Show graphically and explain how an increase in environmental awareness affects the market for bottled water.

Q: Three qualities of second-hand bicycles are available in equal numbers: high, medium, and low. There…

A: In a market, a socially efficient outcome I considered as one at which market is able to maximize…

Q: Refer to the Figure. This graph represents the market for cigarettes. This market Price 34 32 30 28…

A: In a competitive market, the market forces of demand and supply of a good determine the equilibrium…

Q: The table below shows the demand for pollution permits to emit hydrocarbons in a particular…

A: Pollution tax assessment charges polluters for the harms their activities cause the climate and…

Q: What price and quantity will the firm in the diagram above produce? What’s the socially-optimal…

A: The firms produce at a point where the MPC(Marginal Private Cost) = MPB(Marginal Private Benefit) or…

Q: Explain key ideas of ecological economics.

A: Ecological Economics: The concept- Ecological economics shows how economics is implanted in the…

Q: Use a graph to explain the benefits a farmer will experience if pollution of a nearby industry…

A: Positive Externalities (Production) occurs when a 3rd party gets benefited from the production of a…

Q: A company decides to eliminate the pollution it was causing. The result was a “socially efficient…

A: Factors of production are the components used for the process of manufacturing the goods and…

Q: How did the flood affect onion production? Can you show the change in equilibrium price and quantity…

A: The above figure shows the impact of the flood on onion production which shows that due to the…

Q: Which of the following is referred to as a negative externality of smoking cigarettes?  A. the…

A: When the production or consumption of a certain good or service has an impact on a third party who…

Q: Air is necessary for life, is the marginal benefit of air large or small?

A: Marginal benefit is the additional pleasure or utility when the additional good or service is…

Q: What public policy approach would be most reasonable to protect consumers from harmful products? How…

A: Case summary- A  great responsibility is carried by manufacturers in producing goods that do not…

Q: What is air pollution

A: Pollution is the presence of harmful gases in the environment which is excreted from the industries…

Q: If all consumers became vegetarians, what impacts would this have on the meat industry and animal…

A: The equilibrium price and quantity in a market are determined by the forces of demand and supply.…

Q: Using relevant diagrams, discuss how rationing impure public goods would limit consumption of the…

A: Rationing: This can be explained as a significant constraint which the authorities uses to restrict…

Q: The government in your country is considering three programs that affect the market for cigarettes…

A: 1) The government should implement program 3:  A cap on the number of cases of cigarettes sold per…

Q: The table below shows the demand schedules for pizza for Abby and Barry who are the only buyers in…

A: Demand represents the volume of goods and services that the consumers are willing to purchase at…

Q: The government in your country is considering three programs that atfect the market for cigarettes.…

A: The three policies mentioned here are effective in their respective ways. The first and the last…

Q: For each of three potential buyers of apples, the table displays the willingness to pay for the…

A: For each of three potential buyers of apples,the table displays the willingness to pay for the first…

Q: Which of the following are public goods? a. Air bags b. Pencils c. Cycle helmets d. City…

A: Public goods have two essential features which are non-rival and non-exclusion. 1) Non-rival –…

Q: how many tonnes of pollutants would be discharged into the atmosphere, assuming a straight-line…

A:

Q: New environmental regulation increases the cost of producing gasoline. How will this affect the…

A: Environmental regulations can raise production expenses and lower efficiency by expecting firms to…

Q: The government in your country is considering three programs that affect the market for cigarettes.…

A: Economic welfare is one the functions performed by the government of a country inorder to maintain…

Q: sold in a free market the vaccine would cost                           ["", "", "", "", "", ""]…

A:

Q: What are public goods? How may they be reflected in house prices?

A: Public goods are non-excludable and non-rivalrous. Public goods are goods that can be consumed by…

Q: Identify 5 common issues in food and Agriculture and list down possible solution to solve the…

A: Food and agriculture industry is main part of the economy. Which contributes very large amount to…

Q: Give at least 3 of the factors that affect food security?

A: Food security is made public as physical and economic access to adequate food to satisfy the dietary…

Q: After a widely publicized crime-wave, the state legislature votes to subsidize the cost of police…

A: A:- Budget constraints faced by the town on the graph

Q: The government in your country is considering three programs that affect the market of cigarettes.…

A: Given. programs available with the government are as : Program 1: media campaigns and labeling…

Q: How the market forces (Demand and Supply) are applicable for environmental science?

A: We are going to use a few economics concepts in a context of environmental science to answer this…

Q: Discuss how rationing impure public goods would limit consumption of the following (USE PROPER…

A: Rationing: This can be explained as a significant constraint which the authorities uses to restrict…

Q: Explain why there are no markets for public goods briefly.

A: Public goods are those goods that are provided by the government and those goods are non-excludable…

Q: The figure below shows the market for an agricultural product. The government maintains the price of…

A: The government expenditure is the expenditure incurred in the construction of the new house,…

Q: Qs=35+8p Qd=106-2p' Find equilibrium rice and equilibrium quantity

A: In equilibrium, Qd = Qs 106 - 2p = 35 + 8p 10p = 71 p = 7.1

Q: Let's assume you live 25 miles from the beach and it takes you 30 minutes to drive there from home.…

A: Given : Demand  before beach nourishment policy: D:Q=20-P Demand after beach nourishment policy:…

Q: (environmental) externalities? Explain one example from production/consu

A: Externalities are the cost or benefit incurred by third party due to activities of other party.

Q: The government in your country is considering three programs that affect the market for cigarettes…

A: (i): The three policies mentioned here are effective in their respective ways. The first and the…

Q: George Washington Bridge has a bike lane for crossing that cyclists can cross at any time at no…

A: A common resource is a resource which is rival and non excludable. Therefore if it is used then it's…

Q: What happens in the market for a good that pollutes the air when it is manufactured if government…

A: A negative externality / external cost is a type of spillover which imposes a cost on the third…

Q: equilibrium ir

A: Demand generated by all the consumers/ individuals during a duration at given prices depicts demand.…

Q: What happens in the market for a good that pollutes the air when it is manufactured if government…

A: When the government imposes tax on consumer during the purchase of goods, then it leads to increase…

Q: 10:55 All iCloud December 2, 2019 at 10:55 AM A village has five residents, each of whom has an…

A: The total village income, if each villager decides to how to invest based on their self-interest, is…

Q: Income quintile 6 1. New homes built on floodplains 7 Baseline New home purchases on floodplains by…

A: The price elasticity of demand (Ped) can be defined as a measurement of change in the quantity when…

Q: How did the flood affect onion production? Can you show the change in equilibrium price and quantity…

A: The market demand curve shows the negative relationship between price of the good and its quantity…