Start Discovering Solved Questions and Your Course Assignments
TextBooks Included
Solved Assignments
Asked Questions
Answered Questions
Consider discrimination in schooling, for example. How would researchers detect such discrimination?
Poverty and Age Poverty among the elderly fell dramatically between 1959 and 1974 and has continued. Why have the experiences of these two age groups differed?
What government assistance programs does the Census Bureau consider when calculating household income? What programs are ignored?
Choose one of the topics listed and read the overview for that topic. Analyze marginal social benefit and marginal social cost involved in your chosen topic.
Why is the program described an example of command-and-control environmental regulation or of the economic efficiency approach?
Why is the net gain equal to triangle abc, even though consumers now pay a higher price for electricity?
What other condition is necessary? What did Coase consider to be an efficient solution to a negative externality?
Why does the assignment of property rights to the stream lead to the same (efficient) level of pollution whether the firm or recreational users own the stream?
Why does a solution to the overharvesting of timber in the tropical rainforests require some form of international cooperation?
Why should the government set a goal of reducing the marginal social cost of pollution to zero in industries with fixed production technology?
Distinguish between hidden characteristics and hidden actions. Which type of asymmetric information contributes to the principal-agent problem?
Search with Imperfect Information Fifty years ago, people shopped by mail using catalog. What reasons can you suggest for the growth in these forms of shopping?
Boundaries of the Firm Define vertical integration. What factors should a firm consider when determining what degree of vertical integration to undertake?
Rationale for the Firm Explain Ronald Coase's theory of why firms exist. Why isn't all production consolidated in one large firm?
Read about an IPO within the two most recent years. How much money was raised? For what will the money be used?
Which outcome would benefit the economy more, Jane Wyler having a patent on all reusable dry-cleaning bags or Rick Siegel developing a cheaper reusable bag?
How many carts would they buy at an interest rate of 8 percent? How many would they buy if the interest rate is 3 percent?
In many states with lotteries, people can take their winnings in a single. What factors should a winner consider in determining how to take the money?
Show how to calculate the cost to the state of paying out such a prize. Assume payments are made at the end of each year.
Why Interest Rates Differ At any given time, a range of interest rates prevails in economy. What are factors that contribute to differences among interest rate?
Identify some downsides for individuals and the economy of violating intellectual property rights.
Find a website with a date within the two most recent years. Analyze the union situation described.
According to the article, what are some differences between work by boys and girls in Indonesia?
Show your conclusions on a graph. Does the magnitude of the increase in demand make a difference?
Competitive Trends in the U.S. Economy William Shepherd's study of U.S. industries showed a clear increase in competition. How did Shepherd explain this trend?