2.40 2.00 1.60 1.20 0.80 0.40 0 12000 13000 14000 15000 Supply Demand 16000

In a contract between a Chinese seller and a Australian buyer, the Incoterm DAP Sydney airport ICC 2020 is used. This implies that: a. the buyer pays the costs from China to Sydney/b. the buyer clears the customs in Sydney / c. the buyer needs an insurance from China to Sydney/d. the seller pays the unloading of the plane in Sydney

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.

500 450 The graph on the right may help in answering question 25 400 350 300 250 200 150 100 50 O 10 20 30 40 50 60 70 80 90 100 110 120 130 140 150 Quantity Demand MC Exter nality MC private MC Social A competitive tire manufacturing industry spews emissions into the air at47 per tire a marginal cost of 1.5-q, where q is the quantity of tires produced per month (in thousands). The industry marginal cost, excluding the cost of emissions (private marginal cost), is 4 + 4•q, expressed in $ per tire. The inverse demand curve for tires is p = 480 - 3-q, also expressed in $ per tire. In order to achieve the socially efficient level of tire production, which takes into account the optimal level of air pollution, the government levies a tax on the industry. What is the efficient pollution tax? $84 per tire $101 per tire $152 per tire Price