Explain in words why a regulator might want to sell as many permits as firms are willing to buy at some high price in a cap-and-trade system. Then explain why the regulator might offer to buy as many permits as firms are willing to sell at some low price in a cap-and-trade system.

Amarket is said to be equilibrium when quantity demanded is equal to quantity supplied. critically analyse the above statement by giving different types of market

Adds up the money earned by producers plus taxes paid to the goverment. a) income approach b) product approach c) expenditure approach

Kcompany estimates that overhead costs for the next year will be $4,900,000 for indirect labor and $1,000,000 for factory utilities. the company uses direct labor hours as its overhead allocation base. if 100,000 direct labor hours are planned for this next year, what is the company's plantwide overhead rate?