Suppose Congress passed a bill funding research into alternative sources of energy. Which of the three goals of government economic policy would this fulfill?

Refute this statement To ensure that we always have an efficient economy and every firm has a chance at some profits, the government should force firms lucky enough to have stumbled onto important emerging technologies to immediately share these technologies with other firms.

Graphically analyze the effect that a revenue neutral carbon tax has on the consumption of carbon intensive goods.

Consider a lake found in the town of Center Barnstead, and then answer the questions that follow. The town has a campground whose visitors use the lake for recreation. The town also has a fish cannery that dumps industrial waste into the lake. This pollutes the lake and makes it a less desirable vacation destination. That is, the fish cannery's waste decreases the campground's economic profit.        Suppose that the fish cannery could use a different production method that involves recycling water. This would reduce the pollution in the lake to levels safe for recreation, and the campground would no longer be affected. If the fish cannery uses the recycling method, then the fish cannery's economic profit is $1,500 per week, and the campground's economic profit is $1,800 per week. If the fish cannery does not use the recycling method, then the fish cannery's economic profit is $2,000 per week, and the campground's economic profit is $1,000 per week. These figures are summarized…

Which of the following is not a reason for governments to provide merit goods? protecting consumers from poorly informed decisions protecting children from the decisions made by poorly informed parents providing greater equality of opportunity protecting firms from poor investment decisions A

What are the causes and consequences of externalities in economic activities? How can governments intervene to address negative externalities and promote positive externalities?

None

How does poor air quality derived from pig farming affect the manufacturing industry in any location?

Suppose Fischer Pond is a common-property resource—anyone can fish without having to pay for access. Locke Lake is privately owned—people who want to fish must purchase one of a limited number of permits from the lake's owner each season. According to the incentives that private ownership creates, which of the following would you expect to happen?     Check all that apply. The owner of Locke Lake is likely to keep the lake clean and unpolluted.   The owner of Locke Lake is likely to limit the number of fishing permits in order to maintain a plentiful stock of fish.   Fischer Pond is less likely to experience a dwindling stock of fish each season.

Compare and contrast the following concepts and indicate their implications: in the context of city formation, external economies of scale in production vs economies of scale in production chegg