If this market behaved like most markets, you would expect: a. equilibrium quantity to rise or fall and equilibrium price to fall. b. equilibrium quantity and price to rise. c. equilibrium quantity and price to fall. d. equilibrium quantity to rise or fall and equilibrium price to rise.
Answers: 3
Business, 21.06.2019 16:20, hernandezeileen20
Match each of the terms below with an example that fits the term. a. fungibility the production of gasoline b. inelasticity the switch from coffee to tea c. non-excludability the provision of national defense d. substitution the demand for cigarettes
Answers: 3
Business, 22.06.2019 02:00, nayelycuencax
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.
Answers: 2
Business, 22.06.2019 11:00, PastyMexican24
On analyzing her company’s goods transport route, simone found that they could reduce transport costs by a quarter if they merged different transport routes. what role (job) does simone play at her company? simone is at her company.
Answers: 1
If this market behaved like most markets, you would expect: a. equilibrium quantity to rise or fall...
Health, 21.09.2019 20:10
Mathematics, 21.09.2019 20:10
English, 21.09.2019 20:10
Computers and Technology, 21.09.2019 20:10
Mathematics, 21.09.2019 20:10
Biology, 21.09.2019 20:10