think of an

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The concept of opportunity cost occupies a very important place in modern economic analysis. The opportunity cost of any good is the next best alternative goods that are sacrificed

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Q. Level of aggregate demand in economy? Demand-pull inflation takes place when there is an increase in level of aggregate demand in economy. Aggregate demand comprises five co

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Frictional and Cyclical Unemployment: Frictional Unemployment: It refers to unemployment caused by changes in individual labour markets. This is the type of unemploymen

Wave theory , what is the energy of violet light with a frequency =7.50 x 1...

what is the energy of violet light with a frequency =7.50 x 10 to the 14 s-1

Atoms and molecules, who proposed the law of chemical combinations?

who proposed the law of chemical combinations?

., wHEN WAGE IS $6.05, HOW MANY HOURS ARE WORKED A WEEK?

wHEN WAGE IS $6.05, HOW MANY HOURS ARE WORKED A WEEK?

Capital intensive operations, Where minimum efficient scale is very huge fo...

Where minimum efficient scale is very huge for capital intensive operations, it may be more cost effective to allow one company to spread its fixed costs over a very huge number of

Inelastic, "price makers" never want to produce in the inelastic part of th...

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