Possible methods for avoiding the externalities in a free-market economy?

Q: Consider the following example of a supply function, Qsx = -875 + 1250PX – 25C where Qsx refers to t...

A: The supply function for product X is given by Qsx=-875+1250Px-25C           ... (1) We have to find ...

Q: If government sets a price ceiling of $8 per unit in the market illustrated in the diagram, the resu...

A: A price ceiling is a government- or group-imposed price control, or limit, on how high a price is ch...

Q: Consider golfers who led the Professional Golfers' Association of America (PGA) in winnings at diffe...

A: We know that the consumer price index CPI is calculated as  CPI=value of consumption basket in given...

Q: What is the dominant strategy of DC Comics?

A:

Q: Why people struggled to pay rent and basic utilities during pandemic of COVID-19 even though they ha...

A: The lockdown during covid-19 has affected the performance of markets around the world. This is due t...

Q: 15. A hotel rents rooms to customers by the night. The hotel determines that if it sets the price o...

A: Revenue is the money earned by a company from the sale of its goods and services. . Revenue measures...

Q: A certain office equipment has a first cost of PhP 20,00 and has a salvage value of PhP 1,000 at the...

A: First Cost = 20,000 Salvage value = 1,000 Time period = 10  

Q: Your association is thinking about running a venture which will involve a speculation of $1,000,000....

A: The amount invested in a project is $1,000,000 The revenue of $250,000 will be generated after the e...

Q: define or describe globalization without being anchored/biased to the definitions of political exper...

A: The term "globalization"  basically refers to the speed with which global movements and the exchange...

Q: Find the EAR in each of the cases. Use 365 days a year- Do not round intermediate calculations and r...

A: Given APR 8%, 16, 12, 15 compounded as quarterly, monthly, daily, infinitely. To calculate:- EAR=? P...

Q: In the context of regulating new drugs, a type I error occurs when and a type II error occurs when A...

A: Type 1 error means rejeccting the H0 when it is true . Whereas  Type II Error :- accepting H0 when i...

Q: The table shows the price and quantity demanded for floor mats. Using the Midpoint Method, what is t...

A: Point Price  Quantity  B P1=43 Q1=480 C P2=46 Q2=460 Mid point method of price elasticity of ...

Q: Problem 2. (Equilibrium with Intertemporal Choice) Consider an intertemporal choice problem with Amb...

A: Given information there are 2 consumers Ambrosia and Fergus Initial endowment of Ambrosia WA=(4,1) E...

Q: Evidence suggests that, following some exogenous shock, exchange rates change: Select one: O a. None...

A: Option D Before Prices change

Q: 1. Suppose a closed economy has national income of $50 million, Investment of $2 million, Inflation ...

A: Total tax rate= (Net tax rate+Rate of inflation)=(15+5)%=20% Total tax revenue=T= $(50*0.2) mil=$10 ...

Q: Suppose that the required reserve ratio is 10%. The table below shows the balance sheet (in millions...

A: Given:Deposits=1000Reserves=200Required reserve ratio=10%

Q: What is positive supply shock? What are the few examples to positive supply shocks? What is the impa...

A: A supply shock refers to the changes in aggregate supply in the economy.

Q: A population has a mean of  1398.25 and standard deviation of 246.85   17 The middle interval that ...

A: Given Population mean = 1398.25 Population standard deviation =246.85 99% Confidence interval = 1398...

Q: 5) Supose U (x, y) = x05 + y. a. Derive the ortiray demand curves. b. Findi-iv: i Price elasticity &...

A: Since you have posted multi-subparts questions, as per guidelines, we are supposed to solve only thr...

Q: person receives SR10,000 today and wants to invest it at 8% per year to be able to withdraw SR2000 e...

A: Investment is the act of keeping money in bank or any other organization for earning profit.  

Q: $/minute 2.50 .35 860 1000 Minute The above figure shows the market demand curve for telecommunicati...

A: Consumer surplus is the area of the triangle above the market price line and bounded by the demand c...

Q: find the principal value of perpetuity amount of 18,000 with a nominal rate or 5% compounded quarter...

A: In the above question, it is given that : Amount = 18000 Interest rate = 5% = 0.05 / 4 = 0.0125 Time...

Q: 2. Now, reestimate the model using the log of netinc and salary: return = -36.30 + .327dkr + .069eps...

A: An effective statistical tool for examining the relationship between two or more variables of intere...

Q: The MRT of hospital for roads from point C to B is Round-off to two decimals.

A: The marginal rate of transformation (MRT) is the number of units or amount of a good that must be fo...

Q: Given Cost and Price​ (demand) functions C(q)=120q+45000 and p(q)=−2.8q+900​, what is the marginal r...

A: Marginal revenue refers to change in total revenue with respect to change in output.

Q: The following table shows the composition of GDP in 2015 for a hypothetical country. Complete the ta...

A: The given table shows the information about the components of aggregate demand with some missing val...

Q: Use the information in the table below to calculate the value of the marginal product of labor (VMPĻ...

A: Value of marginal product of labor = Price * Marginal product of labor L MPL P VMPL 1 24 5 120 ...

Q: MC AC AVC D1 D2 D3 D4

A: The firm will stop producing if price falls below the shutdown point. Shutdown point is decided thro...

Q: Joanne B. Ciulla: Exploitation of Need The myth of free choice in employment? Why it is a moral prob...

A: ▪︎The myth of free choice in employment =》To earn enough to pay the rent, it might appears to be tha...

Q: Consider a firm that is currently producing a level of output that maximizes its profits. The firm g...

A: Given:  Revenue of the firm = $40 million per month. Worker Compensation = $30 million Renting of ma...

Q: Calculation question: Suppose the following data accurately estimates the costs and benefits you out...

A: The investment is suggested only when the Net present value is positive. 

Q: Among the properties of the inequality indices, we have seen the Pigou Dalton principle. Do You thin...

A: Pigou Dalton principle approach towards maximize the social welfare. It states that allocation in an...

Q: The Russia-Ukraine War: Discuss the effects of this war on international trades and businesses

A: The conflict appears to be Europe's most serious conflict since 1945.

Q: Both the "cultural theory of poverty" and the "cultural system and poverty" argue that poverty is a ...

A: According to the culture of poverty theory, poverty is caused by people's values or cultural standar...

Q: If P 10,000 is deposited each year for 9 years, how much annuity can a person get annually from the ...

A: In this question, there are two cash flows, One cash flow is when P10,000 is deposited each year-end...

Q: You borrowed P10,000 and committed to pay back the entire principal plus interest of 3.25% per year ...

A: Given  At present time, borrowed amount P=10,000 Rate of interest i=3.25% n=6

Q: If a particular fintech company is likely to disrupt anyaspect of the country’s financial system, sh...

A: When some good is manufactured, cost  takes place for producing that particular good and then proces...

Q: • Calculate the amount deposited 1 year ago to have P75 now at an interest rate of 25% per year. Als...

A: GIVEN   price = P 75 I = 25%  

Q: Your association is thinking about running a venture which will $1000,000. The item from the venture...

A: given investment = 1000000 $ Income in year 1 = 250000 Year 2 = 420000 Year 3 = 420000 interest rate...

Q: The following table shows the composition of GDP in 2015 for a hypothetical country. Complete the ta...

A: Gross domestic product measures the value of goods and services at current year market prices.

Q: Why shouldn’t every adult without a job be classified as part of the official unemployment rate? Wha...

A: Unemployment rate: The unemployment rate is a useful indication of underutilization of the labor sup...

Q: sticity of demand? Select one: O a. movie tickets O b. video rentals O c. milk O d. mustang converti...

A: Option C Necessity goods have low price elasticity of demand Among these milk is a necessity good.  ...

Q: The economy of Ashenvale is currently in a long-run equilibrium, depicted by point E, on the graph. ...

A: The given question is related to the aggregate demand-aggregate supply macroeconomics model. 

Q: Find one (1) multi-national company in the Philippines. Identify at least five (5) risk management b...

A: There are many measures that can be taken in order to protect the company from any kind of risk. Com...

Q: In the US, drug companies receive a patent of 100 years for each drug they develop. This allows them...

A: At the center of the country's drug pricing evaluating issue is one principal reality, Drug organiza...

Q: Which is NOT true about globalization? A. Globalization has competing definitions and importance B. ...

A: Trade is defined as the exchange of commodities and services across the boundary of the country.  In...

Q: Consider the classic consumer's choice problem of an individual who is allocating Ý dollars of wealt...

A: Given information Two goods=C1 and C2 Price of good C1=P1 Price of good C2=P2 Income=Y Utility funct...

Q: 20 AS1 AD1 5 10 Real GDP 15 20 Consider only the short run. The economy was operating at point A at ...

A: Higher pricing for major factors will shift aggregate supply to the leftward, as shown in the graph ...

Q: If 9% is deducted from Jacob's annual pay of $1,035 to pay for state taxes, then how much is deducte...

A: State taxes are collected by the state government it is not the part of the central government. Stat...

Q: A profit-maximizing competitive firm uses just one input, x. Its production function is q 2x2, Margi...

A: A firm will maximise its profit where price of an input is equal to value of marginal product 

Market Equilibrium and Failure

The economy of a country or any place depends on the market demand and market supply of goods and services.