Business, 10.08.2019 00:10 sierram298
In the country of normian republic, an individual's right to own land is restricted to a large extent on the basis that it runs counter to "the common good." in this context, which of the following is most likely to be the political system adopted by normian republic? (a) individualism (b) democracy.(c) collectivism.(d) capitalism.(e) protectionism
Answers: 3
Business, 22.06.2019 16:30
Suppose that electricity producers create a negative externality equal to $5 per unit. further suppose that the government imposes a $5 per-unit tax on the producers. what is the relationship between the after-tax equilibrium quantity and the socially optimal quantity of electricity to be produced?
Answers: 2
Business, 22.06.2019 20:50
Power plants that rely on coal increase the amount of sulfur dioxide that dissolves into the air, eventually increasing the acidity of precipitation. the higher acidity of rain and snow can damage forests by making it more difficult for plants to absorb minerals from the soil. the equations below provide information about the market demand and supply of electricity. there is a constant marginal external cost of $25 per unit of electricity.d: qd= 200 โ 2ps: qs=p โ 10what quantity of electricity satisfies allocative efficiency in this market? a. 60b. 70c. 50d. 43.3
Answers: 2
Business, 22.06.2019 21:10
Which of the following statements is (are) true? i. free entry to a perfectly competitive industry results in the industry's firms earning zero economic profit in the long run, except for the most efficient producers, who may earn economic rent. ii. in a perfectly competitive market, long-run equilibrium is characterized by lmc < p < latc. iii. if a competitive industry is in long-run equilibrium, a decrease in demand causes firms to earn negative profit because the market price will fall below average total cost.
Answers: 3
Business, 22.06.2019 22:30
Suppose that each country completely specializes in the production of the good in which it has a comparative advantage, producing only that good. in this case, the country that produces jeans will produce million pairs per week, and the country that produces corn will produce million bushels per week.
Answers: 1
In the country of normian republic, an individual's right to own land is restricted to a large exten...
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