One reason for government intervention in the economy is to
One reason for government intervention in the economy is to discourage the consuption of goods which have negative externalities. Carefully explain why and the extent to which these goods should be taxed.
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From 1970 to 2000, the supply of college graduates to the labor market increased dramatically, while the supply of high school (no college) graduates shrank. At the same time, the average real wage of high school graduates fell.
A competitive firm can sell all of its output for the market price of $5. its short run cost function is TC= 1000 + Q + 0.005Q2. this cost function has marginal cost given by MC= 1 + 0.01Q.
Explain why this statement and the assumption that net receipts will be zero at an output where marginal revenue equals marginal costs are wrong.
Atwood's Machine The two masses (m1 = 5.1kg and m2 = 2.5kg ) in the Atwood's machine are released from rest, with m1 at a height of 0.95m above the floor. Determine the pulley's mass
Where is the price of peaches, is income, is the price of apricots, and is rainfall. Assume that and .
Household wiring made of aluminum wire with cross-section area 3.1 x 10^-6 m^2 carries a current of 4.5 A. what is the power loss over 5.2 m of wire
A decision maker wishe to minimize the cost of producing a given level of total benefit, B = 288. The cost function is C = 6x + 3y and the total benefit is B = xy. Set up the Lagrangian adn then determine the levels of x and y at the minimum level of
In a perfectly competitive market suppose that a competitive firm's marginal cost of producing output q is given by MC(q)=3+2q. Assume that the market price of the product is $9:
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What kind of language does the author use? Is it formal or casual, technical or personal, funny or serious, simple or complicated? INFER the author's reasoning
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As a practicum and internship student in counseling, I have identified the National Board for Certified Counselors (NBCC) as a professional organization to join
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For this summative assessment you will reflect on the action research process and identify common organizational challenges, and strategic solutions.
Explain the influence of the Cold War between the United States and Soviet Union on political and military conflicts in Latin America.
Pick a song of your choosing that has meaningful lyrics. Analyze and describe both the song's lyrics and its musical elements.