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problemsuppose a perfectly competitive market for hotdog stands in new york city becomes monopolistically competitive
problemin both perfectly competitive and monopolistically competitive markets when firms are making positive economic
problemrestaurants offer related but differentiated products to their consumers in the long run new restaurants enter
problemmcdonalds burger king and wendys all produce hamburgers among other things however if you prefer burgers from
problem1 explain why an oligopolist with few competitors pays more attention to what its competitors are doing than a
problemthere are three major ferry lines operating on the east river each generating 100 units of pollution per year
problemtable 18p-2 shows current carbon emissions and the cost of reducing carbon emissions for three industrial firms
problemthe city of seattle limits each household to one can of free garbage collection per week there are fees for any
problemsuppose an environmental impact study shows that the coral reef near port douglas australia can sustain 20 scuba
problem1 in what circumstances will a tax make a market less efficient in what circumstances will a tax make a market
problemsuppose that you are an economic-policy advisor environmental groups are pressuring you to implement the
problemjimi loves turning up his electric guitar amp all the way but his next-door neighbor hates listening to him how
problemhand washing has external health benefits helping prevent the spread of communicable diseases if a program were
problemwhen us farmers in the southwest irrigate their land salt in the ground soil leaks into the colorado river the
problemwhat are the private costs and benefits associated with smoking cigarettes what are the external costs if
problem1 describe an externality not listed in the chapter is it positive or negative who is the economic decision
problem1 the dean of a college faces the following costs graders faculty classroom space and chalk of these costs which
problemlast year jarod left a job that pays 60000 to run his own bike-repair shop jarods shop charges 65 for a repair
problemlisa is a self-employed physical therapist who works from a rented space lisa charges 250 for a therapy session
problema hair salon offers three services haircuts color treatment and styling the salon charges 40 for a cut 65 for
problem1 explain why an industry experiencing constant returns to scale is just the right size2 explain why the
problem1 if a firm experiences diminishing marginal product does this mean that total output decreases explain2 a firm
problem1 explain why self-employed business owners frequently overestimate their profit levels2 imagine a restaurant in
problem1 dustin is planning to open a catering business give examples of an explicit cost and an implicit cost his new
problem1 dustin is planning to open a catering business give examples of a one-time fixed cost an ongoing fixed cost