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Q. What do you mean by Externality?
An externality exists when the actions of one individual affect the wellbeing of other individuals without any compensation taking place. For illustration, the discharge of a CSO (combined sewer overflow) will be a negative externality to informal recreational users of a river corridor, to the extent that it will tends to an aesthetic degradation of the river, for which they will not receive any financial compensation. You may also have positive externalities, for example, an industry which uses a better waste treatment process will improve the river quality.
Plot the demand schedule and draw the demand curve for the data given for Marijuana in the case above?
please can you explainn what "down 0.1 percentage point on the quarter means"?
Ali Pizza’s production function is shown in the table above. Ali currently operates Plant2. He hires workers at a wage rate of $50 a day and his total fixed cost is $150. a) Calcul
Q. Distribution of income? Distribution:Distribution of income reflects the process by which real output of services and goods produced by the economy is allocated to different
Why is it so difficult for government to achieve all macro objectives simultaneously? Specifically showing possible trade-offs i.e. a) Stimulatory policies which enhance AD
assingnment on production cost
Determinants of reserve price
if you were making the pricing decision for the gasoline company, would you cut, raise or leae the price unchanged
supply and demand
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