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external benefits from education and deadweight loss using figure 303 on page 649 as a starting point compute the
lojack and insurance companies consider the application external benefits from lojack suppose all vehicles in a state
stream preservation consider a trout stream that is threatened with destruction by a nearby logging operation each of
fireworks as public goods a three-person city is considering a fireworks display bertha is willing to pay 100 for the
defenders of wildlife each of the 80000 citizens in a particular county is willing to pay 010 to increase the number of
class participation consider a course with 40 students some of whom are confused after the professor explains a concept
cost sharing for monitoring el nintildeo suppose the monitoring of el nintildeo s current costs a total of 12 billion
paying for a wifi network consider a small town with 1000 households the town could install a wireless wifi network
coase and noise pollution vivian is trying to learn to play the violin much to the dismay of her housemates vivian and
optimal pollution abatement suppose the marginal benefit of pollution abatement is constant at 12 per unit the marginal
consider the application on the median voter and public education based on application 5 on page 655a fill in the
reforestation versus abatement suppose your firm commits to reducing greenhouse gases by 11 tons per year you can pay
split the difference for a pollution permit consider two firms each of which is issued three marketable pollution
options for abating noise pollution janis enjoys loud music and is willing to pay 9 for the first song and 1 less for
shifting a tax on home heating oil you are an economic consultant to a member of congress someone just introduced a
consider the demand for co2 allowances in the european union the supply of allowances is fixed and the initial price is
current events analysis portfolio - recent macroeconomic performance unemployment and inflationhold down the control
lower abatement cost and permit prices suppose new technology decreases the cost of abating pollution by half depict
no permits exchanged a state issued marketable permits for sulfur dioxide emissions to several electricity generators
wage and price effects of immigration in the initial equilibrium in the market for farm workers the wage is 10 per hour
labor demand elasticity and total income suppose a union s objective is to maximize the total income of nurses total
trade-offs from featherbedding suppose that featherbedding increases the labor time per unit of output from five hours
product elasticities and the wage job trade-off consider two unions one in an industry where the price elasticity of
maximizing labor income consider a union that faces a linear demand for its workers the vertical intercept is 40 and
when is it profitable to pay an abovemarket wage why do law firms pay more for janitors and