Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Microeconomics Expert

Economics


Home >> Microeconomics

As we all know that at present it is not legal for parents who wish to adopt a child to pay the birth mother for, or to offer to pay for, the babies they adopt. [Adoption agencies do charge for their services, of course.] Use economic theory to analyze the (potential) market for adoptive babies and answer this: what would happen if such payments were allowed? (Draw yourself a supply-and-demand graph to help you think about this question.)

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M9309664

Have any Question?


Related Questions in Microeconomics

Question consider a manufacturer that sells its product to

Question: Consider a manufacturer that sells its product to a retailer who resale it to final consumers. The two firms do not have any production costs. The market has 100 consumers of type A and 80 consumers of type B. ...

Indifference curves assume that the consumer purchases only

Indifference curves. Assume that the consumer purchases only two goods, x and y. Based on the information in each of the following parts, sketch a plausible set of indifference curves (that is, draw at least two curves, ...

Question the federal reserve bank controls the money supply

Question: The Federal Reserve Bank controls the money supply and interest rates in the United States. In your informed opinion, has it done a good or a bad job over the last decade? Why? What could it or should it have d ...

Question mary has forgotten to put rental expenses on the

Question: Mary has forgotten to put rental expenses on the budget statement this month. Comment on the appropriateness of her action under each of the following scenarios: i) Mary owns the shop , Mary budgets a rental ex ...

Question the demand for skilled workers in the united

Question: The demand for skilled workers in the United States has been increasing. To increase the supply of skilled workers, many argue that immigration reform to allow more skilled labor into the United States is neede ...

Questions1 use graphs to explain the following concepts11

Questions 1 Use graphs to explain the following concepts: 1.1 Ben allocates his lunch budget between two goods, pizza and burritos. Illustrate Ben's optimal bundle on a graph with pizza on the horizontal axis. Suppose no ...

Question bowen is a manufacturer of golf carts in

Question: Bowen is a manufacturer of golf carts in Minneapolis servicing Minnesota and several nearby states.  Over the past several years, a number of other golf cart companies have established operations in Bowen's mar ...

Question suppose a plague causes a one-time reduction in an

Question: Suppose a plague causes a one-time reduction in an economy's labor force; immediately afterward the economy returns to its pre-plague labor-force growth rate. Suppose further that the economy was on its balance ...

If the elasticity of demand for cigarettes is 075 and the

If the elasticity of demand for cigarettes is 0.75 and the elasticity of supply for cigarettes is 1.25, then a 5% decrease in the demand for cigarettes would cause the price of cigarettes to: decrease by 2.5%.increase by ...

Question according to the pih the ratio of permanent

Question: According to the PIH, the ratio of permanent consumption to permanent income is uncorrelated with the level of income. Thus someone earning $5,000,000 per year would save the same percentage of their income as ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

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

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As

Follow Us

© Copyright 2013-14 mywordsolution.com All rights reserved