Externalities, Types of externalities

Types of externalities

Principle of economic, You have decided to sell some goods at a local music...

You have decided to sell some goods at a local music festival. You have hired a sales stand for $500. Your cost per item is $3 and you will sell each item for $5. When you did your

Microeconomics, I need help on MCQs on international trade and imperfect co...

I need help on MCQs on international trade and imperfect competetion

Fundamental economy problem., how a capitalist system solves the three fund...

how a capitalist system solves the three fundamental economic problems

Demand for the big mac on the rise, Illustrate and explain the changing dem...

Illustrate and explain the changing demand for big mac using the indifference curve and budget line.

Price limit thory, sylos labini model of limit price

sylos labini model of limit price

Eoq formula, EOQ formula  The EOQ equation assumes demand is constant ...

EOQ formula  The EOQ equation assumes demand is constant and steady. It also assumes that demand for different items is independent. This is inappropriate for controlling inve

...., Homework 4 Q1. Suppose a consumer has utility function (u) = xy where...

Homework 4 Q1. Suppose a consumer has utility function (u) = xy where x and y are amounts of two commodities that this consumer consume. Suppose this consumer’s income is $120, pri

The lower the value MR of monopolist ,

Copper, Around 2007, the world copper price was $2.00 per pound and 12 mill...

Around 2007, the world copper price was $2.00 per pound and 12 million metric tons per year was the quantity transacted. A) Assume copper’s demand elasticity is -.5 and supply elas