Explain the way or form of government intervention to solve the problem negative externa

Q: John has the following utility function: U(X,Y) = 4X²Y. a) Does he believe that more is better for e...

A: Given:- John utility function: U(X,Y)=4X2Y To determine:- a) Does more is better=? b) Does MRS dimin...

Q: An increase in productivity in a country will cause its currency to ________ because it can produce ...

A: When there is an increase in productivity, more output is produced so the value of currency improves...

Q: The supply and demand curves for a product are given by the following equations: P = aQs + b and P c...

A: Given information Demand function P=cQd+d Supply function P=aQs+b new demand function Q=1520-5P P=18...

Q: The economic order quantity of Inc. is 1,000 unit.  They sold their sole product for a selling price...

A: Economic order quantity is the optimum order to be made to reduce the holding and carrying cost of i...

Q: The data below are from the economies of Ishgandar and Nonburmia. Ishgandar         Nonburmia       ...

A: GDP is the value of goods and services produced in the economy within a given period of time.

Q: How many Nash equilibria does this game have? hand written plzz

A: Nash equilibrium is states that the no player has an incentive to deviate from their strategy. That ...

Q: After 10 years, the public transportation remain unimproved. The modal split will also remain unchan...

A: The person trip demand will increase from 450 to 675 after 10 years. Capacity during peak period = 4...

Q: •Suppose demand is Q = 100 – 2P •a.) Calculate the price elasticity of demand at P = $5. •b.) Calcul...

A: Q=100-2P Price Elasticity of Demand measures the percentage change in the quantity demanded of a goo...

Q: Suppose U = ×1×2 subject to, 10x1+ 20x2 = 100 To reduce the consumption of x2 by half, government im...

A: Introduction Utility and consumption function of x1 and x2 has given. U = x1 x2 Consumption function...

Q: At what output does a perfectly competitive firm maximize its profit? when marginal cost equals aver...

A: A perfectly competitive firm is the one where there are large number of buyers and sellers selling h...

Q: P. a, o, Quantity Demanded Refer to the diagram. In the PP price range, demand is Price

A: Elasticity is the degree of responsiveness of demand with respect to the change in the price of the ...

Q: (Table: Fresh Fruit Murket and Spoiled Not Foxxd T) Payofls are in thousands of dollars. Spoiled Not...

A: Nash Equilibrium is a situation when every player plays their best response and has no incentive to ...

Q: Suppose that Sandy can produce 10 economic reports or make 2 sales calls. Suppose Tim can produce 2 ...

A:

Q: Graph the following: A. People of town X move to town Y. Supply in town X remains the same. Show eff...

A: A) When people of town X move to town Y, the demand for goods and services in town X falls and cause...

Q: Where does the Central Bank's profit go?

A: Central Bank of an economy cab earn profit in terms of interest income as it provides loan to the co...

Q: Bill and Mary sell ice-cream on the boardwalk in Atlantic City. They are competitors. There are two ...

A: Nash equilibrium is a situation in which each player chooses an optimal strategy, given the strategy...

Q: The college graduates of 2000 could hardly have asked for better luck. The unemployment rate dropped...

A: Unemployment is defined as the state of not having a job. Unemployment is the number of people in th...

Q: - Mixed Strategies, the Auditing Game, and the Ramifications of Guilt,. Suppose the person feels som...

A: a mixed strategy is a likelihood appropriation one purposes to arbitrarily pick among accessible act...

Q: 4. What type of industry is best described by the "pure" Bertrand model? By the Cournot model? By th...

A: Bertrand model portrays a cost rivalry between duopoly firms which brings about each charging the va...

Q: III. Find the cost of the basket Year Year 1 Orange 200 Quantity Price Quantity Price Quantity Price...

A: According to the question, it is given that : There are three goods offered in an economy : Oranges...

Q: The supply and demand curves for a product are given by the following equations: P = aQs + b and P =...

A: Given information Demand function P=cQd+d Supply function P=aQs+b new demand function Q=1520-5P P=18...

Q: 2. Let a firm's short run total cost curve be given by c(y) = 10+10y-y²+0.25y³; therefore: MC = 10 –...

A: Short run supply curve"it is the portion of its supply curve that lies above its average variable co...

Q: Consider a firm facing a downward-sloping demand curve. Which of the following is true at the profit...

A: In the mentioned question we have been asked what will happen at the profit-maximizing level of outp...

Q: 7. There are three (3) types of resumes: chronological resume combination resume functional resu...

A:  A resume is a document that describes the education, abilities, talents, work experiences of any pe...

Q: Expenditure Approach ( consider the following data. ) Billion of Pesos Personal consumption expendit...

A: Here, the information about the income and expenditure is a country is given that can be used to com...

Q: Why is it important to know how to identify topic sentences or thesis statements?

A: A topic sentence is a sentence that summarises a paragraph's main idea. It encapsulates or organises...

Q: 4. "It is not the continued shift of the SRAS curve that causes continued inflation". Explain this s...

A: "It is not the continued shift of the SRAS curve that causes continued inflation". The explanation i...

Q: How does the meaning of globalization vary in its 4 phases of development? The four (4) phases of gl...

A: The spread of products, technology, information, and jobs across national borders and cultures is kn...

Q: Imagine that the flat-screen TV market is made up of one large firm that leads the industry and sets...

A: In Stackelberg duopoly, two firms compete in quantity where one firm has first mover advantage and s...

Q: what is monopolistic competition? (50 WORDS)

A: Monopolistic competition happens when an industry has many firms offering items that are comparative...

Q: Suppose you wish to borrow $800 for four weeks and the amount of interest you must pay is $20 per $1...

A: The Annual Percentage Rate (APR) is the cost of borrowing money stated as a percentage each year, in...

Q: Currently, the Federal Reserve executes monetary policy by targeting   Question 7 options:   a)  ...

A: The objectives of monetary policy are to advance the greatest work, stable costs, and moderate long-...

Q: Yj-2x11 Y2=3x12 Q 4. ( A) Consider the following production functions: y2 are products and xj is the...

A: Given information Y1=2X11 Y2=2X12 Y are the products X are inputs Total use of X= 1/2Y1+1/3 Y2  

Q: Which of the following groups of people are not regarded as economically inactive? a) People who wan...

A: Since you have asked multiple question, we will solve the first question for you. If you want any sp...

Q: The IS-LM model is considered. Autonomous consumption equals 100, autonomous investment equals 200, ...

A: Given: autonomous consumption=100 Autonomous investment=200

Q: (2) A study indicates that spending money on pollution control is effective up to a point but eventu...

A: New research from Greenpeace Southeast Asia and the Centre for Research on Energy and Clean Air deta...

Q: Based on the discussion, identify and explain in your own words the significance of HDI in assessing...

A: The measure that depicts a measure of average achievements of countries in various dimensions of hum...

Q: Draw and carefully label the Euro-U.S. dollar foreign exchange graph. You must use the Euro/US $ exc...

A: In the international market, the exchange rate between two or more currencies depends upon the deman...

Q: The equation of the demand function for luxury sparkling wine is given by QD = 1520 – where Qp is th...

A: The demand function is the changes in quantity demanded which are brought about by changes in the pr...

Q: The main criticism of a market economy is a. Concentration of wealth in a small percentage of the po...

A: The market economy is an economic system where resources are own and controlled by the private enter...

Q: E. DISCUSS HOW THE “STAGES OF GROWTH FRAMEWORK EXPLAINS ECONOMIC STRUCTURAL CHANGE.

A: In an economy, stages of growth framework include the stage of startup to growth, maturity and then ...

Q: Because there isn't one single measure of inflation, the government and researchers use a variety of...

A: CPI and GDP deflators will be examined in the ensuing discussion. While the GDP deflator considers t...

Q: Topic: Unemployment and Inflation Explain three types of unemployment, their meaning and exam...

A: Unemployment is characterized as a circumstance where an individual of working age can't find a new ...

Q: Market research for a certain ice cream company indicates that if the price per cup of ice cream is ...

A:

Q: B. The following equation describes the conversion of a cash flow into an equivalent equal payment s...

A: Cash flow diagrams visually address income and costs throughout some time intervals. The diagram con...

Q: Your friend gives you the data from a day of taco sales at each of the 40 food trucks, and asks you ...

A: We are given, Qi=β0+β1Pi+ui (Biased Model) We are given that the demand for a good for each taco tru...

Q: Where does allocative efficiency occur? where the price of a good is equal to the marginal cost of p...

A: Allocative efficiency is a condition of the economy where creation is lined up with purchaser inclin...

Q: Q = a + bP + cM In the demand function above, Q is quantity demanded, P is the price of this good, a...

A: Given: Demand function: a+bP+cM

Q: Deadweight loss under first-degree (perfect) price discrimination is: O Varies depending on the shap...

A: Concept: 1) A deadweight loss is a cost to the society which is created due to market inefficiency t...

Q: der the Exchange Rate Mechanism of the European Monetary System, when the British pound depreciated ...

A: When the British pound depreciated against the german mark, the cental bank of germany was required ...