If an activity generates external costs, the decision makers generating the activity will: A be faced with its full costs. B be faced with no costs. C not be faced with its full costs. D be faced with excessive costs.
Q: FL = $18 4. A firm's fixed costs are $108. Using the competitive firm's cost diagrams below, find…
A: Ans. ) Given the question that,there is a competitive firm whose fixed cost is $108. For a…
Q: MCQ question it is
A: Option a: This option is correct a) Demand-pull inflation in the late 1960sIt's true that…
Q: 8. Ambedkar's economic theories challenged the prevailing views of: a) Classical economists b)…
A: 8. d) Economic Marxists Justification Reducing Economic Inequality: Ambedkar's economic theories…
Q: what is borrowing constraint and resale constraint in term of banking exoalin with example in real…
A: The objective of this question is to understand the concepts of borrowing constraint and resale…
Q: q 075150225 300 375 450 C(q)21 29 26 25 30 25 27 The table shows the marginal cost of producing q…
A: a) To determine the total cost of producing 225 units using the average of left- and right-hand…
Q: imagine that the market supply of peaches comes from Georgia (GA) and South Carolina (SC). The table…
A:
Q: Question 3.4 (15pts) Consider the following two mutually exclusive projects: Year A1 81234 0 -$1,800…
A: The objective of the question is to compare two mutually exclusive projects with unequal service…
Q: RATE 4. Excess supply with union wages Consider the housing construction industry. Assume that the…
A:
Q: View picture Also On the graph, use the grey line (star symbol) to indicate the world price of…
A:
Q: John is deciding whether to exert effort (e = 1) to avoid an accident at work or not exert any…
A: A want satisfying power of a commodity or service is known as its utility. Utility is a significant…
Q: se the supply schedule below to answer the questions that follow. Supply of Flower Bouquets…
A: To find the quantity of bouquets supplied when the market price is $20, we need to look at the…
Q: Fill in the blanks. Taxable Income Over But not over- Tax Rate $0 $10,000 10% $10,000 $50,000…
A: Step 1: Marginal tax rate is the rate applied to the next dollar of income.Since the taxable income…
Q: view picture
A: Economists contend that although domestic producers of protected goods may profit from tariffs and…
Q: In the endogenous growth model, a) the growth rate of human capital is equal to the growth rate of…
A: The objective of the question is to understand the relationship between the growth rate of human…
Q: A piece of equipment has a first cost of $190,000, a maximum useful life of 7 years, and a market…
A: 1. Define Variables and Functions:Interest rate (i) = 8% = 0.08Maximum useful life (n) = 7…
Q: The following question refers to the diagram below, which illustrates the marginal private cost,…
A: Pont J shows dead weight loss .A deadweight loss is a cost to society created by market…
Q: FORCASTING: using this data below using excel answer the questions please: Month Sales Jan-16…
A: INTERPRETATION The up-and-down movements in the graph indicate that sales experience periodic…
Q: view picture
A: The congresswoman's argument is predicated on the idea that tires are not just common goods but also…
Q: Using the table below, calculate the indicated values. Sector Consumption Investment Government…
A: Givena) Gross domestic product is calculated as ;= Consumption+ investment+ goverment spending+ net…
Q: Mitchell and Scott can produce either apples or oranges. The table lists the maximum number of each…
A: Mitchell and Scott can produce either apples or orange.The world price (apple) = $6/kg The world…
Q: Describe the Phillips curve (O.G., not modified/expectations) and draw a graph of the relationship.…
A: In macroeconomics, the Phillips curve is a historical concept that describes the inverse…
Q: Suppose that a monopolistically competitive restaurant is currently serving 250 meals per day (the…
A: a. Profit = Total Revenue - Total CostTotal Revenue = Price × Quantity = $12 × 250 = $3,000Total…
Q: ° Pizzan 4 5 2 ♡ B 4 199 0 1 2 3 4 5 6 7 8 9 10 Burgers Please refer to the graph above. A human…
A: Step 1: Step 2: Step 3: Step 4:
Q: To focus on producing one thing to improve productivity is known as: a) International trade b)…
A: Specialization refers to the practice of individuals, businesses, or even entire countries focusing…
Q: Between points A and B, curve LL is perfectly inelastic. - false Between points A and C, curve MM is…
A: Answer:Between points A and B, curve LL is perfectly inelasticFalseReason: Curve LL is a straight…
Q: None
A: We can give the following utilities to the results based on the preferences of the players in table…
Q: I need typing clear urjent no chatgpt used i will give upvotes
A: The truss is illustrated as: Getting the reactions from the supports: ∑MG=0 (clockwise…
Q: None
A: The text describes a scenario where the price of oil is $50 per barrel and the deadweight loss from…
Q: Suppose Clomper's is a monopolst that manuractures and sels stampen, an extremely trendy shoe brand…
A: Ans. ) Given in the question, Clomper's is a monopolist that manufactures and sells stompers, an…
Q: None
A:
Q: You are given that A d=0.03. Compute n-1 x:n = 0.40 and V, the net xn reserve one year before…
A: One year before to maturity, the net premium reserve for a 20-year endowment insurance policy had to…
Q: The four mutually exclusive alternatives below are being compared using the B/C method. What…
A: The objective of the question is to determine the best alternative based on the Benefit-Cost (B/C)…
Q: The wow great expert Hand written solution is not allowed
A: Step 1/6Understand the question. The question asks us to calculate the social compliance cost when…
Q: Consider the simple type of public goods experiment that we discussed in class and that is discussed…
A: Public Goods Experiment is a method used in economics and social sciences to study decision-making…
Q: Consider a rent-seeking game with N ≥ 2 contestants. The effort for person i is denoted by xi for i…
A: Utility, in economics, refers to the overall satisfaction or benefit a person derives from consuming…
Q: Diagram relevant answer
A: Option a: This option is correcta) Demand-pull inflation in the late 1960sThe demand-pull inflation…
Q: None
A: Referencehttps://kfknowledgebank.kaplan.co.uk/acca/chapter-4-pricing
Q: Write a summary of the fundamental concepts of economics.
A: The objective of this question is to provide a summary of the fundamental concepts of economics.…
Q: In trying to solve for the Cournot-Nash equilibrium, given (y;) = R₁(y) = 30-y 60-y == and (y2) =…
A: To solve for the Cournot-Nash equilibrium, we need to find the values of (y1∗) and (y2∗) that…
Q: for a firm with price in excess of average total cost, the presence of ecomonics profits implies…
A: The statement "for a firm with a price in excess of average total cost, the presence of economic…
Q: None
A: In the labor market of Kentria, the imposition of a minimum wage of $7 per hour has a significant…
Q: A small company heats its building and spends $8000 per year on natural gas for this purpose. Cost…
A: The objective of the question is to calculate the total annual equivalent expense for operating and…
Q: Hydrochloric acid, which fumes at room temperatures, creates a very corrosive work environment. A…
A: Step 1:To determine the minimum trade-in value that will make the challenger economically appealing,…
Q: Question Number 5 You will deposit money into a bank account according to the following schedule:…
A: 1. Calculating the Future Value (FV) of each deposit at the end of 12 years: The formula for the…
Q: 1. Understanding the backward-bending labor supply curve Consider the following labor supply curve:…
A: The income effect is defined as the change in demand for a good or service caused by a change in…
Q: None
A: To solve this problem, we need to understand the concept of the marginal propensity to consume (MPC)…
Q: 1 The demand curve for a certain product is given by p(q) = 581-q^2. The supply curve is given by…
A: The objective of the question is to find the producer surplus and consumer surplus at equilibrium…
Q: The wow expert Hand written solution is not allowed. Solve full question with proper explanation…
A: The initial deposit = $3,500Reserve requirement ratio (r) = 10% = 0.10 Money…
Q: just b please. Mainly the "calculating the differences estimate between the free option and $3…
A: The TED Talk Delivered by Esther Duflo: The Use of Randomized Controlled Trials to Combat…
Q: Use the figure below to answer the following question. Capital goods (per person) A E B о…
A: To determine which point results in the most rapid rightward shift of the production possibilities…
Step by step
Solved in 2 steps
- warten population manghe ecosystem's Carrying capacity? 6. We have the following data for Demand Price and Costs for our product. Quantity Demand Price Costs 300 100 $21.63 $35.35 $5040.00 $2347.67 500 $17.25 $7481.67 1000 $12.70 $12469.67 1500 $10.26 $16196.00 We have reason to believe that the Demand Price is a power (exponential) function of some kind. Our Cost function is close to linear, but we expect, from some market analysis, that it is in fact quadratic. Approximate this data with a Demand Price function and a Cost function. Explain how confident you are; that is, how much error do you think is reasonable in this type of scenario? 区A cost not borne by the producer but borne by other people is known as cost. an external an internal |a subsidized a marginal a nonessentialInnodiff, a technology company introduce an innovation in bioengineering on which they are granted a patent.Select one:a. The patent should protect Innodiff’s economic rentindefinitelyb. Without patents no firm would innovatec. During the period of the patent a public good becomes aprivate goodd. Innodiff should waive the patent since the innovation is apublic good Please tell me which of these is correct from these multiple choice awnsers
- n order to create more jobs in the region, the local government gave permission to a foreign investor to build a chemical plant not far from a residential area. Analysts predict that real estate prices will drop by 15%15%. Currently, the total value of real estate is $40$40 million.Calculate the potential external cost for the residents in this area of building the chemical plant. Write the exact answer. Do not round.show step by step for this problemThis is not an assignment question. Read the question carefully and give me right answes. Don't copy from Google. How are the economic theory, political incentives, and public interest theory of regulation influence the construction of environmental regulations?
- Complete the second column of the following table by indicating who buys and sells permits in this case. Complete the fourth column of the table with the number of permits each firm ends up with after trading with the others. Next, subtract the number of permits from the initial pollution level to determine how many units of pollution reduction each firm has to complete, and enter these values into the fifth column of the table. Next, determine the total cost of reducing the pollution levels you determined in the previous column, and enter that into the final column of the table. Finally, add up the total pollution reduction costs for each firm and enter the total amount in the final cell of the total row in the following table. Firm A B C Total Buys or Sells Initial Pollution Level 30 45 60 If permits could not be traded, firm A would have to remove units of pollution at a total cost of $ The overall cost of reducing pollution in this case is $ " Permits after Trade Remaining…Consider a competitive equilibrium with positive production externalities. In this econ- omy output will, (a) be equal to its Pareto optimal value. (b) exceed its Pareto optimal value. (c) be below its Pareto optimal value. (d) be where MRS.c = M RTL.c.DRAW THE DWL DUE TO UNDER PRODUCTION AND EXPLAIN IT-
- The following companies all manufacture widgets and dump tons of glop into the air. Current contribution to overall pollution Manufacturer Polluters-r-us Smog brothers inc Costs to clean up 1 ton of glop $70 $100 $30 200 200 200 Really dirty industries The government wants to halve total pollution but does not know how much it will cost each company. Determine the total cost of the cleanup if the government employs a tradable permit scheme in which it gives the same amount of permits to each manufacturer at no cost.Externalities Quantity 0 5 10 15 20 25 30 Private Marginal Cost (PMC) 25 35 40 50 120 External Cost 30 70 75 100 Social Marginal Cost (SMC) 90 85 105 140 170 Page 1 eA utility company is closely monitoring a new set of federal guidelines recently passed by the EPA (Environmental Protection Agency) regarding allowable green house (CO2) emission levels. In this example, the primary external factor of concern for the utility company in question. environment is the A Technological Regulatory (also political and legal) C Competitive D Economic