For many years, senator juliana higdon has called for more government regulation of business. "after all," the senator said recently, "businesses are out to make a profit, not to create jobs or serve their customers. the government needs to pass more laws to require businesses to take the interests of consumers and workers into account." from these comments, it is clear that senator higdon
a. does not accept the "invisible hand" idea brought forth by adam smith.
b. is unaware of the fact that most businesses in the united states are owned by the government.
c. does not realize that government regulation is already the main determinant of business decisions in capitalist economies.
d. agrees with the ideas of thomas malthus.

4. suppose that pollution in a neighborhood comes from two factories, with marginal benefit curves given by mb1 = 12 – p1 and mb2 = 8 – p2. the level of pollution in the neighborhood is given by p = p1 + p2. the government wants to limit pollution by instituting a pollution-rights market. the government’s desired level of p is 10, so it prints 10 pollution rights and offers them for sale to the firms. a)find the equilibrium selling price of a pollution right, as well as the allocation of rights (and hence pollution levels) across the two factories. b)repeat part (a) for the case where the government’s desired level of pollution equals 14. c)comment on the usefulness of a pollution rights market in achieving efficient levels of pollution abatement.

Consider 8.5 percent swiss franc/u. s. dollar dual-currency bonds that pay $666.67 at maturity per sf1,000 of par value. it sells at par. what is the implicit sf/$ exchange rate at maturity? will the investor be better or worse off at maturity if the actual sf/$ exchange rate is sf1.35/$1.00

Compare the rate at which each of the three students read. stew: connie: felicia: words minute 795 3 1855 7 2120 8 2650 10 260 words per minute which student reads at a faster rate? in your final answer, include all necessary calculations.