Suppose that it costs $10 to produce a low-quality electric stapler and $25 to produce a high-quality stapler. consumers cannot distinguish between good staplers and poor staplers when they make their purchases. there are four firms producing staplers. consumers value staplers at their cost of production and are risk neutral. will any of the four firms be able to produce high quality staplers without making losses? suppose each firm produces 1 comma 000 staplers. if one firm makes high-quality staplers, then each firm that produces low-quality staplers will earn profit of $ nothing and the firm that makes the high-quality staplers will earn $ nothing.

Which stroke of the four-stroke cycle is shown in the above figure? a. power b. compression c. exhaust d. intake

Suppose the marginal damage and marginal benefit curves in a polluted neighborhood are md = p/3 and mb = 4 – p. also, suppose that transactions costs are low, so that the consumers and the firm can bargain. we saw that in this case, the socially-optimal level of pollution is achieved. start by computing the socially-optimal p. then, for each of the following cases, compute the amount of money transferred through the bargaining process, and indicate who pays whom (i.e., whether consumers pay the firm, or vice versa). also, compute the gains to each party relative to the status quo (i.e., the starting point of the bargaining process).a)consumers have the right to clean air; firm is dominant in the bargaining process.b)consumers have the right to clean air; consumers are dominant in the bargaining process.c)firm has the right to pollute; firm is dominant in the bargaining process.d)firm has the right to pollute; consumers are dominant in the bargaining proces

According to this excerpt, a key part of our national security strategy is