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Would it be appropriate to implement this policy now in the United States? For those who believe that it would, what are the crucial reasons?
Why is informing the consumer about any toxic substances used in the manufacture of a product sufficient to produce an efficient level of toxic substance use?
What is the difference in practice between an approach relying on performance bonds and one imposing strict liability for cleanup costs on any firm for a toxic
Do they both provide efficient precautionary incentives for the victims? Why or why not?
How should the public sector handle a toxic gas, such as radon, that occurs naturally and seeps into some houses through the basement or the water supply?
Would the export of hazardous waste to developing countries be efficient? Sometimes? Always? Never? Would it be moral? Sometimes? Always? Never?
What factors should be considered in setting the premium? Would you expect a private insurance company to take all these factors into account? Why or why not?
How effective would a strategy targeting the retirement of old, fuel inefficient vehicles be?
What are the advantages and disadvantages of using an increase in the gasoline tax to move road transport decisions toward both efficiency and sustainability?
What effects should this policy have on mass-transit usage, gasoline sales, downtown shopping, and travel patterns?
If the objective is to cut emissions in half (to 15) cost-effectively, how much reduction should be assigned to each firm?
The transfer cost associated with an emissions-charge approach to controlling chlorofluorocarbon pollution. What circumstance would lead to high transfer costs?
Explain why an acid rain policy using emissions-charge revenue to provide capital and operating subsidies for scrubbers is less cost-effective than an emission.
Suppose in an emissions trading system the permits are allocated free of charge to emitters on the basis of how much they have historically emitted.
Why Would imposing the same tax rate on every unit of emissions normally be expected to yield a cost-effective allocation of pollution control responsibility?
How much would each source ultimately spend on permits if each source were initially given, free of charge, half of the permits?
Calculate monthly returns, average monthly returns, standard deviation of returns, and correlations of returns.
Find the Herfindahl index for an industry composed of (a) three firms - one with 70 percent of the market, and the other two with 20 and 10 percent
Question: The following table presents data on three leading indicators for a three-month period. Construct the diffusion index.
Repealing the Act, or parts of it, or keeping the Jones Act in full force and effect.
Write a minimum of a five-page essay, using proper APA format, on the topic of unemployment in the U.S.
Construct the composite index (with each indicator assigned equal weight) and the diffusion index.
You estimated that as a result of the increased competition, the demand elasticity has increased from -2 to -3, i.e., you face more elastic demand.
How much more profit do they make per customer by following the consultants advice than their current method of selling the service?
So your firm is now operating in a perfectly competitive market.