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1. What is meant by externalities? What are different types of externalities?
2. What are different types of externalities?
3. What is the Coase theorem? How is it related to externalities?
Business Economics, Economics
A jewerly store paid a unit price of $250 less 40%, 16% , 8% for a shipment of designer watches. the store's overhead expenses are 65% of cost and the required profit is 55% of coat. a. What is the regular selling price ...
Lisa and David have been married for two years. They have just decided that summer of 2020 should be spent in Switzerland. They figured out that in order to meet the cost of the entire vacation they would only have to de ...
Fully explain at least one reason why many developing countries suffered serious debt crisis in the early 1980s. Does this reason you explained in debt support Krueger & Srinivasan's argument? Why or why not? How could t ...
How would you explain the concept of a quality adjusted life year? When is it appropriate to use "QALYs" instead of simply improved life expectancy as the outcome measure in an economic evaluation?
Suppose that a firm had a production function given by: q=L0.25K0.75. The wage rate (w) is $5 and the rental rate (r) is $10. Calculate the amount of labor the firm would hire when it produces 400 units of output in a co ...
What is the supply curve, how do you apply the law of supply in economics?
The following is data a veterinarian collected from some of her clients. it is a rough estimate % of dogs weight and how long the dog lived estimate of dog's weight(xi) life span(yi) 20 ...
What are some challenges in delivering health services in the peripheral areas?
What is a Survey and pros and cons of using this method to collect data are? Have you done a survey? How successful were your results?
From a random sample of 41 teens, it is found that on average they spend 31.8 hours each week online with a standard deviation of 3.65 hours. What is the 90% confidence interval for the amount of time they spend online e ...
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Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate
Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p
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