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.
Now Priced at $10 (50% Discount)
Recommended (90%)
Rated (4.3/5)
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:
1956866
Questions Asked
3,689
Active Tutors
1457850
Questions Answered
Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!
Problem: Sinead is taking her client to a convenience store to help the client learn to make small purchases.
Describe how educators could apply knowledge of the stages of play to their practice in the early childhood sector when supporting children to play.
Stem cell therapies have garnered attention in regenerative medicine, with their potential applications in personalized medicine, disease modeling
Reflect on the importance of self-care as a disability support worker. Recognise how personal well-being impacts your professional capabilities
Reflect on the common signs of stress and their impact on your professional and personal life. Consider how stress can manifest physically, emotionally,
Problem: Why is it important for medical office assistant? Arrival and Safety Check: Arrive early to ensure everything is in place for the day.
Reflect on the importance of accurate and comprehensive record-keeping in disability support. Consider how maintaining detailed records of individualised care